Plan Ledger DOL Form 5500 · updated monthly

Icon Aircraft, Inc.401(k)

ICON AIRCRAFT, INC. 401(K) PLAN · VACAVILLE, CA · plan year 2023

Reported admin expense ratio · 2023
0.54%

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

Icon Aircraft, Inc. reported $19,878 in plan administrative expenses for 2023: 0.54% of average plan assets, above the peer median. Employer contributions averaged $0 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 1 year on file its reported administrative ratio rose from 0.06% to 0.54%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in California (7,446th of 9,483), and 11,812th of 13,661 in manufacturing.

Plan summary
Net assets, end of year$3,857,783
Participants with balances95
Active participants57
Employer contributions$0
Employee contributions$460,586
Employer contribution per active participant$0
Average account balance$40,608
Benefits paid to participants$653,542
Plan auditUnmodified (clean) audit opinion
AuditorAUDIT AND TAX SOLUTION CPAS, INC.
Plan history2
Yearassets · accounts · employer contribution
2023$3.9M · 95 accts
2022$3.5M · 108 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$11,470
Investment management$8,408
Total administrative$19,878
The Icon Aircraft, Inc. 401(k) match · 2023
Employer contribution per active participant$0
Median for plans this size$1,308

Icon Aircraft, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$11,470
SILICON VALLEY RETIREMENT SERVICES · Investment advisory (plan)$8,408

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

Administrative cost history2
2023$19,878 · 0.54%
2022$2,573 · 0.06%
Similar plansManufacturing · California
Synergeyes Inc CA$3.9M · 0.83%
Air Fayre Ca Inc. CA$3.9M · 0.02%
Fds Manufacturing Company CA$3.8M · 0.06%
A.M. Cabinets, Inc. CA$3.8M · 0.77%
Br Printers, Inc. CA$3.8M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 205147443 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.