Plan Ledger DOL Form 5500 · updated monthly

Cpi Aerostructures, Inc.401(k)

CPI AEROSTRUCTURES 401(K) PLAN · EDGEWOOD, NY · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Cpi Aerostructures, Inc. reported $97,161 in plan administrative expenses for 2024: 0.43% of average plan assets, above the peer median. Employer contributions averaged $1,048 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 0.08% to 0.43%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 2,317th-largest of 5,648 plans among New York employers on file, and the 5,429th of 13,661 in manufacturing. In 2024, employees put in $5.25 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$22,908,977
Participants with balances264
Active participants215
Employer contributions$225,240
Employee contributions$1,182,076
Employer contribution per active participant$1,048
Average account balance$86,776
Benefits paid to participants$3,824,695
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$22.9M · 264 accts · $225K emplr
2023$22.4M · 268 accts · $301K emplr
2022$19.6M · 285 accts · $307K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$59,405
Investment management$37,756
Total administrative$97,161
The Cpi Aerostructures, Inc. 401(k) match · 2024
Employer contribution per active participant$1,048
Median for plans this size$2,416
2024$1,048 per active participant
2023$1,441 per active participant
2022$1,441 per active participant

Cpi Aerostructures, Inc.'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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$59,405
MORGAN STANLEY SMITH BARNEY LLC · Investment advisory (plan)$36,745
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)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$97,161 · 0.43%
2023$80,951 · 0.39%
2022$17,558 · 0.08%
Same employer
Similar plansManufacturing · New York
Unilock New York, Inc. NY$23.6M · 0.13%
Sefar Inc. NY$23.5M · 0.04%
Voyetra Turtle Beach, Inc. NY$23.4M · 0.14%
Vie de France Yamazaki Inc NY$23.2M · 0.39%
Hudson Scenic Studio, Inc. NY$22.5M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 112520310 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.