Plan Ledger DOL Form 5500 · updated monthly

Atlas Aerospace, LLC401(k)

ATLAS AEROSPACE, LLC 401(K) PLAN · WICHITA, KS · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

Atlas Aerospace, LLC reported $110,375 in plan administrative expenses for 2024: 0.36% of average plan assets, above the peer median. Employer contributions averaged $1,069 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 0.64% to 0.36%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 201st-largest of 828 plans among Kansas employers on file, and the 4,213th of 13,661 in manufacturing. In 2024, employees put in $3.30 for every $1.00 the employer contributed; active participation has grown from 624 to 728 since 2022.

Plan summary
Net assets, end of year$32,727,750
Participants with balances810
Active participants728
Employer contributions$778,285
Employee contributions$2,571,450
Employer contribution per active participant$1,069
Average account balance$40,405
Benefits paid to participants$4,555,513
Plan auditUnmodified (clean) audit opinion
AuditorREGIER CARR & MONROE, LLP, CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$32.7M · 810 accts · $778K emplr
2023$29.3M · 930 accts · $858K emplr
2022$23.7M · 696 accts · $641K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$55,198
Investment management$55,177
Total administrative$110,375
The Atlas Aerospace, LLC 401(k) match · 2024
Employer contribution per active participant$1,069
Median for plans this size$2,416
2024$1,069 per active participant
2023$1,127 per active participant
2022$1,027 per active participant

Atlas Aerospace, 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 · 20243
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$54,198
EMPOWER ADVISORY GROUP, LLC · Investment management$979

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$110,375 · 0.36%
2023$115,638 · 0.44%
2022$161,715 · 0.64%
Same employer
Similar plansManufacturing · Kansas
Metal-Fab, Inc. KS$37.3M · 0.20%
Preco, LLC KS$37.1M · 0.28%
Excel Industries, Inc. KS$35.5M · 0.35%
Great Plains Ventures, Inc. KS$33.3M · 0.40%
Envision Inc. KS$32.6M · 0.53%
Hopkins Manufacturing KS$32.2M · 0.27%
Kice Industries, Inc. KS$31.0M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 203592321 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.