Cape Air/nantucket Airlines 401(k) Plan: Login, Facts & Contact Information

Cape Air/nantucket Airlines 401(k) Plan Facts

Plan name
CAPE AIR/NANTUCKET AIRLINES KSOP RETIREMENT PLAN
Plan type
401(k) with employer contributions and profit sharing with a company-stock (ESOP) component
Plan sponsor
CAPE AIR/NANTUCKET AIRLINES
Participants
1,088 (570 active employees)
Former employees with a balance
306
Plan assets
$34,914,019 at Dec 31, 2024
Average account balance
$49,175 across 710 accounts
Employer contributions
$409,683 in plan year 2024 (19% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1995
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing✓ Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 10, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $2.20 million went into the plan in contributions, $409,683 of it from the employer (19%).
  • $4.48 million was paid out to participants.
  • Investment and other income added $4.68 million.
  • Administrative expenses were $81,951, about $115 per account.

How the Cape Air/nantucket Airlines 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20191,073$25.0 million$217,598$2.12 million
20201,039$28.1 million$385,041$2.47 million
20211,038$33.9 million$547,685$2.19 million
20221,133$28.0 million$566,950$2.08 million
2023894$32.6 million$534,606$2.64 million
20241,088$34.9 million$409,683$4.48 million

Cape Air/nantucket Airlines 401(k) Contact Information

Phone
508-362-9771
Mailing address
660 BARNSTABLE RD, HYANNIS MA 026011924
Plan sponsor
CAPE AIR/NANTUCKET AIRLINES
Employer identification number (EIN)
04-3005476
Plan number
001

Questions about the Cape Air/nantucket Airlines 401(k)

Does Cape Air/nantucket Airlines contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $409,683, 19% of all contributions.

Does the Cape Air/nantucket Airlines 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Cape Air/nantucket Airlines 401(k) plan?

1,088 participants at the start of plan year 2024, 570 of them active employees, and 306 former employees who still had money in the plan.

What is the average 401(k) balance at Cape Air/nantucket Airlines?

About $49,175 per account: $34.9 million in plan assets across 710 accounts with a balance at the end of plan year 2024.

Who manages the Cape Air/nantucket Airlines 401(k) accounts?

Principal (listed on the filing as PRINCIPAL LIFE INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Cape Air/nantucket Airlines. How do I access my 401(k)?

Your account stays with Principal after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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