Retirement plan
THE CONTINENTAL RETIREMENT PLAN
UNITED AIRLINES, INC.EIN 74-2099724Plan #010PY 2017
609 MAIN STREET, 18TH FLOOR HSCBP - HOUSTON, TX 77002877-825-3729united.comLinkedIn10001+ employeesairlines/aviation
Prospect flagsNo flags tripped
Filing contacts
From the Form 5500, federal recordPlan administrator signer
F. RAINIER VILLATUYA
Signed 10/13/2018
Summary metrics
Total assets (EOY)
$3363.4M
-10.8% from 2017
Total participants
41,847
-4.1% from 2017
Average account balance
$0
No prior year
Annual return
13.80%
-8.32 pp from 2017
Benchmarks
Peer group
Industryany (size+type match)
Plan typeDefined benefit
Participants>=10,000
Cohort240 peers
Snapshot2017
0
Participant deferral / active EE
$0
median $34
34
Employer contribution / active EE
$5,801
median $8,645
0
Participation rate
0.0%
median 0.0%
0
Avg account balance
$0
median $14,491,905
0
Admin fee / account holder
$0
median $81,210
56
Annual return
13.80%
median 13.24%
Overall peer rank
45of 100
45th percentileavg across 6 metrics
Analytics
2016 - 2024
Total assets (EOY)
Plan-year ending balance
$3.51B
Average account balance
Total assets / participants with a balance (line 6g)
$99K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
9,216
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
0.0%
Contributions (total)
Employer and participant dollars contributed each year
$280.00M
Contributions per participant
Average employer and participant contribution per enrolled participant
$11K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+5.14%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$0
Asset composition
Cash / stocks / bonds / mutual funds / real estate / loans over time
- Mutual / pooled
- Stocks
- Bonds
- Cash
- Real estate
- Loans
Service providers
Top 3 by compensation
| Provider | Service type | Compensation |
|---|---|---|
AON HEWITT2+ years Service code 15 · EIN 36-2235791 | Recordkeeping | $2,292,299 |
Service code 11 · EIN 53-0181291 | Actuarial | $493,843 |
STATE STREET BANK AND TRUST CO.2+ years Service code 18 · EIN 04-1867445 | Investment management; Direct payment... | $138,507 |
Enrolled actuary
1 attachment
SB
ROBERT F. GEER
TOWERS WATSON DELAWARE, INC.
Enrollment #1706301
811 LOUISIANA, SUITE 2200
HOUSTON, TX 77002
(713) 754-5400
Signed 2018-09-28
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 codes1A3H3J
Plan features
- 1ABenefits are primarily pay relatedBenefits under the plan are primarily determined with reference to a participant's pay (e.g. final-average-pay formula).
- 3HControlled group memberPlan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).
- 3JU.S.-based Puerto Rico dual-qualified planU.S.-based plan that covers residents of Puerto Rico and is qualified under both Code section 401 and section 1165 of the Internal Revenue Code of Puerto Rico.
Opportunity flags
0 tripped
No flags tripped for this filing year. This plan looks clean.
Expense breakdown
Schedule H Part II
Admin total
$11.1M
$322 / participant
- Investment mgmt$6M50.5%
- Contract admin$2M20.6%
- Other / not subdivided$3M28.8%
% of EOY assets
0.330%
all-in expense ratio
Categories reported
2 / 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
- WASHINGTON, PITTMAN & MCKEEVER, LLC
- Auditor EIN
- 364189747
- Audit fees
- (not subdivided)
- Opinion code
- Disclaimer