2023 Form 5500 filing — Virgin Atlantic Airways, Ltd. 401(K) Retirement Savings 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 20241015202620NAL0058063634001) for Virgin Atlantic Airways, Ltd. 401(K) Retirement Savings Plan, reported by Virgin Atlantic Airways, Ltd. under EIN 13-3213123 and plan number 001. It reports 284 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015202620NAL0058063634001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Virgin Atlantic Airways, Ltd.
- EIN
- 13-3213123
- Plan number
- 001
- Location
- Atlanta, GA
- Participants
- 284
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $38,882,186
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $38,882,186
- Employer contributions
- $356,346
- Participant contributions
- $588,996
- Total income / additions
- $6,837,368
- Benefits paid
- $2,674,638
- Administrative expenses
- $53,700
- Total expenses
- $2,757,070
- Net increase / (decrease)
- $4,080,298
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| 401k Advisors Inc | INVESTMENT/FINANCIAL ADVI | $35,000 | $0 |
| Citrin Cooperman & Company, Llp | ACCOUNTANT | $17,500 | $0 |
| Adp, Inc. | RECORD KEEPER | $1,200 | $0 |
| Adp Broker-Dealer | RECORD KEEPER | $0 | $0 |