Plan Snapshot
- Plan Sponsor: North Star Aviation
- Sponsor EIN: 411251295
- Sponsor Address: 3030 AIRPORT ROAD NORTH, MANKATO, MN, 56001
- Plan Type: 401(k)
- Total Participants: 286
- Total Assets: $2.6M
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 | 286 | $2.6M | $294,916 | $377,794 |
| 2023 | 219 | $1.9M | $237,209 | $321,577 |
| 2022 | 191 | $1.3M | $179,249 | $234,620 |
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 |
|---|---|---|---|---|
| COULTER & JUSTUS | 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 | $34,763 | — | $18,096 | — | — |
| 2023 | $26,466 | — | — | — | — |
| 2022 | $23,247 | — | $23,247 | — | — |