Civic Intelligence
Filing

National Flight Services Inc. Profit Sharing Plan and Trust

National Flight Services Inc. • EIN 34-1104206 • Plan year 2006

Filing Insights

Participants

Down

162 → 119

-43 • -26.54%

Assets

Up

$2,420,708 → $2,638,335

$217,627 • 8.99%

Investment Management Fee

0.00%

$0

Admin expenses $1,400 • Total expenses $214,957

Filing Details

Context
Net investment result
$217,627

Status Flags

Fidelity bond in place

Yes

Limited-scope audit performed

Not reported

Contributions transmitted on time

No

Participant loans in default

No

Leases in default

No

Reportable party-in-interest issues

No

Loss discovered during year

No

Assets with undetermined value

No

Non-cash contributions

No

Assets held for investment

Yes

5% transactions reported

No

All plan assets distributed

No

Benefits paid when due

Not reported

Plan blackout period

Not reported

Plan termination resolution adopted

No

Counterparties
ProviderServicesLocationDirect CompensationRelated
MAX DORFMEISTER & CO, LLPEIN 34-1352513Accountant--

Company Timeline

This filing is highlighted inside the broader sponsor history.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
2024142$3,682,585$232,679$5,540iApproximate average salary by contribution assumption: employee only about $138,499 at 4% or $92,333 at 6%; with 50% employer match about $92,333 at 4% or $61,555 at 6%; with 100% employer match about $69,250 at 4% or $46,166 at 6%.
National Flight Services Inc. Profit Sharing Plan and Trust-42$3,682,585$232,679$5,540iApproximate average salary by contribution assumption: employee only about $138,499 at 4% or $92,333 at 6%; with 50% employer match about $92,333 at 4% or $61,555 at 6%; with 100% employer match about $69,250 at 4% or $46,166 at 6%.
2023152$3,453,247$285,175$5,484iApproximate average salary by contribution assumption: employee only about $137,103 at 4% or $91,402 at 6%; with 50% employer match about $91,402 at 4% or $60,935 at 6%; with 100% employer match about $68,552 at 4% or $45,701 at 6%.
National Flight Services Inc. Profit Sharing Plan and Trust-52$3,453,247$285,175$5,484iApproximate average salary by contribution assumption: employee only about $137,103 at 4% or $91,402 at 6%; with 50% employer match about $91,402 at 4% or $60,935 at 6%; with 100% employer match about $68,552 at 4% or $45,701 at 6%.
2022148$2,882,247$261,113$5,440iApproximate average salary by contribution assumption: employee only about $135,996 at 4% or $90,664 at 6%; with 50% employer match about $90,664 at 4% or $60,443 at 6%; with 100% employer match about $67,998 at 4% or $45,332 at 6%.
National Flight Services Inc. Profit Sharing Plan and Trust-48$2,882,247$261,113$5,440iApproximate average salary by contribution assumption: employee only about $135,996 at 4% or $90,664 at 6%; with 50% employer match about $90,664 at 4% or $60,443 at 6%; with 100% employer match about $67,998 at 4% or $45,332 at 6%.
2021148$3,173,272$418,041$8,709iApproximate average salary by contribution assumption: employee only about $217,730 at 4% or $145,153 at 6%; with 50% employer match about $145,153 at 4% or $96,769 at 6%; with 100% employer match about $108,865 at 4% or $72,577 at 6%.
National Flight Services Inc. Profit Sharing Plan and Trust-48$3,173,272$418,041$8,709iApproximate average salary by contribution assumption: employee only about $217,730 at 4% or $145,153 at 6%; with 50% employer match about $145,153 at 4% or $96,769 at 6%; with 100% employer match about $108,865 at 4% or $72,577 at 6%.
2020147$2,706,009$414,517$8,820iApproximate average salary by contribution assumption: employee only about $220,488 at 4% or $146,992 at 6%; with 50% employer match about $146,992 at 4% or $97,995 at 6%; with 100% employer match about $110,244 at 4% or $73,496 at 6%.
National Flight Services Inc. Profit Sharing Plan and Trust-47$2,706,009$414,517$8,820iApproximate average salary by contribution assumption: employee only about $220,488 at 4% or $146,992 at 6%; with 50% employer match about $146,992 at 4% or $97,995 at 6%; with 100% employer match about $110,244 at 4% or $73,496 at 6%.
2019148$2,496,452$36,924$769iApproximate average salary by contribution assumption: employee only about $19,231 at 4% or $12,821 at 6%; with 50% employer match about $12,821 at 4% or $8,547 at 6%; with 100% employer match about $9,616 at 4% or $6,410 at 6%.
National Flight Services Inc. Profit Sharing Plan and Trust-48$2,496,452$36,924$769iApproximate average salary by contribution assumption: employee only about $19,231 at 4% or $12,821 at 6%; with 50% employer match about $12,821 at 4% or $8,547 at 6%; with 100% employer match about $9,616 at 4% or $6,410 at 6%.
2017147$2,567,463$221,475$4,712iApproximate average salary by contribution assumption: employee only about $117,806 at 4% or $78,537 at 6%; with 50% employer match about $78,537 at 4% or $52,358 at 6%; with 100% employer match about $58,903 at 4% or $39,269 at 6%.
National Flight Services Inc. Profit Sharing Plan and Trust-47$2,567,463$221,475$4,712iApproximate average salary by contribution assumption: employee only about $117,806 at 4% or $78,537 at 6%; with 50% employer match about $78,537 at 4% or $52,358 at 6%; with 100% employer match about $58,903 at 4% or $39,269 at 6%.
2016146$2,504,706$155,921$3,390iApproximate average salary by contribution assumption: employee only about $84,740 at 4% or $56,493 at 6%; with 50% employer match about $56,493 at 4% or $37,662 at 6%; with 100% employer match about $42,370 at 4% or $28,247 at 6%.
National Flight Services Inc. Profit Sharing Plan and Trust-46$2,504,706$155,921$3,390iApproximate average salary by contribution assumption: employee only about $84,740 at 4% or $56,493 at 6%; with 50% employer match about $56,493 at 4% or $37,662 at 6%; with 100% employer match about $42,370 at 4% or $28,247 at 6%.
2015161$2,455,279$207,557$3,403iApproximate average salary by contribution assumption: employee only about $85,064 at 4% or $56,710 at 6%; with 50% employer match about $56,710 at 4% or $37,806 at 6%; with 100% employer match about $42,532 at 4% or $28,355 at 6%.
National Flight Services Inc. Profit Sharing Plan and Trust-61$2,455,279$207,557$3,403iApproximate average salary by contribution assumption: employee only about $85,064 at 4% or $56,710 at 6%; with 50% employer match about $56,710 at 4% or $37,806 at 6%; with 100% employer match about $42,532 at 4% or $28,355 at 6%.
2014171$2,790,366$187,541$2,641iApproximate average salary by contribution assumption: employee only about $66,036 at 4% or $44,024 at 6%; with 50% employer match about $44,024 at 4% or $29,349 at 6%; with 100% employer match about $33,018 at 4% or $22,012 at 6%.
National Flight Services Inc. Profit Sharing Plan and Trust-71$2,790,366$187,541$2,641iApproximate average salary by contribution assumption: employee only about $66,036 at 4% or $44,024 at 6%; with 50% employer match about $44,024 at 4% or $29,349 at 6%; with 100% employer match about $33,018 at 4% or $22,012 at 6%.
2013169$2,957,735$207,390$3,006iApproximate average salary by contribution assumption: employee only about $75,141 at 4% or $50,094 at 6%; with 50% employer match about $50,094 at 4% or $33,396 at 6%; with 100% employer match about $37,571 at 4% or $25,047 at 6%.
National Flight Services Inc. Profit Sharing Plan and Trust-69$2,957,735$207,390$3,006iApproximate average salary by contribution assumption: employee only about $75,141 at 4% or $50,094 at 6%; with 50% employer match about $50,094 at 4% or $33,396 at 6%; with 100% employer match about $37,571 at 4% or $25,047 at 6%.
2012191$2,598,362$198,144$2,177iApproximate average salary by contribution assumption: employee only about $54,435 at 4% or $36,290 at 6%; with 50% employer match about $36,290 at 4% or $24,193 at 6%; with 100% employer match about $27,218 at 4% or $18,145 at 6%.
National Flight Services Inc. Profit Sharing Plan and Trust-91$2,598,362$198,144$2,177iApproximate average salary by contribution assumption: employee only about $54,435 at 4% or $36,290 at 6%; with 50% employer match about $36,290 at 4% or $24,193 at 6%; with 100% employer match about $27,218 at 4% or $18,145 at 6%.
2011190$2,191,555$201,248$2,236iApproximate average salary by contribution assumption: employee only about $55,902 at 4% or $37,268 at 6%; with 50% employer match about $37,268 at 4% or $24,845 at 6%; with 100% employer match about $27,951 at 4% or $18,634 at 6%.
National Flight Services Inc. Profit Sharing Plan and Trust-90$2,191,555$201,248$2,236iApproximate average salary by contribution assumption: employee only about $55,902 at 4% or $37,268 at 6%; with 50% employer match about $37,268 at 4% or $24,845 at 6%; with 100% employer match about $27,951 at 4% or $18,634 at 6%.
2010181$2,510,390$204,772$2,528iApproximate average salary by contribution assumption: employee only about $63,201 at 4% or $42,134 at 6%; with 50% employer match about $42,134 at 4% or $28,089 at 6%; with 100% employer match about $31,601 at 4% or $21,067 at 6%.
National Flight Services Inc. Profit Sharing Plan and Trust-81$2,510,390$204,772$2,528iApproximate average salary by contribution assumption: employee only about $63,201 at 4% or $42,134 at 6%; with 50% employer match about $42,134 at 4% or $28,089 at 6%; with 100% employer match about $31,601 at 4% or $21,067 at 6%.
20091105$2,513,276$155,643$1,482iApproximate average salary by contribution assumption: employee only about $37,058 at 4% or $24,705 at 6%; with 50% employer match about $24,705 at 4% or $16,470 at 6%; with 100% employer match about $18,529 at 4% or $12,353 at 6%.
National Flight Services Inc. Profit Sharing Plan and Trust-105$2,513,276$155,643$1,482iApproximate average salary by contribution assumption: employee only about $37,058 at 4% or $24,705 at 6%; with 50% employer match about $24,705 at 4% or $16,470 at 6%; with 100% employer match about $18,529 at 4% or $12,353 at 6%.
20071113$0$0-
National Flight Services Inc. Profit Sharing Plan and Trust-113---
20061119$2,638,335$158,449$1,332iApproximate average salary by contribution assumption: employee only about $33,288 at 4% or $22,192 at 6%; with 50% employer match about $22,192 at 4% or $14,794 at 6%; with 100% employer match about $16,644 at 4% or $11,096 at 6%.
National Flight Services Inc. Profit Sharing Plan and TrustCurrent119$2,638,335$158,449$1,332iApproximate average salary by contribution assumption: employee only about $33,288 at 4% or $22,192 at 6%; with 50% employer match about $22,192 at 4% or $14,794 at 6%; with 100% employer match about $16,644 at 4% or $11,096 at 6%.
20052121$0$0-
National Flight Services Inc. Profit Sharing Plan and Trust-121---
NATIONAL FLIGHT SERVICES, INC. WELFARE BENEFIT PLAN-83---
20042112$0$0-
National Flight Services Inc. Profit Sharing Plan and Trust-112---
NATIONAL FLIGHT SERVICES, INC WELFARE BENEFIT PLAN-99---
20032119$0$0-
National Flight Services Inc. Profit Sharing Plan and Trust-115---
NATIONAL FLIGHT SERVICES INC WELFARE BENEFIT PLAN-119---
20022125$0$0-
NATIONAL FLIGHT SERVICES INC WELFARE BENEFIT PLAN-122---
National Flight Services Inc. Profit Sharing Plan and Trust-125---
20013134$0$0-
NATIONAL FLIGHT SERVICES INC WELFARE BENEFIT PLAN-132---
NATIONAL FLIGHT SERVICES INC WELFARE BENEFIT PLAN-132---
National Flight Services Inc. Profit Sharing Plan and Trust-134---
20001129$2,589,931$401,806$3,115iApproximate average salary by contribution assumption: employee only about $77,869 at 4% or $51,913 at 6%; with 50% employer match about $51,913 at 4% or $34,609 at 6%; with 100% employer match about $38,935 at 4% or $25,956 at 6%.
National Flight Services Inc. Profit Sharing Plan and Trust-129$2,589,931$401,806$3,115iApproximate average salary by contribution assumption: employee only about $77,869 at 4% or $51,913 at 6%; with 50% employer match about $51,913 at 4% or $34,609 at 6%; with 100% employer match about $38,935 at 4% or $25,956 at 6%.
19991122$3,094,913$419,751$3,441iApproximate average salary by contribution assumption: employee only about $86,015 at 4% or $57,343 at 6%; with 50% employer match about $57,343 at 4% or $38,229 at 6%; with 100% employer match about $43,007 at 4% or $28,672 at 6%.
National Flight Services Inc. Profit Sharing Plan and Trust-122$3,094,913$419,751$3,441iApproximate average salary by contribution assumption: employee only about $86,015 at 4% or $57,343 at 6%; with 50% employer match about $57,343 at 4% or $38,229 at 6%; with 100% employer match about $43,007 at 4% or $28,672 at 6%.
Schedule Details

Schedule H

Schedule H Financial Statement

Large plan result

Assets, contributions, fees, audit, and compliance fields reported for this large-plan filing.

End-of-year assets$2,638,335$217,627 change

Balance Sheet

Beginning and end of plan year.

Total assets$2,420,708$2,638,335Increase +$217,627 (8.99%)
Total liabilities$0$0No change $0
Net assets$2,420,708$2,638,335Increase +$217,627 (8.99%)

Contributions

Employer contributions$0
Participant contributions$149,133
Other contributions$9,316
Total contributions$158,449

Income & Investment Result

Total income$432,584
Interest$16,103
Dividends$0
Net income$217,627

Expenses & Fees

Benefits paid$213,557
Investment management$0
Administrative expenses$1,400
Total expenses$214,957

Accountant

FirmMAX DORFMEISTER & CO, LLP
Firm EIN34-1352513

Compliance

Fidelity bondYes
Fidelity bond amount$500,000
Participant loans$244,196
Late contributionsNo
Schedule H source fields
Financial summary
Total assets at beginning of year: $2,420,708Total assets at end of year: $2,638,335Total liabilities at end of year: $0Net income or loss: $217,627
Filing Id
91037015347329
Schedule H EIN
34-1104206
Schedule H Plan number
001
Schedule H Plan Year Begin Date
2006-11-01
Schedule H Tax Period
20071031
Non Interest Bear Cash Beginning of year Amount
$0
Employer Contribution Beginning of year Amount
$0
Participants Contribution Beginning of year Amount
$0
Other Receivables Beginning of year Amount
$0
Interest Bear Cash Beginning of year Amount
$0
Govt Sec Beginning of year Amount
$0
Corp Debt Preferred Beginning of year Amount
$0
Corp Debt Other Beginning of year Amount
$0
Pref Stock Beginning of year Amount
$0
Common Stock Beginning of year Amount
$0
Joint Venture Beginning of year Amount
$0
Real Estate Beginning of year Amount
$0
Other Loans Beginning of year Amount
$0
Participant loans at beginning of year
$247,220
Interest Common Tr Beginning of year Amount
$2,173,488
Interest Pool Sep Account Beginning of year Amount
$0
Interest Master Tr Beginning of year Amount
$0
Interest 103 12 Investment Beginning of year Amount
$0
Interest in registered investment companies at beginning of year
$0
Ins Co Gen Account Beginning of year Amount
$0
Oth Investment Beginning of year Amount
$0
Employer Sec Beginning of year Amount
$0
Employer Prop Beginning of year Amount
$0
Bldgs Used Beginning of year Amount
$0
Total assets at beginning of year
$2,420,708
Bnfts Payable Beginning of year Amount
$0
Oprtng Payable Beginning of year Amount
$0
Acquis Indbt Beginning of year Amount
$0
Other Liability Beginning of year Amount
$0
Total liabilities at beginning of year
$0
Net assets at beginning of year
$2,420,708
Non Interest Bear Cash End of year Amount
$0
Employer Contribution End of year Amount
$0
Participants Contribution End of year Amount
$0
Other Receivables End of year Amount
$0
Interest Bear Cash End of year Amount
$0
Govt Sec End of year Amount
$0
Corp Debt Preferred End of year Amount
$0
Corp Debt Other End of year Amount
$0
Pref Stock End of year Amount
$0
Common Stock End of year Amount
$0
Joint Venture End of year Amount
$0
Real Estate End of year Amount
$0
Other Loans End of year Amount
$0
Participant loans at end of year
$244,196
Interest Common Tr End of year Amount
$2,394,139
Interest Pool Sep Account End of year Amount
$0
Interest Master Tr End of year Amount
$0
Interest 103 12 Investment End of year Amount
$0
Interest in registered investment companies at end of year
$0
Ins Co Gen Account End of year Amount
$0
Oth Investment End of year Amount
$0
Employer Sec End of year Amount
$0
Employer Prop End of year Amount
$0
Bldgs Used End of year Amount
$0
Total assets at end of year
$2,638,335
Bnfts Payable End of year Amount
$0
Oprtng Payable End of year Amount
$0
Acquis Indbt End of year Amount
$0
Other Liability End of year Amount
$0
Total liabilities at end of year
$0
Net assets at end of year
$2,638,335
Employer contributions
$0
Participant contributions
$149,133
Oth Contribution Rcvd Amount
$9,316
Non Cash Contribution Bs Amount
$0
Total contributions
$158,449
Interest Bear Cash Amount
$0
Interest On Govt Sec Amount
$0
Interest On Corp Debt Amount
$0
Interest On Oth Loans Amount
$16,103
Interest on participant loans
$0
Interest On Oth Investment Amount
$0
Total interest income
$16,103
Divnd Pref Stock Amount
$0
Divnd Common Stock Amount
$0
Total dividend income
$0
Total Rents Amount
$0
Aggregate Proceeds Amount
$0
Aggregate Costs Amount
$0
Net gain or loss on sale of assets
$0
Unrealized Apprctn Re Amount
$0
Unrealized Apprctn Oth Amount
$0
Net unrealized appreciation or depreciation
$0
Gain Loss Com Trust Amount
$258,032
Gain Loss Pool Sep Amount
$0
Gain Loss Master Tr Amount
$0
Gain Loss 103 12 Investment Amount
$0
Gain or loss on registered investments
$0
Other Income Amount
$0
Total income
$432,584
Participant distributions
$213,557
Ins Carrier Bnfts Amount
$0
Oth Bnft Payment Amount
$0
Total benefit distributions
$213,557
Total Corrective Distribution Amount
$0
Total Dm Distribution Ptcp Lns A
0
Total Interest Expense Amount
$0
Professional Fees Amount
$0
Contract Admin Fees Amount
$0
Investment management fees
$0
Other Admin Fees Amount
$1,400
Total administrative expenses
$1,400
Total expenses
$214,957
Net income or loss
$217,627
Total Transfers To Amount
$0
Transfers from other plans
$0
Accountant Opinion Type Indicator
3
Account Performed Limited Audit Indicator
Yes
Accountant firm name
MAX DORFMEISTER & CO, LLP
Accountant firm EIN
34-1352513
Failed to transmit participant contributions on time
No
Fail Transmit Contribution Amount
$0
Participant loans in default
No
Loans In Default Amount
$0
Leases in default
No
Leases In Default Amount
$0
Nonexempt transactions with parties in interest
No
Party In Interest Not Reported Amount
$0
Fidelity bond in place
Yes
Fidelity bond amount
$500,000
Loss discovered during year
No
Loss Discovered Dur Year Amount
$0
Assets with undetermined value
No
Asset Undeterm Valuation Amount
$0
Non-cash contributions reported
No
Non Cash Contribution Amount
$0
Assets held for investment
Yes
Reportable 5% transactions
No
All plan assets distributed
No
Resolution to terminate plan adopted
No
Res Terminate Plan Adpt Amount
$0