Plan Snapshot
- Plan Sponsor: Air Power, INC.
- Sponsor EIN: 560898308
- Sponsor Address: 1430 TRINITY AVENUE, HIGH POINT, NC, 27260
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 128
- Total Assets: $18.8M
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. |
|---|
| 2023 | 128 | $18.8M | $1.0M | $700,675 |
| 2022 | 131 | $18.9M | $950,732 | $623,783 |