Retirement plan

JFK INTERNATIONAL AIR TERMINAL LLC EMPLOYEES 401(K) SAVINGS AND PROFIT SHARING PLAN

Name: JFK INTERNATIONAL AIR TERMINAL - JFK INTERNATIONAL AIR TERMINAL LLC EMPLOYEES 401(K) SAVINGS AND PROFIT SHARING PLAN (2017) Form 5500
Creator: JFK INTERNATIONAL AIR TERMINAL
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JFK INTERNATIONAL AIR TERMINAL LLC EMPLOYEES 401(K) SAVINGS AND PROFIT SHARING PLAN, JFK INTERNATIONAL AIR TERMINAL

JFK INTERNATIONAL AIR TERMINALEIN 23-2866204Plan #001PY 2017

TERMINAL 4 - ROOM 161.022 - JAMAICA, NY 11430718-751-3802jfkt4.nycLinkedIn51-200 employeesairlines/aviation

Prospect flagsFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$13.7M

+19.7% from 2016

Total participants

140

+12.0% from 2016

Average account balance

$112,288

+8.0% from 2016

Annual return

17.84%

+11.81 pp from 2016

Benchmarks

See 939 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants100-249

Cohort939 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$30.74M

Not enough data

1 years with asset history on file

Average account balance

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

$154K

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.

199

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.

90.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.18M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+11.47%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

1 years with F_SCH_H allocation on file

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Service providers

Top 6 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.2 years Service code 52 · EIN 04-1590850	Indirect Investment Fees	$1,360
AMERICAN FUNDS1 year Service code 52 · EIN 52-0792143	Indirect Investment Fees	$0
ENVESTNET RETIREMENT SOLUTIONS, LLC2 years Service code 27 · EIN 61-1732930	Advisory (Plan)	$0
NORTHERN FUNDS1 year Service code 52 · EIN 56-2496730	Indirect Investment Fees	$0
T ROWE PRICE RPS INC1 year Filed as: T. ROWE PRICE Service code 52 · EIN 56-2294396	Indirect Investment Fees	$0
WELLS FARGO BANK, N.A.1 year Filed as: WELLS FARGO Service code 52 · EIN 41-0449260	Indirect Investment Fees	$0

Plan features & details

Pension benefit codes2E2J2F2G2K3B3D2T

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

2 tripped

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$1K

$12 / participant

Contract admin$50537.1%
Other / not subdivided$85562.9%

% of EOY assets

0.010%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: RSM US LLP
Auditor EIN: 420714325
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$112,288

$52,639+113.3%

$185,117-39.3%

$62,293+80.3%

Participation rate

84.2%

63.9%+20.4pp

77.3%+6.9pp

69.5%+14.7pp

Annual return

17.84%

19.57%-1.7pp

40.50%-22.7pp

28.90%-11.1pp

Employer contribution / active EE

$2,678

$1,483+80.7%

$4,182-35.9%

$2,042+31.2%

Participant deferral / active EE

$6,908

$3,097+123.1%

$5,045+36.9%

$3,169+118.0%

Admin fee / account holder

$11

$374-97.0%

$8,159-99.9%

$479-97.7%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.2 years

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$1,360

AMERICAN FUNDS1 year

Service code 52 · EIN 52-0792143

Indirect Investment Fees

ENVESTNET RETIREMENT SOLUTIONS, LLC2 years

Service code 27 · EIN 61-1732930

Advisory (Plan)

NORTHERN FUNDS1 year

Service code 52 · EIN 56-2496730

Indirect Investment Fees

T ROWE PRICE RPS INC1 year

Filed as: T. ROWE PRICE

Service code 52 · EIN 56-2294396

Indirect Investment Fees

WELLS FARGO BANK, N.A.1 year

Filed as: WELLS FARGO

Service code 52 · EIN 41-0449260

Indirect Investment Fees

JFK INTERNATIONAL AIR TERMINAL LLC EMPLOYEES 401(K) SAVINGS AND PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JFK INTERNATIONAL AIR TERMINAL LLC EMPLOYEES 401(K) SAVINGS AND PROFIT SHARING PLAN

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