Plan Snapshot
- Plan Sponsor: Lufthansa German Airlines
- Sponsor EIN: 131789847
- Sponsor Address: 1400 RXR PLAZA - WEST TOWER, UNIONDALE, NY, 11556
- Plan Type: 401(k)
- Total Participants: 1,858
- Total Assets: $353.8M
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 | 1,858 | $353.8M | $9.1M | $13.8M |
| 2023 | 1,773 | $312.1M | $8.1M | $12.0M |
| 2022 | 1,602 | $264.7M | $6.6M | $10.5M |
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 |
|---|---|---|---|---|
| MERRILL LYNCH, PIERCE, FENNER AND S | RECORDKEEPER | $139,350 | — | $139,350 |
| GGF, LLP | ACCOUNTANT | $42,440 | — | $42,440 |
| GREEN HASSON & JANKS LLP | Auditor | $42,440 | — | $42,440 |
| CAPTRUST | CONSULTANT | $35,485 | — | $35,485 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GREEN HASSON & JANKS LLP — Auditor
- CAPTRUST — CONSULTANT
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $259,715
- Estimated Expense Ratio: 0.073% 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 | $234,336 | $37,309 | — | $42,440 | — |
| 2023 | $203,196 | — | — | $30,008 | — |
| 2022 | $215,241 | — | — | — | — |