Plan Snapshot
- Plan Sponsor: Cummings Aerospace
- Sponsor EIN: 300570107
- Sponsor Address: 7100 REDSTONE GATEWAY SW, HUNTSVILLE, AL, 35808
- Plan Type: 401(k)
- Total Participants: 74
- Total Assets: $8.1M
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 | 74 | $8.1M | $473,026 | $809,576 |
| 2023 | 83 | $6.5M | $406,236 | $734,738 |
| 2022 | 74 | $5.1M | $390,826 | $731,392 |
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 |
|---|---|---|---|---|
| FRAZIER & DEETER, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FRAZIER & DEETER, LLC — Auditor
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 | $64,892 | $28,494 | $3,125 | — | — |
| 2023 | $51,489 | $22,414 | $2,285 | — | — |
| 2022 | $39,828 | $18,103 | $21,075 | — | — |