Plan Ledger DOL Form 5500 · updated monthly

Phoenix East Aviation, LLC401(k)

PHOENIX EAST AVIATION, LLC SAFE HARBOR 401(K) PLAN · DAYTONA BEACH, FL · plan year 2022

Reported admin expense ratio · 2022
0.01%

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

Phoenix East Aviation, LLC reported $225 in plan administrative expenses for 2022: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $658 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Florida (3,229th of 3,644), and 2,917th of 3,091 in educational services. In 2022, employees put in $1.66 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,512,063
Participants with balances47
Active participants133
Employer contributions$87,561
Employee contributions$145,545
Employer contribution per active participant$658
Average account balance$32,172
Benefits paid to participants$49,018
Plan auditUnmodified (clean) audit opinion
AuditorMAZARS USA LLP
Administrative expenses, itemized · 2022
Professional / advisory$225
Total administrative$225
The Phoenix East Aviation, LLC 401(k) match · 2022
Employer contribution per active participant$658
Median for plans this size$1,114

Phoenix East Aviation, LLC's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$225 · 0.01%
Similar plansEducational Services · Florida
Kipp of Jacksonville FL$1.7M · 0.92%
Alexander School, Inc. FL$1.5M · 0.81%
Guadalupe Center, Inc. FL$1.4M · 1.25%
Citrus County Association FL$1.2M · 1.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042736266 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.