Plan Ledger DOL Form 5500 · updated monthly

Air New Zealand LTD401(k)

AIR NEW ZEALAND LIMITED 401(K) PLAN · EL SEGUNDO, CA · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Air New Zealand LTD reported $46,308 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $5,716 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 fell from 0.31% to 0.29%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 4,069th-largest of 9,483 plans among California employers on file, and the 836th of 2,677 in transportation & warehousing. In 2024, employees put in $1.96 for every $1.00 the employer contributed; active participation has grown from 70 to 77 since 2022.

Plan summary
Net assets, end of year$16,952,787
Participants with balances118
Active participants77
Employer contributions$440,170
Employee contributions$861,481
Employer contribution per active participant$5,716
Average account balance$143,668
Benefits paid to participants$1,157,397
Plan auditUnmodified (clean) audit opinion
AuditorMILLER KAPLAN
Plan history3
Yearassets · accounts · employer contribution
2024$17.0M · 118 accts · $440K emplr
2023$15.0M · 119 accts · $412K emplr
2022$11.8M · 113 accts · $303K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,011
Investment management$39,297
Total administrative$46,308
The Air New Zealand LTD 401(k) match · 2024
Employer contribution per active participant$5,716
Median for plans this size$2,416
2024$5,716 per active participant
2023$5,282 per active participant
2022$4,328 per active participant

Air New Zealand LTD's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. 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 · 20242
NFP RETIREMENT INC · Investment advisory (plan)$39,297

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$46,308 · 0.29%
2023$55,787 · 0.42%
2022$41,289 · 0.31%
Similar plansTransportation & Warehousing · California
Chipman Corporation CA$17.8M · 0.04%
Osterkamp Trucking Inc. CA$17.0M · 0.61%
Hrd Aero Systems, Inc. CA$16.3M · 0.44%
Ancon Marine, Inc. CA$15.9M · 0.93%
Price Transfer, Inc. CA$15.8M · 0.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952225578 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.