Plan Snapshot
- Plan Sponsor: Amerijet International, INC.
- Sponsor EIN: 300001551
- Sponsor Address: 4500 N. W. 36TH STREET, MIAMI, FL, 33166
- Plan Type: 401(k)
- Total Participants: 678
- Total Assets: $22.6M
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 | 678 | $22.6M | $836,381 | $1.5M |
| 2023 | 766 | $20.7M | $984,857 | $1.7M |
| 2022 | 599 | $19.8M | $894,402 | $1.5M |
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 VANGUARD GROUP, INC. | NONE | $47,147 | — | $47,147 |
| M HOLDINGS SECURITIES | NONE | $30,734 | — | $30,734 |
| BELFINT.LYONS.SHUMAN | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- THE VANGUARD GROUP, INC. — NONE
- BELFINT.LYONS.SHUMAN — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $77,881
- Estimated Expense Ratio: 0.344% 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 | $77,881 | $30,734 | $47,147 | — | — |
| 2023 | $26,800 | $3,369 | $23,431 | — | — |
| 2022 | $51,221 | $28,842 | $22,379 | — | — |