Plan Ledger DOL Form 5500 · updated monthly

Grant Aviation, Inc.401(k)

GRANT AVIATION, INC. 401(K) PROFIT SHARING PLAN · ANCHORAGE, AK · plan year 2024

Reported admin expense ratio · 2024
1.02%

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

Grant Aviation, Inc. reported $22,386 in plan administrative expenses for 2024: 1.02% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,056 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 0.62% to 1.02%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Alaska (147th of 160), and 10,692nd of 11,654 in professional & technical services. In 2024, employees put in $2.25 for every $1.00 the employer contributed; active participation has grown from 286 to 331 since 2022.

Plan summary
Net assets, end of year$2,544,376
Participants with balances125
Active participants331
Employer contributions$349,403
Employee contributions$787,789
Employer contribution per active participant$1,056
Average account balance$20,355
Benefits paid to participants$706,143
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.5M · 125 accts · $349K emplr
2023$1.9M · 153 accts
2022$248K · 53 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,290
Investment management$11,096
Total administrative$22,386
The Grant Aviation, Inc. 401(k) match · 2024
Employer contribution per active participant$1,056
Median for plans this size$1,313

Grant Aviation, Inc.'s 2024 employer contribution ran below 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 · 20242
NWPS, INC · Consulting · Contract administrator$11,290
ALERA INVESTMENT ADVISORS, LLC · Investment advisory (participants) · Investment advisory (plan)$11,096

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$22,386 · 1.02%
2023$4,569 · 0.43%
2022$1,524 · 0.62%
All plans at this employer2
GRANT AVIATION, INC. 401(K) PROFIT SHARING PLAN401(k)
GRANT AVIATION, INC. 401(K) PROFIT SHARING PLAN401(k)
Same employer
Similar plansProfessional & Technical Services · Alaska
Solstenxp Inc. AK$9.8M · 0.34%
Terrasond Limited AK$7.0M · 0.39%
Lenfam Management Company NJ$2.6M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 920041471 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.