Plan Ledger DOL Form 5500 · updated monthly

Elevate Aviation Group LLC401(k)

ELEVATE AVIATION GROUP LLC 401(K) PROFIT SHARING PLAN & TRUST · SEABROOK, NH · plan year 2024

Reported admin expense ratio · 2024
0.81%

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

Elevate Aviation Group LLC reported $51,583 in plan administrative expenses for 2024: 0.81% of average plan assets, above the peer median. Employer contributions averaged $4,951 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 1 year on file its reported administrative ratio fell from 0.96% to 0.81%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in New Hampshire (301st of 411), and 1,387th of 2,677 in transportation & warehousing. In 2024, employees put in $1.56 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,069,841
Participants with balances231
Active participants124
Employer contributions$613,909
Employee contributions$960,514
Employer contribution per active participant$4,951
Average account balance$30,605
Benefits paid to participants$961,516
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$7.1M · 231 accts · $614K emplr
2023$5.7M · 236 accts · $680K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,813
Investment management$30,770
Total administrative$51,583
The Elevate Aviation Group LLC 401(k) match · 2024
Employer contribution per active participant$4,951
Median for plans this size$1,313
2024$4,951 per active participant
2023$4,223 per active participant

Elevate Aviation Group LLC's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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
PAYCHEX, INC. · Recordkeeping$14,858
USI SECURITIES INC. · Investment advisory (participants)$16,168
CETERA INVESTMENT ADVISERS LLC · Investment advisory (participants)$14,200
ERISA FIDUCIARY SERVICES, INC. · Contract administrator$5,955

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

Recordkeeper by year2
2024Paychex
2023CETERA ADVISOR NETWORKS, CETERA INVESTMENT ADVISERS LLC, ERISA FIDUCIARY SERVICES, INC., Paychex

This plan has changed recordkeepers within these filings. If you left Elevate Aviation Group LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history2
2024$51,583 · 0.81%
2023$50,111 · 0.96%
Similar plansTransportation & Warehousing · New Hampshire
Law Family Companies NH$16.4M · 0.20%
Ross Express LLC NH$12.4M · 0.19%
Concord Coach Lines, Inc. NH$11.8M · 0.11%
Air General, Inc. NH$10.3M · 0.87%
Elevate Holdings Inc NH$4.7M · 1.10%
Jalbert Leasing, Inc NH$4.4M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 921188000 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.