Aevex Aerospace, LLC 401(k) Review & Grade
Aevex Aerospace, LLC 401(k) Plan
Solana Beach, CAProfessional, Scientific & Technical Services611 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$3,284Employer $ per active participant
$7,560Employee $ saved per active participant
0.26%Direct admin cost, % of plan assets
$49.7MNet plan assets, end of year
$71,799Average balance per account
Score breakdown
- Employer generosity26.8 / 5054th percentile for employer $ per participant
- Low cost11.5 / 2546th percentile for low admin cost vs. same-size plans
- Employee saving5.8 / 1539th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score44 / 100 · Grade D
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 54th |
| Lower admin cost | 46th |
| Employee saving | 39th |
| Peers that auto-enroll | 48% |
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Red flags from the filing
Corrective distributions: the plan refunded $5,304 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Aevex Aerospace put in about $3,284 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.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- 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 | $2,006,704 |
| Participant (employee) contributions | $4,619,374 |
| Other contributions (incl. rollovers in) | $1,910,546 |
| Administrative expenses paid from the plan | $118,035 |
| Contract administrator fees | $82,255 |
| Investment advisory & management fees | $35,780 |
| Benefits paid out | $5,990,389 |
| Net assets, start / end of year | $41.7M / $49.7M |
| Active participants, start / end of year | 594 / 628 |
| Participants with account balances | 692 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Baker Tilly US, LLP |
Largest service providers (Schedule C)
| John Hancock | $82,255 reported compensation |
| Fiducent Advisors | $35,780 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250922121730NAL0002129091001, received 2025-09-22, EIN 81-5298757, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.