Plan Ledger DOL Form 5500 · updated monthly

New York Cruise Lines, Inc.401(k)

NEW YORK CRUISE LINES RETIREMENT AND 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

New York Cruise Lines, Inc. reported $6,616 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,074 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 0.05% to 0.08%. 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 New York (3,792nd of 5,648), and the 1,239th of 2,677 in transportation & warehousing. In 2024, employees put in $2.20 for every $1.00 the employer contributed; active participation has shrunk from 145 to 109 since 2022.

Plan summary
Net assets, end of year$8,777,046
Participants with balances164
Active participants109
Employer contributions$226,053
Employee contributions$496,696
Employer contribution per active participant$2,074
Average account balance$53,519
Benefits paid to participants$650,404
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.8M · 164 accts · $226K emplr
2023$7.6M · 206 accts · $183K emplr
2022$6.7M · 206 accts · $131K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,385
Investment management$2,931
Total administrative$6,616
The New York Cruise Lines, Inc. 401(k) match · 2024
Employer contribution per active participant$2,074
Median for plans this size$1,313
2024$2,074 per active participant
2023$1,082 per active participant
2022$906 per active participant

New York Cruise Lines, Inc.'s 2024 employer contribution ran above the $1,313 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.

Administrative cost history3
2024$6,616 · 0.08%
2023$4,513 · 0.06%
2022$3,667 · 0.05%
Similar plansTransportation & Warehousing · New York
Ficel Transport, Inc. NY$9.2M · 0.33%
Riccelli Holdings, Inc. NY$9.1M · 0.26%
Aramex USA NY$9.1M · 0.81%
Turk Hava Yollari, A.O. NY$7.8M · 0.04%
Riccelli Holdings, Inc. NY$7.8M · 0.28%
Courier Network, Inc. NY$7.6M · 0.41%
Ic Employee Leasing LLC NY$7.5M · 0.73%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133082308 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.