Plan Ledger DOL Form 5500 · updated monthly

Empire Airlines Inc.401(k)

EMPIRE AIRLINES, INC. 401 (K) PROFIT SHARING PLAN · HAYDEN, ID · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Empire Airlines Inc. reported $79,447 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $1,863 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 3 years on file its reported administrative ratio has held roughly steady near 0.28%. 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 73rd-largest of 349 plans among Idaho employers on file, and the 555th of 2,677 in transportation & warehousing. In 2024, employees put in $3.62 for every $1.00 the employer contributed; active participation has grown from 252 to 282 since 2022.

Plan summary
Net assets, end of year$29,922,303
Participants with balances431
Active participants282
Employer contributions$525,306
Employee contributions$1,901,379
Employer contribution per active participant$1,863
Average account balance$69,425
Benefits paid to participants$3,949,843
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$29.9M · 431 accts · $525K emplr
2023$27.8M · 431 accts · $524K emplr
2022$23.5M · 425 accts · $465K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$77,164
Investment management$933
Total administrative$79,447
The Empire Airlines Inc. 401(k) match · 2024
Employer contribution per active participant$1,863
Median for plans this size$2,416
2024$1,863 per active participant
2023$1,913 per active participant
2022$1,844 per active participant

Empire Airlines Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size. 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
VOYA RETIREMENT INSURANCE & ANNUITY · Investment advisory (participants)$79,447
ONEDIGITAL TOPCO LLCindirect 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$79,447 · 0.28%
2023$73,030 · 0.28%
2022$73,588 · 0.27%
Same employer
Similar plansTransportation & Warehousing · Idaho
Decker Truck Line, Inc. IA$30.1M · 0.30%
Ratp Dev North America TX$30.1M · 0.51%
Megacorp Logistics, LLC NC$30.0M · 0.90%
Leonard's Express, Inc. NY$29.9M · 0.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 820333168 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.