Bemidji Aviation Services Inc.ESOP
BEMIDJI AVIATION SERVICES, INC. ESOP. · BEMIDJI, MN · plan year 2023
Peer grade: A · admin costs + employer contributions vs same-size plans · how grading works
Bemidji Aviation Services Inc. reported $2,365 in plan administrative expenses for 2023: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,635 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 has held roughly steady near 0.023%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Minnesota (1,235th of 1,918), and the 1,087th of 2,677 in transportation & warehousing. active participation has shrunk from 75 to 61 since 2022.
Bemidji Aviation Services Inc.'s 2023 employer contribution ran above the $2,440 median for plans its size, placing it in the top 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.
Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 410842176 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.