Plan Ledger DOL Form 5500 · updated monthly

Psa Airlines, Inc.401(k)

PSA AIRLINES, INC. 401(K) SAVINGS PLAN · VANDALIA, OH · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Psa Airlines, Inc. reported $102,073 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,729 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 0.11% to 0.05%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 186th-largest of 3,295 plans among Ohio employers on file, and the 137th of 2,677 in transportation & warehousing. In 2024, employees put in $1.90 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$242,112,634
Participants with balances5,394
Active participants7,153
Employer contributions$12,364,585
Employee contributions$23,547,734
Employer contribution per active participant$1,729
Average account balance$44,886
Benefits paid to participants$15,225,587
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$242.1M · 5,394 accts · $12.4M emplr
2023$190.7M · 4,999 accts · $10.4M emplr
2022$144.7M · 4,636 accts · $7.9M emplr
Administrative expenses, itemized · 2024
Investment management$145,308
Total administrative$102,073
The Psa Airlines, Inc. 401(k) match · 2024
Employer contribution per active participant$1,729
Median for plans this size$3,635
2024$1,729 per active participant
2023$1,640 per active participant
2022$1,186 per active participant

Psa Airlines, Inc.'s 2024 employer contribution ran below the $3,635 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
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$145,308
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect 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$102,073 · 0.05%
2023$160,241 · 0.10%
2022$176,593 · 0.11%
Same employer
Similar plansTransportation & Warehousing · Ohio
Dayton Freight Lines, Inc. OH$303.8M · 0.13%
Total Quality Logistics, LLC OH$280.1M · 0.17%
Abx Air, Inc. OH$279.9M · 0.13%
Kenan Advantage Group, Inc. OH$277.9M · 0.18%
Fst Logistics, Inc. OH$113.3M · 0.00%
Triple T Transport, Inc. OH$108.9M · 0.00%
Beacon Mobility Corp. OH$89.4M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251382555 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.