Plan Snapshot
- Plan Sponsor: Grant Aviation, INC.
- Sponsor EIN: 920041471
- Sponsor Address: 6420 KULIS DRIVE, ANCHORAGE, AK, 99502
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 393
- Total Assets: $4.4M
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. |
|---|---|---|---|---|
| 2025 | 393 | $4.4M | $0 | $0 |
| 2024 | 331 | $2.6M | $349,403 | $787,789 |
| 2023 | 292 | $1.9M | $0 | $411,395 |
| 2022 | 286 | $247,751 | $0 | $260,663 |
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 |
|---|---|---|---|---|
| ALERA INVESTMENT ADVISORS, LLC | Other Service Provider | $14,963 | — | $14,963 |
| NWPS, INC | Other Service Provider | $9,902 | — | $9,902 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $24,865
- Estimated Expense Ratio: 0.560% 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 |
|---|---|---|---|---|---|
| 2025 | $237,363 | $14,693 | — | — | — |
| 2024 | $22,386 | $11,096 | — | — | — |
| 2023 | $4,569 | $1,386 | — | — | — |
| 2022 | $1,524 | — | $1,524 | — | — |