Plan Ledger DOL Form 5500 · updated monthly

Wheels Up Partners LLC401(k)

WHEELS UP PARTNERS LLC RETIREMENT SAVINGS PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Wheels Up Partners LLC reported $164,926 in plan administrative expenses for 2024: 0.09% of average plan assets, below the peer median. Employer contributions averaged $4,846 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 fell from 0.10% to 0.09%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 505th-largest of 5,648 plans among New York employers on file, and the 160th of 2,677 in transportation & warehousing. In 2024, employees put in $2.51 for every $1.00 the employer contributed; active participation has shrunk from 2,782 to 1,447 since 2022.

Plan summary
Net assets, end of year$181,959,626
Participants with balances2,711
Active participants1,447
Employer contributions$7,012,628
Employee contributions$17,618,076
Employer contribution per active participant$4,846
Average account balance$67,119
Benefits paid to participants$45,888,720
Plan auditUnmodified (clean) audit opinion
AuditorFARBER, BLICHT, EYERMAN & HERZOG, L
Plan history3
Yearassets · accounts · employer contribution
2024$182.0M · 2,711 accts · $7.0M emplr
2023$176.1M · 2,852 accts · $16.2M emplr
2022$134.1M · 3,101 accts · $11.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$164,861
Investment management$65
Total administrative$164,926
The Wheels Up Partners LLC 401(k) match · 2024
Employer contribution per active participant$4,846
Median for plans this size$3,635
2024$4,846 per active participant
2023$9,352 per active participant
2022$4,103 per active participant

Wheels Up Partners LLC's 2024 employer contribution ran above the $3,635 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$164,861

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$164,926 · 0.09%
2023$170,069 · 0.11%
2022$132,812 · 0.10%
Same employer
Similar plansTransportation & Warehousing · New York
British Airways PLC NY$232.5M · 0.08%
Tops Markets, LLC NY$183.4M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 454068474 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.