# Firstmark Aerospace Corporation DB Plan
Source: https://planprovider.pro/companies/firstmark-aerospace-corporation-plan

> Firstmark Aerospace Corporation's DB plan: 4 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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.](https://planprovider.pro/provider/bdo-usa-pc) — 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|

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