Plan Snapshot
- Plan Sponsor: Helicopter Express, INC.
- Sponsor EIN: 582219883
- Sponsor Address: 2025 FLIGHTWAY DR., CHAMBLEE, GA, 30341
- Plan Type: 401(k)
- Total Participants: 294
- Total Assets: $10.7M
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 | 294 | $10.7M | $611,872 | $1.4M |
| 2023 | 132 | $5.9M | $311,743 | $646,990 |
| 2022 | 127 | $4.0M | $246,743 | $540,153 |
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 |
|---|---|---|---|---|
| NORTHWESTERN MUTUAL WEALTH MGMT CO | Investment Advisor | $36,558 | — | $36,558 |
| EMPOWER ANNUITY INS. CO OF AMERICA | Recordkeeper | $30,798 | — | $30,798 |
| MY BENEFITS LLC | Other Service Provider | $1,800 | $8,159 | $9,959 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $77,315
- Estimated Expense Ratio: 0.721% 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 | $80,618 | $80,618 | — | — | — |
| 2023 | $47,307 | $47,307 | — | — | — |
| 2022 | $43,425 | $43,425 | — | — | — |