Firefly Aerospace Inc. 401(k) Review & Grade
Firefly Aerospace Inc. 401(k) Profit Sharing Plan & Trust
Cedar Park, TXManufacturing671 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$3,361Employer $ per active participant
$7,155Employee $ saved per active participant
0.79%Direct admin cost, % of plan assets
$23.5MNet plan assets, end of year
$36,084Average balance per account
Score breakdown
- Employer generosity33.8 / 5068th percentile for employer $ per participant
- Low cost2.6 / 2510th percentile for low admin cost vs. same-size plans
- Employee saving11.2 / 1574th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score51 / 100 · Grade C
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 68th |
| Lower admin cost | 10th |
| Employee saving | 74th |
| Peers that auto-enroll | 59% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
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
- Firefly Aerospace put in about $3,361 per active participant, more than the typical peer ($2,320). 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 (0.79% 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 | $2,255,008 |
| Participant (employee) contributions | $4,800,759 |
| Other contributions (incl. rollovers in) | $1,342,353 |
| Administrative expenses paid from the plan | $153,104 |
| Investment advisory & management fees | $43,379 |
| Benefits paid out | $2,658,400 |
| Net assets, start / end of year | $15.4M / $23.5M |
| Active participants, start / end of year | 677 / 665 |
| Participants with account balances | 651 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Bauer & Company |
Largest service providers (Schedule C)
| Adp, Inc. | $105,725 reported compensation |
| Creative Planning Holdco, LLC | $29,240 reported compensation |
| Creative Planning Holdco, LLC | $18,138 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250916052032NAL0001691281001, received 2025-09-16, EIN 81-5194980, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.