Plan Ledger DOL Form 5500 · updated monthly

Duncan Aviation, Inc.401(k)

DUNCAN AVIATION, INC. 401(K) RETIREMENT PLAN · LINCOLN, NE · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Duncan Aviation, Inc. reported $444,545 in plan administrative expenses for 2024: 0.11% of average plan assets, above the peer median. Employer contributions averaged $2,293 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 0.12% to 0.11%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other other services employers. By assets it is the 21st-largest of 565 plans among Nebraska employers on file, and the 31st of 3,341 in other services. In 2024, employees put in $3.31 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$446,074,305
Participants with balances3,484
Active participants2,985
Employer contributions$6,843,348
Employee contributions$22,684,461
Employer contribution per active participant$2,293
Average account balance$128,035
Benefits paid to participants$34,575,920
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$446.1M · 3,484 accts · $6.8M emplr
2023$388.8M · 651 accts · $7.1M emplr
2022$320.3M · 3,360 accts · $5.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$317,644
Investment management$110,601
Audit (IQPA)$16,300
Total administrative$444,545
The Duncan Aviation, Inc. 401(k) match · 2024
Employer contribution per active participant$2,293
Median for plans this size$4,294
2024$2,293 per active participant
2023$2,438 per active participant
2022$1,921 per active participant

Duncan Aviation, Inc.'s 2024 employer contribution ran below the $4,294 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
JOHN HANCOCK · Recordkeeping · Loan processing$338,245
DA DAVIDSON · Investment advisory (plan)$90,000
FORVIS LLP · Accounting / audit$16,300

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$444,545 · 0.11%
2023$496,177 · 0.14%
2022$448,204 · 0.12%
Same employer
Similar plansOther Services · Nebraska
Corecivic of Tennessee, LLC TN$507.7M · 0.19%
The Pew Charitable Trusts PA$428.2M · 0.03%
Vgm Group Inc IA$414.4M
Jump Operations, LLC IL$405.1M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470461109 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.