2023 Form 5500 filing — National Air Cargo 401(K) Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241009145002NAL0018574129001) for National Air Cargo 401(K) Plan, reported by National Air Cargo, Inc. under EIN 72-1527000 and plan number 001. It reports 514 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241009145002NAL0018574129001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- National Air Cargo, Inc.
- EIN
- 72-1527000
- Plan number
- 001
- Location
- Orchard Park, NY
- Participants
- 514
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $24,096,928
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $24,096,928
- Employer contributions
- $1,106,804
- Participant contributions
- $2,888,817
- Total income / additions
- $8,445,498
- Benefits paid
- $2,164,909
- Administrative expenses
- $83,842
- Total expenses
- $2,248,751
- Net increase / (decrease)
- $6,196,747
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| John Hancock Life Insurance Company | RECORDKEEPER | $51,260 | $1,519 |
| Merrill Lynch | NONE | $20,528 | not reported in the loaded dataset |
| Signature Securities Group | RETAINED BY EMPLOYER | $7,188 | not reported in the loaded dataset |