Plan Snapshot
- Plan Sponsor: New Flyer Holdings, INC.
- Sponsor EIN: 980468607
- Sponsor Address: 200 E. OAKTON STREET, DES PLAINES, IL, 60018
- Plan Type: 401(k)
- Plan Number: 003
- Total Participants: 2,930
- Total Assets: $51.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 2,930 | $51.1M | $0 | $0 |
| 2024 | 2,524 | $34.5M | $2.4M | $2.8M |
| 2023 | 1,559 | $26.8M | $1.5M | $1.9M |
| 2022 | 932 | $21.3M | $1.1M | $1.5M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | Other Service Provider | $236,069 | — | $236,069 |
| AON INVESTMENTS USA INC | Other Service Provider | $46,110 | — | $46,110 |
| EMPOWER ADVISORY GROUP, LLC | Other Service Provider | $27,314 | — | $27,314 |
| MILLER COOPER & CO LTD | Other Service Provider | $12,000 | — | $12,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $321,493
- Estimated Expense Ratio: 0.629% 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 |
|---|---|---|---|---|---|
| 2025 | $5,549,049 | $73,424 | — | $12,000 | — |
| 2024 | $174,779 | $58,217 | — | $3,500 | — |
| 2023 | $130,731 | $41,410 | — | $29,500 | — |
| 2022 | $153,059 | $67,097 | $69,962 | — | $16,000 |