National Air Cargo 401(K) Plan — Form 5500 plan (National Air Cargo, Inc.)

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, National Air Cargo 401(K) Plan is a benefit plan reported by National Air Cargo, Inc. under EIN 72-1527000 and plan number 001. The latest loaded filing year is 2023. The filing reports 514 participants and $24,096,928 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
National Air Cargo, Inc.
EIN
72-1527000
Plan number
001
Plan type
2
Location
Orchard Park, NY
Latest filing year
2023
Participants
514
End-of-year plan assets
$24,096,928

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023514H, C20241009145002NAL0018574129001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$24,096,928
Total liabilities (EOY)
$0
Net assets (EOY)
$24,096,928
Net assets (BOY)
$17,900,181

Income & contributions

Employer contributions
$1,106,804
Participant contributions
$2,888,817
Total contributions
$5,008,857
Total income / additions
$8,445,498

Expenses & distributions

Benefits paid
$2,164,909
Administrative expenses
$83,842
Total expenses
$2,248,751
Net increase / (decrease)
$6,196,747

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
John Hancock Life Insurance CompanyRECORDKEEPER$51,260$1,5192023
Merrill LynchNONE$20,528not reported in the loaded dataset2023
Signature Securities GroupRETAINED BY EMPLOYER$7,188not reported in the loaded dataset2023

Related Form 5500 pages