Plan Ledger DOL Form 5500 · updated monthly

Astronics Corporation401(k)

ATRO COMPANIES PROFIT SHARING/401(K) PLAN · EAST AURORA, NY · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Astronics Corporation reported $266,504 in plan administrative expenses for 2024: 0.09% of average plan assets, above the peer median. Employer contributions averaged $4,730 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 rose from 0.08% to 0.09%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 324th-largest of 5,648 plans among New York employers on file, and the 804th of 13,661 in manufacturing. In 2024, employees put in $1.77 for every $1.00 the employer contributed; active participation has grown from 1,667 to 1,886 since 2022.

Plan summary
Net assets, end of year$325,254,430
Participants with balances2,868
Active participants1,886
Employer contributions$8,920,782
Employee contributions$15,787,038
Employer contribution per active participant$4,730
Average account balance$113,408
Benefits paid to participants$31,002,156
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$325.3M · 2,868 accts · $8.9M emplr
2023$290.8M · 2,820 accts · $5.1M emplr
2022$229.7M · 2,533 accts · $4.4M emplr
The Astronics Corporation 401(k) match · 2024
Employer contribution per active participant$4,730
Median for plans this size$4,294
2024$4,730 per active participant
2023$2,693 per active participant
2022$2,620 per active participant

Astronics Corporation's 2024 employer contribution ran above the $4,294 median for plans its size. 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 · 20243
VANGUARD GROUP, INC. · Recordkeeping · Consulting$226,875
FREED MAXICK CPAS PC · Accounting / audit$20,000
WILMINGTON TRUST · Investment management$17,500

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$266,504 · 0.09%
2023$261,036 · 0.10%
2022$194,369 · 0.08%
Same employer
Similar plansManufacturing · New York
Minerals Technologies Inc. NY$380.2M · 0.04%
Carl Zeiss, Inc. NY$360.6M · 0.01%
Veeco Instruments Inc. NY$317.2M · 0.05%
Toyota Tsusho America, Inc. NY$306.6M · 0.08%
Seneca Foods Corporation NY$297.5M · 0.34%
Steel Services LTD NY$287.4M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 160959303 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.