Plan Ledger DOL Form 5500 · updated monthly

Cargolux Airlines International401(k)

CARGOLUX 401(K) RETIREMENT PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Cargolux Airlines International reported $87,480 in plan administrative expenses for 2024: 0.38% of average plan assets, above the peer median. Employer contributions averaged $4,303 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 0.36% to 0.38%. 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 1,769th-largest of 5,688 plans among Texas employers on file, and the 640th of 2,677 in transportation & warehousing. In 2024, employees put in $1.40 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$24,366,780
Participants with balances185
Active participants161
Employer contributions$692,789
Employee contributions$968,443
Employer contribution per active participant$4,303
Average account balance$131,712
Benefits paid to participants$1,846,200
Plan auditQualified audit opinion
AuditorLOUIS PLUNG & COMPANY, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$24.4M · 185 accts · $693K emplr
2023$21.4M · 175 accts · $766K emplr
2022$18.6M · 176 accts · $749K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$87,480
Total administrative$87,480
The Cargolux Airlines International 401(k) match · 2024
Employer contribution per active participant$4,303
Median for plans this size$2,416
2024$4,303 per active participant
2023$5,144 per active participant
2022$4,995 per active participant

Cargolux Airlines International'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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$87,480
CAMBRIDGE INVESTMENT RESEARCH ADVIS · Investment advisory (plan)indirect comp

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$87,480 · 0.38%
2023$75,125 · 0.38%
2022$70,584 · 0.36%
Same employer
Similar plansTransportation & Warehousing · Texas
Hmm (America), Inc TX$28.4M · 0.30%
Odfjell Holdings (US) Inc. TX$28.4M · 0.38%
Eastex Crude Company TX$28.0M · 0.02%
Wilhelmsen Ships Service TX$23.6M · 0.23%
Fracht Fwo Inc. TX$23.1M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 592116147 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.