Plan Ledger DOL Form 5500 · updated monthly

Vornado Air, LLC401(k)

VORNADO AIR, LLC 401(K) PROFIT SHARING PLAN · ANDOVER, KS · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Vornado Air, LLC reported $3,931 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,930 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 fell from 0.10% to 0.03%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 364th-largest of 828 plans among Kansas employers on file, and 6,886th of 13,661 in manufacturing. In 2024, employees put in $2.69 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,709,243
Participants with balances166
Active participants151
Employer contributions$442,380
Employee contributions$1,189,181
Employer contribution per active participant$2,930
Average account balance$94,634
Benefits paid to participants$1,282,852
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.7M · 166 accts · $442K emplr
2023$13.3M · 174 accts · $422K emplr
2022$10.7M · 162 accts · $394K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,931
Total administrative$3,931
The Vornado Air, LLC 401(k) match · 2024
Employer contribution per active participant$2,930
Median for plans this size$2,416
2024$2,930 per active participant
2023$2,832 per active participant
2022$2,753 per active participant

Vornado Air, 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$3,931
CETERA ADVISOR NETWORKS LLCindirect 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$3,931 · 0.03%
2023$10,747 · 0.09%
2022$12,398 · 0.10%
Same employer
Similar plansManufacturing · Kansas
Phenix Label Company, Inc. KS$16.5M · 0.36%
Harlow Aero Group LLC KS$16.1M · 0.24%
Moridge Manufacturing, Inc KS$16.0M · 0.50%
Rand Graphics, Inc. KS$16.0M · 0.19%
Wescon Controls, LLC KS$15.5M · 0.61%
Vektek Employer, LLC KS$15.4M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 134339727 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.