Plan Snapshot
- Plan Sponsor: Icon Aircraft, INC.
- Sponsor EIN: 205147443
- Sponsor Address: 2141 ICON WAY, SUITE 100, VACAVILLE, CA, 95688
- Plan Type: 401(k)
- Total Participants: 57
- Total Assets: $3.9M
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. |
|---|---|---|---|---|
| 2023 | 57 | $3.9M | $0 | $460,586 |
| 2022 | 61 | $3.5M | $0 | $422,792 |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $22,940 | — | $22,940 |
| SILICON VALLEY RETIREMENT SERVICES | ADVISOR | $16,816 | — | $16,816 |
| AUDIT AND TAX SOLUTION CPAS, INC. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- SILICON VALLEY RETIREMENT SERVICES — ADVISOR
- AUDIT AND TAX SOLUTION CPAS, INC. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $39,756
- Estimated Expense Ratio: 1.031% 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 |
|---|---|---|---|---|---|
| 2023 | $19,878 | $8,408 | — | — | — |
| 2022 | $2,573 | — | — | — | — |