Plan Ledger DOL Form 5500 · updated monthly

Hrd Aero Systems, Inc.401(k)

HRD AERO SYSTEMS, INC. 401(K) PLAN · VALENCIA, CA · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Hrd Aero Systems, Inc. reported $65,356 in plan administrative expenses for 2024: 0.44% of average plan assets, above the peer median. Employer contributions averaged $1,104 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 0.50% to 0.44%. 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 4,162nd-largest of 9,483 plans among California employers on file, and the 856th of 2,677 in transportation & warehousing. In 2024, employees put in $3.68 for every $1.00 the employer contributed; active participation has grown from 235 to 267 since 2022.

Plan summary
Net assets, end of year$16,343,822
Participants with balances285
Active participants267
Employer contributions$294,760
Employee contributions$1,086,153
Employer contribution per active participant$1,104
Average account balance$57,347
Benefits paid to participants$930,217
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.3M · 285 accts · $295K emplr
2023$13.6M · 287 accts · $302K emplr
2022$10.4M · 258 accts · $219K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$41,245
Investment management$24,111
Total administrative$65,356
The Hrd Aero Systems, Inc. 401(k) match · 2024
Employer contribution per active participant$1,104
Median for plans this size$2,416
2024$1,104 per active participant
2023$1,206 per active participant
2022$930 per active participant

Hrd Aero Systems, Inc.'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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$41,245
UBS FINANCIAL SERVICES INC. · Investment advisory (plan)$13,904
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$6,370

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$65,356 · 0.44%
2023$55,243 · 0.46%
2022$55,051 · 0.50%
Same employer
Similar plansTransportation & Warehousing · California
Osterkamp Trucking Inc. CA$17.0M · 0.61%
Air New Zealand LTD CA$17.0M · 0.29%
Ancon Marine, Inc. CA$15.9M · 0.93%
Price Transfer, Inc. CA$15.8M · 0.61%
Watchpoint Logistics, Inc. CA$15.1M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 954041900 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.