Plan Snapshot
- Plan Sponsor: Norse Atlantic Airways Us, LLC
- Sponsor EIN: 880825570
- Sponsor Address: 5525 NW 15 AVE, FORT LAUDERDALE, FL, 33309
- Plan Type: 401(k)
- Total Participants: 213
- Total Assets: $1.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 213 | $1.5M | $179,449 | $485,032 |
| 2023 | 250 | $787,194 | $140,325 | $341,675 |
| 2022 | 214 | $286,818 | $70,742 | $153,585 |
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 |
|---|---|---|---|---|
| BERKOWITZ POLLACK BRANT | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BERKOWITZ POLLACK BRANT — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $11,829 | $4,887 | — | — | — |
| 2023 | $6,045 | $2,090 | — | — | — |
| 2022 | $580 | — | — | — | — |