Plan Ledger DOL Form 5500 · updated monthly

Qantas Airways Limited401(k)

QANTAS AIRWAYS LIMITED CAPITAL ACCUMULATION PLAN · LOS ANGELES, CA · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Qantas Airways Limited reported $87,384 in plan administrative expenses for 2024: 0.31% of average plan assets, above the peer median. Employer contributions averaged $6,915 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 0.19% to 0.31%. 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 2,629th-largest of 9,483 plans among California employers on file, and the 541st of 2,677 in transportation & warehousing. In 2024, employees put in $1.06 for every $1.00 the employer contributed; active participation has grown from 174 to 279 since 2022.

Plan summary
Net assets, end of year$30,747,358
Participants with balances394
Active participants279
Employer contributions$1,929,383
Employee contributions$2,041,939
Employer contribution per active participant$6,915
Average account balance$78,039
Benefits paid to participants$3,134,660
Plan auditUnmodified (clean) audit opinion
AuditorPRAGER METIS, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$30.7M · 394 accts · $1.9M emplr
2023$26.5M · 355 accts · $1.4M emplr
2022$21.5M · 340 accts · $507K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,011
Investment management$70,370
Total administrative$87,384
The Qantas Airways Limited 401(k) match · 2024
Employer contribution per active participant$6,915
Median for plans this size$2,416
2024$6,915 per active participant
2023$5,389 per active participant
2022$2,915 per active participant

Qantas Airways Limited'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
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$66,649
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$17,011

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$87,384 · 0.31%
2023$74,754 · 0.31%
2022$42,279 · 0.19%
Same employer
Similar plansTransportation & Warehousing · California
Wedriveu, Inc. CA$32.8M · 0.42%
Apex Maritime Co., Inc. CA$30.6M · 0.00%
Logisteed America, Inc. CA$29.2M · 0.35%
Kaiserair, Inc. CA$28.6M · 0.19%
Matheson Trucking, Inc. CA$28.2M · 1.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 941096229 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.