Plan Ledger DOL Form 5500 · updated monthly

Mainline Aviation LLC401(k)

MAINLINE AVIATION 401(K) PLAN · MARIETTA, GA · plan year 2024

Reported admin expense ratio · 2024
1.54%

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

Mainline Aviation LLC reported $39,918 in plan administrative expenses for 2024: 1.54% of average plan assets, higher than ~90% of peers. Employer contributions averaged $215 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 rose from 1.15% to 1.54%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Georgia (1,823rd of 2,160), and 1,189th of 2,240 in accommodation & food services. In 2024, employees put in $2.86 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,056,617
Participants with balances243
Active participants1,318
Employer contributions$283,387
Employee contributions$810,396
Employer contribution per active participant$215
Average account balance$12,579
Benefits paid to participants$467,310
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.1M · 243 accts · $283K emplr
2023$2.1M · 229 accts · $279K emplr
2022$1.0M · 211 accts · $259K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,018
Investment management$13,867
Total administrative$39,918
The Mainline Aviation LLC 401(k) match · 2024
Employer contribution per active participant$215
Median for plans this size$1,313
2024$215 per active participant
2023$213 per active participant
2022$214 per active participant

Mainline Aviation LLC's 2024 employer contribution ran below the $1,313 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 · 20245
ADMIN. GROUP, LLC DBA TAG RESOURCES · Recordkeeping · Loan processing$16,037
TRANSAMERICA FIN. LIFE INS. COMPANY · Recordkeeping · Loan processing$9,981
GALLAGHER FIDUCIARY ADVISORS LLC · Investment advisory (plan)$8,332
RAYMOND JAMES & ASSOCIATES INC. · Investment advisory (plan)$5,535

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

Recordkeeper by year2
2024ADMIN. GROUP, LLC DBA TAG RESOURCES, Transamerica
2023ADMIN. GROUP, LLC DBA TAG RESOURCES, Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$39,918 · 1.54%
2023$26,116 · 1.64%
2022$12,056 · 1.15%
Similar plansAccommodation & Food Services · Georgia
Fado Pubs, Inc GA$3.3M · 0.61%
Park Springs, LLC GA$3.1M · 0.64%
Sterling Restaurants, LLC GA$2.8M · 1.63%
Krystal Restaurants LLC GA$2.8M · 1.77%
Bold American Food, LLC GA$2.2M · 0.48%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 832466726 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.