Netjets Aviation, INC. 401(k) Plan

Form 5500 filing data for plan year 2024.

Plan Snapshot

  • Plan Sponsor: Netjets Aviation, INC.
  • Sponsor EIN: 310682096
  • Sponsor Address: 4111 BRIDGEWAY AVENUE, COLUMBUS, OH, 43219
  • Plan Type: 401(k)
  • Total Participants: 4,042
  • Total Assets: $2.5B

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

YearParticipantsTotal AssetsEmployer Contrib.Employee Contrib.
20244,042$2.5B$95.7M$80.6M
20233,522$2.1B$78.3M$71.7M
20223,128$1.7B$72.2M$62.3M

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
SCHWAB RETIREMENT PLAN SERVICES,INCRecordkeeper$393,638$393,638
INDEPENDENT ADVISOR ALLIANCEOther Service Provider$279,505$279,505
FISHER INVESTMENTSRecordkeeper$173,288$173,288
LEADING EDGEOther Service Provider$77,402$77,402
PRIVATE CLIENT SERVICES LLCOther Service Provider$62,289$62,289
FINANCIAL ENGINES ADVISORS LLCOther Service Provider$55,145$55,145
LCG ASSOCIATES INCOther Service Provider$46,556$46,556
CREATIVE PLANNING LLCInvestment Advisor$27,202$27,202
CERITY PARTNERS LLCOther Service Provider$26,803$26,803
LEE JOHNSON CAPITAL MANAGEMENTOther Service Provider$25,068$25,068
TOTAL INVESTMENT MANAGEMENT INOther Service Provider$24,674$24,674
NOVAPOINT CAPITAL LLCOther Service Provider$19,908$19,908
STRATOS WEALTH PARTNERS LTDOther Service Provider$19,043$19,043
GBQ PARTNERS LLCAuditor$17,500$17,500
CHARLES SCHWAB & CO., INC.Recordkeeper$16,420$65$16,485
MARINER LLCOther Service Provider$15,472$15,472
NORRIS PERNE & FRENCHOther Service Provider$15,345$15,345
SPECTRUM FINANCIAL ALLIANCEOther Service Provider$14,929$14,929
MCADAM LLCOther Service Provider$13,041$13,041
FROST BROWN TODD LLCOther Service Provider$13,011$13,011
STRATOS WEALTH ADVISORS LLCOther Service Provider$12,537$12,537
HAMILTON CAPITAL LLCOther Service Provider$11,980$11,980
FRAZIER FINANCIAL ADVISORS LLCInvestment Advisor$10,815$10,815
GLASSMAN WEALTH SERVICES LLCOther Service Provider$10,616$10,616
HIGHTOWER ADVISORS LLCOther Service Provider$10,278$10,278
LMCG INVESTMENTS LLCOther Service Provider$9,688$9,688
LIDO ADVISORS LLCOther Service Provider$9,076$9,076
DEMAURIAC LLCOther Service Provider$9,006$9,006
ENVESTNET ASSET MANAGEMENT INCOther Service Provider$8,787$8,787
MOUNTAIN CAPITAL INVESTMENT ADOther Service Provider$8,778$8,778
BRIGHT ROAD WEALTH MANAGEMENTInvestment Advisor$7,995$7,995
WHITAKER-MYERS WEALTH MANAGERSOther Service Provider$6,487$6,487
NEW HARBOR FINANCIAL GROUP LLCOther Service Provider$6,184$6,184
FOCUS PARTNERS WEALTH LLCOther Service Provider$6,166$6,166
CWM LLCInvestment Advisor$6,085$6,085
SNS FINANCIAL GROUP LLCOther Service Provider$5,897$5,897
TURNER CAPITAL INVESTMENTS LLCOther Service Provider$5,818$5,818
HICKEY, KYLEOther Service Provider$5,723$5,723

Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

  • Total Service Provider Fees: $1,488,220
  • Estimated Expense Ratio: 0.060% 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$1,527,679$1,335,280$11,251$17,500
2023$1,064,618$897,510$30,609
2022$938,425$673,179$37,118

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