Plan Snapshot
- Plan Sponsor: Independent Pilots Association
- Sponsor EIN: 611171169
- Sponsor Address: 3607 FERN VALLEY ROAD, LOUISVILLE, KY, 402191916
- Plan Type: Health & Welfare
- Plan Number: 511
- Total Participants: 3,406
- Total Assets: $40.1M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 3,406 | $40.1M | $7.0M | $0 |
| 2023 | 3,435 | $29.9M | $7.3M | $0 |
| 2022 | 3,528 | $19.1M | $4.7M | $0 |
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 |
|---|---|---|---|---|
| BPAS | Recordkeeper | $233,193 | — | $233,193 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BPAS — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $233,193
- Estimated Expense Ratio: 0.582% 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 | $233,193 | — | — | — | — |
| 2023 | $213,721 | — | — | — | — |
| 2022 | $170,932 | — | — | — | — |