Plan Ledger DOL Form 5500 · updated monthly

Standardaero401(k)

STANDARDAERO 401K SAVINGS PLAN · SCOTTSDALE, AZ · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Standardaero reported $147,961 in plan administrative expenses for 2024: 0.04% of average plan assets, below the peer median. Employer contributions averaged $2,997 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 0.040% to 0.042%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 47th-largest of 1,285 plans among Arizona employers on file, and the 96th of 2,677 in transportation & warehousing. In 2024, employees put in $1.66 for every $1.00 the employer contributed; active participation has grown from 3,480 to 4,335 since 2022.

Plan summary
Net assets, end of year$363,981,444
Participants with balances3,712
Active participants4,335
Employer contributions$12,992,502
Employee contributions$21,576,079
Employer contribution per active participant$2,997
Average account balance$98,055
Benefits paid to participants$42,499,707
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$364.0M · 3,712 accts · $13.0M emplr
2023$333.4M · 3,562 accts · $11.6M emplr
2022$286.8M · 3,406 accts · $10.5M emplr
The Standardaero 401(k) match · 2024
Employer contribution per active participant$2,997
Median for plans this size$4,294
2024$2,997 per active participant
2023$2,942 per active participant
2022$3,024 per active participant

Standardaero's 2024 employer contribution ran below the $4,294 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 AND S · Recordkeeping$94,987
AMERIPRISE FINANCIAL SERVICES$33,000
CBIZ CPAS P.C.$19,950

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

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

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

Administrative cost history3
2024$147,961 · 0.04%
2023$146,487 · 0.05%
2022$123,690 · 0.04%
Similar plansTransportation & Warehousing · Arizona
Crete Carrier Corporation NE$392.4M · 0.32%
Dsv Air & Sea, Inc NJ$391.9M · 0.02%
Carrix, Inc. WA$362.2M · 0.04%
Colonial Pipeline Company GA$359.1M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521956503 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.