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Original filing (PDF)20250812104100NAL0004296211001
AIR FORCE ACADEMY ATHLETIC CORPORATION
Form 5500
FILING_RECEIVED
AFAAC 401(K) PLAN
401(k) retirement plan
Signals · 1
25% in single holding
Active participants
133
Accounts w/ balance
157
Plan assets (EOY)
$10.7M
Net assets (EOY)
$10.7M
How this plan invests
This plan
12 pooled trusts
Schedule D
29 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
89
/ 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
87
Total plan cost
65
Vendor stack
100
Participation health
100
Knocking points off
- Top holding "Great Gray Trust Company, LLC" is 25% of plan.
- 59 bps in Schedule C fees — 103% above peer band of 29 bps.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for AIR FORCE ACADEMY ATHLETIC CORPORATION.
Plan sponsor
Name
AIR FORCE ACADEMY ATHLETIC CORPORATION
EIN
45-4331061
Address
P.O. BOX 89 · USAF ACADEMY, CO · 80840
Phone
(719) 333-3421
Industry
Other Services (ex. Public Admin)see all
Plan administrator
Name
FUTUREPLAN FIDUCIARY SERVICES LLC
EIN
82-3719843
City
BOSTON, MA
Phone
(855) 711-5283
Plan characteristics
Plan number
001
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-08-12
Pension benefit codes
2E · Profit-sharing
2J · 401(k) feature
2K · 401(m) arrangement
2F · ERISA section 404(c)
2G · Total participant-directed accounts
3D · Pre-approved plan (master / prototype / VS)
2T · Default investment account (QDIA)
2S · Automatic enrollment
Audit & trust (Schedule H)
Auditor
STOCKMAN KAST RYAN & CO. LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
4 rowsRecordkeeper
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | — | GREENWOOD VILLAGE, CO | RECORDKEEPER | $19K | — |
Advisor / Consultant
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| MORGAN STANLEY | — | NEW YORK, NY | INVESTMENT ADVISOR | $25K | — |
TPA / Administrator
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| ASCENSUS HOLDINGS, LLC | — | SAN DIEGO, CA | CONTRACT ADMIN | $14K | — |
Other
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| EMPOWER ADVISORY GROUP, LLC | — | GREENWOOD VILLAGE, CO | INVESTMENT MGMT | $5K | — |
Investments
18 direct securities · 12 pooled funds· $11.0M(100% of reported assets)
Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.
Common Collective Trust
$8.9M
11 holdings
Uncategorized
$1.9M
18 holdings
Pooled Separate Account
$262K
1 holding
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| GREAT GRAY TRUST AM FUNDS 2030 I GREAT GRAY · EIN 38-4126262 / PN 566 | Common Collective Trust | — | — | $2.7M | 25.1% | |
| GREAT GRAY TRUST AMERICAN FUNDS 203 GREAT GRAY · EIN 38-4126263 / PN 567 | Common Collective Trust | — | — | $1.6M | 14.7% | |
| GREAT GRAY TRUST AM FUNDS 2045 I GREAT GRAY · EIN 38-4126265 / PN 569 | Common Collective Trust | — | — | $1.5M | 14.4% | |
| GREAT GRAY TRUST AM FUNDS 2055 I GREAT GRAY · EIN 38-4126267 / PN 571 | Common Collective Trust | — | — | $862K | 8.0% | |
| Vanguard Funds | — | — | — | $728K | 6.8% | |
| GREAT GRAY TRUST AM FUNDS 2040 I GREAT GRAY · EIN 38-4126264 / PN 568 | Common Collective Trust | — | — | $702K | 6.5% | |
| GREAT GRAY TRUST AM FUNDS 2025 I GREAT GRAY · EIN 38-4126261 / PN 565 | Common Collective Trust | — | — | $532K | 5.0% | |
| GREAT GRAY TRUST AM FUNDS 2050 I GREAT GRAY · EIN 38-4126266 / PN 570 | Common Collective Trust | — | — | $395K | 3.7% | |
| GREAT GRAY TRUST AM FUNDS 2060 I GREAT GRAY · EIN 38-4126268 / PN 572 | Common Collective Trust | — | — | $346K | 3.2% | |
| Empower Annuity Insurance Company of America | — | — | — | $262K | 2.4% | |
| LARGE CAP GROWTH/JP MORGAN INVST MG EMPOWER ANNUITY INSURANCE COMPANY · EIN 06-1050034 / PN 141 | Pooled Separate Account | — | — | $262K | 2.4% | |
| GREAT GRAY TRUST AM FUNDS 2065 I GREAT GRAY · EIN 38-7275308 / PN 777 | Common Collective Trust | — | — | $167K | 1.6% | |
| Vanguard Funds | — | — | — | $162K | 1.5% | |
| Vanguard Funds | — | — | — | $134K | 1.2% | |
| Empower Annuity Insurance Company of America | — | — | — | $104K | 1.0% | |
| Vanguard Funds | — | — | — | $74K | 0.7% | |
| MFS International | — | — | — | $74K | 0.7% | |
| JP Morgan Funds | — | — | — | $58K | 0.5% | |
| Vanguard Funds | — | — | — | $52K | 0.5% | |
| Notes receivable from participants | — | — | — | $46K | 0.4% | |
| Vanguard Funds | — | — | — | $44K | 0.4% | |
| GREAT GRAY TRUST AM FUNDS 2015 I GREAT GRAY · EIN 38-4126259 / PN 563 | Common Collective Trust | — | — | $43K | 0.4% | |
| Blackrock | — | — | — | $35K | 0.3% | |
| Vanguard Funds | — | — | — | $31K | 0.3% | |
| Brandywine Global | — | — | — | $25K | 0.2% | |
| Vanguard Funds | — | — | — | $20K | 0.2% | |
| GREAT GRAY TRUST AM FUNDS 2020 I GREAT GRAY · EIN 38-4126260 / PN 564 | Common Collective Trust | — | — | $11K | 0.1% | |
| Empower Trust Company, LLC | — | — | — | $11K | <0.1% | |
| Allspring | — | — | — | $5K | <0.1% | |
| American Century | — | — | — | $854 | <0.1% |