Retirement plan

UNITED AIRLINES FLIGHT ATTENDANT 401(K) PLAN

UNITED AIRLINES, INC.EIN 74-2099724Plan #008PY 2019
233 SOUTH WACKER DRIVE - CHICAGO, IL 60606877-825-3729united.comLinkedIn10001+ employeesairlines/aviation
Prospect flagsNo flags tripped

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(877) 825-3729
Plan administrator entity
UNITED AIRLINES RETIREMENT PLANS ADMINISTRATIVE COMMITTEE
EIN 742099724
233 SOUTH WACKER DRIVE · CHICAGO, IL 606060649

Summary metrics

Total assets (EOY)
$4041.3M
-2.2% from 2016
Total participants
28,832
-42.8% from 2016
Average account balance
$145,576
+0.4% from 2016
Annual return
20.42%
-4.42 pp from 2016

Benchmarks

Peer group
Industry48 - Transportation and Warehousing
Plan typeDefined contribution
Participants>=10,000
Cohort46 peers
Snapshot2019
Participant deferral / active EE
$6,277
median $2,920
Employer contribution / active EE
$2,879
median $1,030
Participation rate
95.7%
median 63.2%
Avg account balance
$145,576
median $63,914
Admin fee / account holder
$26
median $56
Annual return
20.42%
median 21.70%
Overall peer rank
72nd percentileavg across 6 metrics

Analytics

2015 - 2024
Total assets (EOY)
Plan-year ending balance
$5.32B
Average account balance
Total assets / participants with a balance (line 6g)
$167K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
31,946
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
96.8%
Contributions (total)
Employer and participant dollars contributed each year
$267.93M
Contributions per participant
Average employer and participant contribution per enrolled participant
$10K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+16.39%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$30
Asset composition
Cash / stocks / bonds / mutual funds / real estate / loans over time
  • Mutual / pooled
  • Stocks
  • Bonds
  • Cash
  • Real estate
  • Loans

Service providers

Top 4 by compensation
ProviderService typeCompensation
Service code 37 · EIN 04-2647786
Loan Processing
$772,152
Service code 16 · EIN 04-3831795
Consulting
$50,614
Service code 10 · EIN 13-2781641
Accounting
$23,800
Service code 16 · EIN 53-0181291
Consulting
$17,455

Top hat statement on fileNQDC

Filed December 24, 2004 (most recent of 6 filings on file)

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

Plan features & details

Pension benefit codes2E2F2G2J2R2S2T3H
Plan features
  • 2E
    Profit-sharing
    Profit-sharing plan.
  • 2F
    ERISA section 404(c) plan
    This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
  • 2G
    Total participant-directed account plan
    Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • 2J
    Code section 401(k) feature
    Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
  • 2R
    Participant-directed brokerage accounts
    Participant-directed brokerage accounts provided as an investment option under the plan.
  • 2S
    Automatic enrollment
    Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
  • 2T
    Default investment account
    Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
  • 3H
    Controlled group member
    Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

0 tripped
No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II
Admin total
$735K
$29 / participant
  • Other / not subdivided$735K100.0%
% of EOY assets
0.018%
all-in expense ratio
Categories reported
0 / 9
subdivided buckets used

Audit opinion

Schedule H Part III
Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm
MITCHELL & TITUS, LLP
Auditor EIN
132781641
Audit fees
(not subdivided)
Opinion code
Disclaimer