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| Plan Name | SOUTHERN AIRWAYS CORP SOUTHERN AIRWAYS CORP 401K PROFIT SHARING PLAN |
| Plan identification number | 001 |
| 401k Plan Type | Defined Contribution Pension |
| Plan Features/Benefits |
|
| Company Name: | SOUTHERN AIRWAYS CORP |
| Employer identification number (EIN): | 462259531 |
| NAIC Classification: | 481000 |
| NAIC Description: | Air Transportation |
| Plan id# | Filing Submission Date | Name of Administrator | Date Administrator Signed | Name of Company Sponsor | Date Sponsor Signed |
|---|---|---|---|---|---|
| 001 | 2023-01-01 | JAMES SMITH | 2024-06-20 | ||
| 001 | 2022-01-01 | JAMES SMITH | 2023-07-09 | ||
| 001 | 2021-01-01 | JAMES SMITH | 2022-06-21 | ||
| 001 | 2020-01-01 | JAMES SMITH | 2021-04-08 |
| Measure | Date | Value |
|---|---|---|
| 2024: SOUTHERN AIRWAYS CORP SOUTHERN AIRWAYS CORP 401K PROFIT SHARING PLAN 2024 401k membership | ||
| Total number of particpants at beginning of year | 2024-06-20 | 23 |
| Total number of particpants at end of year | 2024-06-20 | 0 |
| Number of Participants With Account Balances | 2024-06-20 | 0 |
| Measure | Date | Value |
|---|---|---|
| 2024 : SOUTHERN AIRWAYS CORP SOUTHERN AIRWAYS CORP 401K PROFIT SHARING PLAN 2024 401k financial data | ||
| Total expenses incurred by plan in this plan year | 2024-06-20 | 309584 |
| Net assets as of the end of the plan year | 2024-06-20 | 0 |
| Total assets as of the beginning of the plan year | 2024-06-20 | 229511 |
| Value of plan covered by a fidelity bond | 2024-06-20 | 50000 |
| Other income to plan in this plan year | 2024-06-20 | 19097 |
| Plan net income in this plan year | 2024-06-20 | -229511 |
| Net assets as of the end of the plan year | 2024-06-20 | 0 |
| Net assets as of the beginning of the plan year | 2024-06-20 | 229511 |
| Employer contributions to plan in this plan year | 2024-06-20 | 60976 |
| Expensese paid to adminstrative service provicers from plan in this plan year | 2024-06-20 | 7760 |