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Original filing (PDF)20251009104921NAL0006475153001
FIRSTMARK AEROSPACE CORPORATION
Form 5500
FILING_RECEIVED
DURHAM PENSION PLAN
Defined-benefit pension plan
Signals · 2
27% in single holding~129 bps in Sched C fees
Active participants
4
Accounts w/ balance
—
Plan assets (EOY)
$7.3M
Net assets (EOY)
$7.3M
How this plan invests
This plan
10 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
86
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
86
Total plan cost
65
Vendor stack
75
Participation health
100
Knocking points off
- Top holding "Baird" is 27% of plan.
- 129 bps in Schedule C fees — 149% above peer band of 52 bps.
- Plan is frozen (1I) — no new benefit accrual.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for FIRSTMARK AEROSPACE CORPORATION.
Plan sponsor
Name
FIRSTMARK AEROSPACE CORPORATION
EIN
30-0085548
Address
1176 TELECOM DRIVE · CREEDMOOR, NC · 27522
Phone
(919) 956-4200
Industry
Manufacturingsee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
001
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-09
Pension benefit codes
1A · Pay-related DB formula
1I · Frozen plan — no new benefit accrual
Audit & trust (Schedule H)
Auditor
BDO USA, P.C.
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
4 rowsAdvisor / Consultant
2| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| MILLIMAN | 91-0675641 | — | ACTUARY/INVESTMENT ADVISO | $43K | — |
| MORGAN STANLEY | 36-3145972 | — | INVESTMENT ADVISORY | $11K | — |
Trustee
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| TRUIST | 56-1074313 | — | TRUSTEE | $15K | — |
Accountant / Auditor
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| BDO USA, P.C. | 13-5381590 | — | ACCOUNTING | $25K | — |
Investments
10 direct securities· $7.3M(100% of reported assets)
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Baird | — | — | $2.2M | $2.0M | 27.2% | |
| Fidelity | — | — | $747K | $1.3M | 17.6% | |
| T. Rowe Price | — | — | $863K | $1.0M | 14.1% | |
| Vanguard | — | — | $362K | $768K | 10.6% | |
| PIMCO | — | — | $651K | $589K | 8.1% | |
| Dodge & Cox | — | — | $407K | $566K | 7.8% | |
| American Funds | — | — | $458K | $501K | 6.9% | |
| Vanguard | — | — | $108K | $246K | 3.4% | |
| Vanguard | — | — | $153K | $231K | 3.2% | |
| Federated Hermes | — | — | $88K | $88K | 1.2% |
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