Netjets Aviation, Inc. 401(k) Review & Grade
Netjets Aviation, Inc. 401(k) Retirement Plan
Columbus, OHTransportation & Warehousing3,784 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$25,281Employer $ per active participant
$21,309Employee $ saved per active participant
0.07%Direct admin cost, % of plan assets
$2.5BNet plan assets, end of year
$546,232Average balance per account
Score breakdown
- Employer generosity49.6 / 5099th percentile for employer $ per participant
- Low cost17.4 / 2570th percentile for low admin cost vs. same-size plans
- Employee saving14.8 / 1598th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score89 / 100 · Grade A
This plan vs. peers
Peers: Transportation & Warehousing plans with 2,500–9,999 active participants (123 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 99th |
| Lower admin cost | 70th |
| Employee saving | 98th |
| Peers that auto-enroll | 46% |
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Red flags from the filing
Corrective distributions: the plan refunded $6,615 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Netjets Aviation put in about $25,281 per active participant, more than the typical peer ($1,834). 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.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- 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 | $95,676,995 |
| Participant (employee) contributions | $80,642,970 |
| Other contributions (incl. rollovers in) | $5,929,828 |
| Administrative expenses paid from the plan | $1,527,679 |
| Contract administrator fees | $11,251 |
| Investment advisory & management fees | $1,335,280 |
| Benefits paid out | $172,432,305 |
| Net assets, start / end of year | $2.1B / $2.5B |
| Active participants, start / end of year | 3,527 / 4,042 |
| Participants with account balances | 4,511 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | GBQ Partners , LLC |
Largest service providers (Schedule C)
| Schwab Retirement Plan Services,inc | $393,638 reported compensation |
| Independent Advisor Alliance | $279,505 reported compensation |
| Fisher Investments | $173,288 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251205093903NAL0007060178001, received 2025-12-05, EIN 31-0682096, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.