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MID AMERICA JET, INC. 401(K) PLAN 401k Plan overview

Plan NameMID AMERICA JET, INC. 401(K) PLAN
Plan identification number 001

MID AMERICA JET, INC. 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

MID AMERICA JET, INC. has sponsored the creation of one or more 401k plans.

Company Name:MID AMERICA JET, INC.
Employer identification number (EIN):610853272
NAIC Classification:481000
NAIC Description: Air Transportation

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MID AMERICA JET, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01
0012022-01-01
0012021-01-01
0012021-01-01
0012020-01-01EDWARD RAY2021-05-14
0012019-01-01EDWARD RAY2020-10-13
0012018-01-01EDWARD RAY2019-06-19
0012017-01-01ROBIN PHILLIPS2018-07-31
0012016-01-01ROBIN PHILLIPS2017-10-16
0012014-01-01ROBIN PHILLIPS2015-07-21
0012013-01-01ROBIN PHILLIPS2014-07-23
0012012-01-01ROBIN PHILLIPS2013-07-26
0012011-01-01STEPHEN BOSLEY2012-07-06
0012010-01-01STEPHEN BOSLEY2011-07-20

Plan Statistics for MID AMERICA JET, INC. 401(K) PLAN

401k plan membership statisitcs for MID AMERICA JET, INC. 401(K) PLAN

Measure Date Value
2025: MID AMERICA JET, INC. 401(K) PLAN 2025 401k membership
Total number of particpants at beginning of year2025-08-2445
Total number of particpants at end of year2025-08-2447
Number of Participants With Account Balances2025-08-2431
2024: MID AMERICA JET, INC. 401(K) PLAN 2024 401k membership
Total number of particpants at beginning of year2024-09-1345
Total number of particpants at end of year2024-09-1347
Number of Participants With Account Balances2024-09-1325

Financial Data on MID AMERICA JET, INC. 401(K) PLAN

Measure Date Value
2025 : MID AMERICA JET, INC. 401(K) PLAN 2025 401k financial data
Total transfers to/from plan in this plan year2025-08-240
Total liabilities as of the end of the plan year2025-08-240
Total liabilities as of the beginning of the plan year2025-08-240
Total expenses incurred by plan in this plan year2025-08-2457529
Net assets as of the end of the plan year2025-08-241145805
Total assets as of the beginning of the plan year2025-08-24816241
Value of plan covered by a fidelity bond2025-08-24100000
Participant contributions to plan in this plan year2025-08-24126187
Other expenses paid from plan in this plan year2025-08-240
Other contributions to plan in this plan year2025-08-240
Other income to plan in this plan year2025-08-24201141
Plan net income in this plan year2025-08-24329564
Net assets as of the end of the plan year2025-08-241145805
Net assets as of the beginning of the plan year2025-08-24816241
Employer contributions to plan in this plan year2025-08-2459765
Expensese paid to adminstrative service provicers from plan in this plan year2025-08-245932
2024 : MID AMERICA JET, INC. 401(K) PLAN 2024 401k financial data
Total transfers to/from plan in this plan year2024-09-130
Total liabilities as of the end of the plan year2024-09-130
Total liabilities as of the beginning of the plan year2024-09-130
Total expenses incurred by plan in this plan year2024-09-1312408
Net assets as of the end of the plan year2024-09-13816241
Total assets as of the beginning of the plan year2024-09-13521503
Value of plan covered by a fidelity bond2024-09-13100000
Participant contributions to plan in this plan year2024-09-13104877
Other expenses paid from plan in this plan year2024-09-130
Other contributions to plan in this plan year2024-09-130
Other income to plan in this plan year2024-09-13152578
Plan net income in this plan year2024-09-13294738
Net assets as of the end of the plan year2024-09-13816241
Net assets as of the beginning of the plan year2024-09-13521503
Employer contributions to plan in this plan year2024-09-1349691
Fees paid to broker by Benefit Provider2024-09-13147
Expensese paid to adminstrative service provicers from plan in this plan year2024-09-133993

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