Overview

Plan Rating

BrightScope Rating
53
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (9)
Average in Peer Group (68)
Highest in Peer Group (92)

Plan Description

Air MD, d/b/a LifeTeam 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 53. Air MD, d/b/a LifeTeam 401k Plan currently has over 200 active participants and over $2.5M in plan assets.

Did you know?

For the average 401k participant, the 39 point difference between this plan's BrightScope Rating (53) and the top rated plan (92) could equate to:
22
Additional years of work
157,016
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 12/31/2018
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 3445 N Webb Rd
  • Location
    Witchita , KS
  • 67226
  • Industry
    Transportation and Warehousing
  • Net Plan Assets
    $2,480,000
  • Total Participants
    280
  • Avg Account Balance
    $22,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Highest
Company Generosity:
Average

Performance

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

Design

Total Plan Cost:
High Fees
Company Generosity:
Average

Performance

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

Peer Group Plans

Company Rating
Pegasus Logistics Group 68.5
Aero Air, LLC 61.5
Talon Air 61.2
Turnberry Management III 58.9
Berry Aviation 56.3
Swift Air, L.L.C. 53.6

Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

20

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Vanguard Growth Index 16%
28%
Vanguard International Value 12%
24%
American Funds EuroPacific Growth 8%
21%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Providers

SERVICE PROVIDER
Investment Adviser
HK Financial
Recordkeeper
HK Financial
Consultant
HK Financial
Auditor
Kma Bodilly CPAS & Consultants Sc

Articles and Questions

Boeing Plan Report (Updated)

Boeing Fee Settlement Highlights the High Bar for Large Plans

Boeing Offers a Near Perfect Retirement Plan ModelIn most respects Boeing’s retirement offering is a great model of how to run a large retirement plan. Participants in Boeing’s 401(k) plan are beneficiaries of a participant-friendly design with immediate access, automatic enrollment, immediate ves

Why Do Investment Expenses Matter?
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