Plan Ledger DOL Form 5500 · updated monthly

Elliott Aviation, LLC.401(k)

ELLIOTT AVIATION, LLC. EMPLOYEE'S SAVINGS & PROFIT SHARING PLAN · MILAN, IL · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Elliott Aviation, LLC. reported $128,078 in plan administrative expenses for 2024: 0.35% of average plan assets, above the peer median. Employer contributions averaged $2,248 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 0.38% to 0.35%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 1,113th-largest of 3,702 plans among Illinois employers on file, and the 455th of 2,677 in transportation & warehousing. In 2024, employees put in $3.21 for every $1.00 the employer contributed; active participation has shrunk from 371 to 309 since 2022.

Plan summary
Net assets, end of year$39,208,358
Participants with balances402
Active participants309
Employer contributions$694,657
Employee contributions$2,226,981
Employer contribution per active participant$2,248
Average account balance$97,533
Benefits paid to participants$3,729,403
Plan auditUnmodified (clean) audit opinion
AuditorANDERSON, LOWER, WHITLOW, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$39.2M · 402 accts · $695K emplr
2023$34.8M · 431 accts · $785K emplr
2022$30.2M · 488 accts · $791K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$76,630
Investment management$27,439
Total administrative$128,078
The Elliott Aviation, LLC. 401(k) match · 2024
Employer contribution per active participant$2,248
Median for plans this size$2,416
2024$2,248 per active participant
2023$2,581 per active participant
2022$2,131 per active participant

Elliott Aviation, LLC.'s 2024 employer contribution ran below the $2,416 median for plans its size. 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$76,630
MERRILL LYNCH PIERCE FENNER & SMITH · Pension consulting · Investment advisory (plan)$51,448
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$128,078 · 0.35%
2023$125,338 · 0.39%
2022$110,542 · 0.38%
Same employer
Similar plansTransportation & Warehousing · Illinois
Beelman Truck Company IL$45.1M · 0.58%
Redwood Logistics, LLC IL$44.7M · 0.40%
Upstaging, Inc. IL$37.1M · 0.12%
Fcs Industries, Inc. IL$37.0M · 0.14%
Export Packaging Co., Inc. IL$36.0M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363993660 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.