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Retirement plan

UNITED AIRLINES FLIGHT ATTENDANT 401(K) PLAN

UNITED AIRLINES, INC.EIN 74-2099724Plan #008PY 2023
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233 SOUTH WACKER DRIVE - CHICAGO, IL 606060649877-825-3729united.comLinkedIn10001+ employeesairlines/aviation
Other plans on this EIN
5 filings
#202Retirement-$14.37B assets#222Retirement-$8.89B assets#010Retirement-$3.16B assets#011Retirement-$242.7M assets#205Retirement-$174.4M assets
Prospect flagsNo flags tripped

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(877) 825-3729
Plan administrator signer
KELVIN JONES
Signed 10/10/2024
Plan administrator entity
UNITED AIRLINES RETIREMENT PLANS ADMINISTRATIVE COMMITTEE
EIN 742099724
How to read this page

Summary metrics

Total assets (EOY)
$4602.3M
-2.2% from 2016
Total participants
32,306
-42.8% from 2016
Average account balance
$146,466
+0.4% from 2016
Annual return
19.04%
-4.42 pp from 2016

Benchmarks

See 52 peers
Peer group
Industry48 - Transportation and Warehousing
Plan typeDefined contribution
Participants>=10,000
Cohort52 peers
Snapshot2023
Participant deferral / active EE
$6,085
median $3,505
Employer contribution / active EE
$2,960
median $1,273
Participation rate
96.7%
median 65.8%
Avg account balance
$146,466
median $67,068
Admin fee / account holder
$31
median $61
Annual return
19.04%
median 18.28%
Overall peer rank
75th 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
FID INV INST OPS CO3 years
Service code 37 · EIN 04-2647786
Loan Processing
$859,374
MERCER4 years
Service code 16 · EIN 13-2834414
Consulting
$70,905
LEARNLUX INC.1 year
Service code 16 · EIN 47-4122769
Consulting
$53,532
MITCHELL & TITUS, LLP5 years
Service code 10 · EIN 13-2781641
Accounting
$22,094

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.

Open the filing PDF

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
$988K
$36 / participant
  • Recordkeeping$859K87.0%
  • Investment mgmt$53K5.4%
  • Other / not subdivided$76K7.7%
% of EOY assets
0.021%
all-in expense ratio
Categories reported
2 / 9
subdivided buckets used

Audit opinion

Schedule H Part III
Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm
MITCHELL & TITUS, LLP
Auditor EIN
132781641
Audit fees
$22,094
Opinion code
Unqualified