Plan Ledger DOL Form 5500 · updated monthly

M.S. Aerospace, Inc.401(k)

M. S. AEROSPACE 401(K) PLAN · SYLMAR, CA · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

M.S. Aerospace, Inc. reported $44,697 in plan administrative expenses for 2024: 0.31% of average plan assets, above the peer median. Employer contributions averaged $1,406 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 0.31%. 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 4,356th-largest of 9,483 plans among California employers on file, and 7,031st of 13,661 in manufacturing. In 2024, employees put in $1.73 for every $1.00 the employer contributed; active participation has shrunk from 287 to 217 since 2022.

Plan summary
Net assets, end of year$15,232,192
Participants with balances137
Active participants217
Employer contributions$305,123
Employee contributions$526,410
Employer contribution per active participant$1,406
Average account balance$111,184
Benefits paid to participants$322,414
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.2M · 137 accts · $305K emplr
2023$13.2M · 143 accts · $287K emplr
2022$11.5M · 147 accts · $312K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$44,647
Total administrative$44,697
The M.S. Aerospace, Inc. 401(k) match · 2024
Employer contribution per active participant$1,406
Median for plans this size$2,416
2024$1,406 per active participant
2023$1,341 per active participant
2022$1,088 per active participant

M.S. Aerospace, Inc.'s 2024 employer contribution ran below 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 · 20242
USI ADVISORS,INC.indirect comp

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$44,697 · 0.31%
2023$38,645 · 0.31%
2022$45,406 · 0.33%
Same employer
Similar plansManufacturing · California
Kodiak Sciences Inc CA$15.4M · 0.01%
Yamamoto of Orient, Inc. CA$15.3M · 0.50%
Vian Enterprises Inc CA$15.3M · 0.29%
Veridiam, Inc. CA$15.3M · 0.33%
La Jolla Group, Inc. CA$15.2M · 0.95%
Arteris, Inc. Arteris Ip CA$15.1M · 0.43%
Stellartech Research Corp. CA$15.1M · 0.42%
Calportland Construction CA$15.1M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 954374344 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.