Plan Snapshot
- Plan Sponsor: Kaiserair, INC.
- Sponsor EIN: 942452675
- Sponsor Address: PO BOX 2626, OAKLAND, CA, 94614
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 256
- Total Assets: $29.0M
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. |
|---|---|---|---|---|
| 2025 | 256 | $29.0M | $0 | $0 |
| 2024 | 157 | $25.8M | $390,282 | $915,281 |
| 2023 | 152 | $28.6M | $386,394 | $805,956 |
| 2022 | 153 | $26.4M | $687,374 | $751,941 |
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 |
|---|---|---|---|---|
| GLOBAL RETIREMENT PARTNERS LLC | Investment Advisor | $50,000 | — | $50,000 |
| EMPOWER ANNUITY INSURANCE COMPANY O | Recordkeeper | $33,367 | — | $33,367 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $83,367
- Estimated Expense Ratio: 0.287% 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 | $2,276,615 | — | — | — | — |
| 2024 | $50,000 | $50,000 | — | — | — |
| 2023 | $51,625 | $50,000 | — | — | — |
| 2022 | $54,444 | $50,000 | $3,444 | — | — |