Plan Ledger DOL Form 5500 · updated monthly

Emirates USA401(k)

EMIRATES RETIREMENT SAVINGS PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Emirates USA reported $71,727 in plan administrative expenses for 2024: 0.16% of average plan assets, below the peer median. Employer contributions averaged $5,991 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 0.20% to 0.16%. 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 1,397th-largest of 5,648 plans among New York employers on file, and the 390th of 2,677 in transportation & warehousing. In 2024, employees put in $1.11 for every $1.00 the employer contributed; active participation has grown from 207 to 302 since 2022.

Plan summary
Net assets, end of year$48,107,361
Participants with balances411
Active participants302
Employer contributions$1,809,194
Employee contributions$2,007,934
Employer contribution per active participant$5,991
Average account balance$117,050
Benefits paid to participants$5,336,019
Plan auditUnmodified (clean) audit opinion
AuditorPRAGER METIS CPAS, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$48.1M · 411 accts · $1.8M emplr
2023$42.2M · 389 accts · $1.4M emplr
2022$35.1M · 352 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,211
Investment management$48,516
Total administrative$71,727
The Emirates USA 401(k) match · 2024
Employer contribution per active participant$5,991
Median for plans this size$2,416
2024$5,991 per active participant
2023$5,861 per active participant
2022$5,384 per active participant

Emirates USA'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
BGW WEALTH ADVISORS LLC · Investment advisory (plan)$48,516
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$23,211

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$71,727 · 0.16%
2023$69,111 · 0.18%
2022$78,231 · 0.20%
Same employer
Similar plansTransportation & Warehousing · New York
Jp Express Service Inc. NY$59.2M · 0.00%
Port Liberty USA LLC NY$58.3M · 0.01%
Klm Royal Dutch Airlines NY$48.1M · 0.27%
Liberty Lines Transit, Inc. NY$42.3M · 0.00%
Alclear, LLC NY$42.2M · 1.06%
Bollore Logistics USA Inc. NY$41.6M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 980156351 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.