Plan Ledger DOL Form 5500 · updated monthly

Butler America Aerospace LLC401(k)

BUTLER AMERICA AEROSPACE LLC 401(K) PLAN · SHELTON, CT · plan year 2024

Reported admin expense ratio · 2024
1.16%

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

Butler America Aerospace LLC reported $131,396 in plan administrative expenses for 2024: 1.16% of average plan assets, higher than ~90% of peers. Employer contributions averaged $0 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 1.37% to 1.16%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Connecticut (709th of 1,106), and 7,453rd of 11,654 in professional & technical services. In 2024, employees put in $1851379.00 for every $1.00 the employer contributed; active participation has shrunk from 404 to 318 since 2022.

Plan summary
Net assets, end of year$11,780,623
Participants with balances610
Active participants318
Employer contributions$1
Employee contributions$1,851,379
Employer contribution per active participant$0
Average account balance$19,312
Benefits paid to participants$2,387,918
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.8M · 610 accts · $1 emplr
2023$10.9M · 695 accts · $186K emplr
2022$8.7M · 643 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$82,849
Investment management$48,547
Total administrative$131,396
The Butler America Aerospace LLC 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416
2024$0 per active participant
2023$492 per active participant

Butler America Aerospace LLC'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 · 20243
ASCENSUS LLC · Loan processing · Recordkeeping$82,849
PLAN MEMBER SECURITIES CORP · Investment advisory (plan)$32,586
MMA SECURITIES, LLC · Investment advisory (plan)$15,962

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$131,396 · 1.16%
2023$116,723 · 1.19%
2022$129,203 · 1.37%
Same employer
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Cogstate, Inc. CT$11.9M · 0.41%
Carter Mario P.C. CT$11.9M · 0.35%
Media Storm LLC CT$11.2M · 0.53%
Sssh 3, Inc CT$11.2M · 0.38%
Goodroot, LLC CT$10.2M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 371831396 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.