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SUN AIR JETS 401(K) PLAN 401k Plan overview

Plan NameSUN AIR JETS 401(K) PLAN
Plan identification number 001

SUN AIR JETS 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • 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 contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

SUN AIR JETS, LLC has sponsored the creation of one or more 401k plans.

Company Name:SUN AIR JETS, LLC
Employer identification number (EIN):770530695
NAIC Classification:481000
NAIC Description: Air Transportation

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SUN AIR JETS 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01KIMBERLY STRASSBURGER2024-10-03
0012022-01-01STEPHEN MALONEY2023-12-15
0012021-01-01
0012021-01-01STEPHEN MALONEY
0012020-01-01
0012019-01-01
0012018-01-01
0012017-01-01ALINA ALVAREZ
0012016-01-01ALINA ALVAREZ
0012015-01-01STEPHEN MALONEY
0012014-01-01STEPHEN MALONEY
0012013-01-01STEPHEN MALONEY2014-03-24
0012012-01-01BRIAN COUNSIL2013-07-03
0012011-01-01BRIAN COUNSIL2012-04-04
0012010-01-01BRIAN COUNSIL2011-07-12

Plan Statistics for SUN AIR JETS 401(K) PLAN

401k plan membership statisitcs for SUN AIR JETS 401(K) PLAN

Measure Date Value
2023: SUN AIR JETS 401(K) PLAN 2023 401k membership
Total participants, beginning-of-year2023-01-01141
Total number of active participants reported on line 7a of the Form 55002023-01-01113
Number of retired or separated participants receiving benefits2023-01-010
Number of other retired or separated participants entitled to future benefits2023-01-0132
Total of all active and inactive participants2023-01-01145
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2023-01-010
Total participants2023-01-01145
Number of participants with account balances2023-01-01139
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2023-01-0118
2022: SUN AIR JETS 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-01139
Total number of active participants reported on line 7a of the Form 55002022-01-01118
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-0123
Total of all active and inactive participants2022-01-01141
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-01141
Number of participants with account balances2022-01-01130
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-019
2021: SUN AIR JETS 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-0199
Total number of active participants reported on line 7a of the Form 55002021-01-01101
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-0138
Total of all active and inactive participants2021-01-01139
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-01139
Number of participants with account balances2021-01-01119
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-0119
2020: SUN AIR JETS 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-01114
Total number of active participants reported on line 7a of the Form 55002020-01-0182
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-0117
Total of all active and inactive participants2020-01-0199
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-0199
Number of participants with account balances2020-01-0195
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-015
2019: SUN AIR JETS 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-01106
Total number of active participants reported on line 7a of the Form 55002019-01-0190
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-0124
Total of all active and inactive participants2019-01-01114
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-01114
Number of participants with account balances2019-01-01103
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-0120
2018: SUN AIR JETS 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-0182
Total number of active participants reported on line 7a of the Form 55002018-01-0178
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-0128
Total of all active and inactive participants2018-01-01106
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-01106
Number of participants with account balances2018-01-0198
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-0116
2017: SUN AIR JETS 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-0179
Total number of active participants reported on line 7a of the Form 55002017-01-0167
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-0115
Total of all active and inactive participants2017-01-0182
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-0182
Number of participants with account balances2017-01-0158
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-014
2016: SUN AIR JETS 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-0175
Total number of active participants reported on line 7a of the Form 55002016-01-0171
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-018
Total of all active and inactive participants2016-01-0179
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-0179
Number of participants with account balances2016-01-0156
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-018
2015: SUN AIR JETS 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-0169
Total number of active participants reported on line 7a of the Form 55002015-01-0172
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-013
Total of all active and inactive participants2015-01-0175
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-0175
Number of participants with account balances2015-01-0153
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-013
2014: SUN AIR JETS 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-0161
Total number of active participants reported on line 7a of the Form 55002014-01-0162
Number of retired or separated participants receiving benefits2014-01-011
Number of other retired or separated participants entitled to future benefits2014-01-016
Total of all active and inactive participants2014-01-0169
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-0169
Number of participants with account balances2014-01-0153
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-013

Financial Data on SUN AIR JETS 401(K) PLAN

Measure Date Value
2023 : SUN AIR JETS 401(K) PLAN 2023 401k financial data
Total income from all sources (including contributions)2023-12-31$2,548,909
Total of all expenses incurred2023-12-31$320,928
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2023-12-31$302,494
Total contributions o plan (from employers,participants, others, non cash contrinutions)2023-12-31$1,600,709
Value of total assets at end of year2023-12-31$7,487,818
Value of total assets at beginning of year2023-12-31$5,259,837
Total of administrative expenses incurred including professional, contract, advisory and management fees2023-12-31$18,434
Total interest from all sources2023-12-31$5,694
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2023-12-31No
Was this plan covered by a fidelity bond2023-12-31Yes
Value of fidelity bond cover2023-12-31$500,000
If this is an individual account plan, was there a blackout period2023-12-31No
Were there any nonexempt tranactions with any party-in-interest2023-12-31No
Contributions received from participants2023-12-31$960,236
Participant contributions at end of year2023-12-31$181,283
Participant contributions at beginning of year2023-12-31$127,893
Income. Received or receivable in cash from other sources (including rollovers)2023-12-31$408,340
Other income not declared elsewhere2023-12-31$3,092
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2023-12-31No
Value of net income/loss2023-12-31$2,227,981
Value of net assets at end of year (total assets less liabilities)2023-12-31$7,487,818
Value of net assets at beginning of year (total assets less liabilities)2023-12-31$5,259,837
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2023-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2023-12-31No
Were any leases to which the plan was party in default or uncollectible2023-12-31No
Investment advisory and management fees2023-12-31$14,329
Value of interest in registered invesment companies (eg mutual funds) at end of year2023-12-31$6,975,869
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2023-12-31$4,857,596
Interest on participant loans2023-12-31$5,694
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2023-12-31$330,666
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2023-12-31$274,348
Net investment gain/loss from registered investment companies (e.g. mutual funds)2023-12-31$24,333
Net investment gain/loss from pooled separate accounts2023-12-31$915,081
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2023-12-31No
Was there a failure to transmit to the plan any participant contributions2023-12-31Yes
Has the plan failed to provide any benefit when due under the plan2023-12-31No
Contributions received in cash from employer2023-12-31$232,133
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2023-12-31$302,494
Contract administrator fees2023-12-31$834
Did the plan have assets held for investment2023-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2023-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2023-12-31No
Opinion of an independent qualified public accountant for this plan2023-12-31Unqualified
Accountancy firm name2023-12-31PENSION ASSURANCE LLP
Accountancy firm EIN2023-12-31300840934
Total income from all sources (including contributions)2023-01-01$2,548,909
Total of all expenses incurred2023-01-01$320,928
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2023-01-01$302,494
Total contributions o plan (from employers,participants, others, non cash contrinutions)2023-01-01$1,600,709
Value of total assets at end of year2023-01-01$7,487,818
Value of total assets at beginning of year2023-01-01$5,259,837
Total of administrative expenses incurred including professional, contract, advisory and management fees2023-01-01$18,434
Total interest from all sources2023-01-01$5,694
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2023-01-01No
Was this plan covered by a fidelity bond2023-01-01Yes
Value of fidelity bond cover2023-01-01$500,000
If this is an individual account plan, was there a blackout period2023-01-01No
Were there any nonexempt tranactions with any party-in-interest2023-01-01No
Contributions received from participants2023-01-01$960,236
Participant contributions at end of year2023-01-01$181,283
Participant contributions at beginning of year2023-01-01$127,893
Income. Received or receivable in cash from other sources (including rollovers)2023-01-01$408,340
Other income not declared elsewhere2023-01-01$3,092
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2023-01-01No
Value of net income/loss2023-01-01$2,227,981
Value of net assets at end of year (total assets less liabilities)2023-01-01$7,487,818
Value of net assets at beginning of year (total assets less liabilities)2023-01-01$5,259,837
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2023-01-01No
Were any loans by the plan or fixed income obligations due to the plan in default2023-01-01No
Were any leases to which the plan was party in default or uncollectible2023-01-01No
Investment advisory and management fees2023-01-01$14,329
Value of interest in registered invesment companies (eg mutual funds) at end of year2023-01-01$6,975,869
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2023-01-01$4,857,596
Interest on participant loans2023-01-01$5,694
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2023-01-01$330,666
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2023-01-01$274,348
Net investment gain/loss from registered investment companies (e.g. mutual funds)2023-01-01$24,333
Net investment gain/loss from pooled separate accounts2023-01-01$915,081
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2023-01-01No
Was there a failure to transmit to the plan any participant contributions2023-01-01Yes
Has the plan failed to provide any benefit when due under the plan2023-01-01No
Contributions received in cash from employer2023-01-01$232,133
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2023-01-01$302,494
Contract administrator fees2023-01-01$834
Did the plan have assets held for investment2023-01-01Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2023-01-01No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2023-01-01No
Opinion of an independent qualified public accountant for this plan2023-01-011
Accountancy firm name2023-01-01PENSION ASSURANCE LLP
Accountancy firm EIN2023-01-01300840934
2022 : SUN AIR JETS 401(K) PLAN 2022 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2022-12-31$-6,993
Total unrealized appreciation/depreciation of assets2022-12-31$-6,993
Total income from all sources (including contributions)2022-12-31$338,619
Total loss/gain on sale of assets2022-12-31$-21,504
Total of all expenses incurred2022-12-31$716,475
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$700,293
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$1,354,751
Value of total assets at end of year2022-12-31$5,259,837
Value of total assets at beginning of year2022-12-31$5,637,693
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$16,182
Total interest from all sources2022-12-31$3,681
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$13,030
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2022-12-31$12,867
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$500,000
If this is an individual account plan, was there a blackout period2022-12-31Yes
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$842,546
Participant contributions at end of year2022-12-31$127,893
Participant contributions at beginning of year2022-12-31$74,136
Assets. Other investments not covered elsewhere at beginning of year2022-12-31$192
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$334,474
Other income not declared elsewhere2022-12-31$4,877
Administrative expenses (other) incurred2022-12-31$15,865
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-377,856
Value of net assets at end of year (total assets less liabilities)2022-12-31$5,259,837
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$5,637,693
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$4,857,596
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$1,300,290
Interest on participant loans2022-12-31$3,621
Value of interest in common/collective trusts at beginning of year2022-12-31$4,111,696
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2022-12-31$18,547
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2022-12-31$18,547
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2022-12-31$60
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2022-12-31$274,348
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-583,457
Net investment gain or loss from common/collective trusts2022-12-31$-425,766
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31Yes
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Contributions received in cash from employer2022-12-31$177,731
Income. Dividends from common stock2022-12-31$163
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$700,293
Contract administrator fees2022-12-31$317
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32022-12-31Yes
Assets. Corporate common stocks other than exployer securities at beginning of year2022-12-31$132,832
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Aggregate proceeds on sale of assets2022-12-31$59,950
Aggregate carrying amount (costs) on sale of assets2022-12-31$81,454
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31PENSION ASSURANCE LLP
Accountancy firm EIN2022-12-31300840934
Unrealized appreciation/depreciation of other (non real estate) assets2022-01-01$-6,993
Total unrealized appreciation/depreciation of assets2022-01-01$-6,993
Total income from all sources (including contributions)2022-01-01$338,619
Total loss/gain on sale of assets2022-01-01$-21,504
Total of all expenses incurred2022-01-01$716,475
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-01-01$700,293
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-01-01$1,354,751
Value of total assets at end of year2022-01-01$5,259,837
Value of total assets at beginning of year2022-01-01$5,637,693
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-01-01$16,182
Total interest from all sources2022-01-01$3,681
Total dividends received (eg from common stock, registered investment company shares)2022-01-01$13,030
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-01-01No
Total dividends received from registered investment company shares (eg mutual funds)2022-01-01$12,867
Was this plan covered by a fidelity bond2022-01-01Yes
Value of fidelity bond cover2022-01-01$500,000
If this is an individual account plan, was there a blackout period2022-01-01Yes
Were there any nonexempt tranactions with any party-in-interest2022-01-01No
Contributions received from participants2022-01-01$842,546
Participant contributions at end of year2022-01-01$127,893
Participant contributions at beginning of year2022-01-01$74,136
Assets. Other investments not covered elsewhere at beginning of year2022-01-01$192
Income. Received or receivable in cash from other sources (including rollovers)2022-01-01$334,474
Other income not declared elsewhere2022-01-01$4,877
Administrative expenses (other) incurred2022-01-01$15,865
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-01-01No
Value of net income/loss2022-01-01$-377,856
Value of net assets at end of year (total assets less liabilities)2022-01-01$5,259,837
Value of net assets at beginning of year (total assets less liabilities)2022-01-01$5,637,693
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-01-01No
Were any loans by the plan or fixed income obligations due to the plan in default2022-01-01No
Were any leases to which the plan was party in default or uncollectible2022-01-01No
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-01-01$4,857,596
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-01-01$1,300,290
Interest on participant loans2022-01-01$3,621
Value of interest in common/collective trusts at beginning of year2022-01-01$4,111,696
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2022-01-01$60
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2022-01-01$274,348
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-01-01$-583,457
Net investment gain or loss from common/collective trusts2022-01-01$-425,766
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-01-01No
Was there a failure to transmit to the plan any participant contributions2022-01-01Yes
Has the plan failed to provide any benefit when due under the plan2022-01-01No
Contributions received in cash from employer2022-01-01$177,731
Income. Dividends from common stock2022-01-01$163
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-01-01$700,293
Contract administrator fees2022-01-01$317
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32022-01-01Yes
Assets. Corporate common stocks other than exployer securities at beginning of year2022-01-01$132,832
Did the plan have assets held for investment2022-01-01Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-01-01No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-01-01No
Aggregate proceeds on sale of assets2022-01-01$59,950
Aggregate carrying amount (costs) on sale of assets2022-01-01$81,454
Opinion of an independent qualified public accountant for this plan2022-01-011
Accountancy firm name2022-01-01PENSION ASSURANCE LLP
Accountancy firm EIN2022-01-01300840934
2021 : SUN AIR JETS 401(K) PLAN 2021 401k financial data
Transfers to/from the plan2021-12-31$0
Total plan liabilities at end of year2021-12-31$0
Total plan liabilities at beginning of year2021-12-31$0
Total income from all sources2021-12-31$1,492,026
Expenses. Total of all expenses incurred2021-12-31$556,568
Benefits paid (including direct rollovers)2021-12-31$544,792
Total plan assets at end of year2021-12-31$5,637,693
Total plan assets at beginning of year2021-12-31$4,702,235
Value of fidelity bond covering the plan2021-12-31$500,000
Total contributions received or receivable from participants2021-12-31$665,466
Expenses. Other expenses not covered elsewhere2021-12-31$0
Contributions received from other sources (not participants or employers)2021-12-31$112,188
Other income received2021-12-31$536,193
Noncash contributions received2021-12-31$0
Net income (gross income less expenses)2021-12-31$935,458
Net plan assets at end of year (total assets less liabilities)2021-12-31$5,637,693
Net plan assets at beginning of year (total assets less liabilities)2021-12-31$4,702,235
Assets. Value of participant loans2021-12-31$74,136
Total contributions received or receivable from employer(s)2021-12-31$178,179
Value of certain deemed distributions of participant loans2021-12-31$0
Value of corrective distributions2021-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2021-12-31$11,776
2020 : SUN AIR JETS 401(K) PLAN 2020 401k financial data
Transfers to/from the plan2020-12-31$0
Total plan liabilities at end of year2020-12-31$0
Total plan liabilities at beginning of year2020-12-31$0
Total income from all sources2020-12-31$1,569,232
Expenses. Total of all expenses incurred2020-12-31$241,432
Benefits paid (including direct rollovers)2020-12-31$232,181
Total plan assets at end of year2020-12-31$4,702,235
Total plan assets at beginning of year2020-12-31$3,374,435
Value of fidelity bond covering the plan2020-12-31$500,000
Total contributions received or receivable from participants2020-12-31$590,641
Expenses. Other expenses not covered elsewhere2020-12-31$0
Contributions received from other sources (not participants or employers)2020-12-31$240,824
Other income received2020-12-31$600,017
Noncash contributions received2020-12-31$0
Net income (gross income less expenses)2020-12-31$1,327,800
Net plan assets at end of year (total assets less liabilities)2020-12-31$4,702,235
Net plan assets at beginning of year (total assets less liabilities)2020-12-31$3,374,435
Assets. Value of participant loans2020-12-31$84,836
Total contributions received or receivable from employer(s)2020-12-31$137,750
Value of certain deemed distributions of participant loans2020-12-31$0
Value of corrective distributions2020-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2020-12-31$9,251
2019 : SUN AIR JETS 401(K) PLAN 2019 401k financial data
Transfers to/from the plan2019-12-31$0
Total plan liabilities at end of year2019-12-31$0
Total plan liabilities at beginning of year2019-12-31$0
Total income from all sources2019-12-31$1,417,778
Expenses. Total of all expenses incurred2019-12-31$946,220
Benefits paid (including direct rollovers)2019-12-31$938,765
Total plan assets at end of year2019-12-31$3,374,435
Total plan assets at beginning of year2019-12-31$2,902,877
Value of fidelity bond covering the plan2019-12-31$200,000
Total contributions received or receivable from participants2019-12-31$562,700
Expenses. Other expenses not covered elsewhere2019-12-31$0
Contributions received from other sources (not participants or employers)2019-12-31$86,486
Other income received2019-12-31$603,506
Noncash contributions received2019-12-31$0
Net income (gross income less expenses)2019-12-31$471,558
Net plan assets at end of year (total assets less liabilities)2019-12-31$3,374,435
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$2,902,877
Assets. Value of participant loans2019-12-31$90,290
Total contributions received or receivable from employer(s)2019-12-31$165,086
Value of certain deemed distributions of participant loans2019-12-31$0
Value of corrective distributions2019-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2019-12-31$7,455
2018 : SUN AIR JETS 401(K) PLAN 2018 401k financial data
Transfers to/from the plan2018-12-31$0
Total plan liabilities at end of year2018-12-31$0
Total plan liabilities at beginning of year2018-12-31$0
Total income from all sources2018-12-31$972,193
Expenses. Total of all expenses incurred2018-12-31$684,743
Benefits paid (including direct rollovers)2018-12-31$677,812
Total plan assets at end of year2018-12-31$2,902,877
Total plan assets at beginning of year2018-12-31$2,615,427
Value of fidelity bond covering the plan2018-12-31$200,000
Total contributions received or receivable from participants2018-12-31$472,481
Expenses. Other expenses not covered elsewhere2018-12-31$0
Contributions received from other sources (not participants or employers)2018-12-31$598,026
Other income received2018-12-31$-221,303
Noncash contributions received2018-12-31$0
Net income (gross income less expenses)2018-12-31$287,450
Net plan assets at end of year (total assets less liabilities)2018-12-31$2,902,877
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$2,615,427
Assets. Value of participant loans2018-12-31$92,760
Total contributions received or receivable from employer(s)2018-12-31$122,989
Value of certain deemed distributions of participant loans2018-12-31$0
Value of corrective distributions2018-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2018-12-31$6,931
2017 : SUN AIR JETS 401(K) PLAN 2017 401k financial data
Transfers to/from the plan2017-12-31$0
Total plan liabilities at end of year2017-12-31$0
Total plan liabilities at beginning of year2017-12-31$0
Total income from all sources2017-12-31$751,607
Expenses. Total of all expenses incurred2017-12-31$106,820
Benefits paid (including direct rollovers)2017-12-31$99,732
Total plan assets at end of year2017-12-31$2,615,427
Total plan assets at beginning of year2017-12-31$1,970,640
Value of fidelity bond covering the plan2017-12-31$200,000
Total contributions received or receivable from participants2017-12-31$353,137
Expenses. Other expenses not covered elsewhere2017-12-31$0
Contributions received from other sources (not participants or employers)2017-12-31$0
Other income received2017-12-31$319,742
Noncash contributions received2017-12-31$0
Net income (gross income less expenses)2017-12-31$644,787
Net plan assets at end of year (total assets less liabilities)2017-12-31$2,615,427
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$1,970,640
Assets. Value of participant loans2017-12-31$62,081
Total contributions received or receivable from employer(s)2017-12-31$78,728
Value of certain deemed distributions of participant loans2017-12-31$0
Value of corrective distributions2017-12-31$2,693
Expenses. Administrative service providers (salaries,fees and commissions)2017-12-31$4,395
2016 : SUN AIR JETS 401(K) PLAN 2016 401k financial data
Transfers to/from the plan2016-12-31$0
Total plan liabilities at end of year2016-12-31$0
Total plan liabilities at beginning of year2016-12-31$0
Total income from all sources2016-12-31$561,023
Expenses. Total of all expenses incurred2016-12-31$515,298
Benefits paid (including direct rollovers)2016-12-31$510,222
Total plan assets at end of year2016-12-31$1,970,640
Total plan assets at beginning of year2016-12-31$1,924,915
Value of fidelity bond covering the plan2016-12-31$200,000
Total contributions received or receivable from participants2016-12-31$338,356
Expenses. Other expenses not covered elsewhere2016-12-31$0
Contributions received from other sources (not participants or employers)2016-12-31$7,218
Other income received2016-12-31$137,777
Noncash contributions received2016-12-31$0
Net income (gross income less expenses)2016-12-31$45,725
Net plan assets at end of year (total assets less liabilities)2016-12-31$1,970,640
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$1,924,915
Assets. Value of participant loans2016-12-31$39,342
Total contributions received or receivable from employer(s)2016-12-31$77,672
Value of certain deemed distributions of participant loans2016-12-31$0
Value of corrective distributions2016-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$5,076
2015 : SUN AIR JETS 401(K) PLAN 2015 401k financial data
Transfers to/from the plan2015-12-31$0
Total plan liabilities at end of year2015-12-31$0
Total plan liabilities at beginning of year2015-12-31$0
Total income from all sources2015-12-31$407,370
Expenses. Total of all expenses incurred2015-12-31$289,699
Benefits paid (including direct rollovers)2015-12-31$284,498
Total plan assets at end of year2015-12-31$1,924,915
Total plan assets at beginning of year2015-12-31$1,807,244
Value of fidelity bond covering the plan2015-12-31$200,000
Total contributions received or receivable from participants2015-12-31$328,049
Expenses. Other expenses not covered elsewhere2015-12-31$0
Contributions received from other sources (not participants or employers)2015-12-31$2,911
Other income received2015-12-31$-412
Noncash contributions received2015-12-31$0
Net income (gross income less expenses)2015-12-31$117,671
Net plan assets at end of year (total assets less liabilities)2015-12-31$1,924,915
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$1,807,244
Assets. Value of participant loans2015-12-31$124,900
Total contributions received or receivable from employer(s)2015-12-31$76,822
Value of certain deemed distributions of participant loans2015-12-31$0
Value of corrective distributions2015-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$5,201
2014 : SUN AIR JETS 401(K) PLAN 2014 401k financial data
Transfers to/from the plan2014-12-31$0
Total plan liabilities at end of year2014-12-31$0
Total plan liabilities at beginning of year2014-12-31$0
Total income from all sources2014-12-31$444,199
Expenses. Total of all expenses incurred2014-12-31$287,387
Benefits paid (including direct rollovers)2014-12-31$294,332
Total plan assets at end of year2014-12-31$1,807,244
Total plan assets at beginning of year2014-12-31$1,650,432
Value of fidelity bond covering the plan2014-12-31$200,000
Total contributions received or receivable from participants2014-12-31$300,920
Expenses. Other expenses not covered elsewhere2014-12-31$0
Contributions received from other sources (not participants or employers)2014-12-31$14,438
Other income received2014-12-31$59,062
Noncash contributions received2014-12-31$0
Net income (gross income less expenses)2014-12-31$156,812
Net plan assets at end of year (total assets less liabilities)2014-12-31$1,807,244
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$1,650,432
Assets. Value of participant loans2014-12-31$123,907
Total contributions received or receivable from employer(s)2014-12-31$69,779
Value of certain deemed distributions of participant loans2014-12-31$0
Value of corrective distributions2014-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$-6,945

Form 5500 Responses for SUN AIR JETS 401(K) PLAN

2023: SUN AIR JETS 401(K) PLAN 2023 form 5500 responses
2023-01-01Type of plan entitySingle employer plan
2023-01-01Plan funding arrangement – InsuranceYes
2023-01-01Plan funding arrangement – TrustYes
2023-01-01Plan benefit arrangement – InsuranceYes
2023-01-01Plan benefit arrangement - TrustYes
2022: SUN AIR JETS 401(K) PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedYes
2022-01-01Plan funding arrangement – InsuranceYes
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement – InsuranceYes
2022-01-01Plan benefit arrangement - TrustYes
2021: SUN AIR JETS 401(K) PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01This submission is the final filingNo
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: SUN AIR JETS 401(K) PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01This submission is the final filingNo
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: SUN AIR JETS 401(K) PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: SUN AIR JETS 401(K) PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: SUN AIR JETS 401(K) PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: SUN AIR JETS 401(K) PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: SUN AIR JETS 401(K) PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: SUN AIR JETS 401(K) PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

AMERICAN UNITED LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 60895 )
Policy contract numberG50832
Policy instance 1
Insurance contract or identification numberG50832
Number of Individuals Covered139
Insurance policy start date2023-01-01
Insurance policy end date2023-12-31
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
AMERICAN UNITED LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 60895 )
Policy contract numberG50832
Policy instance 1

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