Plan Ledger DOL Form 5500 · updated monthly

Kaiserair, Inc.401(k)

KAISERAIR, INC. SAVINGS AND PROFIT SHARING PLAN · OAKLAND, CA · plan year 2023

Reported admin expense ratio · 2023
0.19%

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

Kaiserair, Inc. reported $51,625 in plan administrative expenses for 2023: 0.19% of average plan assets, below the peer median. Employer contributions averaged $2,542 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 3 years on file its reported administrative ratio has held roughly steady near 0.18%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 2,789th-largest of 9,483 plans among California employers on file, and the 579th of 2,677 in transportation & warehousing. In 2023, employees put in $2.09 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$28,565,248
Participants with balances225
Active participants152
Employer contributions$386,394
Employee contributions$805,956
Employer contribution per active participant$2,542
Average account balance$126,957
Benefits paid to participants$3,180,712
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$25.8M · 211 accts · $390K emplr
2023$28.6M · 225 accts · $386K emplr
2022$26.4M · 219 accts · $687K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$1,625
Investment management$50,000
Total administrative$51,625
The Kaiserair, Inc. 401(k) match · 2023
Employer contribution per active participant$2,542
Median for plans this size$2,440
2024$2,486 per active participant
2023$2,542 per active participant
2022$4,493 per active participant

Kaiserair, Inc.'s 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$50,000

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$50,000 · 0.18%
2023$51,625 · 0.19%
2022$54,444 · 0.19%
Same employer
Similar plansTransportation & Warehousing · California
Qantas Airways Limited CA$30.7M · 0.31%
Apex Maritime Co., Inc. CA$30.6M · 0.00%
Logisteed America, Inc. CA$29.2M · 0.35%
Matheson Trucking, Inc. CA$28.2M · 1.02%
Corovan Corporation CA$26.0M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 942452675 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.