Plan Ledger DOL Form 5500 · updated monthly

Skyryse401(k)

SKYRYSE 401(K) PLAN · EL SEGUNDO, CA · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Skyryse reported $796 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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 fell from 0.16% to 0.01%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in California (6,208th of 9,483), and 1,359th of 2,677 in transportation & warehousing.

Plan summary
Net assets, end of year$7,426,936
Participants with balances187
Active participants155
Employer contributions$0
Employee contributions$1,465,090
Employer contribution per active participant$0
Average account balance$39,716
Benefits paid to participants$596,232
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$7.4M · 187 accts
2023$3.2M · 160 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$796
Total administrative$796
The Skyryse 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Skyryse's 2024 employer contribution ran below the $1,313 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$828

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

Administrative cost history2
2024$796 · 0.01%
2023$3,761 · 0.16%
Similar plansTransportation & Warehousing · California
Dirt Cheap, Inc. CA$7.5M · 0.07%
Sun Air Jets, LLC CA$7.5M · 0.29%
Unipac Shipping Inc. CA$7.5M · 0.59%
Next Trucking, Inc. CA$7.1M · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 813215824 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.