Vornado Air, LLC 401(K) Profit Sharing Plan — Form 5500 plan (Vornado Air, LLC)

Plain-English plan 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, Vornado Air, LLC 401(K) Profit Sharing Plan is a benefit plan reported by Vornado Air, LLC under EIN 13-4339727 and plan number 001. The latest loaded filing year is 2023. The filing reports 167 participants and $13,264,799 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$13.3MPlan net assets, end of year$13,264,799
Participants167Covered participants reported
Assets / participant$79.4KComputed: assets ÷ participants$79,430 (computed)
Provider compensation$38.8K2 Schedule C provider row(s)$38,762
Plan sponsor
Vornado Air, LLC
EIN
13-4339727
Plan number
001
Plan type
2
Location
Andover, KS
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023167H, C20241003134851NAL0019745138001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$13.3M total assets
Net assets$13.3MLiabilities$0
Money in vs. money out
Total income / additions$3.5M
Total expenses$861.8K
Benefits paid / distributions$851.1K
Contributions
Employer$422K
Participant$1.1M
Full reported line items

Net assets

Total assets (EOY)
$13,264,799
Total liabilities (EOY)
$0
Net assets (EOY)
$13,264,799
Net assets (BOY)
$10,659,727

Income & contributions

Employer contributions
$421,995
Participant contributions
$1,101,833
Total contributions
$1,593,881
Total income / additions
$3,466,873

Expenses & distributions

Benefits paid
$851,054
Administrative expenses
$10,747
Total expenses
$861,801
Net increase / (decrease)
$2,605,072
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 28%Participant 72%
Total expenses ÷ net assets6%Computed ratio
Benefits paid ÷ total income25%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Cetera Advisor Networks LLCADVISOR$0$28,0152023
Fidelity Investments InstitutionalRECORDKEEPER$10,747$02023

Related Form 5500 pages