Plan Ledger DOL Form 5500 · updated monthly

Aspire Mro, LLC401(k)

ASPIRE MRO, LLC 401K PLAN · FT WORTH, TX · plan year 2024

Reported admin expense ratio · 2024
0.52%

Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works

Aspire Mro, LLC reported $59,655 in plan administrative expenses for 2024: 0.52% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,262 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.62% to 0.52%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 2,757th-largest of 5,688 plans among Texas employers on file, and 7,326th of 11,654 in professional & technical services. In 2024, employees put in $2.91 for every $1.00 the employer contributed; active participation has grown from 115 to 238 since 2022.

Plan summary
Net assets, end of year$12,224,968
Participants with balances374
Active participants238
Employer contributions$300,461
Employee contributions$873,478
Employer contribution per active participant$1,262
Average account balance$32,687
Benefits paid to participants$1,153,466
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.2M · 374 accts · $300K emplr
2023$10.8M · 612 accts · $171K emplr
2022$9.9M · 383 accts · $311K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$34,086
Investment management$25,569
Total administrative$59,655
The Aspire Mro, LLC 401(k) match · 2024
Employer contribution per active participant$1,262
Median for plans this size$2,416
2024$1,262 per active participant
2023$2,244 per active participant
2022$2,709 per active participant

Aspire Mro, LLC's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$34,086
IF ADVISORS, LLC · Investment advisory (plan)$23,946

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$59,655 · 0.52%
2023$71,848 · 0.70%
2022$70,582 · 0.62%
Same employer
Similar plansProfessional & Technical Services · Texas
Leadsonline LLC TX$12.3M · 0.27%
Smith & Burgess, LLC TX$12.3M · 0.05%
Infovision, Inc TX$12.3M · 0.37%
Vira Insight, LLC TX$12.2M · 0.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 883750550 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.