Plan Snapshot
- Plan Sponsor: Kencoa Aerospace LLC
- Sponsor EIN: 582422314
- Sponsor Address: P.O. BOX 1028, EASTMAN, GA, 31023
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 38
- Total Assets: $2,102
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 | 38 | $2,102 | $206,202 | $130,355 |
| 2023 | 30 | $823 | $126,708 | $131,525 |
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 |
|---|---|---|---|---|
| CAPSTONE HIRE BENEFITS CONSULTING L | Investment Advisor | $15,104 | — | $15,104 |
| THE BENECON GROUP | Investment Advisor | $13,830 | — | $13,830 |
| MERITAIN HEALTH, AN AETNA COMPANY | Other Service Provider | $12,608 | — | $12,608 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $41,542
- Estimated Expense Ratio: 1976.308% 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 | $337,024 | — | — | — | — |
| 2023 | $277,053 | — | — | — | — |