Plan Snapshot
- Plan Sponsor: Foreflight LLC
- Sponsor EIN: 261496133
- Sponsor Address: 2323 S SHEPHERD DRIVE, HOUSTON, TX, 77019
- Plan Type: 401(k)
- Total Participants: 434
- Total Assets: $41.9M
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 | 434 | $41.9M | $4.5M | $5.1M |
| 2023 | 390 | $27.4M | $3.4M | $3.6M |
| 2022 | 283 | $17.9M | $2.5M | $2.7M |
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 |
|---|---|---|---|---|
| USI SECURITIES INC | INVESTMENT ADVISOR | $61,191 | — | $61,191 |
| FID INV INST OPS CO | RECORDKEEPER | $46,710 | — | $46,710 |
| STRATEGIC ADVISORS, INC. | INVESTMENT ADVISOR | $5,924 | — | $5,924 |
| BAKER TILLY US, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FID INV INST OPS CO — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — INVESTMENT ADVISOR
- BAKER TILLY US, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $113,825
- Estimated Expense Ratio: 0.272% 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 | $113,825 | $67,115 | — | — | — |
| 2023 | $70,111 | $41,411 | — | — | — |
| 2022 | $9,752 | $4,180 | — | — | — |