Plan Ledger DOL Form 5500 · updated monthly

Flight Check, LLC401(k)

FLIGHT CHECK 401(K) PLAN · BENSENVILLE, IL · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Flight Check, LLC reported $7,750 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,284 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 0.08% to 0.07%. 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 among the smaller plans on file in Illinois (2,157th of 3,702), and the 998th of 2,677 in transportation & warehousing. In 2024, employees put in $1.76 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,661,931
Participants with balances352
Active participants266
Employer contributions$607,501
Employee contributions$1,066,207
Employer contribution per active participant$2,284
Average account balance$35,971
Benefits paid to participants$1,095,834
Plan auditUnmodified (clean) audit opinion
AuditorCASSELL PLAN AUDITS, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$12.7M · 352 accts · $608K emplr
2023$10.6M · 345 accts · $554K emplr
2022$8.4M · 378 accts · $469K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,750
Total administrative$7,750
The Flight Check, LLC 401(k) match · 2024
Employer contribution per active participant$2,284
Median for plans this size$2,416
2024$2,284 per active participant
2023$2,156 per active participant
2022$1,804 per active participant

Flight Check, 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 · 20241
SCP RETIREMENT SERVICES LLC · Other servicesindirect 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$7,750 · 0.07%
2023$9,200 · 0.10%
2022$6,700 · 0.08%
Similar plansTransportation & Warehousing · Illinois
Hercules Forwarding, Inc. IL$14.1M · 0.03%
C & K Holdings, LLC IL$13.9M · 0.39%
Rohlig USA, LLC IL$12.3M · 0.46%
Helicopters, Inc. IL$11.9M · 0.32%
Nu-Way Logistics, Inc. IL$11.2M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364569600 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.