Plan Ledger DOL Form 5500 · updated monthly

Enjet Aero, LLC401(k)

ENJET AERO, LLC 401(K) PLAN · OVERLAND PARK, KS · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Enjet Aero, LLC reported $154,988 in plan administrative expenses for 2024: 0.37% of average plan assets, above the peer median. Employer contributions averaged $3,061 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 0.32% to 0.37%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 148th-largest of 828 plans among Kansas employers on file, and the 3,385th of 13,661 in manufacturing. In 2024, employees put in $1.98 for every $1.00 the employer contributed; active participation has grown from 674 to 748 since 2022.

Plan summary
Net assets, end of year$45,114,749
Participants with balances908
Active participants748
Employer contributions$2,289,642
Employee contributions$4,536,506
Employer contribution per active participant$3,061
Average account balance$49,686
Benefits paid to participants$6,638,128
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$45.1M · 908 accts · $2.3M emplr
2023$38.0M · 855 accts · $2.2M emplr
2022$28.9M · 816 accts · $2.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,198
Investment management$123,790
Total administrative$154,988
The Enjet Aero, LLC 401(k) match · 2024
Employer contribution per active participant$3,061
Median for plans this size$2,416
2024$3,061 per active participant
2023$3,109 per active participant
2022$2,920 per active participant

Enjet Aero, LLC's 2024 employer contribution ran above 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
MARINER WEALTH ADVISORS, LLC · Recordkeeping · Trustee$123,790
ADP, INC. · Loan processing · Recordkeeping$31,197
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP, MARINER WEALTH ADVISORS, LLC
2023ADP, MARINER WEALTH ADVISORS, LLC

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Administrative cost history3
2024$154,988 · 0.37%
2023$117,177 · 0.35%
2022$88,697 · 0.32%
Similar plansManufacturing · Kansas
Cst Industries, Inc. KS$48.1M · 0.54%
Fairbanks Scales Inc. KS$41.9M · 0.22%
Webco Group Holdings, Inc. KS$41.2M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043425875 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.