Plan Snapshot
- Plan Sponsor: Business Jet Center, Ltd.
- Sponsor EIN: 752691641
- Sponsor Address: 8611 LEMMON AVENUE, BLDG. H, DALLAS, TX, 75209
- Plan Type: 401(k)
- Total Participants: 169
- Total Assets: $6.9M
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 | 169 | $6.9M | $475,909 | $759,451 |
| 2023 | 146 | $5.9M | $439,126 | $714,929 |
| 2022 | 143 | $4.9M | $194,303 | $632,644 |
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 |
|---|---|---|---|---|
| COHNREZNICK | 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 | $39,805 | $31,496 | $7,100 | — | — |
| 2023 | $32,745 | $25,948 | $6,645 | — | — |
| 2022 | $29,169 | $25,212 | $3,957 | — | — |