Plan Ledger DOL Form 5500 · updated monthly

Safran Aerosystems Services Americas, LLC401(k)

SAFRAN AEROSYSTEMS SERVICES AMERICAS, LLC · PEACHTREE CITY, GA · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Safran Aerosystems Services Americas, LLC reported $98,859 in plan administrative expenses for 2024: 0.37% of average plan assets, above the peer median. Employer contributions averaged $3,598 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 rose from 0.08% to 0.37%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 688th-largest of 2,160 plans among Georgia employers on file, and the 1,403rd of 4,246 in wholesale trade. In 2024, employees put in $1.60 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$28,841,877
Participants with balances329
Active participants237
Employer contributions$852,780
Employee contributions$1,364,663
Employer contribution per active participant$3,598
Average account balance$87,665
Benefits paid to participants$1,662,974
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$28.8M · 329 accts · $853K emplr
2023$25.1M · 328 accts · $795K emplr
2022$21.2M · 310 accts · $724K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$66,339
Investment management$7,845
Audit (IQPA)$24,675
Total administrative$98,859
The Safran Aerosystems Services Americas, LLC 401(k) match · 2024
Employer contribution per active participant$3,598
Median for plans this size$2,416
2024$3,598 per active participant
2023$3,458 per active participant
2022$3,231 per active participant

Safran Aerosystems Services Americas, LLC'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 · 20244
COHNREZNICK LLP · Accounting / audit$24,675
INVESTMENT RESEACH & ADVISORY GROUP · Investment advisory (plan)$17,500
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$7,845
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$98,859 · 0.37%
2023$25,484 · 0.11%
2022$18,109 · 0.08%
Similar plansWholesale Trade · Georgia
Koki Holdings America LTD. GA$32.1M · 0.09%
Acella Pharmaceuticals, LLC GA$31.6M · 0.80%
Medicraft, Inc. GA$30.0M · 0.25%
Sebia, Inc GA$28.6M · 0.15%
Rotary Corporation GA$28.1M · 0.46%
B & D Industrial, Inc. GA$27.9M · 0.57%
Flint Equipment Company GA$27.5M · 0.20%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 391924117 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.