Plan Snapshot
- Plan Sponsor: Aar Corp.
- Sponsor EIN: 362334820
- Sponsor Address: 1100 NORTH WOOD DALE RD, WOOD DALE, IL, 60191
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 7,646
- Total Assets: $604.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 7,646 | $604.8M | $0 | $0 |
| 2024 | 4,137 | $557.3M | $9.6M | $28.4M |
| 2023 | 3,848 | $487.3M | $8.4M | $22.1M |
| 2022 | 2,912 | $386.8M | $10.3M | $19.9M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| THE VANGUARD GROUP, INC. | Other Service Provider | $380,973 | — | $380,973 |
| VANGUARD ADVISERS INC. | Other Service Provider | $26,506 | — | $26,506 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $407,479
- Estimated Expense Ratio: 0.067% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2025 | $79,415,396 | — | — | — | — |
| 2024 | $399,733 | — | — | — | — |
| 2023 | $351,504 | — | — | — | — |
| 2022 | $345,576 | — | — | — | — |