Plan Ledger DOL Form 5500 · updated monthly

Daher Aircraft, Inc.401(k)

DAHER AIRCRAFT, INC. 401(K) PLAN · POMPANO BEACH, FL · plan year 2024

Reported admin expense ratio · 2024
0.67%

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

Daher Aircraft, Inc. reported $96,052 in plan administrative expenses for 2024: 0.67% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,196 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 0.67%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,272nd-largest of 3,644 plans among Florida employers on file, and 2,190th of 4,246 in wholesale trade. In 2024, employees put in $2.48 for every $1.00 the employer contributed; active participation has grown from 500 to 934 since 2022.

Plan summary
Net assets, end of year$16,741,118
Participants with balances567
Active participants934
Employer contributions$1,117,455
Employee contributions$2,768,480
Employer contribution per active participant$1,196
Average account balance$29,526
Benefits paid to participants$1,574,363
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.7M · 567 accts · $1.1M emplr
2023$12.0M · 454 accts · $875K emplr
2022$7.1M · 243 accts · $434K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$96,052
Total administrative$96,052
The Daher Aircraft, Inc. 401(k) match · 2024
Employer contribution per active participant$1,196
Median for plans this size$2,416
2024$1,196 per active participant
2023$958 per active participant
2022$868 per active participant

Daher Aircraft, 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 · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$75,792
PROFESSIONAL BENEFIT SERVICES, INC · Contract administrator · Other services$20,260
CREATIVE PLANNING, INC. · Investment advisory (plan)indirect comp
CREATIVE PLANNING, LLC · 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$96,052 · 0.67%
2023$13,391 · 0.14%
2022$6,027 · 0.08%
Similar plansWholesale Trade · Florida
Electrosonic Inc FL$18.1M · 0.21%
Nipro Medical Corporation FL$17.5M · 0.19%
American Gift Corporation FL$16.6M · 0.00%
Jci Jones Chemicals, Inc. FL$16.1M · 0.90%

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Source: U.S. Department of Labor, Form 5500 series, EIN 132898620 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.