Metro Aviation, Inc. 401(k) Review & Grade
Metro Aviation, Inc. Employees' Deferred Saving and Retirement Plan
Shreveport, LATransportation & Warehousing1,195 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$4,486Employer $ per active participant
$10,499Employee $ saved per active participant
0.30%Direct admin cost, % of plan assets
$151.8MNet plan assets, end of year
$118,593Average balance per account
Score breakdown
- Employer generosity45.9 / 5092th percentile for employer $ per participant
- Low cost10.1 / 2540th percentile for low admin cost vs. same-size plans
- Employee saving14.3 / 1596th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score73 / 100 · Grade B
This plan vs. peers
Peers: Transportation & Warehousing plans with 500–2,499 active participants (392 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 92th |
| Lower admin cost | 40th |
| Employee saving | 96th |
| Peers that auto-enroll | 37% |
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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
- Metro Aviation put in about $4,486 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.
- 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 | $5,360,872 |
| Participant (employee) contributions | $12,545,854 |
| Other contributions (incl. rollovers in) | $1,610,318 |
| Administrative expenses paid from the plan | $424,640 |
| Contract administrator fees | $900 |
| Investment advisory & management fees | $326,439 |
| Benefits paid out | $15,868,772 |
| Net assets, start / end of year | $129.5M / $151.8M |
| Active participants, start / end of year | 1,182 / 1,208 |
| Participants with account balances | 1,280 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Hodges & Wreyford LLC |
Largest service providers (Schedule C)
| Raymond James & Associates Inc | $326,439 reported compensation |
| Fidelity Investments Institutional | $98,201 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251009202351NAL0011628176001, received 2025-10-09, EIN 72-0931049, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.