Plan Snapshot
- Plan Sponsor: Avgol America, INC.
- Sponsor EIN: 582626494
- Sponsor Address: 178 AVGOL DR, MOCKSVILLE, NC, 270282558
- Plan Type: 401(k)
- Total Participants: 384
- Total Assets: $14.7M
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 | 384 | $14.7M | $575,345 | $992,835 |
| 2023 | 265 | $12.6M | $544,805 | $932,895 |
| 2022 | 260 | $10.3M | $506,652 | $860,763 |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $35,070 | — | $35,070 |
| FIRST HEARTLAND CONSULTANTS INC | ADVISOR | $31,149 | — | $31,149 |
| FORVIS MAZARS, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- FIRST HEARTLAND CONSULTANTS INC — ADVISOR
- FORVIS MAZARS, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $66,219
- Estimated Expense Ratio: 0.451% 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 | $68,470 | $33,400 | — | — | — |
| 2023 | $58,057 | $27,655 | — | — | — |
| 2022 | $58,632 | $2,526 | — | — | — |