Plan Snapshot
- Plan Sponsor: Flight Check, LLC
- Sponsor EIN: 364569600
- Sponsor Address: 516 NORTH YORK ROAD, BENSENVILLE, IL, 60106
- Plan Type: 401(k)
- Total Participants: 266
- Total Assets: $12.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 266 | $12.7M | $607,501 | $1.1M |
| 2023 | 257 | $10.6M | $554,085 | $960,157 |
| 2022 | 260 | $8.4M | $469,004 | $916,775 |
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 |
|---|---|---|---|---|
| SCP RETIREMENT SERVICES LLC | THIRD PARTY ADMINISTRATOR | — | $5,490 | $5,490 |
| CASSELL PLAN AUDITS, P.C. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $5,490
- Estimated Expense Ratio: 0.043% 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 | $7,750 | — | $7,750 | — | — |
| 2023 | $9,200 | — | $9,200 | — | — |
| 2022 | $6,700 | — | — | — | $6,700 |