Profit Sharing
2024 plan-year Profit Sharing DOL Form 5500

MSN AIR SERVICE

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

MSN AIR SERVICE INC

This Profit Sharing plan holds $776K in total assets and serves 113 participants as of 2024. It is sponsored by MSN AIR SERVICE INC in New York. The plan reported positive net income of $243K for the year.

Total Assets (2023)
$776K
Participants
113
State
Industry
Transportation & Warehousing

What the Filing Says About MSN AIR SERVICE

MSN AIR SERVICE is a Profit Sharing retirement plan sponsored by MSN AIR SERVICE INC, headquartered in New York. As of the 2024 Form 5500 filing, the plan reports $776K in total end-of-year assets and covers 113 participants across the Transportation & Warehousing industry. The sponsor's EIN on file with the U.S. Department of Labor is 010591043, and the plan has been effective since 2015-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $550K at the beginning of 2024 to $776K at year-end — a gain of 41.2%. Net assets (after liabilities) closed the year at $776K, with reported net income of $243K driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$550K
Total Assets (End of Year)$776K
Net Assets (End of Year)$776K
Net Income$243K
Plan TypeProfit Sharing
Employer EIN010591043
Plan Effective Date2015-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (MSN AIR SERVICE INC)

Year Plans Participants Total Assets
2022 1 113 $774K
2023 1 285 $974K
2024 3 406 $2M

Nearby Profit Sharing Plans in New York

Peer Profit Sharing plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the MSN AIR SERVICE?
As of the 2024 Form 5500 filing, MSN AIR SERVICE holds $776K in total assets with 113 participants. It is sponsored by MSN AIR SERVICE INC.
What type of plan is MSN AIR SERVICE?
MSN AIR SERVICE is a Profit Sharing plan. It has been effective since 2015-01-01. The plan is filed with the U.S. Department of Labor under EIN 010591043.
Who sponsors the MSN AIR SERVICE?
MSN AIR SERVICE is sponsored by MSN AIR SERVICE INC, located in New York. The sponsor's EIN is 010591043 and the plan operates in the Transportation & Warehousing industry.
How did MSN AIR SERVICE perform in 2024?
MSN AIR SERVICE grew by 41.2% during 2024, moving from $550K to $776K in total assets. Net income was $243K.
Where can I find official filings for MSN AIR SERVICE?
Official Form 5500 filings for MSN AIR SERVICE are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 010591043 or plan name at efast.dol.gov.
How does MSN AIR SERVICE compare to other plans?
You can compare MSN AIR SERVICE against other Profit Sharing plans on the plan type page, or view plans in New York on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 010591043.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.