Plan Ledger DOL Form 5500 · updated monthly

Lee Aerospace, Inc.401(k)

LEE AEROSPACE, INC. 401(K) PLAN · WICHITA, KS · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Lee Aerospace, Inc. reported $13,352 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,506 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 0.09% to 0.08%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 323rd-largest of 828 plans among Kansas employers on file, and the 6,317th of 13,661 in manufacturing. In 2024, employees put in $1.78 for every $1.00 the employer contributed; active participation has grown from 158 to 181 since 2022.

Plan summary
Net assets, end of year$18,088,389
Participants with balances213
Active participants181
Employer contributions$453,577
Employee contributions$809,045
Employer contribution per active participant$2,506
Average account balance$84,922
Benefits paid to participants$630,889
Plan auditUnmodified (clean) audit opinion
AuditorKOCH SIEDHOFF HAND & DUNN LLP
Plan history3
Yearassets · accounts · employer contribution
2024$18.1M · 213 accts · $454K emplr
2023$14.8M · 199 accts · $412K emplr
2022$11.6M · 178 accts · $344K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,351
Trustee / custodial$1
Total administrative$13,352
The Lee Aerospace, Inc. 401(k) match · 2024
Employer contribution per active participant$2,506
Median for plans this size$2,416
2024$2,506 per active participant
2023$2,440 per active participant
2022$2,174 per active participant

Lee Aerospace, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20241
INTRUST BANK, N.A. · Recordkeeping · Trustee (discretionary)$13,352

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

Recordkeeper by year2
2024INTRUST BANK, N.A.
2023INTRUST BANK, N.A.

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Administrative cost history3
2024$13,352 · 0.08%
2023$12,678 · 0.10%
2022$10,925 · 0.09%
Same employer
Similar plansManufacturing · Kansas
Kejr, Inc. KS$18.9M · 0.18%
Kasa Companies, Inc. KS$18.4M · 0.36%
Uei Group Services, Inc. KS$18.4M · 0.37%
Custom Wood Products, Inc. KS$17.0M · 0.49%
Phenix Label Company, Inc. KS$16.5M · 0.36%
Harlow Aero Group LLC KS$16.1M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 481072049 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.