Plan Ledger DOL Form 5500 · updated monthly

Volato, Inc.401(k)

VOLATO INC. 401(K) PLAN · CHAMBLEE, GA · plan year 2024

Reported admin expense ratio · 2024
1.07%

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

Volato, Inc. reported $60,870 in plan administrative expenses for 2024: 1.07% of average plan assets, higher than ~75% of peers. Employer contributions averaged $40,398 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.

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 Georgia (1,529th of 2,160), and 1,498th of 2,677 in transportation & warehousing. In 2024, employees put in $1.72 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,093,430
Participants with balances181
Active participants22
Employer contributions$888,764
Employee contributions$1,526,152
Employer contribution per active participant$40,398
Average account balance$33,665
Benefits paid to participants$3,084,904
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$59,194
Investment management$1,676
Total administrative$60,870
The Volato, Inc. 401(k) match · 2024
Employer contribution per active participant$40,398
Median for plans this size$1,313

Volato, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20242
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$4,911
WILSHIRE ASSOCIATES INC. · Investment advisory (participants)$1,362

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

Administrative cost history1
2024$60,870 · 1.07%
Same employer
Similar plansTransportation & Warehousing · Georgia
Stord GA$7.1M · 0.11%
Trucks, Inc. GA$6.9M · 0.51%
Taylor Transport, Inc. GA$4.9M · 1.00%
Port City Logistics, Inc. GA$4.8M · 1.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 861320997 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.