Overview

Plan Rating

BrightScope Rating
75
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (22)
Average in Peer Group (70)
Highest in Peer Group (93)

Plan Description

Kalitta Companies 401k Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 75. This plan is in the top 35% of plans for Company Generosity, Salary Deferral, and Total Plan Cost. Kalitta Companies 401k Savings Plan currently has over 2,600 active participants and over $117.1M in plan assets.

Did you know?

For the average 401k participant, the 18 point difference between this plan's BrightScope Rating (75) and the top rated plan (93) could equate to:
13
Additional years of work
120,922
Lost Savings
*The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer. How is this calculated?

Plan Details

Plan Details Relevant details about the plan and the plan sponsor, including the address and industry of the plan sponsor and the size of the plan in assets and participants.

 
Plan data accurate as of 12/31/2019
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 818 Willow Run Airport
  • Location
    Ypsilanti , MI
  • 48198-0899
  • Industry
    Transportation and Warehousing
  • Administrator
    Greg Strzynski
  • Net Plan Assets
    $117,000,000
  • Total Participants
    2,700
  • Avg Account Balance
    $48,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Low Fees
Company Generosity:
Above Average

Performance

Participation Rate:
Average
Salary Deferrals:
Above Average
Account Balance:
Average

Design

Total Plan Cost:
Average Fees
Company Generosity:
Average

Performance

Participation Rate:
Average
Salary Deferrals:
Above Average
Account Balance:
Below Avg.

Peer Group Plans

Company Rating
Bristow Group 84.5
Columbia Helicopters 80.8
Air Wisconsin Airlines LLC 79.4
Air France 75.3
ABX Air 65.9
DSV Air & Sea 64.5

Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

26

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Fidelity Freedom Funds 60%
1%
Fidelity Blue Chip Growth 10%
1%
Fidelity US Bond Index 6%
93%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Providers

SERVICE PROVIDER
Recordkeeper
Fidelity
Auditor
Rehmann Financial

Articles and Questions

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