Plan Snapshot
- Plan Sponsor: Flight Systems Industrial Products, INC.
- Sponsor EIN: 232859874
- Sponsor Address: 1015 HARRISBURG PIKE, CARLISLE, PA, 17013
- Plan Type: 401(k)
- Total Participants: 105
- 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 | 105 | $8.1M | $301,375 | $427,607 |
| 2023 | 104 | $7.6M | $274,359 | $390,877 |
| 2022 | 97 | $6.1M | $234,811 | $306,442 |
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 |
|---|---|---|---|---|
| WELLS FARGO ADVISORS | Investment Advisor | $23,041 | — | $23,041 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $23,041
- Estimated Expense Ratio: 0.284% 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 | $25,170 | — | $25,170 | — | — |
| 2023 | $22,525 | — | $22,525 | — | — |
| 2022 | $2,680 | — | — | — | $2,680 |