Virgin Atlantic Airways, Ltd. 401(K) Retirement Savings Plan — Form 5500 plan (Virgin Atlantic Airways, Ltd.)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Virgin Atlantic Airways, Ltd. 401(K) Retirement Savings Plan is a benefit plan reported by Virgin Atlantic Airways, Ltd. under EIN 13-3213123 and plan number 001. The latest loaded filing year is 2023. The filing reports 284 participants and $38,882,186 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Virgin Atlantic Airways, Ltd.
EIN
13-3213123
Plan number
001
Plan type
2
Location
Atlanta, GA
Latest filing year
2023
Participants
284
End-of-year plan assets
$38,882,186

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023284H, C20241015202620NAL0058063634001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$38,882,186
Total liabilities (EOY)
$0
Net assets (EOY)
$38,882,186
Net assets (BOY)
$34,801,888

Income & contributions

Employer contributions
$356,346
Participant contributions
$588,996
Total contributions
$945,342
Total income / additions
$6,837,368

Expenses & distributions

Benefits paid
$2,674,638
Administrative expenses
$53,700
Total expenses
$2,757,070
Net increase / (decrease)
$4,080,298

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
401k Advisors IncINVESTMENT/FINANCIAL ADVI$35,000$02023
Citrin Cooperman & Company, LlpACCOUNTANT$17,500$02023
Adp, Inc.RECORD KEEPER$1,200$02023
Adp Broker-DealerRECORD KEEPER$0$02023

Related Form 5500 pages