Avfuel Corporation 401(k) Review & Grade
Avfuel Corporation 401k Savings Plan
Ann Arbor, MIWholesale Trade922 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,047Employer $ per active participant
$2,350Employee $ saved per active participant
0.31%Direct admin cost, % of plan assets
$37.0MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity12.7 / 5025th percentile for employer $ per participant
- Low cost9.9 / 2540th percentile for low admin cost vs. same-size plans
- Employee saving2.2 / 1514th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score28 / 100 · Grade F
This plan vs. peers
Peers: Wholesale Trade plans with 500–2,499 active participants (603 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 25th |
| Lower admin cost | 40th |
| Employee saving | 14th |
| Peers that auto-enroll | 53% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Avfuel put in about $1,047 per active participant, below the typical peer ($1,792). 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.
- 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 | $965,455 |
| Participant (employee) contributions | $2,166,635 |
| Other contributions (incl. rollovers in) | $378,899 |
| Administrative expenses paid from the plan | $108,366 |
| Contract administrator fees | $85,093 |
| Investment advisory & management fees | $23,273 |
| Benefits paid out | $3,406,249 |
| Net assets, start / end of year | $33.4M / $37.0M |
| Active participants, start / end of year | 887 / 957 |
| Participants with account balances | 407 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Grant Thornton LLP |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company | $46,721 reported compensation |
| Prudential Retirement Insurance and | $26,159 reported compensation |
| Ubs Financial Services, Inc. | $23,225 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014124553NAL0001364931001, received 2025-10-14, EIN 38-2073252, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.