Retirement plan

SCALED COMPOSITES, LLC INCENTIVE SAVINGS PLAN

Name: SCALED COMPOSITES, LLC - SCALED COMPOSITES, LLC INCENTIVE SAVINGS PLAN (2024) Form 5500
Creator: SCALED COMPOSITES, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SCALED COMPOSITES, LLC INCENTIVE SAVINGS PLAN, SCALED COMPOSITES, LLC

SCALED COMPOSITES, LLCEIN 77-0554360Plan #001PY 2024

1624 FLIGHT LINE - MOJAVE, CA 935011663661-824-4541scaled.comLinkedIn201-500 employeesaviation & aerospace

Prospect flagsHigh feesFailed to transmit contributions

Top hat statement on fileNQDC

Filed March 24, 2025

Plan administrator

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1624 Flight Line

Mojave, CA 93501

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Plans declared (1)

Long-Term Incentive Program45 emp

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Total assets (EOY)

$48.9M

+8.0% from 2023

Total participants

385

-8.3% from 2023

Average account balance

$132,527

+21.2% from 2023

Annual return

14.76%

-6.75 pp from 2023

Benchmarks

See 2,385 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort2,385 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$48.90M

Not enough data

1 years with asset history on file

Average account balance

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

$133K

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.

369

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.

94.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.61M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+14.76%

Not enough data

1 years with return on file

Admin fee / account holder

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

$353

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

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Service providers

Top 3 by compensation

Provider	Service type	Compensation
EPIC RETIREMENT PLAN SERVICES1 year Filed as: CERITY PARTNERS RETIREMENT PLAN Service code 27 · EIN 35-2467663	Advisory (Plan)	$80,931
FIDELITY INVESTMENTS INSTITUTIONAL2 years Service code 37 · EIN 04-2647786	Loan Processing	$43,130
STRATEGIC ADVISORS, INC.1 year Service code 27 · EIN 04-2654524	Advisory (Plan)	$9,943

Plan features & details

Pension benefit codes2T3H2E2F2G2J2K3B2S3D2R

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$130K

$460 / participant

Recordkeeping$39K30.2%
Investment mgmt$91K69.8%

% of EOY assets

0.266%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: HUTCHINSON & BLOODGOOD LLP
Auditor EIN: 950858589
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$132,527

$88,982+48.9%

$102,438+29.4%

$77,671+70.6%

Participation rate

94.3%

80.9%+13.4pp

76.5%+17.9pp

70.6%+23.8pp

Annual return

14.76%

25.01%-10.3pp

29.37%-14.6pp

31.21%-16.5pp

Employer contribution / active EE

$4,531

$2,698+67.9%

$3,024+49.9%

$2,726+66.2%

Participant deferral / active EE

$8,214

$5,144+59.7%

$5,054+62.5%

$4,648+76.7%

Admin fee / account holder

$353

$236+49.9%

$9,448-96.3%

$430-18.0%

Provider

Service type

Compensation

EPIC RETIREMENT PLAN SERVICES1 year

Filed as: CERITY PARTNERS RETIREMENT PLAN

Service code 27 · EIN 35-2467663

Advisory (Plan)

$80,931

FIDELITY INVESTMENTS INSTITUTIONAL2 years

Service code 37 · EIN 04-2647786

Loan Processing

$43,130

STRATEGIC ADVISORS, INC.1 year

Service code 27 · EIN 04-2654524

Advisory (Plan)

$9,943

SCALED COMPOSITES, LLC INCENTIVE SAVINGS PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SCALED COMPOSITES, LLC INCENTIVE SAVINGS PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

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