Plan Ledger DOL Form 5500 · updated monthly

First Class Air Support Inc401(k)

TPC QUALIFIED PLANS LLC RETIREMENT SAVINGS PLAN · LOUISVILLE, KY · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

First Class Air Support Inc reported $23,511 in plan administrative expenses for 2024: 0.49% of average plan assets, below the peer median. Employer contributions averaged $1,899 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.

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 Kentucky (606th of 871), and 1,508th of 2,677 in transportation & warehousing. In 2024, employees put in $1.19 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,980,938
Participants with balances150
Active participants244
Employer contributions$463,251
Employee contributions$550,176
Employer contribution per active participant$1,899
Average account balance$39,873
Benefits paid to participants$443,775
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,843
Investment management$13,668
Total administrative$23,511
The First Class Air Support Inc 401(k) match · 2024
Employer contribution per active participant$1,899
Median for plans this size$1,313

First Class Air Support Inc's 2024 employer contribution ran above the $1,313 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 · 20241
TPC QUALIFIED PLANS LLC · Recordkeeping · Consultingindirect comp

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

Administrative cost history1
2024$23,511 · 0.49%
Similar plansTransportation & Warehousing · Kentucky
M & M Cartage, Inc. KY$10.4M · 0.80%
Usher Transport, Inc. KY$7.6M · 0.68%
Valiant Management, LLC KY$4.9M · 0.10%
Bray Trucking, Inc. KY$4.8M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 611381095 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.