Plan Snapshot
- Plan Sponsor: Lufthansa German Airlines
- Sponsor EIN: 131789847
- Sponsor Address: 1400 RXR PLAZA - WEST TOWER, UNIONDALE, NY, 11556
- Plan Type: Health & Welfare
- Plan Number: 503
- Total Participants: 1,420
- 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 | 1,420 | $0 | $17.0M | $4.1M |
| 2023 | 1,269 | $0 | $14.3M | $3.4M |
| 2022 | 1,284 | $0 | $9.8M | $3.4M |
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 |
|---|---|---|---|---|
| CIGNA HEALTH & LIFE INSURANCE CO | Other Service Provider | $948,633 | — | $948,633 |
| EVERNORTH BEHAVIORAL HEALTH, INC. | Other Service Provider | $28,312 | — | $28,312 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $976,945
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 | $768,633 | — | $650,964 | — | — |
| 2023 | $786,877 | — | $619,455 | — | — |
| 2022 | $711,517 | — | $594,161 | — | $117,356 |