Plan Ledger DOL Form 5500 · updated monthly

Ncl Bahamas LTD401(k)

NCLC 401(K) PLAN · MIAMI, FL · plan year 2024

Employer contribution per participant · 2024
$2,506

Ncl Bahamas LTD's 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $330,240,794 across 5,009 participant accounts, with employer contributions averaging $2,506 per active participant. See methodology for what Form 5500 does and doesn't capture.

Across the 1 year on file its reported administrative ratio fell from 0.09% to 0.07%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 115th-largest of 3,644 plans among Florida employers on file, and the 107th of 2,677 in transportation & warehousing. In 2024, employees put in $2.12 for every $1.00 the employer contributed; active participation has grown from 4,251 to 4,828 since 2022.

Plan summary
Net assets, end of year$330,240,794
Participants with balances5,009
Active participants4,828
Employer contributions$12,097,852
Employee contributions$25,705,186
Employer contribution per active participant$2,506
Average account balance$65,929
Benefits paid to participants$29,567,163
Plan auditUnmodified (clean) audit opinion
AuditorBERKOWITZ POLLACK BRANT
Plan history3
Yearassets · accounts · employer contribution
2024$330.2M · 5,009 accts · $12.1M emplr
2023$273.2M · 4,954 accts · $337K emplr
2022$224.6M · 4,772 accts · $11.5M emplr
Administrative expenses, itemized · 2024
Audit (IQPA)$53,574
Total administrative-$30,514
The Ncl Bahamas LTD 401(k) match · 2024
Employer contribution per active participant$2,506
Median for plans this size$4,294
2024$2,506 per active participant
2023$72 per active participant
2022$2,716 per active participant

Ncl Bahamas LTD's 2024 employer contribution ran below the $4,294 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.

Service providers · 20243
SOLTIS INVESTMENT ADVISORS LLC · Investment advisory (participants)$112,296
BERKOWITZ POLLACK BRANT ADVISORS & · Accounting / audit$60,174
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect 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
2024Not separately reported
2023$167,824 · 0.07%
2022$212,291 · 0.09%
Same employer
Similar plansTransportation & Warehousing · Florida
Carnival Corporation FL$500.6M · 0.08%
Crowley Holdings Inc. FL$410.6M · 0.06%
Signature Aviation USA, LLC FL$304.4M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200470259 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.