Plan Snapshot
- Plan Sponsor: Firstmark Aerospace Corporation
- Sponsor EIN: 300085548
- Sponsor Address: 1176 TELECOM DRIVE, CREEDMOOR, NC, 27522
- Plan Type: DB
- Total Participants: 4
- Total Assets: $7.3M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 4 | $7.3M | $0 | $0 |
| 2023 | 5 | $7.1M | $0 | $0 |
| 2022 | 6 | $6.8M | $0 | $0 |
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 |
|---|---|---|---|---|
| BDO USA, P.C. | Auditor | $25,190 | — | $25,190 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BDO USA, P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $25,190
- Estimated Expense Ratio: 0.346% 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 | $111,742 | $15,000 | — | $25,190 | — |
| 2023 | $163,555 | $42,256 | — | $16,000 | — |
| 2022 | $113,217 | $33,141 | — | — | $51,092 |