Retirement plan

NATIONAL SHUNT SERVICE LLC 401(K) PROFIT SHARING PLAN AND TRUST

Name: NATIONAL SHUNT SERVICE LLC - NATIONAL SHUNT SERVICE LLC 401(K) PROFIT SHARING PLAN AND TRUST (2024) Form 5500
Creator: NATIONAL SHUNT SERVICE LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NATIONAL SHUNT SERVICE LLC 401(K) PROFIT SHARING PLAN AND TRUST, NATIONAL SHUNT SERVICE LLC

NATIONAL SHUNT SERVICE LLCEIN 46-4409729Plan #001PY 2024

6375 RIVERSIDE DR, SUITE 200 - DUBLIN, OH 43017617-201-0776nationalflight.comLinkedIn51-200 employeesairlines/aviation

Prospect flagsLow participationLow assets / participantLow employer contributionFailed to transmit contributions

How to read this page

Total assets (EOY)

$1.6M

+21.9% from 2023

Total participants

504

+18.0% from 2023

Average account balance

$4,515

-7.7% from 2023

Annual return

17.23%

-5.20 pp from 2023

Benchmarks

See 1,034 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants250-999

Cohort1,034 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.60M

Not enough data

1 years with asset history on file

Average account balance

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

$5K

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.

354

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.

56.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$454K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

+17.23%

Not enough data

1 years with return on file

Admin fee / account holder

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

$29

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 1 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL1 year Filed as: FIDELITY WORKPLACE SERVICES, LLC Service code 14 · EIN 04-3532603	Plan Administrator	$2,215

Plan features & details

Pension benefit codes2F2G2T3D2E2J2K3B2R

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

4 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$10K

$30 / participant

Recordkeeping$10K100.0%

% of EOY assets

0.645%

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: PEASE BELL CPAS LLC
Auditor EIN: 364267431
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$4,515

$66,004-93.2%

$81,820-94.5%

$77,714-94.2%

Participation rate

56.5%

65.8%-9.3pp

72.4%-15.9pp

70.6%-14.1pp

Annual return

17.23%

26.65%-9.4pp

777.93%-760.7pp

31.26%-14.0pp

Employer contribution / active EE

$368

$2,375-84.5%

$2,915-87.4%

$2,727-86.5%

Participant deferral / active EE

$948

$3,508-73.0%

$4,323-78.1%

$4,649-79.6%

Admin fee / account holder

$29

$527-94.5%

$7,391-99.6%

$433-93.3%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL1 year

Filed as: FIDELITY WORKPLACE SERVICES, LLC

Service code 14 · EIN 04-3532603

Plan Administrator

$2,215

NATIONAL SHUNT SERVICE LLC 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NATIONAL SHUNT SERVICE LLC 401(K) PROFIT SHARING PLAN AND TRUST

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