Plan Snapshot
- Plan Sponsor: Atlas Air, INC.
- Sponsor EIN: 841207329
- Sponsor Address: 2000 WESTCHESTER AVENUE, PURCHASE, NY, 10577
- Plan Type: 401(k)
- Total Participants: 4,621
- Total Assets: $1.1B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 4,621 | $1.1B | $80.8M | $67.2M |
| 2023 | 4,602 | $914.3M | $67.8M | $72.5M |
| 2022 | 4,674 | $700.6M | $55.4M | $66.3M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $285,902 | — | $285,902 |
| PROCYON ADVISORS, LLC | INVESTMENT ADVISOR | $139,157 | — | $139,157 |
| CROWE LLP | CONSULTANT | $22,898 | — | $22,898 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $447,957
- Estimated Expense Ratio: 0.041% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $432,037 | — | $4,500 | — | — |
| 2023 | $374,942 | $144,000 | $3,300 | — | — |
| 2022 | $69,483 | — | — | — | — |