Plan Snapshot
- Plan Sponsor: Netjets INC.
- Sponsor EIN: 510383060
- Sponsor Address: 4111 BRIDGEWAY AVENUE, COLUMBUS, OH, 43219
- Plan Type: 401(k)
- Total Participants: 3,191
- Total Assets: $835.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 3,191 | $835.6M | $25.2M | $48.1M |
| 2023 | 2,951 | $702.5M | $23.7M | $43.4M |
| 2022 | 2,587 | $557.7M | $19.1M | $35.7M |
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 INC | Recordkeeper | $212,738 | — | $212,738 |
| LCG ASSOCIATES INC | Other Service Provider | $43,444 | — | $43,444 |
| WHITAKER-MYERS WEALTH MANAGERS | Other Service Provider | $16,803 | — | $16,803 |
| GBQ PARTNERS LLC | Auditor | $16,000 | — | $16,000 |
| ABOUND WEALTH MANAGEMENT LLC | Investment Advisor | $12,151 | — | $12,151 |
| ENVESTNET ASSET MANAGEMENT INC | Other Service Provider | $11,619 | — | $11,619 |
| FISHER INVESTMENTS | Recordkeeper | $10,764 | — | $10,764 |
| HAMILTON CAPITAL LLC | Other Service Provider | $8,110 | — | $8,110 |
| MISSION WEALTH MANAGEMENT LP | Other Service Provider | $5,809 | — | $5,809 |
| ASSET DEDICATION LLC | Other Service Provider | $5,573 | — | $5,573 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SCHWAB RETIREMENT PLAN SERVICES INC — Recordkeeper
- GBQ PARTNERS LLC — Auditor
- ABOUND WEALTH MANAGEMENT LLC — Investment Advisor
- FISHER INVESTMENTS — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $343,011
- Estimated Expense Ratio: 0.041% 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 | $394,806 | $231,678 | $1,267 | $16,000 | — |
| 2023 | $324,256 | $174,412 | $23,852 | — | — |
| 2022 | $321,840 | $121,902 | — | — | $36,215 |