Air Industries Group 401(K) Plan — Form 5500 plan (Air Industries Group)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Air Industries Group 401(K) Plan is a benefit plan reported by Air Industries Group under EIN 80-0948413 and plan number 001. The latest loaded filing year is 2023. The filing reports 243 participants and $7,952,522 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Air Industries Group
- EIN
- 80-0948413
- Plan number
- 001
- Plan type
- 2
- Location
- Bay Shore, NY
- Latest filing year
- 2023
- Participants
- 243
- End-of-year plan assets
- $7,952,522
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 243 | H, C | 20241008132611NAL0009718643001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $7,952,522
- Total liabilities (EOY)
- $29,995
- Net assets (EOY)
- $7,922,527
- Net assets (BOY)
- $6,830,869
Income & contributions
- Employer contributions
- $0
- Participant contributions
- $580,714
- Total contributions
- $609,895
- Total income / additions
- $1,666,441
Expenses & distributions
- Benefits paid
- $491,426
- Administrative expenses
- $37,681
- Total expenses
- $574,783
- Net increase / (decrease)
- $1,091,658
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Life & Annuity Ins | RECORDKEEPER | $28,986 | $0 | 2023 |
| Cambridge Investment Research Inc | BROKER/ADVISER | $0 | $12,960 | 2023 |
| Ascensus Holdings Inc Dba | CONTRACT ADMIN | $5,635 | not reported in the loaded dataset | 2023 |
| Leafhouse Financial Advisors, LLC | OTHER | $3,519 | not reported in the loaded dataset | 2023 |
| Empower Advisory Group | INVESTMENT MGMT | $3,051 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Air Industries Group
- 2023 Form 5500 filing
- Form 5500 filings in NY
- 401(k) and benefit plan filings in Bay Shore, NY
- Empower Life & Annuity Ins — Schedule C compensation
- Cambridge Investment Research Inc — Schedule C compensation
- Ascensus Holdings Inc Dba — Schedule C compensation
- Leafhouse Financial Advisors, LLC — Schedule C compensation
- Empower Advisory Group — Schedule C compensation