Plan Ledger DOL Form 5500 · updated monthly

Neptune Aviation Services Inc.401(k)

NEPTUNE AVIATION SAVINGS AND INVESTMENT PLAN · MISSOULA, MT · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Neptune Aviation Services Inc. reported $83,137 in plan administrative expenses for 2024: 0.31% of average plan assets, above the peer median. Employer contributions averaged $4,899 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 0.34% to 0.31%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 51st-largest of 229 plans among Montana employers on file, and the 577th of 2,677 in transportation & warehousing. In 2024, employees put in $2.03 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$28,695,846
Participants with balances267
Active participants202
Employer contributions$989,682
Employee contributions$2,009,264
Employer contribution per active participant$4,899
Average account balance$107,475
Benefits paid to participants$1,267,016
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$28.7M · 267 accts · $990K emplr
2023$24.2M · 278 accts · $909K emplr
2022$20.7M · 251 accts · $760K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,591
Investment management$57,546
Total administrative$83,137
The Neptune Aviation Services Inc. 401(k) match · 2024
Employer contribution per active participant$4,899
Median for plans this size$2,416
2024$4,899 per active participant
2023$4,683 per active participant
2022$3,958 per active participant

Neptune Aviation Services Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20242
DA DAVIDSON & CO · Investment advisory (plan)$57,546

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$83,137 · 0.31%
2023$73,926 · 0.33%
2022$73,953 · 0.34%
Same employer
Similar plansTransportation & Warehousing · Montana
McDonald Transit, Inc TX$28.8M · 0.08%
Kaiserair, Inc. CA$28.6M · 0.19%
Cooper Consolidated, LLC LA$28.5M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 810483816 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.