Plan Snapshot
- Plan Sponsor: Segers Aero Corporation
- Sponsor EIN: 650148112
- Sponsor Address: 8100 MCGOWIN DRIVE, FAIRHOPE, AL, 365325591
- Plan Type: 401(k)
- Total Participants: 168
- Total Assets: $5.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 168 | $5.3M | $368,281 | $577,115 |
| 2023 | 152 | $4.0M | $293,479 | $479,099 |
| 2022 | 134 | $3.1M | $250,561 | $395,237 |
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 |
|---|---|---|---|---|
| WARREN AVERETT, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WARREN AVERETT, LLC — Auditor
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 | $44,779 | $20,473 | $24,306 | — | — |
| 2023 | $37,782 | $15,922 | $21,860 | — | — |
| 2022 | $33,770 | $14,253 | $19,517 | — | — |