Aero Air, LLC 401(K) Profit Sharing Plan And Trust — Form 5500 plan (Aero Air, LLC)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Aero Air, LLC 401(K) Profit Sharing Plan And Trust is a benefit plan reported by Aero Air, LLC under EIN 93-1244163 and plan number 001. The latest loaded filing year is 2023. The filing reports 295 participants and $11,864,394 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$11.9MPlan net assets, end of year$11,864,394
Participants295Covered participants reported
Assets / participant$40.2KComputed: assets ÷ participants$40,218 (computed)
Provider compensation$57.1K3 Schedule C provider row(s)$57,112
Plan sponsor
Aero Air, LLC
EIN
93-1244163
Plan number
001
Plan type
2
Location
Hillsboro, OR
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023295H, C20241008113207NAL0029676864001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$11.9M total assets
Net assets$11.9MLiabilities$0
Money in vs. money out
Total income / additions$3.8M
Total expenses$2.1M
Benefits paid / distributions$2M
Contributions
Employer$667.8K
Participant$1.4M
Full reported line items

Net assets

Total assets (EOY)
$11,864,394
Total liabilities (EOY)
$0
Net assets (EOY)
$11,864,394
Net assets (BOY)
$10,157,739

Income & contributions

Employer contributions
$667,796
Participant contributions
$1,369,792
Total contributions
$2,078,835
Total income / additions
$3,808,826

Expenses & distributions

Benefits paid
$2,022,388
Administrative expenses
$57,112
Total expenses
$2,102,171
Net increase / (decrease)
$1,706,655
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 33%Participant 67%
Total expenses ÷ net assets18%Computed ratio
Benefits paid ÷ total income53%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Insurance Company ORECORDKEEPER$28,549$02023
Phillips & Company Advisors LLCINVESTMENT ADVISOR$26,663not reported in the loaded dataset2023
Aero Air LLCOTHER$1,900not reported in the loaded dataset2023

Related Form 5500 pages