Profile
Tex-Air Delivery, Inc 401k Profit Sharing Plan in Grapevine, TX is in Texas, its EIN is 751968430, its industry group is Support Activities for Air Transportation, its plan administrator is David Nickel, is a profit-sharing plan, covered by a fidelity bond, self-administered by the plan sponsor, is a single-employer plan, its business code is 488100, has 50 to 99 total participants, is better than the overall plan medians in each of total income, net income, participant loans as a percentage of plan assets, and yield on beginning-of-plan-year total assets (4 total), is worse than the overall participant averages in each of average account balance, active-participant contributions per head, and employer contributions per active participant, and is lower than the overall administrative medians in each of contract administrator fees, total administrative expenses, and total administrative expense ratio.
Numeric values:
- total assets at beginning of plan year ($1,668,956)
- total assets ($1,316,789)
- value of interest in pooled separate accounts ($1,300,128)
- net assets (assets minus liabilities) ($1.30M)
- total expenses ($235,117)
- total contributions ($122,199)
- cash contributions from participants ($105,538)
- total liabilities ($17,267)
- receivables - employer contributions ($16,661)
- cash contributions from employers ($16,661)
- average account balance ($14,313)
- average employer+participant cash contribution per active participant ($1,455)
- average participant cash contribution per active participant ($1,256)
- average employer cash contribution per active participant ($198.30)
- total noninterest-bearing cash ($0)
- receivables - participant contributions ($0)
- other receivables (not employer nor participant contributions) ($0)
- interest-bearing cash (e.g., money market accounts, certificates of deposit) ($0)
- U.S. government securities ($0.0K)
- corporate debt instruments (preferred & other than employer securities) ($0)
- corporate debt instruments (below preferred & other than employer securities) ($0)
- corporate preferred stocks (other than employer securities) ($0)
- corporate common stocks (other than employer securities) ($0)
- partnership/joint venture interests ($0)
- real estate (other than employer real property) ($0)
- loans (other than to participants) ($0)
- participant loans ($0)
- value of interest in common/collective trusts ($0)
- value of interest in master trust investment accounts ($0.0K)
- value of interest in 103-12 investment entities ($0)
- value of interest in registered investment companies (e.g., mutual funds) ($0.0K)
- value of funds held in insurance company general account (unallocated contracts) ($0)
- other general investments ($0)
- employer-related securities investments ($0)
- employer-related real-property investments ($0)
- buildings and other property used in plan operation ($0)
- corrective distributions ($0)
- professional fees ($0)
- contract administrator fees ($0)
- investment advisory and management fees ($0)
- other administrative expenses ($0)
- total administrative expenses ($0)
- asset transfers to the plan ($0)
- asset transfers from the plan ($0)
- total administrative expense per participant ($0.00)
- net income per total participant (-$3,926)
- total income (-$126,063)
- earnings on investments (-$248,262)
- net earnings on investments (-$248,262)
- net income (-$361,180)
- percentage of active participants (91.3%)
- diversity of asset types (2.1%)
- participant loans as a percentage of plan assets (0.00%)
- total cash as a percentage of plan assets (0.00%)
- employer securities as a percentage of plan assets (0.00%)
- total administrative expense ratio (0.000%)
- yield on beginning-of-plan-year total assets (-14.88%)
- growth in total assets during the plan year (-21.1%)
- active participants (84)
- deceased participants whose beneficiaries receive or are entitled to benefits (0)
- living participants (92)
- other retired or separated participants entitled to future benefits (8)
- retired or separated participants receiving benefits (0)
- total participants (92)