Retirement plan

JETBLUE AIRWAYS CORPORATION DEFERRED SAVINGS PLAN FOR PUERTO RICO CREWMEMBERS

Name: JETBLUE AIRWAYS CORPORATION - JETBLUE AIRWAYS CORPORATION DEFERRED SAVINGS PLAN FOR PUERTO RICO CREWMEMBERS (2017) Form 5500
Creator: JETBLUE AIRWAYS CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JETBLUE AIRWAYS CORPORATION DEFERRED SAVINGS PLAN FOR PUERTO RICO CREWMEMBERS, JETBLUE AIRWAYS CORPORATION

JETBLUE AIRWAYS CORPORATIONEIN 87-0617894Plan #002PY 2017

27-01 QUEENS PLAZA NORTH 7TH FLOOR - LONG ISLAND CITY, NY 11101800-466-5062LinkedIn10001+ employeesairlines/aviation

Other plans on this EIN

1 filing

#001Retirement-$2.23B assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$8.1M

-19.9% from 2016

Total participants

384

-0.8% from 2016

Average account balance

$21,156

-18.9% from 2016

Annual return

19.69%

-7.14 pp from 2016

Benchmarks

See 639 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants250-999

Cohort639 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$19.22M

Not enough data

1 years with asset history on file

Average account balance

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

$32K

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.

607

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.

77.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.63M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+13.45%

Not enough data

1 years with return on file

Admin fee / account holder

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

$23

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

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

Service providers

Top 1 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Service code 15 · EIN 84-0467907	Recordkeeping	$3,175

Plan features & details

Pension benefit codes2E2F2G2T3H3J

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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).
3J
U.S.-based Puerto Rico dual-qualified plan
U.S.-based plan that covers residents of Puerto Rico and is qualified under both Code section 401 and section 1165 of the Internal Revenue Code of Puerto Rico.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$7K

$18 / participant

Other / not subdivided$7K100.0%

% of EOY assets

0.082%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BDO USA, LLP
Auditor EIN: 135381590
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$21,156

$44,059-52.0%

$71,671-70.5%

$69,634-69.6%

Participation rate

99.7%

60.8%+39.0pp

68.7%+31.0pp

70.7%+29.0pp

Annual return

19.69%

21.97%-2.3pp

20.65%-1.0pp

27572.26%-27552.6pp

Employer contribution / active EE

$3,058

$1,305+134.4%

$2,460+24.3%

$2,032+50.5%

Participant deferral / active EE

$1,451

$2,370-38.8%

$3,438-57.8%

$3,224-55.0%

Admin fee / account holder

$17

$108-83.8%

$5,558-99.7%

$110-84.2%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Service code 15 · EIN 84-0467907

Recordkeeping

$3,175

JETBLUE AIRWAYS CORPORATION DEFERRED SAVINGS PLAN FOR PUERTO RICO CREWMEMBERS

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JETBLUE AIRWAYS CORPORATION DEFERRED SAVINGS PLAN FOR PUERTO RICO CREWMEMBERS

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