Plan Snapshot
- Plan Sponsor: British Airways PLC
- Sponsor EIN: 131546240
- Sponsor Address: 11 WEST 42ND STREET, NEW YORK, NY, 10036
- Plan Type: 401(k)
- Total Participants: 1,196
- Total Assets: $232.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,196 | $232.5M | $1.1M | $4.3M |
| 2023 | 758 | $222.2M | $992,064 | $3.4M |
| 2022 | 697 | $212.4M | $871,793 | $3.3M |
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 |
|---|---|---|---|---|
| ALSTON & BIRD | ATTORNEY/LEGAL | $118,660 | — | $118,660 |
| EISNERAMPER LLP | ACCOUNTANT/AUDITOR | $38,850 | — | $38,850 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $27,047 | — | $27,047 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $7,139 | — | $7,139 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALSTON & BIRD — ATTORNEY/LEGAL
- EISNERAMPER LLP — ACCOUNTANT/AUDITOR
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $191,696
- Estimated Expense Ratio: 0.082% 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 | $189,996 | $7,138 | $300 | $38,850 | — |
| 2023 | $172,492 | $962 | $1,200 | $61,950 | — |
| 2022 | $234,113 | — | — | — | — |