Plan Ledger DOL Form 5500 · updated monthly

Metro Aviation, Inc.401(k)

METRO AVIATION, INC. EMPLOYEES' DEFERRED SAVING AND RETIREMENT PLAN · SHREVEPORT, LA · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Metro Aviation, Inc. reported $424,640 in plan administrative expenses for 2024: 0.30% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,438 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 0.30%. 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 46th-largest of 884 plans among Louisiana employers on file, and the 179th of 2,677 in transportation & warehousing. In 2024, employees put in $2.34 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$151,799,306
Participants with balances1,280
Active participants1,208
Employer contributions$5,360,872
Employee contributions$12,545,854
Employer contribution per active participant$4,438
Average account balance$118,593
Benefits paid to participants$15,868,772
Plan auditUnmodified (clean) audit opinion
AuditorHODGES & WREYFORD LLC
Plan history3
Yearassets · accounts · employer contribution
2024$151.8M · 1,280 accts · $5.4M emplr
2023$129.5M · 1,213 accts · $5.2M emplr
2022$104.5M · 1,150 accts · $4.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$98,201
Investment management$326,439
Total administrative$424,640
The Metro Aviation, Inc. 401(k) match · 2024
Employer contribution per active participant$4,438
Median for plans this size$3,635
2024$4,438 per active participant
2023$4,358 per active participant
2022$4,069 per active participant

Metro Aviation, Inc.'s 2024 employer contribution ran above the $3,635 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
RAYMOND JAMES & ASSOCIATES INC · Investment advisory (plan)$326,439

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$424,640 · 0.30%
2023$339,954 · 0.29%
2022$340,004 · 0.31%
Same employer
Similar plansTransportation & Warehousing · Louisiana
Phi Group, Inc. LA$426.9M · 0.08%
PSC Group LLC LA$219.6M · 0.24%
Loop LLC LA$102.9M · 0.08%
Canal Barge Company, Inc. LA$100.3M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 720931049 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.