401(k)
2022 plan-year 401(k) DOL Form 5500

Aero Service Group 401(k) Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Aero Service Group, Inc. · Minnesota · Food Services & Accommodation

What the 2023 filing shows

Aero Service Group 401(k) Plan holds $1M for 111 participants — about $11,109 per participant, up 84.0% over the 2022 plan year.

$1M
total plan assets (2022 EOY)
111
covered participants
$11,109
avg assets per participant
+84.0%
assets growth YoY
Total Assets (2023)
$1M
Participants
111
State
Industry
Food Services & Accommodation

What the Filing Says About Aero Service Group 401(k) Plan

Aero Service Group 401(k) Plan is a 401(k) retirement plan sponsored by Aero Service Group, Inc., headquartered in Minnesota. As of the 2022 Form 5500 filing, the plan reports $1M in total end-of-year assets and covers 111 participants across the Food Services & Accommodation industry. The sponsor's EIN on file with the U.S. Department of Labor is 161714270, and the plan has been effective since 2020-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $670K at the beginning of 2022 to $1M at year-end — a gain of 84.0%. Net assets (after liabilities) closed the year at $1M, with reported net income of $526K driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$670K
Total Assets (End of Year)$1M
Net Assets (End of Year)$1M
Net Income$526K
Plan Type401(k)
Employer EIN161714270
Plan Effective Date2020-01-01
Filing StatusFILING RECEIVED

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Frequently Asked Questions

How much money is in the Aero Service Group 401(k) Plan?
As of the 2022 Form 5500 filing, Aero Service Group 401(k) Plan holds $1M in total assets with 111 participants. It is sponsored by Aero Service Group, Inc..
What type of plan is Aero Service Group 401(k) Plan?
Aero Service Group 401(k) Plan is a 401(k) plan. It has been effective since 2020-01-01. The plan is filed with the U.S. Department of Labor under EIN 161714270.
Who sponsors the Aero Service Group 401(k) Plan?
Aero Service Group 401(k) Plan is sponsored by Aero Service Group, Inc., located in Minnesota. The sponsor's EIN is 161714270 and the plan operates in the Food Services & Accommodation industry.
How did Aero Service Group 401(k) Plan perform in 2022?
Aero Service Group 401(k) Plan grew by 84.0% during 2022, moving from $670K to $1M in total assets. Net income was $526K.
Where can I find official filings for Aero Service Group 401(k) Plan?
Official Form 5500 filings for Aero Service Group 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 161714270 or plan name at efast.dol.gov.
How does Aero Service Group 401(k) Plan compare to other plans?
You can compare Aero Service Group 401(k) Plan against other 401(k) plans on the plan type page, or view plans in Minnesota on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 161714270.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.