Plan Ledger DOL Form 5500 · updated monthly

Pilatus Business Aircraft, LTD401(k)

PILATUS BUSINESS AIRCRAFT, LTD 401(K) PLAN · BROOMFIELD, CO · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Pilatus Business Aircraft, LTD reported $74,778 in plan administrative expenses for 2024: 0.31% of average plan assets, above the peer median. Employer contributions averaged $2,649 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 fell from 0.38% to 0.31%. 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 363rd-largest of 1,461 plans among Colorado employers on file, and the 4,340th of 13,661 in manufacturing. In 2024, employees put in $1.56 for every $1.00 the employer contributed; active participation has grown from 151 to 354 since 2022.

Plan summary
Net assets, end of year$31,374,276
Participants with balances345
Active participants354
Employer contributions$937,689
Employee contributions$1,459,614
Employer contribution per active participant$2,649
Average account balance$90,940
Benefits paid to participants$614,082
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$31.4M · 345 accts · $938K emplr
2023$16.1M · 214 accts · $761K emplr
2022$12.5M · 179 accts · $562K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$74,778
Total administrative$74,778
The Pilatus Business Aircraft, LTD 401(k) match · 2024
Employer contribution per active participant$2,649
Median for plans this size$2,416
2024$2,649 per active participant
2023$4,324 per active participant
2022$3,720 per active participant

Pilatus Business Aircraft, LTD's 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$74,777
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)indirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp

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$74,778 · 0.31%
2023$56,593 · 0.39%
2022$49,746 · 0.38%
Same employer
Similar plansManufacturing · Colorado
Cs Wind America, Inc. CO$34.1M · 0.40%
Lignetics, Inc. CO$33.0M · 0.33%
Saes Getters USA, Inc. CO$29.7M · 0.12%
Aurora Organic Dairy Corp. CO$29.6M · 0.24%
Epilog Corporation CO$28.4M · 0.12%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 841343522 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.