VT Mobile Aerospace Engineering, Inc. 401(k) Review & Grade
VT Mobile Aerospace Engineering, Inc. 401(k) Plan
Mobile, ALManufacturing710 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,957Employer $ per active participant
$2,721Employee $ saved per active participant
0.16%Direct admin cost, % of plan assets
$24.9MNet plan assets, end of year
$20,128Average balance per account
Score breakdown
- Employer generosity21.1 / 5042th percentile for employer $ per participant
- Low cost15.3 / 2561th percentile for low admin cost vs. same-size plans
- Employee saving2.9 / 1520th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score29 / 100 · Grade F
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 42th |
| Lower admin cost | 61th |
| Employee saving | 20th |
| Peers that auto-enroll | 59% |
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Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($3,966,908 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
Corrective distributions: the plan refunded $2,062 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- VT Mobile Aerospace Engineering put in about $1,957 per active participant, below the typical peer ($2,320). 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.
- The plan reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- 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 | $1,389,412 |
| Participant (employee) contributions | $1,931,599 |
| Other contributions (incl. rollovers in) | $56,687 |
| Administrative expenses paid from the plan | $38,852 |
| Investment advisory & management fees | $3,561 |
| Benefits paid out | $4,467,012 |
| Net assets, start / end of year | $23.5M / $24.9M |
| Active participants, start / end of year | 756 / 664 |
| Participants with account balances | 1,236 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Maudlin & Jenkins, LLC |
Largest service providers (Schedule C)
| Usi Consulting Group | $38,852 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015103812NAL0002256547001, received 2025-10-15, EIN 63-1030724, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.