Plan Ledger DOL Form 5500 · updated monthly

Menzie's Aviation (USA), Inc.401(k)

MENZIES AVIATION (USA), INC. 401(K) PLAN · GRAPEVINE, TX · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Menzie's Aviation (USA), Inc. reported $288,940 in plan administrative expenses for 2024: 0.38% of average plan assets, higher than ~90% of peers. Employer contributions averaged $355 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 0.44% to 0.38%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 751st-largest of 5,688 plans among Texas employers on file, and the 276th of 2,677 in transportation & warehousing. In 2024, employees put in $1.84 for every $1.00 the employer contributed; active participation has shrunk from 13,237 to 10,235 since 2022.

Plan summary
Net assets, end of year$81,754,595
Participants with balances2,085
Active participants10,235
Employer contributions$3,635,577
Employee contributions$6,677,792
Employer contribution per active participant$355
Average account balance$39,211
Benefits paid to participants$7,525,725
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$81.8M · 2,085 accts · $3.6M emplr
2023$69.7M · 1,726 accts · $2.9M emplr
2022$59.9M · 1,633 accts · $2.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$178,684
Investment management$110,256
Total administrative$288,940
The Menzie's Aviation (USA), Inc. 401(k) match · 2024
Employer contribution per active participant$355
Median for plans this size$3,635
2024$355 per active participant
2023$504 per active participant
2022$199 per active participant

Menzie's Aviation (USA), Inc.'s 2024 employer contribution ran below the $3,635 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 · 20244
MERRILL LYNCH PIERCE FENNER & SMITH · Investment advisory (plan)$101,891
NOVA 401(K) ASSOCIATES · Contract administrator$61,120
EMPOWER ADVISORY GROUP LLC · Investment management$8,365

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$288,940 · 0.38%
2023$133,290 · 0.21%
2022$286,185 · 0.44%
Same employer
Similar plansTransportation & Warehousing · Texas
Tntx, LLC TX$97.7M · 0.21%
Tidewater Inc. TX$77.6M · 0.05%
Pearce Industries, Inc. TX$73.1M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231707864 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.