Plan Ledger DOL Form 5500 · updated monthly

Societe Air France D/B/A Air France USA401(k)

AIR FRANCE 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.23%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

Societe Air France D/B/A Air France USA reported $318,835 in plan administrative expenses for 2024: 0.23% of average plan assets, higher than ~75% of peers. Employer contributions averaged $5,705 per active participant. 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 rose from 0.17% to 0.23%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 622nd-largest of 5,648 plans among New York employers on file, and the 193rd of 2,677 in transportation & warehousing. In 2024, employees put in $1.23 for every $1.00 the employer contributed; active participation has grown from 307 to 346 since 2022.

Plan summary
Net assets, end of year$137,322,173
Participants with balances871
Active participants346
Employer contributions$1,973,825
Employee contributions$2,435,654
Employer contribution per active participant$5,705
Average account balance$157,660
Benefits paid to participants$21,143,784
Plan auditUnmodified (clean) audit opinion
AuditorPEACH & MCPHERSON, CPA
Plan history3
Yearassets · accounts · employer contribution
2024$137.3M · 871 accts · $2.0M emplr
2023$137.2M · 965 accts · $1.7M emplr
2022$120.4M · 942 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$109,902
Investment management$94,800
Total administrative$318,835
The Societe Air France D/B/A Air France USA 401(k) match · 2024
Employer contribution per active participant$5,705
Median for plans this size$3,635
2024$5,705 per active participant
2023$4,885 per active participant
2022$4,584 per active participant

Societe Air France D/B/A Air France USA's 2024 employer contribution ran above the $3,635 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

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 · 20243
MORGAN STANLEY · Investment advisory (plan)$94,800
PEACH & MCPHERSON, CERTIFIED PUBLIC$63,500

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

Administrative cost history3
2024$318,835 · 0.23%
2023$224,947 · 0.17%
2022$230,120 · 0.17%
Same employer
Similar plansTransportation & Warehousing · New York
Tops Markets, LLC NY$183.4M · 0.04%
Wheels Up Partners LLC NY$182.0M · 0.09%
Railworks Corporation NY$108.0M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 131595913 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.