Air Cruisers 401(k) match, vesting and fees
What Air Cruisers' 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | John Hancock | Schedule C ↗ |
| Independent auditor | Cohnreznick LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2024 medians for 8,908 defined-contribution plans in manufacturing with 100 to 499 participants.
| Air Cruisers: employer contribution per participant | $5,327 | |
| Peer median | $1,847 |
| Air Cruisers: average balance | $148,377 | |
| Peer median | $65,512 |
| Air Cruisers: admin expenses ÷ assets | 0.10% | |
| Peer median | 0.32% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $69.1M at the end of plan year 2021 to $73.4M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 495 | $73.4M | $2.6M | $5,327 | 0.10% | Not published | Form 5500 ↗ |
| 2023 | 484 | $68.1M | $2.6M | $5,461 | 0.12% | Not published | Form 5500 ↗ |
| 2022 | 420 | $56.4M | $2.2M | $5,307 | 0.11% | Not published | Form 5500 ↗ |
| 2021 | 447 | $69.1M | $1.9M | $4,414 | 0.10% | Not published | Form 5500 ↗ |
Other Air Cruisers plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Air Cruisers Pension Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | John Hancock | Schedule C ↗ |
| Independent auditor | Cohnreznick LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Frozen | Form 5500 ↗ |
Common questions
Does Air Cruisers match 401(k) contributions?
The match terms for the Air Cruisers 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $2.6M in employer contributions, about $5,327 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Air Cruisers 401(k) match vested?
The vesting schedule for the Air Cruisers 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Air Cruisers 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is John Hancock. The plan administrator is Air Cruisers Company, LLC.
I left Air Cruisers. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Air Cruisers Company, LLC, (732) 681-3527) or the recordkeeper, John Hancock. The Air Cruisers old 401(k) page lists the contacts from every plan filing. Find an old Air Cruisers 401(k)
Data from the public Form 5500 annual reports Air Cruisers filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Air Cruisers. Not financial advice. Report a correction · Methodology