Recordkeeping fees per participant
not reported
Not reported on this filing.
Employers › Republic Airways Holdings
Republic Airways Holdings 401(k)
- RJET Nasdaq
- Transportation and warehousing
- Phoenix, AZ
- EIN 85-0302351
- 1 plan with Schedule H financials
- Plan year 2024
- Republic Airways Holdings Inc.
- filed as Mesa Air Group Inc
Administrative expenses excluding investment management, per participant · Mesa Air Group Inc 401(k) Plan · plan year 2024
$161.08
Higher than 78% of the 8,758 plans $50 to 250M that report it.
Source
= $392,390 / 2,436
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250923162154NAL0008256659001, received 2025-09-23
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250923162154NAL0008256659001, received 2025-09-23
Percentiles compare this plan with the Schedule H plans $50 to 250M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-09-23.
Cost and contributions
Administrative expenses per participant
$161.08
Higher than 60% of the 9,042 plans $50 to 250M that report it.
Source
= $392,390 / 2,436
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250923162154NAL0008256659001, received 2025-09-23
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250923162154NAL0008256659001, received 2025-09-23
Administrative expenses as a share of assets
0.357%
Higher than 92% of the 9,049 plans $50 to 250M that report it.
Source
= $392,390 / $109,859,324
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250923162154NAL0008256659001, received 2025-09-23
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250923162154NAL0008256659001, received 2025-09-23
Employer contributions per participant
$1,201
Higher than 14% of the 9,105 plans $50 to 250M that report it.
Source
= $2,925,247 / 2,436
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250923162154NAL0008256659001, received 2025-09-23
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250923162154NAL0008256659001, received 2025-09-23
Employer share of total contributions
22.7%
Higher than 27% of the 9,112 plans $50 to 250M that report it.
Source
= $2,925,247 / $12,864,071
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250923162154NAL0008256659001, received 2025-09-23
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250923162154NAL0008256659001, received 2025-09-23
Plan terms, as stated in Republic Airways Holdings Inc.'s SEC filings
Employer match
“Under each CBA, the Company contributes up to a 12.0% employer contribution and 8.0% employer matching contribution over a five-year vesting period for pilots and flight attendants, respectively.”
Form 10-K filed 2026-03-19, for the year ended 2025-12-31 · benefits note, 10-K benefits note · source document
Vesting
“Under each CBA, the Company contributes up to a 12.0% employer contribution and 8.0% employer matching contribution over a five-year vesting period for pilots and flight attendants, respectively.”
Form 10-K filed 2026-03-19, for the year ended 2025-12-31 · benefits note, 10-K benefits note · source document
Terms quoted from the filing for the year ended 2025-12-31. Figures cover plan year 2024. The plan document governs.
Plan features
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2T default investment (QDIA) · 3D IRS pre-approved plan · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250923162154NAL0008256659001, received 2025-09-23
Full record, Mesa Air Group Inc 401(k) Plan
| Field | Value | Source |
|---|---|---|
| Plan sponsor | MESA AIR GROUP INC | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250923162154NAL0008256659001, received 2025-09-23 |
| Plan name | MESA AIR GROUP INC 401K PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250923162154NAL0008256659001, received 2025-09-23 |
| Sponsor EIN / plan number | 85-0302351 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250923162154NAL0008256659001, received 2025-09-23 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250923162154NAL0008256659001, received 2025-09-23 |
| Sponsor location | PHOENIX, AZ | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250923162154NAL0008256659001, received 2025-09-23 |
| Industry (business code) | 481000, Transportation and warehousing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250923162154NAL0008256659001, received 2025-09-23 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250923162154NAL0008256659001, received 2025-09-23 |
| Filing received | 2025-09-23 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250923162154NAL0008256659001, received 2025-09-23 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250923162154NAL0008256659001, received 2025-09-23 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250923162154NAL0008256659001, received 2025-09-23 |
| Participants, beginning of year | 3,759 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250923162154NAL0008256659001, received 2025-09-23 |
| Active participants | 1,733 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250923162154NAL0008256659001, received 2025-09-23 |
| Participants, end of year | 3,261 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250923162154NAL0008256659001, received 2025-09-23 |
| Participants with an account balance | 2,436 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250923162154NAL0008256659001, received 2025-09-23 |
| Total assets, beginning of year | $107,536,471 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250923162154NAL0008256659001, received 2025-09-23 |
| Total assets, end of year | $109,859,324 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250923162154NAL0008256659001, received 2025-09-23 |
| Net assets, end of year | $109,859,324 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250923162154NAL0008256659001, received 2025-09-23 |
| Total income | $25,514,234 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250923162154NAL0008256659001, received 2025-09-23 |
| Net income | $2,329,884 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250923162154NAL0008256659001, received 2025-09-23 |
| Employer contributions | $2,925,247 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250923162154NAL0008256659001, received 2025-09-23 |
| Participant contributions | $9,633,955 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250923162154NAL0008256659001, received 2025-09-23 |
| Other contributions (incl. rollovers) | $304,869 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250923162154NAL0008256659001, received 2025-09-23 |
| Total contributions | $12,864,071 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250923162154NAL0008256659001, received 2025-09-23 |
| Benefit payments | $22,709,262 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250923162154NAL0008256659001, received 2025-09-23 |
| Total expenses (incl. benefit payments) | $23,184,350 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250923162154NAL0008256659001, received 2025-09-23 |
| Total administrative expenses | $392,390 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250923162154NAL0008256659001, received 2025-09-23 |
| Contract administrator fees | $392,390 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250923162154NAL0008256659001, received 2025-09-23 |
| Administrative expenses excluding investment management | $392,390 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250923162154NAL0008256659001, received 2025-09-23 |
| Held in common/collective trusts | $3,856,090 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250923162154NAL0008256659001, received 2025-09-23 |
| Held in mutual funds | $92,109,926 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250923162154NAL0008256659001, received 2025-09-23 |
| Independent auditor | FORVIS MAZARS, LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250923162154NAL0008256659001, received 2025-09-23 |
Position = column in the DOL layout for form year 2024. Filing 20250923162154NAL0008256659001, received 2025-09-23.
Service providers paid directly by the plan
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| LINCOLN NATIONAL CORPORATION | SERVICE PROVIDER | 10 Accounting (including auditing); 13 Contract administrator | $227,045 | yes |
| MORGAN STANLEY GLOBAL BANKING | CONSULTANT | 16 Consulting (general) | $165,345 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250923162154NAL0008256659001, received 2025-09-23.
What changed since the 2023 plan year
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $107,536,471 | $109,859,324 | 2.2% |
| Participants with a balance | 2,596 | 2,436 | -6.2% |
| Administrative expenses | $358,514 | $392,390 | 9.4% |
| Recordkeeping fees per participant | not reported | not reported | |
| Employer contributions | $2,891,232 | $2,925,247 | 1.2% |
Prior filing 20240723175705NAL0011824209001, received 2024-07-23; the plan years are contiguous.
Alerts, claims and corrections
Sponsor name as filed: MESA AIR GROUP INC; SEC registrant: REPUBLIC AIRWAYS HOLDINGS INC. (CIK 810332, matched by EIN; display name from the Form 10-K cover).