Plan Snapshot
- Plan Sponsor: Aerovironment, INC.
- Sponsor EIN: 952705790
- Sponsor Address: 900 INNOVATORS WAY, SIMI VALLEY, CA, 93065
- Plan Type: 401(k)
- Total Participants: 1,297
- Total Assets: $259.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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. |
|---|---|---|---|---|
| 2024 | 1,297 | $259.8M | $9.6M | $16.0M |
| 2023 | 1,251 | $218.3M | $7.7M | $13.1M |
| 2022 | 1,108 | $172.3M | $6.9M | $11.4M |
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 |
|---|---|---|---|---|
| MELONI HRIBAL TRATNER LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 |
|---|---|---|---|---|---|
| 2024 | $243,374 | $75,052 | — | — | — |
| 2023 | $221,865 | $90,379 | — | — | — |
| 2022 | $221,531 | — | — | — | — |