Plan Snapshot
- Plan Sponsor: Aero Thrust Holdings Dba Iaero Group
- Sponsor EIN: 320380152
- Sponsor Address: 202 CENTREPORT DRIVE SUITE 400, GREENSBORO, NC, 27409
- Plan Type: 401(k)
- Total Participants: 683
- Total Assets: $15.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2023 | 683 | $15.5M | $2.7M | $4.1M |
| 2022 | 1,124 | $9.1M | $1.9M | $3.9M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $181,976 | — | $181,976 |
| RESOURCES INVESTMENT ADVISORS LLC | Investment Advisor | $85,934 | — | $85,934 |
| CBIZ OPERATIONS INC. | Auditor | $36,200 | — | $36,200 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
- RESOURCES INVESTMENT ADVISORS LLC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $304,110
- Estimated Expense Ratio: 1.957% 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 |
|---|---|---|---|---|---|
| 2023 | $155,438 | $46,350 | — | $18,100 | — |
| 2022 | $85,317 | $1,100 | — | — | — |