Plan Snapshot
- Plan Sponsor: Vornado Air, LLC
- Sponsor EIN: 134339727
- Sponsor Address: 415 E 13TH STREET, ANDOVER, KS, 67002
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 165
- Total Assets: $17.2M
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. |
|---|---|---|---|---|
| 2025 | 165 | $17.2M | $0 | $0 |
| 2024 | 151 | $15.7M | $442,380 | $1.2M |
| 2023 | 149 | $13.3M | $421,995 | $1.1M |
| 2022 | 143 | $10.7M | $393,621 | $1.0M |
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 |
|---|---|---|---|---|
| FORVIS MAZARS LLP | 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 |
|---|---|---|---|---|---|
| 2025 | $2,053,613 | — | — | — | — |
| 2024 | $3,931 | — | — | — | — |
| 2023 | $10,747 | — | — | — | — |
| 2022 | $12,398 | — | — | — | — |