Retirement plan
CONTINENTAL MICRONESIA, INC. 401(K) SAVINGS PLAN
UNITED AIRLINES, INC.EIN 74-2099724Plan #205PY 2018
233 S. WACKER DRIVE - 25TH FLOOR, WHQHR - CHICAGO, IL 60606877-825-3729united.comLinkedIn10001+ employeesairlines/aviation
Prospect flagsNo flags tripped
Filing contacts
From the Form 5500, federal recordSummary metrics
Total assets (EOY)
$149.8M
+5.5% from 2018
Total participants
1,336
+1.8% from 2018
Average account balance
$122,971
+15.5% from 2018
Annual return
-4.26%
+24.32 pp from 2018
Benchmarks
Peer group
Industry48 - Transportation and Warehousing
Plan typeDefined contribution
Participants1,000-4,999
Cohort241 peers
Snapshot2018
72
Participant deferral / active EE
$4,429
median $2,345
58
Employer contribution / active EE
$1,469
median $891
59
Participation rate
88.9%
median 78.7%
89
Avg account balance
$122,971
median $34,654
39
Admin fee / account holder
$84
median $65
55
Annual return
-4.26%
median -4.48%
Overall peer rank
62of 100
62nd percentileavg across 6 metrics
Analytics
2017 - 2024
Total assets (EOY)
Plan-year ending balance
$194.01M
Average account balance
Total assets / participants with a balance (line 6g)
$144K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
1,343
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
98.8%
Contributions (total)
Employer and participant dollars contributed each year
$7.81M
Contributions per participant
Average employer and participant contribution per enrolled participant
$8K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+11.04%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$41
Asset composition
Cash / stocks / bonds / mutual funds / real estate / loans over time
- Mutual / pooled
- Stocks
- Bonds
- Cash
- Real estate
- Loans
Service providers
Top 1 by compensation
| Provider | Service type | Compensation |
|---|---|---|
ASC TRUST, LLC2+ years Service code 15 120 FATHER DUENAS AVE. · HAGATNA, GU 96910 | Recordkeeping | $42,819 |
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 codes2E2J2F2G2K
Plan features
- 2EProfit-sharingProfit-sharing plan.
- 2FERISA section 404(c) planThis plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
- 2GTotal participant-directed account planParticipants 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.
- 2JCode section 401(k) featureCash 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.
- 2KCode section 401(m) arrangementEmployee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
Opportunity flags
0 tripped
No flags tripped for this filing year. This plan looks clean.
Expense breakdown
Schedule H Part II
Admin total
$102K
$96 / participant
- Investment mgmt$59K58.1%
- Contract admin$43K41.9%
% of EOY assets
0.068%
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
- ERNST & YOUNG LLP
- Auditor EIN
- 660526565
- Audit fees
- (not subdivided)
- Opinion code
- Disclaimer