Plan Ledger DOL Form 5500 · updated monthly

Avfuel Corporation401(k)

AVFUEL CORPORATION 401K SAVINGS PLAN · ANN ARBOR, MI · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Avfuel Corporation reported $108,366 in plan administrative expenses for 2024: 0.31% of average plan assets, above the peer median. Employer contributions averaged $1,009 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 0.31%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 659th-largest of 2,619 plans among Michigan employers on file, and the 1,110th of 4,246 in wholesale trade. In 2024, employees put in $2.24 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$36,995,728
Participants with balances407
Active participants957
Employer contributions$965,455
Employee contributions$2,166,635
Employer contribution per active participant$1,009
Average account balance$90,899
Benefits paid to participants$3,406,249
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$37.0M · 407 accts · $965K emplr
2023$33.4M · 381 accts · $891K emplr
2022$28.0M · 373 accts · $781K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$85,093
Investment management$23,273
Total administrative$108,366
The Avfuel Corporation 401(k) match · 2024
Employer contribution per active participant$1,009
Median for plans this size$2,416
2024$1,009 per active participant
2023$1,005 per active participant
2022$856 per active participant

Avfuel Corporation'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
PRUDENTIAL RETIREMENT INSURANCE AND · Recordkeeping · Loan processing$26,159
JOHN HANCOCK USA · Recordkeeping · Loan processing$11,698
UBS FINANCIAL SERVICES, INC. · Investment advisory (plan)$23,225

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

Recordkeeper by year2
2024John Hancock, Prudential
2023Prudential

This plan has changed recordkeepers within these filings. If you left Avfuel Corporation before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$108,366 · 0.31%
2023$167,099 · 0.54%
2022$195,708 · 0.64%
Same employer
Similar plansWholesale Trade · Michigan
V.E.C (USA), Inc. MI$40.4M · 0.21%
Denso Ten America Limited MI$39.6M · 0.30%
Barnum Acquisition, LLC MI$38.4M · 0.19%
Morrison Industries, Inc. MI$35.6M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382073252 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.