Plan Ledger DOL Form 5500 · updated monthly

British Airways PLC401(k)

BRITISH AIRWAYS SAVINGS PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

British Airways PLC reported $189,996 in plan administrative expenses for 2024: 0.08% of average plan assets, below the peer median. Employer contributions averaged $914 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 0.10% to 0.08%. 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 414th-largest of 5,648 plans among New York employers on file, and the 139th of 2,677 in transportation & warehousing. In 2024, employees put in $3.93 for every $1.00 the employer contributed; active participation has grown from 697 to 1,196 since 2022.

Plan summary
Net assets, end of year$232,548,711
Participants with balances955
Active participants1,196
Employer contributions$1,093,344
Employee contributions$4,300,104
Employer contribution per active participant$914
Average account balance$243,507
Benefits paid to participants$29,782,564
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$232.5M · 955 accts · $1.1M emplr
2023$222.1M · 928 accts · $992K emplr
2022$212.4M · 935 accts · $872K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,348
Investment management$7,138
Audit (IQPA)$38,850
Total administrative$189,996
The British Airways PLC 401(k) match · 2024
Employer contribution per active participant$914
Median for plans this size$3,635
2024$914 per active participant
2023$1,309 per active participant
2022$1,251 per active participant

British Airways PLC's 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom 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 · 20244
ALSTON & BIRD · Legal$118,660
EISNERAMPER LLP · Accounting / audit$38,850
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$27,047
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$7,139

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$189,996 · 0.08%
2023$172,492 · 0.08%
2022$234,113 · 0.10%
Same employer
Similar plansTransportation & Warehousing · New York
Lufthansa German Airlines NY$353.8M · 0.07%
Genesee & Wyoming Inc. NY$264.2M · 0.10%
Tops Markets, LLC NY$183.4M · 0.04%
Wheels Up Partners LLC NY$182.0M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 131546240 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.