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, Southern Air, Inc. Cash Or Deferred Profit Sharing Plan is a benefit plan reported by Southern Air Inc. under EIN 54-0604377 and plan number 002. The latest loaded filing year is 2023. The filing reports 913 participants and $62,011,038 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $62,011,038
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $62,011,038
- Net assets (BOY)
- $51,342,729
Income & contributions
- Employer contributions
- $887,698
- Participant contributions
- $3,565,165
- Total contributions
- $4,673,592
- Total income / additions
- $14,472,973
Expenses & distributions
- Benefits paid
- $3,732,079
- Administrative expenses
- $72,585
- Total expenses
- $3,804,664
- Net increase / (decrease)
- $10,668,309