NETJETS INC. 401(K) PLAN · COLUMBUS, OH · plan year 2024
Reported admin expense ratio · 2024
0.05%
Peer grade: A-· admin costs + employer contributions vs same-size plans · how grading works
Netjets Inc. reported $394,806 in plan administrative expenses for 2024: 0.05% of average plan assets, below the peer median. Employer contributions averaged $7,883 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 0.051%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 73rd-largest of 3,295 plans among Ohio employers on file, and the 52nd of 2,677 in transportation & warehousing. In 2024, employees put in $1.91 for every $1.00 the employer contributed; active participation has grown from 2,587 to 3,191 since 2022.
Plan summary
Net assets, end of year$835,572,010
Participants with balances4,102
Active participants3,191
Employer contributions$25,153,864
Employee contributions$48,072,960
Employer contribution per active participant$7,883
Average account balance$203,699
Benefits paid to participants$67,509,548
Plan auditUnmodified (clean) audit opinion
AuditorGBQ PARTNERS,LLC
Plan history3
Yearassets · accounts · employer contribution
2024$835.6M · 4,102 accts · $25.2M emplr
2023$702.5M · 3,787 accts · $23.7M emplr
2022$557.7M · 3,352 accts · $19.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$144,406
Investment management$231,678
Audit (IQPA)$16,000
Total administrative$394,806
The Netjets Inc. 401(k) match · 2024
Employer contribution per active participant$7,883
Median for plans this size$4,294
2024$7,883 per active participant
2023$8,015 per active participant
2022$7,370 per active participant
Netjets Inc.'s 2024 employer contribution ran above the $4,294 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 510383060 ·
Verify on EFAST2 ·
Amounts are as reported by the plan sponsor for the plan year shown.