Plan Snapshot
- Plan Sponsor: Air Cruisers Company, LLC
- Sponsor EIN: 061644713
- Sponsor Address: 1747 HIGHWAY 34 SOUTH, WALL, NJ, 077273935
- Plan Type: 401(k)
- Total Participants: 371
- Total Assets: $73.4M
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. |
|---|---|---|---|---|
| 2024 | 371 | $73.4M | $2.6M | $2.2M |
| 2023 | 385 | $68.1M | $2.6M | $2.3M |
| 2022 | 313 | $56.4M | $2.2M | $1.8M |
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 |
|---|---|---|---|---|
| COHNREZNICK LLP | Auditor | $28,875 | — | $28,875 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $28,875
- Estimated Expense Ratio: 0.039% 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 |
|---|---|---|---|---|---|
| 2024 | $73,657 | $25,500 | $19,282 | $28,875 | — |
| 2023 | $77,697 | $24,000 | $26,397 | $27,300 | — |
| 2022 | $67,568 | $24,000 | $19,418 | — | $24,150 |