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Original filing (PDF)20251015152402NAL0002546195001
AIR POWER, INC.
Form 5500
FILING_RECEIVED
AIR POWER, INC. AND PRODUCTION SYSTEMS, INC. RETIREMENT SAVINGS AND PROFIT SHARING PLAN
401(k) retirement plan
Signals · 2
92% in single holdingNo recordkeeper disclosed
Active participants
127
Accounts w/ balance
149
Plan assets (EOY)
$18.1M
Net assets (EOY)
$18.1M
How this plan invests
This plan
1 pooled trust
Schedule D
3 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
87
/ 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
75
Total plan cost
75
Vendor stack
80
Participation health
100
Knocking points off
- Top holding "Other" is 92% of plan.
- No recordkeeper disclosed on Schedule C.
Helping the score
- No Schedule C compensation disclosed — likely a small plan or unbundled.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for AIR POWER, INC..
Plan sponsor
Name
AIR POWER, INC.
EIN
56-0898308
Address
1430 TRINITY AVENUE · HIGH POINT, NC · 27260
Phone
(336) 886-5081
Industry
Manufacturingsee all
Plan administrator
Name
AIR POWER, INC.
EIN
56-0898308
City
HIGH POINT, NC
Phone
(336) 886-5081
Plan characteristics
Plan number
001
Plan year
2024
Plan year begin
2024-12-01
Tax period
2024-12-31
Filed
2025-10-15
Pension benefit codes
2E · Profit-sharing
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2J · 401(k) feature
2K · 401(m) arrangement
3D · Pre-approved plan (master / prototype / VS)
2T · Default investment account (QDIA)
2X · Other multiple-employer DC plan
Audit & trust (Schedule H)
Auditor
DODSON, SHELTON, & NELSON, P.A.
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
No Schedule C providers reportedInvestments
3 direct securities · 1 pooled fund· $1.5M(8% 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
$763K
1 holding
OTHER
$698K
1 holding
Uncategorized
$65K
2 holdings
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| FEDERATED HERMES CAPITAL PRESERV FEDERATED HERMES, INC. · EIN 22-2712853 / PN 001 | Common Collective Trust | — | — | $763K | 4.2% | |
| Other | OTHER | — | $698K | $698K | 3.9% | |
| Interest-bearing cash (include money market accounts & certificates of deposit) | — | — | $33K | $33K | 0.2% | |
| Value of funds held in insurance company general account (unallocated contracts) | — | — | $32K | $32K | 0.2% |