Plan Snapshot
- Plan Sponsor: Kalitta Air, LLC
- Sponsor EIN: 383512795
- Sponsor Address: 818 WILLOW RUN AIRPORT, YPSILANTI, MI, 481980899
- Plan Type: 401(k)
- Total Participants: 3,783
- Total Assets: $340.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 3,783 | $340.8M | $25.4M | $29.7M |
| 2023 | 3,192 | $265.1M | $18.8M | $27.0M |
| 2022 | 2,911 | $197.3M | $14.5M | $24.5M |
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 |
|---|---|---|---|---|
| REHMANN ROBSON LLC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $61,428 | — | — | — | — |
| 2023 | $50,816 | — | — | — | — |
| 2022 | $46,269 | — | — | — | — |