Plan Snapshot
- Plan Sponsor: El Al Israel Airlines, Ltd.
- Sponsor EIN: 131626747
- Sponsor Address: 5297 W COPANS ROAD, SUITE 300, MARGATE, FL, 33063
- Plan Type: DB
- Total Participants: 0
- Total Assets: $0
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 0 | $0 | $0 | $0 |
| 2023 | 3 | $24.9M | $5.0M | $0 |
| 2022 | 12 | $38.2M | $0 | $0 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $173,892 | — | $173,892 |
| RAYMOND JAMES AND ASSOC | Investment Advisor | $150,000 | — | $150,000 |
| HOBERMAN & LESSER CPAS, LLP | Auditor | $57,000 | — | $57,000 |
| THE ANGELL PENSION GROUP, INC. | Actuary | $44,526 | — | $44,526 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RAYMOND JAMES AND ASSOC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $425,418
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 | $411,424 | — | $33,430 | $15,000 | — |
| 2023 | $463,478 | $100,000 | $86,946 | $15,000 | — |
| 2022 | $245,707 | $100,000 | $64,807 | — | $37,956 |