Plan Ledger DOL Form 5500 · updated monthly

Atlas Air, Inc.401(k)

THE ATLAS AIR, INC. RETIREMENT PLAN · PURCHASE, NY · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Atlas Air, Inc. reported $432,037 in plan administrative expenses for 2024: 0.04% of average plan assets, below the peer median. Employer contributions averaged $17,476 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 0.01% to 0.04%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 110th-largest of 5,648 plans among New York employers on file, and the 36th of 2,677 in transportation & warehousing. In 2024, the employer put in $1.20 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$1,105,788,658
Participants with balances6,034
Active participants4,621
Employer contributions$80,756,143
Employee contributions$67,152,174
Employer contribution per active participant$17,476
Average account balance$183,260
Benefits paid to participants$119,109,515
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$1.1B · 6,034 accts · $80.8M emplr
2023$914.3M · 5,882 accts · $67.8M emplr
2022$700.6M · 5,758 accts · $55.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$269,304
Total administrative$432,037
The Atlas Air, Inc. 401(k) match · 2024
Employer contribution per active participant$17,476
Median for plans this size$5,259
2024$17,476 per active participant
2023$14,736 per active participant
2022$11,849 per active participant

Atlas Air, Inc.'s 2024 employer contribution ran above the $5,259 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$285,902
PROCYON ADVISORS, LLC$139,157
CROWE LLP · Consulting$22,898

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$432,037 · 0.04%
2023$374,942 · 0.05%
2022$69,483 · 0.01%
Same employer
Similar plansTransportation & Warehousing · New York
Spirit Airlines, Inc. FL$1.2B · 0.04%
Univar Solutions USA Inc. IL$1.1B · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 841207329 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.