Plan Snapshot
- Plan Sponsor: Global Crossing Airlines INC.
- Sponsor EIN: 832108996
- Sponsor Address: 4200 NW 36TH STREET, MIAMI SPRINGS, FL, 33166
- Plan Type: 401(k)
- Total Participants: 679
- Total Assets: $4.8M
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 | 679 | $4.8M | $409,412 | $2.2M |
| 2023 | 669 | $2.5M | $0 | $1.4M |
| 2022 | 377 | $1.1M | $0 | $878,910 |
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 |
|---|---|---|---|---|
| ADP, INC. | RECORD KEEPER | $24,885 | — | $24,885 |
| RESOURCES INVESTMENT ADVISORS, INC. | CONSULTANT | $9,698 | — | $9,698 |
| ROSENBERG RICH BAKER BERMAN P.A. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — RECORD KEEPER
- RESOURCES INVESTMENT ADVISORS, INC. — CONSULTANT
- ROSENBERG RICH BAKER BERMAN P.A. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $34,583
- Estimated Expense Ratio: 0.714% 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 | $45,109 | $21,893 | — | — | — |
| 2023 | $36,624 | — | $36,624 | — | — |
| 2022 | $15,866 | — | $15,866 | — | — |