Plan Snapshot
- Plan Sponsor: Air Group, LLC
- Sponsor EIN: 223620908
- Sponsor Address: 1 PRINCE ROAD, WHIPPANY, NJ, 07981
- Plan Type: 401(k)
- Total Participants: 532
- Total Assets: $38.2M
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 | 532 | $38.2M | $995,129 | $2.5M |
| 2023 | 504 | $32.3M | $874,134 | $2.2M |
| 2022 | 510 | $26.6M | $898,523 | $2.1M |
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 |
|---|---|---|---|---|
| CITRIN COOPERMAN & CO 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 | $8,780 | — | — | — | — |
| 2023 | $9,662 | — | — | — | — |
| 2022 | $58,474 | — | — | — | — |