PlanOptica
Retirement plan

CONTINENTAL MICRONESIA, INC. 401(K) SAVINGS PLAN

UNITED AIRLINES, INC.EIN 74-2099724Plan #205PY 2022
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233 S. WACKER DRIVE - CHICAGO, IL 60606877-825-3729united.comLinkedIn10001+ employeesairlines/aviation
Other plans on this EIN
5 filings
#202Retirement-$11.82B assets#222Retirement-$7.42B assets#008Retirement-$3.88B assets#010Retirement-$3.03B assets#011Retirement-$273.2M assets
Prospect flagsLow returns

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(877) 825-3729
Plan administrator entity
UNITED AIRLINES FINANCIAL WELLNESS RETIREMENT SAVINGS ADMIN COMMITTEE
EIN 742099724
How to read this page

Summary metrics

Total assets (EOY)
$154.9M
+5.5% from 2018
Total participants
1,239
+1.8% from 2018
Average account balance
$125,915
+15.5% from 2018
Annual return
-17.89%
+24.32 pp from 2018

Benchmarks

See 670 peers
Peer group
Industry48 - Transportation and Warehousing
Plan typeDefined contribution
Participants250-999
Cohort670 peers
Snapshot2022
Participant deferral / active EE
$5,016
median $2,631
Employer contribution / active EE
$1,480
median $1,034
Participation rate
99.0%
median 69.5%
Avg account balance
$125,915
median $33,288
Admin fee / account holder
$29
median $118
Annual return
-17.89%
median -15.71%
Overall peer rank
71st 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
ProviderService typeCompensation
ASC TRUST, LLC6+ years
Service code 15
120 FATHER DUENAS AVE. · HAGATNA, GU 96910
Recordkeeping
$35,935

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 codes2E2J2F2G2K
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.
  • 2K
    Code section 401(m) arrangement
    Employee 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

1 tripped
  • OpportunityLow returns

    Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II
Admin total
$36K
$39 / participant
  • Contract admin$36K100.0%
% of EOY assets
0.023%
all-in expense ratio
Categories reported
1 / 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
(not subdivided)
Opinion code
Unqualified