Plan Snapshot
- Plan Sponsor: Metro Aviation, INC.
- Sponsor EIN: 720931049
- Sponsor Address: P. O. BOX 7008, SHREVEPORT, LA, 711377008
- Plan Type: 401(k)
- Total Participants: 1,208
- Total Assets: $151.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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. |
|---|---|---|---|---|
| 2024 | 1,208 | $151.8M | $5.4M | $12.5M |
| 2023 | 1,182 | $129.5M | $5.2M | $11.6M |
| 2022 | 1,106 | $104.5M | $4.5M | $10.2M |
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 |
|---|---|---|---|---|
| HODGES & WREYFORD 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 | $424,640 | $326,439 | $900 | — | — |
| 2023 | $339,954 | $265,928 | $1,500 | — | — |
| 2022 | $340,004 | $4,557 | — | — | — |