How big is Aero Thrust Holdings DBA Iaero Group's plan?

Aero Thrust Holdings DBA Iaero Group's plan reported $15.5M in assets and 683 participants for 2023.

Original filing (PDF)20240929141849NAL0004592849001

Aero Thrust Holdings DBA Iaero Group

Name: Aero Thrust Holdings DBA Iaero Group — Iaero Group, Form 5500 (2023)
Creator: Aero Thrust Holdings DBA Iaero Group
License: https://www.usa.gov/government-works

Form 5500

FILING_RECEIVED

Iaero Group 401(k)

401(k) retirement plan · Aero Thrust Holdings DBA Iaero Group's Iaero Group 401(k) held $15.5M in plan assets for 683 participants in 2023, with Fidelity as recordkeeper.

Signals · 3

Late participant contributions~98 bps in Sched C feesSelf-directed brokerage offered

Active participants

683

Accounts w/ balance

848

Plan assets (EOY)

$15.5M

Net assets (EOY)

$15.5M

People on this filing

Michael Lewis signed Aero Thrust Holdings DBA Iaero Group's 2023 Form 5500 as plan administrator.

Michael Lewis — Plan Administrator — Form 5500 signer

Get verified email & phone for these signers

Signer names are public record from the Form 5500 e-signature.

Plan identifiers

Aero Thrust Holdings DBA Iaero Group's EIN is 32-0380152.

EIN 32-0380152

Plan number 001

Plan year 2023

ACK ID 20240929141849NAL0004592849001

Official Form 5500 document

Download the official 2023 Form 5500 (PDF) for Aero Thrust Holdings DBA Iaero Group from the U.S. Department of Labor's EFAST2 system.

Download the official 2023 Form 5500 (PDF)

Plan features

Aero Thrust Holdings DBA Iaero Group's plan includes profit-sharing, ERISA 404(c) participant direction, a 401(k) feature, a self-directed brokerage window, automatic enrollment, a default investment (QDIA).

Decision-maker contacts

One unlock reveals every key decision-maker — plan signer, CFO, HR & Benefits — with verified email + LinkedIn for AERO THRUST HOLDINGS DBA IAERO GROUP.

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How this plan invests

This plan

24 securities

funds · stocks · CUSIPs

Holdings are itemized directly on this plan's Schedule of Assets, below.

Plan health score

Average plan with room to improve

Directional indicator from public Form 5500 data — compliance & integrity, total plan cost, participant health and vendor stack, benchmarked against same-size peers. Not a fiduciary tool.

Compliance & integrity

Total plan cost

Plan health

Vendor & structure

100

Knocking points off

Delinquent participant contributions reported (Schedule H 4a) — 177K (2% of contributions).
Total administrative cost in the bottom quartile of peers (6th percentile).

Plan sponsor

Name

AERO THRUST HOLDINGS DBA IAERO GROUP

EIN

all filings

Address

202 CENTREPORT DRIVE SUITE 400 · GREENSBORO, NC · 27409

Phone

(336) 265-7120

Industry

Transportation & Warehousing

Plan administrator

Same as plan sponsor.

Plan characteristics

Plan number

001

Plan year

2023

Plan year begin

2023-01-01

Tax period

2023-12-31

Filed

2024-09-29

Pension benefit codes

2E · Profit-sharing

2F · ERISA section 404(c)

2G · Total participant-directed accounts

2J · 401(k) feature

2K · 401(m) arrangement

2R · Participant-directed brokerage (SDBA)

2S · Automatic enrollment

2T · Default investment account (QDIA)

Service providers (Schedule C)

3 rows

Recordkeeper

Name	EIN	Location	Relation	Direct comp	Indirect comp
FIDELITY INVESTMENTS INSTITUTIONAL	04-2647786	—	RECORDKEEPER	$91K	—

Advisor / Consultant

Name	EIN	Location	Relation	Direct comp	Indirect comp
RESOURCES INVESTMENT ADVISORS LLC	43-1451524	—	ADVISOR	$43K	—

Investments

24 direct securities· $15.1M(97% of reported assets)

Mutual Funds

$12.8M

16 holdings

Common Collective Trusts

$1.1M

1 holding

Other securities

$1.0M

6 holdings

Self-Directed Brokerage

$93K

1 holding

					% of plan
Fidelity Investments Fidelity Freedom Index 2025 Fund Investor Class	Mutual Funds	—	—	$1.9M	12.2%
Fidelity Investments Fidelity Freedom Index 2035 Fund Investor Class	Mutual Funds	—	—	$1.9M	12.0%
Fidelity Investments Fidelity Freedom Index 2030 Fund Investor Class	Mutual Funds	—	—	$1.7M	11.2%
Fidelity Investments Fidelity Freedom Index 2040 Fund Investor Class	Mutual Funds	—	—	$1.3M	8.2%
Fidelity Investments Fidelity Freedom Index 2055 Fund Investor Class	Mutual Funds	—	—	$1.1M	7.3%
Fidelity Investments Fidelity 500 Index	Common Collective Trusts	—	—	$1.1M	7.3%
Fidelity Investments Fidelity Freedom Index 2050 Fund Investor Class	Mutual Funds	—	—	$1.1M	7.2%
Fidelity Investments Fidelity Freedom Index 2045 Fund Investor Class	Mutual Funds	—	—	$905K	5.8%
T.Rowe Price T Rowe Price Blue Chip Growth	Mutual Funds	—	—	$745K	4.8%
Fidelity Investments Fidelity Freedom Index 2060 Fund Investor Class	Mutual Funds	—	—	$564K	3.6%
Fidelity Investments Fidelity Freedom Index 2065 Fund Investor Class	Mutual Funds	—	—	$434K	2.8%
Fidelity Investments Fidelity Freedom Index 2020 Fund Investor Class	Mutual Funds	—	—	$360K	2.3%
Columbia Small Cap Index I3	Other securities	—	—	$304K	2.0%
American Funds American Fnds Europac Growth R6	Mutual Funds	—	—	$270K	1.7%
JP Morgan JP Morgan Equirt Income R6	Other securities	—	—	$253K	1.6%
Fidelity Investments Fidelity Government Money Market Fund - Class K6	Mutual Funds	—	—	$246K	1.6%
Voya Intermediate Bond i	Other securities	—	—	$233K	1.5%
Fidelity Investments Fidelity Freedom Index 2015 Fund Investor Class	Mutual Funds	—	—	$187K	1.2%
Panassus Mid-Cap Growth	Other securities	—	—	$156K	1.0%
Self-Directed Brokerage Accounts * Fidelity Investments Fidelity BrokerageLink	Self-Directed Brokerage	—	—	$93K	0.6%
Fidelity Investments Fidelity Freedom Index Income Fund Investor Class	Mutual Funds	—	—	$75K	0.5%
American Century American Century Emerging Markets Fund - Class R6	Other securities	—	—	$52K	0.3%
Western Asset Western Asset Income Fund Class I	Other securities	—	—	$35K	0.2%
Fidelity Investments Fidelity Freedom Index 2010 Fund Investor Class	Mutual Funds	—	—	$1K	<0.1%