Plan Snapshot
- Plan Sponsor: Piedmont Airlines, INC.
- Sponsor EIN: 520970090
- Sponsor Address: 5443 AIRPORT TERMINAL ROAD, SALISBURY, MD, 21801
- Plan Type: 401(k)
- Total Participants: 21,826
- Total Assets: $225.5M
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 21,826 | $225.5M | $6.0M | $12.3M |
| 2023 | 17,895 | $190.9M | $4.9M | $10.7M |
| 2022 | 14,678 | $154.5M | $4.7M | $9.8M |
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 |
|---|---|---|---|---|
| CBIZ CPAS P.C. | Auditor | — | — | $0 |
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 | $395,969 | $182,425 | — | — | — |
| 2023 | $346,351 | $152,473 | — | — | — |
| 2022 | $173,419 | $114,302 | — | — | — |