Department of Labor filing

AERO THRUST HOLDINGS DBA IAERO GROUP

IAERO GROUP 401(K) · For the plan year ended Dec 31, 2023

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Public filing 2023 · received Sep 29, 2024Verified current terms Not available

Plan at a glance

How good does the filing look?

60filing comparison
out of 100

The filing looks broadly typical among comparable plans. This is a filing comparison, not a complete benefits score.

$Employer support

$3,971

Reported employer contributions per active participant.

Higher than about 74% of comparable plans

#People in the filing

683

Active participants reported for 2023.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$125 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 25% of comparable plans

↗Investment performance

Not available

Plan assets changed 70.8%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 202360out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions74th percentileTypical peer $1,716 · based on 39 comparable plans

Lower reported administrative expense25th percentileTypical peer $84 · based on 40 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2023, AERO THRUST HOLDINGS DBA IAERO GROUP reported $2,712,177 in employer contributions across the plan and 683 active participants. That works out to $3,971 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy70%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendUp 130.3%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendUp 45.7%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context60/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $2,712,177
Participant contributions: $4,102,049
Other contributions: $612,622
Employer share of reported contributions: 39.8%
Beginning assets: $9,100,583
Ending assets: $15,541,790
Ending net assets: $15,541,790
Ending liabilities: $0
Total income: $9,473,228
Total expenses: $2,989,773
Administrative expenses: $155,438
Participant loans: $317,008

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2022

$1,724

2023

$3,971

Plan-paid administrative expenses per participant

2022

$85

2023

$125

Active participants

2022

1,124

2023

683

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2023	$3,971	683	15.5M	20240929141849NAL0004592849001
2022	$1,724	1,124	9.1M	20231013085037NAL0033433009001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: 2.0%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Yes
Public plan identifier: 320380152-001

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: May 1, 2016
Industry: Transportation and warehousing
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2E2F2G2J2K2R2S2T3B3D3F

Reported service providers

Organizations named in the latest filing

The public dataset does not always identify a provider’s exact role. Compensation stays blank when it was not separately reported.

Provider	Plan year	Direct compensation	Indirect compensation
FIDELITY INVESTMENTS INSTITUTIONAL	2023	Not reported	unknown

Current plan terms

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Filing ACK_ID20240929141849NAL0004592849001

Data sourceDOL Form 5500 bulk data ↗

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