Plan Ledger DOL Form 5500 · updated monthly

Airlines for America401(k)

AIRLINES FOR AMERICA EMPLOYEE SAVINGS PLAN · WASHINGTON, DC · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Airlines for America reported $6,078 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $12,651 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 0.007% to 0.012%. 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 167th-largest of 618 plans among District of Columbia employers on file, and the 369th of 2,677 in transportation & warehousing. In 2024, employees put in $1.19 for every $1.00 the employer contributed; active participation has grown from 79 to 93 since 2022.

Plan summary
Net assets, end of year$53,169,907
Participants with balances121
Active participants93
Employer contributions$1,176,531
Employee contributions$1,400,030
Employer contribution per active participant$12,651
Average account balance$439,421
Benefits paid to participants$2,246,087
Plan auditUnmodified (clean) audit opinion
AuditorAPRIO, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$53.2M · 121 accts · $1.2M emplr
2023$44.5M · 121 accts · $1.1M emplr
2022$36.2M · 118 accts · $958K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,072
Investment management$2
Audit (IQPA)$3,000
Total administrative$6,078
The Airlines for America 401(k) match · 2024
Employer contribution per active participant$12,651
Median for plans this size$2,416
2024$12,651 per active participant
2023$13,375 per active participant
2022$12,127 per active participant

Airlines for America'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 · 20245
EMPOWER ANNUITY INSURANCE COMPANY O · Contract administrator · Recordkeeping$2,872
APRIO LLP · Accounting / audit$3,000
EMPOWER FINANCIAL SERVICES, INC. · Securities brokerage$35
ADVISED ASSETS GROUP, LLC · Investment management$2

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

Recordkeeper by year2
2024Empower
2023Prudential

This plan has changed recordkeepers within these filings. If you left Airlines for America before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$6,078 · 0.01%
2023$13,310 · 0.03%
2022$2,804 · 0.01%
Similar plansTransportation & Warehousing · District of Columbia
Bruce Oakley, Inc. AR$53.1M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 522113962 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.