Unifi Aviation, LLC 401(k) Review & Grade
Unifi Aviation 401(k) Retirement Plan
Atlanta, GAProfessional, Scientific & Technical Services29,686 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$128Employer $ per active participant
$534Employee $ saved per active participant
0.30%Direct admin cost, % of plan assets
$121.0MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity6.5 / 5013th percentile for employer $ per participant
- Low cost2.4 / 2510th percentile for low admin cost vs. same-size plans
- Employee saving1.1 / 157th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score10 / 100 · Grade F
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 10,000+ active participants (70 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 13th |
| Lower admin cost | 10th |
| Employee saving | 7th |
| Peers that auto-enroll | 39% |
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Red flags from the filing
Corrective distributions: the plan refunded $101,859 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Unifi Aviation put in about $128 per active participant, below the typical peer ($2,932). Any match is still an instant return, so contribute enough to get all of it.
- 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 (0.30% of assets) are well above similar-size plans (0.09%). 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 | $3,811,297 |
| Participant (employee) contributions | $15,847,186 |
| Other contributions (incl. rollovers in) | $1,520,858 |
| Administrative expenses paid from the plan | $329,209 |
| Contract administrator fees | $1,200 |
| Benefits paid out | $18,446,063 |
| Net assets, start / end of year | $101.6M / $121.0M |
| Active participants, start / end of year | 27,126 / 32,247 |
| Participants with account balances | 7,853 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Frazier& Deeter |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $329,209 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015190212NAL0002794627001, received 2025-10-15, EIN 58-2198841, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.