Plan Snapshot
- Plan Sponsor: Covenant Aviation Security, LLC
- Sponsor EIN: 352161799
- Sponsor Address: 1112 W BOUGHTON RD, BOLINGBROOK, IL, 60440
- Plan Type: 401(k)
- Total Participants: 2,404
- Total Assets: $108.1M
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 | 2,404 | $108.1M | $2.9M | $7.2M |
| 2023 | 1,915 | $94.3M | $2.7M | $6.6M |
| 2022 | 1,771 | $77.4M | $2.2M | $5.3M |
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 |
|---|---|---|---|---|
| MILLER COOPER & CO., LTD | Auditor | $26,501 | — | $26,501 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MILLER COOPER & CO., LTD — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $26,501
- Estimated Expense Ratio: 0.025% 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 | $294,533 | $70,000 | $300 | $26,501 | — |
| 2023 | $264,844 | $70,000 | — | $25,000 | — |
| 2022 | $270,149 | — | — | — | — |