Plan Snapshot
- Plan Sponsor: Airsea Packing Group INC.
- Sponsor EIN: 112980792
- Sponsor Address: 40-35 22ND STREET, LONG ISLAND CITY, NY, 11101
- Plan Type: 401(k)
- Total Participants: 181
- Total Assets: $3.5M
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 | 181 | $3.5M | $136,613 | $391,192 |
| 2023 | 173 | $2.7M | $130,936 | $335,436 |
| 2022 | 152 | $1.9M | $103,910 | $282,181 |
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 |
|---|---|---|---|---|
| WITHUM SMITH & BROWN PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WITHUM SMITH & BROWN PC — Auditor
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 | $33,871 | $14,455 | $16,771 | — | — |
| 2023 | $24,965 | $10,402 | $12,203 | — | — |
| 2022 | $20,331 | $8,425 | $2,271 | — | $9,635 |