Benchmarking Pats Aircraft, LLC 401(K) Plan in Georgetown, DE against all plans
Pats Aircraft, LLC 401(K) Plan in Georgetown, DE has the 9th-lowest total administrative expense per participant ($15.30) of the 75 plans whose industry group is Aerospace Product and Parts Manufacturing. That $15.30 compares to an average of $177.60 across those 75 plans.
Beating the average of $177.60 means a decrease of $63,784 in total administrative expenses.
Note: total administrative expense per participant =
total administrative expenses ÷ total participants
Pats Aircraft, LLC 401(K) Plan has these standings among those 75 peer plans:
Beating the average of $177.60 means a decrease of $63,784 in total administrative expenses.
Note: total administrative expense per participant =
total administrative expenses ÷ total participants
Pats Aircraft, LLC 401(K) Plan has these standings among those 75 peer plans:
- total administrative expense per participant = $15.30 (9th-lowest)
- total administrative expenses = $6,012 (10th-lowest)
- total participants = 393 (28th-most, tied)
Visualize
Peers
beat out by Intersect Ent, Inc. Retirement Trust in Menlo Park, CA (-$59.36), Safran Cabin Galleys US, Inc. Retirement Savings Plan in Huntington Beach, CA ($2.90), Peco, Inc. 401(K) Profit Sharing Plan in Clackamas, OR ($3.82), and BMT Aerospace USA, Inc. Employee's 401(K) Plan in Fraser, MI ($5.11), and 4 others, ending with VT Mobile Aerospace Engineering, Inc. 401(K) Plan in Mobile, AL ($14.34).
beat Radius Aerospace, Inc. 401(K) Plan in Hot Springs, AR ($19.26), Orizon Aerostructure, LLC 401(K) Plan in Kansas City, MO ($20.41), Toray Advanced Composites USA Savings Plan in Morgan Hill, CA ($23.88), and Employees' 401(K) Plan of Tayco Engineering, Inc. in Cypress, CA ($24.01), and 62 others, ending with Pako, Inc. Employees' 401(K) Plan and Trust in Mentor, OH ($792.48).
beat Radius Aerospace, Inc. 401(K) Plan in Hot Springs, AR ($19.26), Orizon Aerostructure, LLC 401(K) Plan in Kansas City, MO ($20.41), Toray Advanced Composites USA Savings Plan in Morgan Hill, CA ($23.88), and Employees' 401(K) Plan of Tayco Engineering, Inc. in Cypress, CA ($24.01), and 62 others, ending with Pako, Inc. Employees' 401(K) Plan and Trust in Mentor, OH ($792.48).
References
- whose industry group is. The industry group is the first four digits from the six-digit NAICS business code, Line 2d in Form 5500, which best describes the nature of the plan sponsor’s business, from the available list. If more than one employer or employee organization is involved, filers are asked to enter the business code for the main business activity of the employer and/or employee organizations. Except where noted, all data come from the 25-October-2023 updates to the year-2021 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
- total administrative expense per participant. Lower values are better. Total administrative expense per participant is a ratio that equals total administrative expenses (Line 2i(5), Schedule H) divided by total participants, i.e. the sum of active, retired, or separated participants who are still living, plus deceased participants whose beneficiaries receive or are entitled to benefits (Line 6f of Form 5500). To qualify for total administrative expense per participant, the number of total assets must be at least $50,000. Except where noted, all data come from the 25-October-2023 updates to the year-2021 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.