Plan Snapshot
- Plan Sponsor: Corporate Flight Management, INC.
- Sponsor EIN: 621148507
- Sponsor Address: 808 BLUE ANGEL WAY, SMYRNA, TN, 37167
- Plan Type: 401(k)
- Total Participants: 688
- Total Assets: $9.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 688 | $9.7M | $926,968 | $1.4M |
| 2023 | 601 | $7.9M | $789,803 | $1.2M |
| 2022 | 492 | $6.0M | $634,161 | $927,223 |
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 |
|---|---|---|---|---|
| NAIL MCKINNEY, PA | 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 | $83,760 | — | — | — | — |
| 2023 | $52,015 | — | — | — | — |
| 2022 | $54,634 | — | — | — | — |