Plan Ledger DOL Form 5500 · updated monthly

Turk Hava Yollari, A.O.401(k)

TURKISH AIRLINES INC. 401K PLA · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Turk Hava Yollari, A.O. reported $2,580 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,051 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 0.02% to 0.04%. 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 (3,940th of 5,648), and the 1,307th of 2,677 in transportation & warehousing. In 2024, employees put in $3.69 for every $1.00 the employer contributed; active participation has grown from 160 to 239 since 2022.

Plan summary
Net assets, end of year$7,813,346
Participants with balances154
Active participants239
Employer contributions$251,209
Employee contributions$925,833
Employer contribution per active participant$1,051
Average account balance$50,736
Benefits paid to participants$199,615
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.8M · 154 accts · $251K emplr
2023$6.0M · 136 accts · $202K emplr
2022$4.3M · 125 accts · $145K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,580
Total administrative$2,580
The Turk Hava Yollari, A.O. 401(k) match · 2024
Employer contribution per active participant$1,051
Median for plans this size$1,313
2024$1,051 per active participant
2023$1,011 per active participant
2022$905 per active participant

Turk Hava Yollari, A.O.'s 2024 employer contribution ran below 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.

Service providers · 20242
ADP, INC. · Loan processing · Recordkeeping$2,580
ADP BROKER-DEALER · Other servicesindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024ADP
2023ADP

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$2,580 · 0.04%
2023$1,856 · 0.04%
2022$1,050 · 0.02%
Similar plansTransportation & Warehousing · New York
Riccelli Holdings, Inc. NY$9.1M · 0.26%
Aramex USA NY$9.1M · 0.81%
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 133470138 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.