Plan Snapshot
- Plan Sponsor: El Al Israel Airlines, Ltd.
- Sponsor EIN: 131626747
- Sponsor Address: 5297 W. COPANS ROAD, MARGATE, FL, 33063
- Plan Type: 401(k)
- Total Participants: 61
- Total Assets: $14.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- 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 | 61 | $14.1M | $126,409 | $494,637 |
| 2023 | 62 | $14.4M | $87,809 | $413,629 |
| 2022 | 55 | $13.9M | $46,399 | $326,741 |
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 |
|---|---|---|---|---|
| HOBERMAN & LESSER CPAS, LLP | Auditor | $20,500 | — | $20,500 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $20,500
- Estimated Expense Ratio: 0.146% 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 | $76,271 | $29,598 | $26,173 | $20,500 | — |
| 2023 | $47,385 | $28,081 | $4,306 | $14,998 | — |
| 2022 | $94,705 | $28,796 | $51,409 | — | $14,500 |