Plan Ledger DOL Form 5500 · updated monthly

Caribbean Sun Airlines, Inc. dba401(k)

CARIBBEAN SUN AIRLINES, INC. DBA WORLD ATLANTIC AIRLINES 401(K) P · MIAMI, FL · plan year 2024

Reported admin expense ratio · 2024
1.30%

Caribbean Sun Airlines, Inc. dba reported $26,437 in plan administrative expenses for 2024: 1.30% of average plan assets, higher than ~90% of peers. 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 0.73% to 1.30%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Florida (3,079th of 3,644), and 2,087th of 2,677 in transportation & warehousing.

Plan summary
Net assets, end of year$2,132,080
Participants with balances611
Active participants221
Employer contributions—
Employee contributions$282,441
Employer contribution per active participant—
Average account balance$3,489
Benefits paid to participants$265,213
Plan auditUnmodified (clean) audit opinion
AuditorDSR CPA & CONSULTANTS
Plan history3
Yearassets · accounts · employer contribution
2024$2.1M · 611 accts
2023$1.9M · 523 accts
2022$2.0M · 480 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,629
Investment management$9,808
Total administrative$26,437
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
ADP, INC. · Loan processing · Recordkeeping$16,629
AMERICAN PORTFOLIOS ADVISORS, INC. · Recordkeeping · Trustee$9,807
ADP BROKER-DEALER · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP, AMERICAN PORTFOLIOS ADVISORS, INC.
2023ADP, AMERICAN PORTFOLIOS ADVISORS, INC.

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Administrative cost history3
2024$26,437 · 1.30%
2023$19,093 · 0.97%
2022$16,251 · 0.73%
Similar plansTransportation & Warehousing · Florida
Bynum Transport, Inc. FL$2.3M · 0.80%
Ralph'Stransfer Co., Inc FL$2.1M · 0.14%
Prp Logistics LLC FL$2.0M · 1.48%
Cwi Logistics Inc. FL$1.6M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 270508248 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.