Plan Ledger DOL Form 5500 · updated monthly

Prime Jet US LLC401(k)

PRIME JET US, LLC 401(K) PROFIT SHARING PLAN · ENGLEWOOD, CO · plan year 2023

Reported admin expense ratio · 2023
0.13%

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

Prime Jet US LLC reported $6,810 in plan administrative expenses for 2023: 0.13% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,929 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 rose from 0.04% to 0.13%. 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 Colorado (985th of 1,461), and 1,501st of 2,677 in transportation & warehousing. In 2023, employees put in $1.90 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,055,640
Participants with balances121
Active participants104
Employer contributions$512,615
Employee contributions$972,383
Employer contribution per active participant$4,929
Average account balance$50,047
Benefits paid to participants$445,987
Plan auditUnmodified (clean) audit opinion
AuditorGALGAS RUSSELL LLP
Plan history2
Yearassets · accounts · employer contribution
2023$6.1M · 121 accts · $513K emplr
2022$4.3M · 119 accts · $522K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$6,810
Total administrative$6,810
The Prime Jet US LLC 401(k) match · 2023
Employer contribution per active participant$4,929
Median for plans this size$1,308
2023$4,929 per active participant
2022$4,704 per active participant

Prime Jet US LLC's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
AMG NATIONAL TRUST BANK · Trustee$6,810

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$6,810 · 0.13%
2022$1,654 · 0.04%
Same employer
Similar plansTransportation & Warehousing · Colorado
Viserion Grain, LLC CO$7.6M · 2.14%
Key Lime Air Corporation CO$7.6M · 0.60%
Prime Jet US LLC CO$7.2M · 0.14%
Mayo Aviation, LLC CO$5.8M · 0.78%
Navajo Shippers, Inc. CO$5.5M · 0.96%
Via Mobility Services CO$5.0M · 0.54%
Cast Transportation, Inc. CO$4.6M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 452454295 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.