Plan Ledger DOL Form 5500 · updated monthly

Eastern Aero Marine Inc.401(k)

EASTERN AERO MARINE INC. 401(K) PROFIT SHARING · MIAMI, FL · plan year 2021

Reported admin expense ratio · 2021
0.03%

Eastern Aero Marine Inc. reported $475 in plan administrative expenses for 2021: 0.03% of average plan assets, lower than ~75% of peers. 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 1 year on file its reported administrative ratio rose from 0.03% to 0.06%. The plan sits in the $1M–$10M size bracket, benchmarked here against 289 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Florida (3,223rd of 3,644), and 13,042nd of 13,661 in manufacturing.

Plan summary
Net assets, end of year$1,526,153
Participants with balances45
Active participants228
Employer contributions—
Employee contributions$35,995
Employer contribution per active participant—
Average account balance$33,915
Benefits paid to participants$83,339
Plan auditUnmodified (clean) audit opinion
AuditorGERSON PRESTON KLEIN LIPS EISENBERG
Plan history2
Yearassets · accounts · employer contribution
2022$1.3M · 45 accts
2021$1.5M · 45 accts
Administrative expenses, itemized · 2021
Audit (IQPA)$475
Total administrative$475
What these fees cost you

Annual cost at the plan's reported 2021 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2022$895 · 0.06%
2021$475 · 0.03%
Same employer
Similar plansManufacturing · Florida
Fracture Inc. FL$1.6M · 0.42%
Quality Enclosures, Inc. FL$1.6M · 0.86%
Bel USA FL$1.5M · 2.05%
The Florida Brewery, Inc. FL$1.4M · 1.15%
Precon Corporation FL$1.4M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 591173286 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.