Plan Ledger DOL Form 5500 · updated monthly

Orizon Aerostructures, LLC401(k)

ORIZON AEROSTRUCTURE, LLC 401(K) PLAN · KANSAS CITY, MO · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Orizon Aerostructures, LLC reported $32,793 in plan administrative expenses for 2024: 0.18% of average plan assets, below the peer median. Employer contributions averaged $1,174 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 0.11% to 0.18%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 603rd-largest of 1,393 plans among Missouri employers on file, and the 5,964th of 13,661 in manufacturing. In 2024, employees put in $3.06 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,823,358
Participants with balances680
Active participants540
Employer contributions$633,947
Employee contributions$1,941,704
Employer contribution per active participant$1,174
Average account balance$29,152
Benefits paid to participants$2,384,636
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$19.8M · 680 accts · $634K emplr
2023$17.0M · 691 accts · $617K emplr
2022$14.1M · 639 accts · $591K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,768
Investment management$1,225
Audit (IQPA)$13,800
Total administrative$32,793
The Orizon Aerostructures, LLC 401(k) match · 2024
Employer contribution per active participant$1,174
Median for plans this size$2,416
2024$1,174 per active participant
2023$1,086 per active participant
2022$1,063 per active participant

Orizon Aerostructures, LLC's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
FIDELITY WORKPLACE SERVICES LLC · Plan administrator · Trustee (discretionary)$17,768
RUBINBROWN LLP · Accounting / audit$13,800

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$32,793 · 0.18%
2023$38,516 · 0.25%
2022$16,422 · 0.11%
Same employer
Similar plansManufacturing · Missouri
Pfi Holding Company, LLC MO$20.0M · 0.47%
Cee Kay Supply, Inc MO$19.8M · 0.31%
Vanguard Packaging, LLC MO$19.8M · 0.50%
Mocap LLC MO$19.5M · 0.40%
H-J Enterprises, Inc. MO$19.4M · 0.38%
M. I. Industries, Inc. MO$19.1M · 0.07%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 814067683 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.