Plan Snapshot
- Plan Sponsor: Berry Aviation, INC.
- Sponsor EIN: 742288496
- Sponsor Address: 1807 AIRPORT DRIVE, SAN MARCOS, TX, 78666
- Plan Type: 401(k)
- Total Participants: 310
- Total Assets: $11.1M
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 | 310 | $11.1M | $736,749 | $1.6M |
| 2023 | 275 | $8.7M | $686,412 | $1.4M |
| 2022 | 327 | $5.9M | $357,267 | $1.3M |
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 | RECORDKEEPER | $20,347 | — | $20,347 |
| MERRILL LYNCH, PIERCE, FENNER AND S | RECORDKEEPER | $10,485 | — | $10,485 |
| ALLIANT INSURANCE SERVICES | INVESTMENT ADVISOR | $8,844 | — | $8,844 |
| FORVIS MAZARS, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FORVIS MAZARS, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $39,676
- Estimated Expense Ratio: 0.358% 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 | $31,131 | — | — | — | — |
| 2023 | $47,393 | — | — | — | — |
| 2022 | $47,620 | — | $47,620 | — | — |