Global Crossing Airlines Inc. 401(K) Plan — Form 5500 plan (Global Crossing Airlines Inc.)
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, Global Crossing Airlines Inc. 401(K) Plan is a benefit plan reported by Global Crossing Airlines Inc. under EIN 83-2108996 and plan number 001. The latest loaded filing year is 2023. The filing reports 406 participants and $2,501,705 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Global Crossing Airlines Inc.
- EIN
- 83-2108996
- Plan number
- 001
- Plan type
- 2
- Location
- Miami Springs, FL
- Latest filing year
- 2023
- Participants
- 406
- End-of-year plan assets
- $2,501,705
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 406 | H, C | 20241015162903NAL0029108065001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $2,501,705
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $2,501,705
- Net assets (BOY)
- $1,052,258
Income & contributions
- Participant contributions
- $1,425,072
- Total contributions
- $1,538,037
- Total income / additions
- $1,823,352
Expenses & distributions
- Benefits paid
- $327,441
- Administrative expenses
- $36,624
- Total expenses
- $373,905
- Net increase / (decrease)
- $1,449,447
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $36,623 | $0 | 2023 |
| Resources Investment Advisors | INVESTMENT ADVISORY | $0 | $6,524 | 2023 |