Plan Ledger DOL Form 5500 · updated monthly

Heligear Acquisition Co dba Northstar Aerospace Ch401(k)

NORTHSTAR AEROSPACE (USA) VOLUNTARY SAVINGS PLAN · BEDFORD PARK, IL · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Heligear Acquisition Co dba Northstar Aerospace Ch reported $123,304 in plan administrative expenses for 2024: 0.24% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,622 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 0.26% to 0.24%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 877th-largest of 3,702 plans among Illinois employers on file, and the 3,031st of 13,661 in manufacturing. In 2024, employees put in $1.89 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$52,832,642
Participants with balances465
Active participants299
Employer contributions$1,082,938
Employee contributions$2,043,735
Employer contribution per active participant$3,622
Average account balance$113,619
Benefits paid to participants$5,799,713
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$52.8M · 465 accts · $1.1M emplr
2023$49.8M · 471 accts · $1.1M emplr
2022$43.9M · 484 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,953
Investment management$113,351
Total administrative$123,304
The Heligear Acquisition Co dba Northstar Aerospace Ch 401(k) match · 2024
Employer contribution per active participant$3,622
Median for plans this size$3,635
2024$3,622 per active participant
2023$3,798 per active participant
2022$3,779 per active participant

Heligear Acquisition Co dba Northstar Aerospace Ch's 2024 employer contribution ran below the $3,635 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
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$99,163
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$14,188

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$123,304 · 0.24%
2023$109,811 · 0.23%
2022$119,766 · 0.26%
Same employer
Similar plansManufacturing · Illinois
Crest Foods Co., Inc. IL$53.9M · 0.01%
D & W Fine Pack LLC IL$53.1M · 0.40%
Heidenhain Corporation IL$53.1M · 0.20%
Fairlife, LLC IL$53.0M · 0.08%
Summus Group LLC IL$52.5M · 0.39%
Certified Power, Inc. IL$52.5M · 0.39%
Carus LLC IL$52.1M · 0.01%
Tempel Steel Company, LLC IL$51.7M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 900867867 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.