NETJETS AVIATION, INC. 401(K) RETIREMENT PLAN · COLUMBUS, OH · plan year 2024
Reported admin expense ratio · 2024
0.07%
Peer grade: B+· admin costs + employer contributions vs same-size plans · how grading works
Netjets Aviation, Inc. reported $1,527,679 in plan administrative expenses for 2024: 0.07% of average plan assets, above the peer median. Employer contributions averaged $23,671 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 0.05% to 0.07%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 25th-largest of 3,295 plans among Ohio employers on file, and the 15th of 2,677 in transportation & warehousing. In 2024, the employer put in $1.19 for every $1.00 employees contributed themselves; active participation has grown from 3,128 to 4,042 since 2022.
Plan summary
Net assets, end of year$2,464,050,640
Participants with balances4,511
Active participants4,042
Employer contributions$95,676,995
Employee contributions$80,642,970
Employer contribution per active participant$23,671
Average account balance$546,232
Benefits paid to participants$172,432,305
Plan auditUnmodified (clean) audit opinion
AuditorGBQ PARTNERS , LLC
Plan history3
Yearassets · accounts · employer contribution
2024$2.5B · 4,511 accts · $95.7M emplr
2023$2.1B · 3,961 accts · $78.3M emplr
2022$1.7B · 3,467 accts · $72.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$169,503
Investment management$1,335,280
Audit (IQPA)$17,500
Total administrative$1,527,679
The Netjets Aviation, Inc. 401(k) match · 2024
Employer contribution per active participant$23,671
Median for plans this size$5,259
2024$23,671 per active participant
2023$22,235 per active participant
2022$23,077 per active participant
Netjets Aviation, Inc.'s 2024 employer contribution ran above the $5,259 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.
Source: U.S. Department of Labor, Form 5500 series, EIN 310682096 ·
Verify on EFAST2 ·
Amounts are as reported by the plan sponsor for the plan year shown.