Plan Ledger DOL Form 5500 · updated monthly

MD Helicopters, LLC401(k)

MD HELICOPTERS, LLC. VOLUNTARY INVESTMENT PLAN · MESA, AZ · plan year 2023

Reported admin expense ratio · 2023
0.14%

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

MD Helicopters, LLC reported $34,009 in plan administrative expenses for 2023: 0.14% of average plan assets, below the peer median. Employer contributions averaged $1,989 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 0.13% to 0.14%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 301st-largest of 1,285 plans among Arizona employers on file, and the 4,868th of 13,661 in manufacturing. In 2023, employees put in $2.32 for every $1.00 the employer contributed; active participation has grown from 263 to 321 since 2022.

Plan summary
Net assets, end of year$27,000,293
Participants with balances306
Active participants321
Employer contributions$638,381
Employee contributions$1,483,440
Employer contribution per active participant$1,989
Average account balance$88,236
Benefits paid to participants$2,535,233
Plan auditUnmodified (clean) audit opinion
AuditorVASQUEZ AND COMPANY, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$25.9M · 267 accts · $610K emplr
2023$27.0M · 306 accts · $638K emplr
2022$23.1M · 298 accts · $575K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$34,009
Total administrative$34,009
The MD Helicopters, LLC 401(k) match · 2023
Employer contribution per active participant$1,989
Median for plans this size$2,440
2024$3,230 per active participant
2023$1,989 per active participant
2022$2,185 per active participant

MD Helicopters, LLC's 2023 employer contribution ran below 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 · 20231
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$34,009

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$35,774 · 0.14%
2023$34,009 · 0.14%
2022$34,087 · 0.13%
Same employer
Similar plansManufacturing · Arizona
Ascent Lifting, Inc. AZ$32.9M · 0.13%
Amtech Systems, Inc. AZ$31.0M · 0.20%
Isola USA Corp. AZ$27.6M · 0.23%
Certex USA, LLC AZ$24.8M · 0.01%
Foam Fabricators, Inc. AZ$24.0M · 0.39%
Cassavant Machining, Inc. AZ$22.5M · 0.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 882943609 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.