PlanOptica
Retirement plan

THE CONTINENTAL RETIREMENT PLAN

UNITED AIRLINES, INC.EIN 74-2099724Plan #010PY 2023
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609 MAIN STREET, 18TH FLOOR HSCBP - HOUSTON, TX 77002877-825-3729united.comLinkedIn10001+ employeesairlines/aviation
Other plans on this EIN
5 filings
#202Retirement-$14.37B assets#222Retirement-$8.89B assets#008Retirement-$4.60B assets#011Retirement-$242.7M assets#205Retirement-$174.4M assets
Prospect flagsWind-down / frozen

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(877) 825-3729
How to read this page

Summary metrics

Total assets (EOY)
$3160.9M
-10.8% from 2017
Total participants
34,959
-4.1% from 2017
Average account balance
$0
No prior year
Annual return
8.08%
-8.32 pp from 2017

Benchmarks

See 191 peers
Peer group
Industryany (size+type match)
Plan typeDefined benefit
Participants>=10,000
Cohort191 peers
Snapshot2023
Participant deferral / active EE
$0
median $12
Employer contribution / active EE
$0
median $5,926
Participation rate
0.0%
median 0.0%
Avg account balance
$0
Admin fee / account holder
$0
Annual return
8.08%
median 8.27%
Overall peer rank
46th 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 9 by compensation
ProviderService typeCompensation
ALIGHT SOLUTIONS LLC6 years
Service code 15 · EIN 36-2235791
Recordkeeping
$1,656,934
TOWERS WATSON INVESTMENT SERVICES I6 years
Service code 16 · EIN 52-1868818
Consulting
$1,537,644
LEGAL & GENERAL INVESTMENT3 years
Service code 28 · EIN 20-8058531
Investment Management
$618,913
PIMCO5 years
Service code 28 · EIN 33-0629048
Investment Management
$319,518
NORTHERN TRUST COMPANY5 years
Service code 21 · EIN 36-1561860
Bank Trustee
$171,447
UNITED AIRLINES, INC4 years
Service code 14 · EIN 74-2099724
Plan Administrator
$154,690
MELLON INVESTMENTS CORPORATION1 year
Service code 28 · EIN 25-1442864
Investment Management
$19,936
MITCHELL & TITUS, LLP5 years
Service code 10 · EIN 13-2781641
Accounting
$18,497
RHUMBLINE ADVISERS5 years
Service code 28 · EIN 04-3118582
Investment Management
$8,910

Enrolled actuary

1 attachment
SB

REBECCA J. PETERSEN

WILLIS TOWERS WATSON US LLC
Enrollment #2307092
WILLIS TOWER
233 SOUTH WACKER DRIVE SUITE 1800
CHICAGO, IL 60606
(312) 288-7700
Signed 2024-09-20

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 codes1A3H3J
Plan features
  • 1A
    Benefits are primarily pay related
    Benefits under the plan are primarily determined with reference to a participant's pay (e.g. final-average-pay formula).
  • 3H
    Controlled group member
    Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).
  • 3J
    U.S.-based Puerto Rico dual-qualified plan
    U.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

1 tripped
  • InformationalWind-down / frozen

    Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.

Expense breakdown

Schedule H Part II
Admin total
$11.6M
$456 / participant
  • Investment mgmt$3M29.9%
  • Contract admin$2M14.3%
  • Other / not subdivided$6M55.8%
% of EOY assets
0.368%
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
Auditor EIN
132781641
Audit fees
(not subdivided)
Opinion code
Unqualified