Plan Snapshot
- Plan Sponsor: New England Air Systems, LLC
- Sponsor EIN: 271441645
- Sponsor Address: P.O. BOX 525, WILLISTON, VT, 05495
- Plan Type: 401(k)
- Total Participants: 121
- Total Assets: $13.4M
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 | 121 | $13.4M | $234,194 | $777,437 |
| 2023 | 121 | $13.5M | $221,661 | $731,366 |
| 2022 | 119 | $11.0M | $192,639 | $630,730 |
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 |
|---|---|---|---|---|
| MCSOLEY MCCOY & CO | 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 | $42,423 | $21,417 | $21,006 | — | — |
| 2023 | $33,052 | — | $33,052 | — | — |
| 2022 | $35,361 | $16,760 | $18,601 | — | — |