Jet Linx Aviation LLC 401(k) Review & Grade
Jet Linx Aviation, LLC 401(k) Plan
Omaha, NETransportation & Warehousing534 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$5,165Employer $ per active participant
$8,798Employee $ saved per active participant
0.36%Direct admin cost, % of plan assets
$38.1MNet plan assets, end of year
$67,297Average balance per account
Score breakdown
- Employer generosity46.9 / 5094th percentile for employer $ per participant
- Low cost8.5 / 2534th percentile for low admin cost vs. same-size plans
- Employee saving13.9 / 1593th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score69 / 100 · Grade B
This plan vs. peers
Peers: Transportation & Warehousing plans with 500–2,499 active participants (392 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 94th |
| Lower admin cost | 34th |
| Employee saving | 93th |
| Peers that auto-enroll | 37% |
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Red flags from the filing
Corrective distributions: the plan refunded $29,323 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Jet Linx Aviation put in about $5,165 per active participant, more than the typical peer ($1,070). 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 (0.36% 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 | $2,757,845 |
| Participant (employee) contributions | $4,697,940 |
| Other contributions (incl. rollovers in) | $555,119 |
| Administrative expenses paid from the plan | $123,464 |
| Contract administrator fees | $58,341 |
| Investment advisory & management fees | $50,423 |
| Benefits paid out | $4,578,012 |
| Net assets, start / end of year | $30.4M / $38.1M |
| Active participants, start / end of year | 541 / 527 |
| Participants with account balances | 566 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Lutz and Company, PC |
Largest service providers (Schedule C)
| The Vanguard Group, Inc. | $58,341 reported compensation |
| Kestra Advisory Services. | $50,000 reported compensation |
| Lutz Co | $14,700 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250801150812NAL0010234912001, received 2025-08-01, EIN 26-3984455, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.