Plan Snapshot
- Plan Sponsor: Sunvair Aerospace Group, INC.
- Sponsor EIN: 471204189
- Sponsor Address: 29145 THE OLD ROAD, VALENCIA, CA, 91355
- Plan Type: 401(k)
- Total Participants: 415
- Total Assets: $15.8M
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 | 415 | $15.8M | $710,321 | $1.2M |
| 2023 | 272 | $12.6M | $433,096 | $861,555 |
| 2022 | 252 | $10.4M | $311,587 | $583,136 |
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 |
|---|---|---|---|---|
| CETERA INVESTMENT ADVISORS LLC | ADVISOR | $32,340 | — | $32,340 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $30,393 | — | $30,393 |
| HEDMAN PARTNERS LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- HEDMAN PARTNERS LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $62,733
- Estimated Expense Ratio: 0.396% 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 | $67,207 | $36,814 | — | — | — |
| 2023 | $52,542 | $29,828 | — | — | — |
| 2022 | $960,479 | — | $28,952 | — | — |