EASTERN AIRLINES LLC 401(K) PROFIT SHARING PLAN

At the end of 2022, the total retirement plan assets of EASTERN AIRLINES LLC 401(K) PROFIT SHARING PLAN is $5,257,591.This plan was established in 2016.

At the end of 2022, the total number of retirement plan participants in EASTERN AIRLINES LLC 401(K) PROFIT SHARING PLAN is 441

In 2022, the average participant retirement account value for EASTERN AIRLINES LLC 401(K) PROFIT SHARING PLAN is $11,921

In 2022, the estimated average employee contribution amount per participant for EASTERN AIRLINES LLC 401(K) PROFIT SHARING PLAN is $4,362

In 2022, the estimated average employer match for an employee in EASTERN AIRLINES LLC 401(K) PROFIT SHARING PLAN is approximately $1,683

In 2022, EASTERN AIRLINES LLC 401(K) PROFIT SHARING PLAN allocates $742,538 to match its employees’ contributions, providing an employer match rate of 42.65% of their contributions

In 2022, the total retirement plan asset growth rate of EASTERN AIRLINES LLC 401(K) PROFIT SHARING PLAN is 16.58%

In 2022, the estimated aggregate retirement account investment gain/loss for EASTERN AIRLINES LLC 401(K) PROFIT SHARING PLAN is -15.56%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of EASTERN AIRLINES LLC 401(K) PROFIT SHARING PLAN is 1.07%.

Enrollment Features

EASTERN AIRLINES LLC 401(K) PROFIT SHARING PLAN has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.