Plan Snapshot
- Plan Sponsor: Spirit Airlines, INC.
- Sponsor EIN: 381747023
- Sponsor Address: 1731 RADIANT DRIVE, DANIA BEACH, FL, 33004
- Plan Type: 401(k)
- Total Participants: 3,199
- Total Assets: $1.2B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 3,199 | $1.2B | $108.4M | $47.2M |
| 2023 | 3,658 | $948.1M | $94.3M | $43.6M |
| 2022 | 3,163 | $691.2M | $74.1M | $36.4M |
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 |
|---|---|---|---|---|
| SCHWAB RETIREMENT PLAN SERVICES INC | NONE | $170,397 | — | $170,397 |
| ALLWORTH FINANCIAL LP | NONE | $52,503 | — | $52,503 |
| CHARLES SCHWAB & CO., INC. | NONE | $30,162 | — | $30,162 |
| BONFIRE FINANCIAL LLC | NONE | $26,458 | — | $26,458 |
| MORNINGSTAR INVESTMENT SERVICE | NONE | $25,598 | — | $25,598 |
| CBIZ CPAS P.C. | NONE | $22,400 | — | $22,400 |
| CREATIVE PLANNING LLC | NONE | $20,616 | — | $20,616 |
| SYMPHONY FINANCIAL LTD. CO | NONE | $17,216 | — | $17,216 |
| RWQ FINANCIAL MANAGEMENT SERVI | NONE | $14,635 | — | $14,635 |
| MOUNTAIN CAPITAL INVESTMENT AD | NONE | $7,966 | — | $7,966 |
| LITTLE HOUSE CAPITAL LLC | NONE | $7,738 | — | $7,738 |
| ZWJ INVESTMENT COUNSEL INC | NONE | $6,442 | — | $6,442 |
| FISHER INVESTMENTS | NONE | $6,325 | — | $6,325 |
| BRINKER CAPITAL INVESTMENTS LL | NONE | $6,315 | — | $6,315 |
| STONEBRIDGE CAPITAL ADVISORS L | NONE | $5,564 | — | $5,564 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SCHWAB RETIREMENT PLAN SERVICES INC — NONE
- CHARLES SCHWAB & CO., INC. — NONE
- MORNINGSTAR INVESTMENT SERVICE — NONE
- CREATIVE PLANNING LLC — NONE
- FISHER INVESTMENTS — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $420,335
- Estimated Expense Ratio: 0.036% 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 | $457,328 | $415,278 | — | $22,400 | — |
| 2023 | $260,389 | $239,089 | — | — | — |
| 2022 | $190,017 | $106,077 | — | — | — |