Plan Snapshot
- Plan Sponsor: Airtek Construction INC
- Sponsor EIN: 631095304
- Sponsor Address: PO BOX 388, TROY, AL, 360810388
- Plan Type: 401(k)
- Total Participants: 301
- Total Assets: $19.4M
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 | 301 | $19.4M | $469,861 | $982,577 |
| 2023 | 241 | $15.9M | $371,377 | $799,510 |
| 2022 | 186 | $12.5M | $347,314 | $778,374 |
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 |
|---|---|---|---|---|
| THE HIGHLAND ACCOUNTING GROUP, INC. | 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 | $110,886 | — | $110,886 | — | — |
| 2023 | $87,336 | $51,210 | $36,126 | — | — |
| 2022 | $76,879 | $44,665 | $32,214 | — | — |