Southern Air Incorporated Employee Stock Ownership Plan And Trust — Form 5500 plan (Southern Air Incorporated)
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, Southern Air Incorporated Employee Stock Ownership Plan And Trust is a benefit plan reported by Southern Air Incorporated under EIN 54-0604377 and plan number 001. The latest loaded filing year is 2023. The filing reports 677 participants and $31,937,291 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Southern Air Incorporated
- EIN
- 54-0604377
- Plan number
- 001
- Plan type
- 2
- Location
- Lynchburg, VA
- Latest filing year
- 2023
- Participants
- 677
- End-of-year plan assets
- $31,937,291
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 677 | H | 20241121114408NAL0000971664001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $31,937,291
- Total liabilities (EOY)
- $780
- Net assets (EOY)
- $31,936,511
- Net assets (BOY)
- $28,016,951
Income & contributions
- Employer contributions
- $3,996,611
- Total contributions
- $3,996,611
- Total income / additions
- $6,864,161
Expenses & distributions
- Benefits paid
- $2,943,821
- Administrative expenses
- $780
- Total expenses
- $2,944,601
- Net increase / (decrease)
- $3,919,560
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.