Waters Aero-Marine, INC. Dba Penobscot Island Air 401(k) Plan

Form 5500 filing data for plan year 2024.

Plan Snapshot

  • Plan Sponsor: Waters Aero-Marine, INC. Dba Penobscot Island Air
  • Sponsor EIN: 202017905
  • Sponsor Address: 45 WHITE PINE ROAD, HERMON, ME, 04401
  • Plan Type: 401(k)
  • Total Participants: 12
  • Total Assets: $3.1M

Key Plan Design Features

  • Auto-Enrollment: Yes
  • Auto-Escalation: No
  • Allows Roth Contributions: No
  • Participant Loans: No
  • Participant-Directed Investments: No
  • ERISA Section 404(c) Fiduciary Safe Harbor: Yes

Plan Financials by Year

YearParticipantsTotal AssetsEmployer Contrib.Employee Contrib.
202412$3.1M$0$1,928
202312$3.1M$0$1,928
202212$824,607$245$25,811