Plan Ledger DOL Form 5500 · updated monthly

Western Global Airlines401(k)

WESTERN GLOBAL AIRLINES 401(K) PROFIT SHARING · ESTERO, FL · plan year 2024

Reported admin expense ratio · 2024
1.26%

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

Western Global Airlines reported $116,640 in plan administrative expenses for 2024: 1.26% of average plan assets, higher than ~90% of peers. Employer contributions averaged $521 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 0.98% to 1.26%. 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 Florida (1,833rd of 3,644), and the 1,186th of 2,677 in transportation & warehousing. In 2024, employees put in $10.84 for every $1.00 the employer contributed; active participation has shrunk from 388 to 290 since 2022.

Plan summary
Net assets, end of year$9,581,970
Participants with balances189
Active participants290
Employer contributions$151,085
Employee contributions$1,637,922
Employer contribution per active participant$521
Average account balance$50,698
Benefits paid to participants$2,206,337
Plan auditUnmodified (clean) audit opinion
AuditorHALLOWELL 401K ASSURANCE LLC
Plan history3
Yearassets · accounts · employer contribution
2024$9.6M · 189 accts · $151K emplr
2023$8.9M · 181 accts · $328K emplr
2022$7.9M · 227 accts · $393K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,090
Investment management$64,975
Audit (IQPA)$11,000
Total administrative$116,640
The Western Global Airlines 401(k) match · 2024
Employer contribution per active participant$521
Median for plans this size$1,313
2024$521 per active participant
2023$1,236 per active participant
2022$1,012 per active participant

Western Global Airlines's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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 · 20247
PLANNED RETIREMENT CONSULTANTS & A · Investment advisory (plan)$24,236
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$22,090
PACE FIDUCIARY SERVICES. LLC. · Consulting$18,575
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$17,544
FOUNTAINHEAD CAPITAL MANAGEMENT LLC · Investment advisory (plan)$16,705
HALLOWELL 401(K) ASSURANCE, LLC. · Accounting / audit$11,000
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$6,490

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$116,640 · 1.26%
2023$101,693 · 1.21%
2022$77,685 · 0.98%
All plans at this employer2
WESTERN GLOBAL AIRLINES 401(K) PROFIT SHARING401(k)
WESTERN GLOBAL AIRLINES, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansTransportation & Warehousing · Florida
Igps Logistics LLC FL$10.5M · 0.51%
Bekins A-1 Movers, Inc FL$10.1M · 0.11%
Walpole, Inc. FL$9.7M · 0.64%
Sts Holdings, LLC FL$9.5M · 0.65%
Trailer Bridge, Inc. FL$8.5M · 0.70%
Norcom Realty Corp. FL$7.5M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 300769265 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.