Retirement plan

AERO SIMULATION, INC. 401(K) PLAN

Name: AERO SIMULATION, INC. - AERO SIMULATION, INC. 401(K) PLAN (2024) Form 5500
Creator: AERO SIMULATION, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AERO SIMULATION, INC. 401(K) PLAN, AERO SIMULATION, INC.

AERO SIMULATION, INC.EIN 59-2354016Plan #001PY 2024

8720 EAST SLIGH AVE. - TAMPA, FL 33610813-628-4447aerosimulation.comLinkedIn201-500 employeesaviation & aerospace

Other plans on this EIN

2 filings

#003Retirement-$18.5M assets #002Retirement-$3.8M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$34.4M

+13.3% from 2023

Total participants

231

+7.9% from 2023

Average account balance

$166,143

+7.8% from 2023

Annual return

11.32%

-8.18 pp from 2023

Benchmarks

See 4,103 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,103 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$34.39M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$166K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

207

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

87.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.92M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+11.32%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$100

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 4 by compensation

Provider	Service type	Compensation
MY BENEFITS, LLC5 years Service code 49 · EIN 45-2098380 2524 HABERFIELD CT NE · ATLANTA, GA 30319	Other Services	$15,568
VOYA RETIREMENT INSURANCE & ANNUITY1 year Filed as: VOYA RETIREMENT ADVISORS, LLC Service code 26 · EIN 02-0488491	Advisory (Participants)	$8,023
FRSCPA, PLLC4 years Service code 99 · EIN 59-2482214	Other Fees	$7,100
MORNINGSTAR6 years Filed as: MORNINGSTAR INVESTMENT MANAGEMENT Service code 27 · EIN 36-3297908	Advisory (Plan)	$4,808

Plan features & details

Pension benefit codes2E2J2K2F2G3D2T

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$21K

$106 / participant

Investment mgmt$21K100.0%

% of EOY assets

0.060%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: KELLY PARTNERS (FRS) ATTEST SERVICE
Auditor EIN: 994124805
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$166,143

$79,181+109.8%

$102,423+62.2%

$74,429+123.2%

Participation rate

87.7%

74.8%+12.9pp

76.5%+11.2pp

67.2%+20.5pp

Annual return

11.32%

54.97%-43.6pp

29.42%-18.1pp

1368.38%-1357.1pp

Employer contribution / active EE

$5,094

$2,362+115.7%

$3,023+68.5%

$2,625+94.1%

Participant deferral / active EE

$9,859

$4,416+123.3%

$5,054+95.1%

$4,348+126.7%

Admin fee / account holder

$100

$2,002-95.0%

$9,455-98.9%

$1,944-94.9%

Provider

Service type

Compensation

MY BENEFITS, LLC5 years

Service code 49 · EIN 45-2098380

2524 HABERFIELD CT NE · ATLANTA, GA 30319

Other Services

$15,568

VOYA RETIREMENT INSURANCE & ANNUITY1 year

Filed as: VOYA RETIREMENT ADVISORS, LLC

Service code 26 · EIN 02-0488491

Advisory (Participants)

$8,023

FRSCPA, PLLC4 years

Service code 99 · EIN 59-2482214

Other Fees

$7,100

MORNINGSTAR6 years

Filed as: MORNINGSTAR INVESTMENT MANAGEMENT

Service code 27 · EIN 36-3297908

Advisory (Plan)

$4,808

AERO SIMULATION, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AERO SIMULATION, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion