Retirement plan

AVIATION AND MISSILE SOLUTIONS 401(K) PLAN

Name: AVIATION & MISSILE SOLUTIONS, LLC - AVIATION AND MISSILE SOLUTIONS 401(K) PLAN (2024) Form 5500
Creator: AVIATION & MISSILE SOLUTIONS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AVIATION AND MISSILE SOLUTIONS 401(K) PLAN, AVIATION & MISSILE SOLUTIONS, LLC

AVIATION & MISSILE SOLUTIONS, LLCEIN 63-1228635Plan #001PY 2024

620 DISCOVERY DRIVE NW - HUNTSVILLE, AL 35806256-652-2352ams3sx.comLinkedIn201-500 employeesdefense & space

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$13.7M

+29.5% from 2023

Total participants

265

+26.8% from 2023

Average account balance

$51,993

+2.5% from 2023

Annual return

9.87%

-48.79 pp from 2023

Benchmarks

See 3,446 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort3,446 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$38.66M

Not enough data

1 years with asset history on file

Average account balance

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

$128K

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.

301

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.

97.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.08M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$16K

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

+159.97%

Not enough data

1 years with return on file

Admin fee / account holder

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

$84

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 3 by compensation

Provider	Service type	Compensation
KEEL POINT CAPITAL LLC2 years Service code 26 · EIN 42-1607342	Advisory (Participants)	$14,370
CHARLES SCHWAB & CO., INC.2 years Service code 19	Securities Custodian	$0
CHARLES SCHWAB & CO., INC.2 years Filed as: CHARLES SCHWAB BANK Service code 19 · EIN 82-3967259	Securities Custodian	$0

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
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

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$16K

$74 / participant

Recordkeeping$710.4%
Trustee / custodial$1K7.9%
Investment mgmt$14K87.7%
Contract admin$6604.0%

% of EOY assets

0.119%

all-in expense ratio

Categories reported

4 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: WARREN AVERETT
Auditor EIN: 454084437
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$51,993

$80,748-35.6%

$102,383-49.2%

$74,429-30.1%

Participation rate

99.5%

65.7%+33.9pp

74.5%+25.0pp

67.2%+32.3pp

Annual return

9.87%

27.57%-17.7pp

24.94%-15.1pp

1368.38%-1358.5pp

Employer contribution / active EE

$5,695

$3,159+80.3%

$3,870+47.1%

$2,625+117.0%

Participant deferral / active EE

$3,969

$3,861+2.8%

$5,060-21.6%

$4,348-8.7%

Admin fee / account holder

$62

$2,371-97.4%

$8,391-99.3%

$1,944-96.8%

Provider

Service type

Compensation

KEEL POINT CAPITAL LLC2 years

Service code 26 · EIN 42-1607342

Advisory (Participants)

$14,370

CHARLES SCHWAB & CO., INC.2 years

Service code 19

Securities Custodian

CHARLES SCHWAB & CO., INC.2 years

Filed as: CHARLES SCHWAB BANK

Service code 19 · EIN 82-3967259

Securities Custodian

AVIATION AND MISSILE SOLUTIONS 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AVIATION AND MISSILE SOLUTIONS 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