Plan Ledger DOL Form 5500 · updated monthly

Gama Aviation (Engineering) Inc.401(k)

JET EAST GAMA 401(K) PLAN · FT. LAUDERDALE, FL · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Gama Aviation (Engineering) Inc. reported $111,688 in plan administrative expenses for 2024: 0.37% of average plan assets, above the peer median. Employer contributions averaged $2,730 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 0.44% to 0.37%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 740th-largest of 3,644 plans among Florida employers on file, and the 3,788th of 11,654 in professional & technical services. In 2024, employees put in $2.03 for every $1.00 the employer contributed; active participation has grown from 609 to 823 since 2022.

Plan summary
Net assets, end of year$33,957,875
Participants with balances705
Active participants823
Employer contributions$2,246,931
Employee contributions$4,563,791
Employer contribution per active participant$2,730
Average account balance$48,167
Benefits paid to participants$3,932,565
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$34.0M · 705 accts · $2.2M emplr
2023$26.7M · 653 accts · $1.8M emplr
2022$18.2M · 461 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$111,688
Total administrative$111,688
The Gama Aviation (Engineering) Inc. 401(k) match · 2024
Employer contribution per active participant$2,730
Median for plans this size$2,416
2024$2,730 per active participant
2023$2,429 per active participant
2022$2,383 per active participant

Gama Aviation (Engineering) Inc.'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
THE VANGUARD GROUP, INC. · Recordkeeping$74,765
MORGAN STANLEY GLOBAL · Investment advisory (participants) · Investment advisory (plan)$52,358
RED BANK PENSION SERVICES, INC. · Loan processing$8,900

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$111,688 · 0.37%
2023$110,403 · 0.49%
2022$80,516 · 0.44%
Same employer
Similar plansProfessional & Technical Services · Florida
Ball Janik LLP FL$36.6M · 0.00%
Agilis Group, Inc. FL$35.2M · 0.07%
Smtc Corporation FL$33.7M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 460902208 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.