Plan Ledger DOL Form 5500 · updated monthly

Rtc Aerospace401(k)

RTC AEROSPACE 401(K) PLAN · CHATSWORTH, CA · plan year 2024

Reported admin expense ratio · 2024
0.63%

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

Rtc Aerospace reported $67,481 in plan administrative expenses for 2024: 0.63% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,792 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 0.76% to 0.63%. 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 among the smaller plans on file in California (5,075th of 9,483), and 8,176th of 13,661 in manufacturing. In 2024, employees put in $2.35 for every $1.00 the employer contributed; active participation has grown from 200 to 240 since 2022.

Plan summary
Net assets, end of year$11,548,733
Participants with balances243
Active participants240
Employer contributions$430,034
Employee contributions$1,011,231
Employer contribution per active participant$1,792
Average account balance$47,526
Benefits paid to participants$1,165,161
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.5M · 243 accts · $430K emplr
2023$9.9M · 226 accts · $367K emplr
2022$8.9M · 236 accts · $389K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,468
Investment management$35,013
Total administrative$67,481
The Rtc Aerospace 401(k) match · 2024
Employer contribution per active participant$1,792
Median for plans this size$2,416
2024$1,792 per active participant
2023$2,005 per active participant
2022$1,947 per active participant

Rtc Aerospace's 2024 employer contribution ran below 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
MERRILL LYNCH PIERCE FENNER & SMITH · Recordkeeping · Pension consulting$35,013
ADP, INC. · Loan processing · Recordkeeping$32,468
ADP BROKER-DEALER · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP, Bank of America / Merrill
2023ADP, Bank of America / Merrill

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$67,481 · 0.63%
2023$59,735 · 0.64%
2022$57,988 · 0.76%
Similar plansManufacturing · California
Vantage Associates Inc. CA$11.6M · 0.00%
Rock West Composites, Inc. CA$11.6M · 0.19%
Alivecor, Inc. CA$11.6M · 0.03%
Tst, Inc CA$11.5M · 0.65%
Foodstate, Inc. CA$11.5M · 0.41%
Sierrathermal, Inc. CA$11.4M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952396438 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.