Plan Ledger DOL Form 5500 · updated monthly

Breeze Aviation Group, Inc401(k)

BREEZE AVIATION GROUP 401(K) PLAN · SALT LAKE CITY, UT · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Breeze Aviation Group, Inc reported $135,479 in plan administrative expenses for 2024: 0.44% of average plan assets, above the peer median. Employer contributions averaged $3,068 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 rose from 0.34% to 0.44%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 167th-largest of 848 plans among Utah employers on file, and the 440th of 2,677 in transportation & warehousing. In 2024, employees put in $1.40 for every $1.00 the employer contributed; active participation has grown from 875 to 2,061 since 2022.

Plan summary
Net assets, end of year$40,658,585
Participants with balances1,166
Active participants2,061
Employer contributions$6,322,155
Employee contributions$8,882,155
Employer contribution per active participant$3,068
Average account balance$34,870
Benefits paid to participants$2,397,494
Plan auditUnmodified (clean) audit opinion
AuditorTANNER LLC
Plan history3
Yearassets · accounts · employer contribution
2024$40.7M · 1,166 accts · $6.3M emplr
2023$20.4M · 777 accts · $3.1M emplr
2022$8.6M · 557 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$72,000
Investment management$63,479
Total administrative$135,479
The Breeze Aviation Group, Inc 401(k) match · 2024
Employer contribution per active participant$3,068
Median for plans this size$2,416
2024$3,068 per active participant
2023$2,064 per active participant
2022$2,000 per active participant

Breeze Aviation Group, Inc's 2024 employer contribution ran above the $2,416 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 · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$72,000
MMA SECURITIES LLC · Investment advisory (plan)$63,479
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$135,479 · 0.44%
2023$75,968 · 0.52%
2022$20,686 · 0.34%
Same employer
Similar plansTransportation & Warehousing · Utah
Skywest, Inc. UT$1.7B · 0.06%
Oocl USA Inc. UT$164.2M · 0.02%
C.R. England, Inc. UT$120.8M · 0.20%
Barney Trucking, Inc. UT$18.3M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 822644964 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.