Plan Ledger DOL Form 5500 · updated monthly

Hallmark Aviation Services, LP401(k)

HALLMARK AVIATION SERVICES, LP 401(K) PLAN · LOS ANGELES, CA · plan year 2024

Reported admin expense ratio · 2024
0.81%

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

Hallmark Aviation Services, LP reported $161,821 in plan administrative expenses for 2024: 0.81% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,108 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 0.67% to 0.81%. 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 the 3,361st-largest of 9,483 plans among California employers on file, and the 683rd of 2,677 in transportation & warehousing. In 2024, employees put in $2.09 for every $1.00 the employer contributed; active participation has grown from 754 to 1,188 since 2022.

Plan summary
Net assets, end of year$22,294,952
Participants with balances1,364
Active participants1,188
Employer contributions$1,316,719
Employee contributions$2,754,895
Employer contribution per active participant$1,108
Average account balance$16,345
Benefits paid to participants$1,679,479
Plan auditUnmodified (clean) audit opinion
AuditorTHOMPSON GREENSPON
Plan history3
Yearassets · accounts · employer contribution
2024$22.3M · 1,364 accts · $1.3M emplr
2023$17.9M · 1,223 accts · $1.0M emplr
2022$14.9M · 1,159 accts · $792K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$161,821
Total administrative$161,821
The Hallmark Aviation Services, LP 401(k) match · 2024
Employer contribution per active participant$1,108
Median for plans this size$2,416
2024$1,108 per active participant
2023$982 per active participant
2022$1,051 per active participant

Hallmark Aviation Services, LP's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. 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
KESTRA ADVISORY SERVICES LLC · Investment advisory (plan)$56,708
PENTEGRA SERVICES INC · Contract administrator$26,862

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$161,821 · 0.81%
2023$110,825 · 0.68%
2022$100,673 · 0.67%
Same employer
Similar plansTransportation & Warehousing · California
Platform Science, Inc. CA$24.0M · 0.19%
Blower-Dempsay Corporation CA$23.9M · 0.24%
Fns, Inc. CA$23.6M · 0.57%
Asiana Airlines CA$22.1M · 0.30%
Food Express, Inc. CA$21.1M · 0.20%
Sandair Corporation CA$21.1M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 954217627 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.