Plan Ledger DOL Form 5500 · updated monthly

Vt Mobile Aerospace Engineering, Inc.401(k)

VT MOBILE AEROSPACE ENGINEERING, INC. 401(K) PLAN · MOBILE, AL · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Vt Mobile Aerospace Engineering, Inc. reported $38,852 in plan administrative expenses for 2024: 0.16% of average plan assets, below the peer median. Employer contributions averaged $2,092 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 0.07% to 0.16%. 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 259th-largest of 902 plans among Alabama employers on file, and the 5,148th of 13,661 in manufacturing. In 2024, employees put in $1.39 for every $1.00 the employer contributed; active participation has shrunk from 742 to 664 since 2022.

Plan summary
Net assets, end of year$24,878,154
Participants with balances1,236
Active participants664
Employer contributions$1,389,412
Employee contributions$1,931,599
Employer contribution per active participant$2,092
Average account balance$20,128
Benefits paid to participants$4,467,012
Plan auditUnmodified (clean) audit opinion
AuditorMAUDLIN & JENKINS, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$24.9M · 1,236 accts · $1.4M emplr
2023$23.5M · 1,353 accts · $1.4M emplr
2022$19.2M · 944 accts · $798K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,291
Investment management$3,561
Total administrative$38,852
The Vt Mobile Aerospace Engineering, Inc. 401(k) match · 2024
Employer contribution per active participant$2,092
Median for plans this size$2,416
2024$2,092 per active participant
2023$1,868 per active participant
2022$1,075 per active participant

Vt Mobile Aerospace Engineering, Inc.'s 2024 employer contribution ran below 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 · 20241
USI CONSULTING GROUP · Claims processing · Recordkeeping$38,852

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

Recordkeeper by year2
2024USI Consulting
2023USI Consulting

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

Administrative cost history3
2024$38,852 · 0.16%
2023$16,482 · 0.08%
2022$15,387 · 0.07%
Same employer
Similar plansManufacturing · Alabama
Smith Industries, Inc. AL$28.1M · 0.21%
Fastening Solutions, Inc. AL$25.2M · 0.33%
Plasman Corp. LLC AL$25.1M · 0.20%
Amico Holding Company, Inc. AL$24.8M · 0.38%
Auto Custom Carpets, Inc. AL$24.8M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 631030724 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.