Plan Ledger DOL Form 5500 · updated monthly

Perform Air International, Inc.401(k)

PERFORM AIR INTERNATIONAL, INC. 401(K) PROFIT SHARING PLAN · GILBERT, AZ · plan year 2023

Reported admin expense ratio · 2023
0.09%

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

Perform Air International, Inc. reported $3,787 in plan administrative expenses for 2023: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $750 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 1 year on file its reported administrative ratio fell from 0.22% to 0.09%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Arizona (872nd of 1,285), and 1,731st of 2,677 in transportation & warehousing. In 2023, employees put in $2.12 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,382,321
Participants with balances95
Active participants121
Employer contributions$90,801
Employee contributions$192,838
Employer contribution per active participant$750
Average account balance$46,130
Benefits paid to participants$199,307
Plan auditUnmodified (clean) audit opinion
AuditorMANSPERGER PATTERSON& MCMULLIN
Plan history2
Yearassets · accounts · employer contribution
2023$4.4M · 95 accts · $91K emplr
2022$3.7M · 120 accts · $89K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$3,787
Total administrative$3,787
The Perform Air International, Inc. 401(k) match · 2023
Employer contribution per active participant$750
Median for plans this size$1,308
2023$750 per active participant
2022$764 per active participant

Perform Air International, Inc.'s 2023 employer contribution ran below the $1,308 median for plans its size. 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 · 20231
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$3,787

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

Administrative cost history2
2023$3,787 · 0.09%
2022$8,864 · 0.22%
Same employer
Similar plansTransportation & Warehousing · Arizona
Ohlinger Industries, Inc. AZ$4.9M · 0.76%
Barlow Company, Inc. AZ$2.4M · 1.89%
Diamond Trucking, Inc. AZ$1.5M · 1.27%
New Legend, Inc. AZ$1.3M · 1.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860587499 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.