Plan Ledger DOL Form 5500 · updated monthly

Commercial Jet, Inc.401(k)

COMMERCIAL JET, INC. 401(K) PLAN · MIAMI, FL · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Commercial Jet, Inc. reported $1,525 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $563 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 0.040% to 0.035%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Florida (2,584th of 3,644), and 2,384th of 3,341 in other services. In 2024, employees put in $3.24 for every $1.00 the employer contributed; active participation has shrunk from 252 to 207 since 2022.

Plan summary
Net assets, end of year$4,532,891
Participants with balances105
Active participants207
Employer contributions$116,637
Employee contributions$377,561
Employer contribution per active participant$563
Average account balance$43,170
Benefits paid to participants$469,616
Plan auditUnmodified (clean) audit opinion
AuditorGARCIA, ESPINOSA, MIYARES, RODRIGUE
Plan history3
Yearassets · accounts · employer contribution
2024$4.5M · 105 accts · $117K emplr
2023$4.1M · 103 accts · $129K emplr
2022$3.5M · 105 accts · $124K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,525
Total administrative$1,525
The Commercial Jet, Inc. 401(k) match · 2024
Employer contribution per active participant$563
Median for plans this size$1,313
2024$563 per active participant
2023$509 per active participant
2022$491 per active participant

Commercial Jet, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$1,525

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$1,525 · 0.04%
2023$3,650 · 0.10%
2022$1,475 · 0.04%
Same employer
Similar plansOther Services · Florida
Right Way Plumbing Co. FL$4.5M · 0.66%
Parc, Inc. FL$4.3M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 650096167 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.