Plan Ledger DOL Form 5500 · updated monthly

National Aviation Academy of Mississippi, Inc.401(k)

NATIONAL AVIATION ACADEMY 401(K) PLAN · CLEARWATER, FL · plan year 2022

Reported admin expense ratio · 2022
1.14%

National Aviation Academy of Mississippi, Inc. reported $18,053 in plan administrative expenses for 2022: 1.14% of average plan assets, higher than ~90% of peers. 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Florida (3,237th of 3,644), and 2,921st of 3,091 in educational services.

Plan summary
Net assets, end of year$1,483,914
Participants with balances60
Active participants140
Employer contributions—
Employee contributions$218,276
Employer contribution per active participant—
Average account balance$24,732
Benefits paid to participants$155,612
Plan auditUnmodified (clean) audit opinion
AuditorFRSCPA
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$10,407
Investment management$7,646
Total administrative$18,053
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$18,053 · 1.14%
Same employer
Similar plansEducational Services · Florida
Kipp of Jacksonville FL$1.7M · 0.92%
Alexander School, Inc. FL$1.5M · 0.81%
Guadalupe Center, Inc. FL$1.4M · 1.25%
Citrus County Association FL$1.2M · 1.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 640792444 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.