Plan Snapshot
- Plan Sponsor: Safran Aerosystems Services Americas, LLC
- Sponsor EIN: 391924117
- Sponsor Address: 101 WORLD DRIVE, PEACHTREE CITY, GA, 30269
- Plan Type: 401(k)
- Total Participants: 237
- Total Assets: $28.8M
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 | 237 | $28.8M | $852,780 | $1.4M |
| 2023 | 230 | $25.1M | $795,424 | $1.3M |
| 2022 | 224 | $21.2M | $723,789 | $1.1M |
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 |
|---|---|---|---|---|
| COHNREZNICK, LLP | Auditor | $24,675 | — | $24,675 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $24,675
- Estimated Expense Ratio: 0.086% 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 | $98,859 | $7,845 | — | $24,675 | — |
| 2023 | $25,484 | $13,409 | — | $12,075 | — |
| 2022 | $18,109 | $7,304 | — | — | — |