Plan Ledger DOL Form 5500 · updated monthly

Clay Lacy Aviation401(k)

CLAY LACY AVIATION MATCHING 401(K) PLAN · VAN NUYS, CA · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Clay Lacy Aviation reported $151,781 in plan administrative expenses for 2024: 0.22% of average plan assets, above the peer median. Employer contributions averaged $5,360 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 0.23% to 0.22%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 1,233rd-largest of 9,483 plans among California employers on file, and the 289th of 2,677 in transportation & warehousing. In 2024, employees put in $2.08 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$76,672,911
Participants with balances679
Active participants720
Employer contributions$3,859,319
Employee contributions$8,008,159
Employer contribution per active participant$5,360
Average account balance$112,920
Benefits paid to participants$8,762,710
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$76.7M · 679 accts · $3.9M emplr
2023$60.8M · 623 accts · $3.5M emplr
2022$44.6M · 590 accts · $3.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$96,250
Investment management$55,531
Total administrative$151,781
The Clay Lacy Aviation 401(k) match · 2024
Employer contribution per active participant$5,360
Median for plans this size$3,635
2024$5,360 per active participant
2023$4,868 per active participant
2022$4,233 per active participant

Clay Lacy Aviation'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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$96,250
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$32,117
USI ADVISORS INC · Investment advisory (plan)$23,413

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$151,781 · 0.22%
2023$119,166 · 0.23%
2022$107,213 · 0.23%
Same employer
Similar plansTransportation & Warehousing · California
Allen Lund Company, LLC CA$121.7M · 0.11%
Joby Aero, Inc. CA$98.7M · 0.02%
The Pasha Group CA$92.1M · 0.11%
China Airlines, LTD CA$72.7M · 0.09%
Japan Airlines Co., LTD. CA$68.0M · 0.12%
Eva Airways Corp. CA$67.5M · 0.03%
Mainfreight USA Partnership CA$65.4M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952653612 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.