Retirement plan

AIR WISCONSIN PILOTS 401(K) PLAN

Name: AIR WISCONSIN AIRLINES LLC - AIR WISCONSIN PILOTS 401(K) PLAN (2020) Form 5500
Creator: AIR WISCONSIN AIRLINES LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AIR WISCONSIN PILOTS 401(K) PLAN, AIR WISCONSIN AIRLINES LLC

AIR WISCONSIN AIRLINES LLCEIN 39-1767281Plan #007PY 2020

W6390 CHALLENGER DR., SUITE 203 - APPLETON, WI 549149120920-739-5123airwis.comLinkedIn1001-5000 employeesairlines/aviation

Other plans on this EIN

3 filings

#006Retirement-$52.0M assets #008Retirement-$32.7M assets #010Retirement-$13.2M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$123.6M

+13.0% from 2019

Total participants

969

-6.9% from 2019

Average account balance

$128,217

+19.4% from 2019

Annual return

17.89%

-4.86 pp from 2019

Benchmarks

See 659 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants250-999

Cohort659 peers

Snapshot2020

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$117.04M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$156K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

750

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

93.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$7.66M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$23K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+13.93%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$143

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 4 by compensation

Provider	Service type	Compensation
GARY M. TIBONI, CPA4 years Filed as: GARY R MILLER Service code 14 821 OAKLAWN AVE · E MOLINE, IL 61244	Plan Administrator	$27,974
T ROWE PRICE RPS INC6+ years Service code 15 100 EAST PRATT STREET · BALTIMORE, MD 21202	Recordkeeping	$7,860
BAKER TILLY US, LLP2 years Service code 10 205 NORTH MICHIGAN AVE · CHICAGO, IL 60601	Accounting	$7,850
SAGEVIEW ADVISORY GROUP, LLC1 year Filed as: SAGEVIEW ADVISORY GROUP LLC Service code 16 1920 MAIN STREET · IRVINE, CA 92614	Consulting	$7,691

Plan features & details

Pension benefit codes2E2F2G2J2K2S2T

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$52K

$98 / participant

Contract admin$28K53.6%
Other / not subdivided$24K46.4%

% of EOY assets

0.042%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BAKER TILLY US, LLP
Auditor EIN: 390859910
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$128,217

$51,288+150.0%

$81,982+56.4%

$73,412+74.7%

Participation rate

99.1%

64.0%+35.1pp

69.3%+29.8pp

72.2%+26.9pp

Annual return

17.89%

29.48%-11.6pp

41.31%-23.4pp

59.30%-41.4pp

Employer contribution / active EE

$3,964

$1,487+166.6%

$2,498+58.7%

$2,234+77.5%

Participant deferral / active EE

$6,884

$2,715+153.5%

$3,722+84.9%

$3,806+80.9%

Admin fee / account holder

$54

$125-56.8%

$5,665-99.0%

$158-65.7%

Provider

Service type

Compensation

GARY M. TIBONI, CPA4 years

Filed as: GARY R MILLER

Service code 14

821 OAKLAWN AVE · E MOLINE, IL 61244

Plan Administrator

$27,974

T ROWE PRICE RPS INC6+ years

Service code 15

100 EAST PRATT STREET · BALTIMORE, MD 21202

Recordkeeping

$7,860

BAKER TILLY US, LLP2 years

Service code 10

205 NORTH MICHIGAN AVE · CHICAGO, IL 60601

Accounting

$7,850

SAGEVIEW ADVISORY GROUP, LLC1 year

Filed as: SAGEVIEW ADVISORY GROUP LLC

Service code 16

1920 MAIN STREET · IRVINE, CA 92614

Consulting

$7,691

AIR WISCONSIN PILOTS 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AIR WISCONSIN PILOTS 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion