Retirement plan

SCANDINAVIAN AIRLINES OF NORTH AMERICA INC. 401(K) SAVINGS AND RETIREMENT PROGRAM

Name: SCANDINAVIAN AIRLINES OF NORTH AMERICA INC. - SCANDINAVIAN AIRLINES OF NORTH AMERICA INC. 401(K) SAVINGS AND RETIREMENT PROGRAM (2017) Form 5500
Creator: SCANDINAVIAN AIRLINES OF NORTH AMERICA INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SCANDINAVIAN AIRLINES OF NORTH AMERICA INC. 401(K) SAVINGS AND RETIREMENT PROGRAM, SCANDINAVIAN AIRLINES OF NORTH AMERICA INC.

SCANDINAVIAN AIRLINES OF NORTH AMERICA INC.EIN 11-1782393Plan #002PY 2017

301 ROUTE 17 NORTH, SUITE 500 - RUTHERFORD, NJ 07070201-896-3595LinkedIn201-500 employeesairlines/aviation

Other plans on this EIN

1 filing

#001Retirement-$38.2M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$14.2M

+16.2% from 2016

Total participants

-2.3% from 2016

Average account balance

$171,058

+19.0% from 2016

Annual return

17.12%

+9.39 pp from 2016

Benchmarks

See 3,497 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants25-99

Cohort3,497 peers

Snapshot2017

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$19.49M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$300K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

250.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$249K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+13.96%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$13296

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$463K

$13234 / participant

Other / not subdivided$463K100.0%

% of EOY assets

3.262%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$171,058

$52,580+225.3%

$71,671+138.7%

$70,126+143.9%

Participation rate

97.1%

60.9%+36.3pp

68.7%+28.4pp

69.5%+27.6pp

Annual return

17.12%

20.25%-3.1pp

20.65%-3.5pp

73.15%-56.0pp

Employer contribution / active EE

$3,949

$1,616+144.4%

$2,460+60.5%

$2,343+68.6%

Participant deferral / active EE

$6,021

$2,386+152.3%

$3,438+75.1%

$3,332+80.7%

Admin fee / account holder

$5,580

$3,653+52.8%

$5,558+0.4%

$4,645+20.1%

SCANDINAVIAN AIRLINES OF NORTH AMERICA INC. 401(K) SAVINGS AND RETIREMENT PROGRAM

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SCANDINAVIAN AIRLINES OF NORTH AMERICA INC. 401(K) SAVINGS AND RETIREMENT PROGRAM

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion