Minnesota Air, INC. 401(k) Plan

Form 5500 filing data for plan year 2024.

Plan Snapshot

  • Plan Sponsor: Minnesota Air, INC.
  • Sponsor EIN: 411951020
  • Sponsor Address: 6901 W. OLD SHAKOPEE ROAD, BLOOMINGTON, MN, 554382683
  • Plan Type: 401(k)
  • Total Participants: 114
  • Total Assets: $20.7M

Key Plan Design Features

  • Auto-Enrollment: Yes
  • Auto-Escalation: No
  • Allows Roth Contributions: No
  • Participant Loans: Yes
  • Participant-Directed Investments: Yes
  • ERISA Section 404(c) Fiduciary Safe Harbor: Yes

Plan Financials by Year

YearParticipantsTotal AssetsEmployer Contrib.Employee Contrib.
2024114$20.7M$803,120$1.0M
202393$16.4M$851,463$1.0M
202284$15.2M$611,576$895,258

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