Jet Access Team Solutions, LLC 401(K) Plan — Form 5500 plan (Jet Access Team Solutions, LLC)

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, Jet Access Team Solutions, LLC 401(K) Plan is a benefit plan reported by Jet Access Team Solutions, LLC under EIN 87-3310280 and plan number 001. The latest loaded filing year is 2023. The filing reports 414 participants and $11,141,036 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$11.1MPlan net assets, end of year$11,141,036
Participants414Covered participants reported
Assets / participant$26.9KComputed: assets ÷ participants$26,911 (computed)
Provider compensation$97.7K3 Schedule C provider row(s)$97,671
Plan sponsor
Jet Access Team Solutions, LLC
EIN
87-3310280
Plan number
001
Plan type
2
Location
Indianapolis, IN
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023414H, C20241004101410NAL0012088577001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$11.1M total assets
Net assets$11.1MLiabilities$0
Money in vs. money out
Total income / additions$4M
Total expenses$1.2M
Benefits paid / distributions$1.1M
Contributions
Employer$615.7K
Participant$1.6M
Full reported line items

Net assets

Total assets (EOY)
$11,141,036
Total liabilities (EOY)
$0
Net assets (EOY)
$11,141,036
Net assets (BOY)
$8,332,935

Income & contributions

Employer contributions
$615,657
Participant contributions
$1,649,389
Total contributions
$2,454,219
Total income / additions
$4,033,298

Expenses & distributions

Benefits paid
$1,120,916
Administrative expenses
$97,671
Total expenses
$1,225,197
Net increase / (decrease)
$2,808,101
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 27%Participant 73%
Total expenses ÷ net assets11%Computed ratio
Benefits paid ÷ total income28%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Insurance Company ORECORDKEEPER$59,754$02023
Shepherd Financial Investment AdvisINVESTMENT ADVISOR$32,902not reported in the loaded dataset2023
Empower Advisory Group, LLCINVESTMENT MGMT$5,015not reported in the loaded dataset2023

Related Form 5500 pages