Plan Ledger DOL Form 5500 · updated monthly

Aviation Systems Engineering Company, Inc.401(k)

AVIATION SYSTEMS ENGINEERING COMPANY, INC. 401K PROFIT SHARING PLAN AND TRUST · LEXINGTON PARK, MD · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Aviation Systems Engineering Company, Inc. reported $169,685 in plan administrative expenses for 2024: 0.23% of average plan assets, higher than ~75% of peers. Employer contributions averaged $5,848 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 3 years on file its reported administrative ratio has held roughly steady near 0.235%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 211th-largest of 1,671 plans among Maryland employers on file, and the 1,816th of 11,654 in professional & technical services. In 2024, employees put in $1.78 for every $1.00 the employer contributed; active participation has grown from 378 to 530 since 2022.

Plan summary
Net assets, end of year$80,457,901
Participants with balances653
Active participants530
Employer contributions$3,099,230
Employee contributions$5,529,028
Employer contribution per active participant$5,848
Average account balance$123,213
Benefits paid to participants$3,406,820
Plan auditUnmodified (clean) audit opinion
AuditorHEIMLANTZ CPAS & ADVISORS, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$80.5M · 653 accts · $3.1M emplr
2023$64.0M · 561 accts · $2.6M emplr
2022$48.4M · 441 accts · $2.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$169,685
Total administrative$169,685
The Aviation Systems Engineering Company, Inc. 401(k) match · 2024
Employer contribution per active participant$5,848
Median for plans this size$3,635
2024$5,848 per active participant
2023$5,251 per active participant
2022$5,883 per active participant

Aviation Systems Engineering Company, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20242
WEALTH ENHANCEMENT ADVISORY SERVICE · Investment advisory (participants)$53,776
HEIMLANTZ CPAS & ADVISORS, LLC · Accounting / audit$27,500

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$169,685 · 0.23%
2023$134,425 · 0.24%
2022$116,702 · 0.23%
All plans at this employer2
AVIATION SYSTEMS ENGINEERING COMPANY, INC. 401K PROFIT SHARING PLAN AND TRUST401(k)
AVIATION SYSTEMS ENGINEERING COMPANY INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansProfessional & Technical Services · Maryland
Inovex Information Systems MD$89.6M · 0.21%
Advarra, Inc. MD$87.0M · 0.13%
Offit Kurman, P.A. MD$86.9M · 0.10%
Macrogenics MD$84.0M · 0.14%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 300241421 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.