Plan Snapshot
- Plan Sponsor: Sky Bird Travel & Tours, INC.
- Sponsor EIN: 382113644
- Sponsor Address: 24701 SWANSON ROAD, SOUTHFIELD, MI, 48033
- Plan Type: 401(k)
- Total Participants: 85
- Total Assets: $19.7M
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 | 85 | $19.7M | $0 | $522,207 |
| 2023 | 83 | $18.4M | $61,055 | $497,367 |
| 2022 | 78 | $15.9M | $111,389 | $443,870 |
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 |
|---|---|---|---|---|
| NPD GROUP CPA PC | 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 | $62,679 | $9,698 | — | — | — |
| 2023 | $91,045 | $44,011 | $1,850 | — | — |
| 2022 | $97,173 | $43,583 | $44,839 | — | $8,751 |