Plan Snapshot
- Plan Sponsor: Aermor, LLC
- Sponsor EIN: 272286039
- Sponsor Address: 207 BUSINESS PARK DRIVE, SUITE 100, VIRGINIA BEACH, VA, 23462
- Plan Type: 401(k)
- Total Participants: 234
- Total Assets: $9.8M
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 | 234 | $9.8M | $280,641 | $1.6M |
| 2023 | 278 | $8.5M | $304,337 | $1.4M |
| 2022 | 240 | $6.1M | $217,671 | $1.1M |
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 |
|---|---|---|---|---|
| FORVIS MAZARS, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FORVIS MAZARS, LLP — Auditor
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 | $97,547 | — | — | — | — |
| 2023 | $88,721 | — | — | — | — |
| 2022 | $80,464 | — | $71,953 | — | $8,511 |