Plan Ledger DOL Form 5500 · updated monthly

Sky Bird Travel & Tours, Inc.401(k)

SKY BIRD TRAVEL & TOURS, INC. 401(K) PROFIT SHARING PLAN · SOUTHFIELD, MI · plan year 2024

Reported admin expense ratio · 2024
0.33%

Sky Bird Travel & Tours, Inc. reported $62,679 in plan administrative expenses for 2024: 0.33% of average plan assets, above the peer median. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.55% to 0.33%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 1,050th-largest of 2,619 plans among Michigan employers on file, and the 623rd of 2,534 in administrative & support services.

Plan summary
Net assets, end of year$19,651,255
Participants with balances105
Active participants85
Employer contributions—
Employee contributions$522,207
Employer contribution per active participant—
Average account balance$187,155
Benefits paid to participants$1,256,642
Plan auditUnmodified (clean) audit opinion
AuditorNPD GROUP CPA PC
Plan history3
Yearassets · accounts · employer contribution
2024$19.7M · 105 accts
2023$18.4M · 150 accts · $61K emplr
2022$15.9M · 140 accts · $111K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$52,981
Investment management$9,698
Total administrative$62,679
What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
ADP, INC. · Recordkeeping$12,493

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024ADP
2023John Hancock

This plan has changed recordkeepers within these filings. If you left Sky Bird Travel & Tours, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$62,679 · 0.33%
2023$91,045 · 0.53%
2022$97,173 · 0.55%
Same employer
Similar plansAdministrative & Support Services · Michigan
Rdv Staffing, Inc. MI$27.3M · 0.32%
Talascend, LLC MI$18.1M · 0.08%
Bandit Industries, Inc. MI$17.3M · 0.68%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382113644 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.