Aerodyne Industries LLC 401(k) Review & Grade
Aerodyne Industries LLC 401 K Profit Sharing Plan
Cape Canaveral, FLProfessional, Scientific & Technical Services824 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$4,942Employer $ per active participant
$10,528Employee $ saved per active participant
0.50%Direct admin cost, % of plan assets
$70.1MNet plan assets, end of year
$85,433Average balance per account
Score breakdown
- Employer generosity36.4 / 5073th percentile for employer $ per participant
- Low cost5.8 / 2523th percentile for low admin cost vs. same-size plans
- Employee saving9.5 / 1564th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score52 / 100 · Grade C
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 73th |
| Lower admin cost | 23th |
| Employee saving | 64th |
| Peers that auto-enroll | 48% |
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Red flags from the filing
Corrective distributions: the plan refunded $7,949 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Aerodyne Industries put in about $4,942 per active participant, more than the typical peer ($3,082). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Direct plan expenses (0.50% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $4,074,465 |
| Participant (employee) contributions | $8,680,284 |
| Other contributions (incl. rollovers in) | $1,267,837 |
| Administrative expenses paid from the plan | $311,656 |
| Contract administrator fees | $9,265 |
| Investment advisory & management fees | $100,615 |
| Benefits paid out | $6,424,080 |
| Net assets, start / end of year | $54.9M / $70.1M |
| Active participants, start / end of year | 862 / 787 |
| Participants with account balances | 820 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Assurance Dimensions |
Largest service providers (Schedule C)
| Empower Ann Ins Co | $204,925 reported compensation |
| Ubs Financial Services | $90,867 reported compensation |
| Florida Retirement Consultants | $9,265 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250731151110NAL0003188627001, received 2025-07-31, EIN 20-5783057, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.