Plan Ledger DOL Form 5500 · updated monthly

C & L Aerospace Holdings LLC401(k)

C&L AVIATION SERVICES 401(K) PROFIT SHARING PLAN & TRUST · BANGOR, ME · plan year 2024

Reported admin expense ratio · 2024
0.82%

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

C & L Aerospace Holdings LLC reported $34,457 in plan administrative expenses for 2024: 0.82% of average plan assets, above the peer median. Employer contributions averaged $1,317 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 0.90% to 0.82%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Maine (290th of 354), and 1,713th of 2,677 in transportation & warehousing. In 2024, employees put in $2.29 for every $1.00 the employer contributed; active participation has shrunk from 208 to 142 since 2022.

Plan summary
Net assets, end of year$4,515,056
Participants with balances191
Active participants142
Employer contributions$187,021
Employee contributions$428,459
Employer contribution per active participant$1,317
Average account balance$23,639
Benefits paid to participants$510,534
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.5M · 191 accts · $187K emplr
2023$3.8M · 124 accts · $403K emplr
2022$2.3M · 143 accts · $67K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,918
Investment management$9,579
Trustee / custodial$960
Total administrative$34,457
The C & L Aerospace Holdings LLC 401(k) match · 2024
Employer contribution per active participant$1,317
Median for plans this size$1,313
2024$1,317 per active participant
2023$2,651 per active participant
2022$322 per active participant

C & L Aerospace Holdings LLC's 2024 employer contribution ran above the $1,313 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
PAYCHEX, INC. · Recordkeeping$20,356
MERRILL LYNCH, PIERCE, FENNER · Investment advisory (plan)$9,579

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

Recordkeeper by year2
2024Paychex
2023Bank of America / Merrill, Paychex

This plan has changed recordkeepers within these filings. If you left C & L Aerospace Holdings LLC 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$34,457 · 0.82%
2023$28,923 · 0.95%
2022$20,501 · 0.90%
Same employer
Similar plansTransportation & Warehousing · Maine
H.O. Bouchard, Inc. ME$10.2M · 0.57%
Nepw Logistics Inc. ME$6.7M · 0.71%
Hamilton Marine, Inc. ME$5.0M · 0.06%
Maine Aviation Corp. ME$3.8M · 0.49%
Kennebec Lumber Company ME$3.1M · 0.78%

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Source: U.S. Department of Labor, Form 5500 series, EIN 272237589 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.