Plan Ledger DOL Form 5500 · updated monthly

Neill Aircraft Co.401(k)

NEILL AIRCRAFT CO. 401(K) PLAN · LONG BEACH, CA · plan year 2023

Reported admin expense ratio · 2023
0.51%

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

Neill Aircraft Co. reported $24,568 in plan administrative expenses for 2023: 0.51% of average plan assets, above the peer median. Employer contributions averaged $0 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 0.53% to 0.85%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in California (6,951st of 9,483), and 11,123rd of 13,661 in manufacturing. active participation has grown from 182 to 208 since 2022.

Plan summary
Net assets, end of year$5,157,964
Participants with balances122
Active participants208
Employer contributions$0
Employee contributions$213,048
Employer contribution per active participant$0
Average account balance$42,278
Benefits paid to participants$175,382
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.9M · 125 accts
2023$5.2M · 122 accts
2022$4.4M · 125 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$24,568
Total administrative$24,568
The Neill Aircraft Co. 401(k) match · 2023
Employer contribution per active participant$0
Median for plans this size$1,308

Neill Aircraft Co.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$22,373
HICKS PENSION SERVICES - SLO · Recordkeeping · Loan processing$2,143

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

Recordkeeper by year2
2024HICKS PENSION SERVICES - SLO, Transamerica
2023HICKS PENSION SERVICES - SLO, Transamerica

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

Administrative cost history3
2024$42,851 · 0.85%
2023$24,568 · 0.51%
2022$26,646 · 0.53%
Same employer
Similar plansManufacturing · California
Three Sons, Inc. CA$5.2M · 0.05%
Fior Di Sole, LLC CA$5.2M · 0.79%
Veg Fresh Farms LLC CA$5.2M · 0.10%
Raj Manufacturing, LLC CA$5.1M · 0.75%
Vinyl Technology Inc. CA$5.1M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952399534 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.