# Air Mechanical, INC. 401(k) Plan
Source: https://planprovider.pro/companies/air-mechanical-inc-401k-plan-001-0322

> Air Mechanical, INC.&#39;s 401(k) plan: 154 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Air Mechanical, INC.

- **Sponsor EIN:** 411530322

- **Sponsor Address:** 16411 ABERDEEN STREET NE, HAM LAKE, MN, 553045427

- **Plan Type:** 401(k)

- **Total Participants:** 154

- **Total Assets:** $6.1M

## 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|154|$6.1M|$122,150|$479,049|

| 2023|133|$5.4M|$119,184|$448,707|

| 2022|124|$4.2M|$134,960|$508,683|

## 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|

| EMPOWER ANNUITY INSURANCE COMPANY|RECORDKEEPER|$18,944|—|$18,944|

| CHRISTENSEN GROUP FINANCIAL LLC|INVESTMENT ADVISOR|$17,158|—|$17,158|

| EMPOWER ADVISORY GROUP, LLC|INVESTMENT MGMT|$7,935|—|$7,935|

| BARTON, WALTER & KRIER, P.C.|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [BARTON, WALTER & KRIER, P.C.](https://planprovider.pro/provider/barton-walter-and-krier-pc) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $44,037

- **Estimated Expense Ratio:** 0.720% 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|$44,037|$25,093|—|—|—|

| 2023|$43,036|$20,993|—|—|—|

| 2022|$44,397|$23,170|$21,227|—|—|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/air-mechanical-inc-401k-plan-001-0322)

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