Plan Ledger DOL Form 5500 · updated monthly

Thrush Aircraft, LLC401(k)

THRUSH AIRCRAFT, LLC 401K PLAN · ALBANY, GA · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Thrush Aircraft, LLC reported $3,636 in plan administrative expenses for 2024: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $698 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 0.12%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Georgia (1,783rd of 2,160), and 12,069th of 13,661 in manufacturing. In 2024, employees put in $2.74 for every $1.00 the employer contributed; active participation has grown from 133 to 156 since 2022.

Plan summary
Net assets, end of year$3,394,688
Participants with balances112
Active participants156
Employer contributions$108,963
Employee contributions$298,205
Employer contribution per active participant$698
Average account balance$30,310
Benefits paid to participants$175,271
Plan auditUnmodified (clean) audit opinion
AuditorSMITH AND HOWARD PC
Plan history3
Yearassets · accounts · employer contribution
2024$3.4M · 112 accts · $109K emplr
2023$2.8M · 105 accts · $118K emplr
2022$2.2M · 102 accts · $105K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,636
Total administrative$3,636
The Thrush Aircraft, LLC 401(k) match · 2024
Employer contribution per active participant$698
Median for plans this size$1,313
2024$698 per active participant
2023$762 per active participant
2022$793 per active participant

Thrush Aircraft, LLC's 2024 employer contribution ran below the $1,313 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 · 20241
ADP, INC. · Loan processing · Recordkeeping$3,636

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$3,636 · 0.12%
2023$2,619 · 0.10%
2022$1,817 · 0.08%
Similar plansManufacturing · Georgia
Thomson Plastics, Inc. GA$3.3M · 1.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 842914621 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.