Standardaero Business Aviation Services, Inc. 401(k) Review & Grade
Standardaero 401k Savings Plan
Scottsdale, AZTransportation & Warehousing4,132 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$3,145Employer $ per active participant
$5,222Employee $ saved per active participant
0.04%Direct admin cost, % of plan assets
$364.0MNet plan assets, end of year
$98,055Average balance per account
Score breakdown
- Employer generosity36.1 / 5072th percentile for employer $ per participant
- Low cost20.6 / 2582th percentile for low admin cost vs. same-size plans
- Employee saving9.5 / 1563th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score69 / 100 · Grade B
This plan vs. peers
Peers: Transportation & Warehousing plans with 2,500–9,999 active participants (123 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 72th |
| Lower admin cost | 82th |
| Employee saving | 63th |
| Peers that auto-enroll | 46% |
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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
- Standardaero Business Aviation Services put in about $3,145 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.
- 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 | $12,992,502 |
| Participant (employee) contributions | $21,576,079 |
| Other contributions (incl. rollovers in) | $3,670,637 |
| Administrative expenses paid from the plan | $147,961 |
| Other admin expenses | $147,961 |
| Benefits paid out | $42,499,707 |
| Net assets, start / end of year | $333.4M / $364.0M |
| Active participants, start / end of year | 3,928 / 4,335 |
| Participants with account balances | 3,712 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Cbiz Cpas P.C. |
| Employer stock held by plan | $624,953 |
Largest service providers (Schedule C)
| Merrill Lynch, Pierce, Fenner and S | $94,987 reported compensation |
| Ameriprise Financial Services | $33,000 reported compensation |
| Cbiz Cpas P.C. | $19,950 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250716104845NAL0004732752001, received 2025-07-16, EIN 52-1956503, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.