Plan Ledger DOL Form 5500 · updated monthly

Avantus Aerospace, Inc.401(k)

AVANTUS AEROSPACE, INC. 401(K) PLAN · SANTA CLARITA, CA · plan year 2024

Reported admin expense ratio · 2024
0.71%

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

Avantus Aerospace, Inc. reported $94,379 in plan administrative expenses for 2024: 0.71% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,020 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 0.90% to 0.71%. 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 4,558th-largest of 9,483 plans among California employers on file, and 7,363rd of 13,661 in manufacturing. In 2024, employees put in $2.35 for every $1.00 the employer contributed; active participation has grown from 347 to 466 since 2022.

Plan summary
Net assets, end of year$14,075,532
Participants with balances291
Active participants466
Employer contributions$475,113
Employee contributions$1,115,835
Employer contribution per active participant$1,020
Average account balance$48,370
Benefits paid to participants$1,991,791
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.1M · 291 accts · $475K emplr
2023$12.6M · 242 accts · $330K emplr
2022$10.8M · 258 accts · $374K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,536
Investment management$50,182
Total administrative$94,379
The Avantus Aerospace, Inc. 401(k) match · 2024
Employer contribution per active participant$1,020
Median for plans this size$2,416
2024$1,020 per active participant
2023$930 per active participant
2022$1,078 per active participant

Avantus Aerospace, Inc.'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 · 20244
FIDELITY INVESTMENTS INST. · Investment advisory (plan)$46,229
FIDELITY INVESTMENTS INST. · Loan processing$22,537
ACTUARIAL BENEFITS CORP · Other services$21,661
STRATEGIC ADVISORS · Investment advisory (plan)$3,884

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$94,379 · 0.71%
2023$82,416 · 0.71%
2022$91,152 · 0.90%
Similar plansManufacturing · California
Prestige Mold Incorporated CA$14.2M · 0.01%
Industrial Dynamics Co. LTD CA$14.2M · 0.30%
Navien, Inc. CA$14.1M · 0.03%
Therm-X of California, Inc. CA$14.0M · 0.91%
Capstan, Inc. CA$14.0M · 0.02%
Maintex, Inc. CA$14.0M · 0.26%
Aethercomm, Inc. CA$13.9M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 800795414 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.