Plan Snapshot
- Plan Sponsor: Xojet Aviation, LLC
- Sponsor EIN: 710994172
- Sponsor Address: 100 SE 3RD AVE STE 2500, FORT LAUDERDALE, FL, 33394
- Plan Type: 401(k)
- Total Participants: 1,612
- Total Assets: $133.2M
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 | 1,612 | $133.2M | $13.0M | $19.2M |
| 2023 | 1,693 | $109.5M | $10.9M | $18.7M |
| 2022 | 1,824 | $80.1M | $5.9M | $9.3M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $189,903 | — | $189,903 |
| NEWFRONT RETIREMENT SERVICES INC | ADVISOR | $74,946 | — | $74,946 |
| CARON & BLETZER, PLLC | ACCOUNTANT/AUDITOR | $29,500 | — | $29,500 |
| THE ANGEL PENSION GROUP INC | CONSULTANT | $19,500 | — | $19,500 |
| STROEMER AND COMPLANY, LLC | CONSULTANT | $10,315 | — | $10,315 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- CARON & BLETZER, PLLC — ACCOUNTANT/AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $324,164
- Estimated Expense Ratio: 0.243% 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 | $321,014 | $74,946 | $1,201 | $29,500 | — |
| 2023 | $237,647 | $95,838 | $300 | — | — |
| 2022 | $155,073 | — | — | — | — |