Plan Snapshot
- Plan Sponsor: Avfuel Corporation
- Sponsor EIN: 382073252
- Sponsor Address: 47 WEST ELLSWORTH ROAD, ANN ARBOR, MI, 48108
- Plan Type: 401(k)
- Total Participants: 957
- Total Assets: $37.0M
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 | 957 | $37.0M | $965,455 | $2.2M |
| 2023 | 887 | $33.4M | $891,120 | $1.9M |
| 2022 | 912 | $28.0M | $780,609 | $1.7M |
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 | NONE | $46,721 | — | $46,721 |
| PRUDENTIAL RETIREMENT INSURANCE AND | RETAINED BY EMPLOYER | $26,159 | — | $26,159 |
| UBS FINANCIAL SERVICES, INC. | NONE | $23,225 | — | $23,225 |
| JOHN HANCOCK USA | RETAINED BY EMPLOYER | $11,698 | — | $11,698 |
| GRANT THORNTON LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- UBS FINANCIAL SERVICES, INC. — NONE
- JOHN HANCOCK USA — RETAINED BY EMPLOYER
- GRANT THORNTON LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $107,803
- Estimated Expense Ratio: 0.291% 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 | $108,366 | $23,273 | $85,093 | — | — |
| 2023 | $167,099 | $64,744 | $102,180 | — | — |
| 2022 | $195,708 | $65,716 | $129,717 | — | — |