Retirement plan

AIR CANADA U.S. TAX INCENTIVE SAVINGS PLAN

Name: AIR CANADA - AIR CANADA U.S. TAX INCENTIVE SAVINGS PLAN (2025) Form 5500
Creator: AIR CANADA
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AIR CANADA U.S. TAX INCENTIVE SAVINGS PLAN, AIR CANADA

AIR CANADAEIN 13-1394887Plan #002PY 2025

Other plans on this EIN

1 filing

#001Retirement-$147.4M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$60.7M

+10.8% from 2024

Total participants

924

-5.2% from 2024

Average account balance

$67,625

+15.4% from 2024

Annual return

19.48%

-5.12 pp from 2024

Benchmarks

See 137 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants250-999

Cohort137 peers

Snapshot2025

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$60.66M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$68K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

897

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

96.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.29M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+19.48%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$247

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 3 by compensation

Provider	Service type	Compensation
WILLIS TOWERS WATSON US LLC9 years Filed as: TOWERS WATSON INVESTMENT SERVICES Service code 16 · EIN 52-1868818	Consulting	$179,047
STRATEGIC ADVISORS, INC.11+ years Service code 27 · EIN 04-2654524	Advisory (Plan)	$32,019
FIDELITY INVESTMENTS INSTITUTIONAL7 years Service code 37 · EIN 04-2647786	Loan Processing	$10,450

Plan features & details

Pension benefit codes2F2G2J2E

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.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$222K

$284 / participant

Recordkeeping$10K4.7%
Investment mgmt$32K14.5%
Other / not subdivided$179K80.8%

% of EOY assets

0.365%

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: PRICEWATERHOUSECOOPERS LLP
Auditor EIN: 134008324
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$67,625

$51,092+32.4%

$76,735-11.9%

$79,634-15.1%

Participation rate

96.5%

50.2%+46.3pp

69.5%+27.0pp

62.5%+34.0pp

Annual return

19.48%

18.04%+1.4pp

29.77%-10.3pp

36.46%-17.0pp

Employer contribution / active EE

$1,742

$1,519+14.7%

$2,454-29.0%

$2,529-31.1%

Participant deferral / active EE

$3,761

$2,529+48.7%

$4,088-8.0%

$3,835-1.9%

Admin fee / account holder

$247

$1,865-86.8%

$7,189-96.6%

$1,002-75.4%

Provider

Service type

Compensation

WILLIS TOWERS WATSON US LLC9 years

Filed as: TOWERS WATSON INVESTMENT SERVICES

Service code 16 · EIN 52-1868818

Consulting

$179,047

STRATEGIC ADVISORS, INC.11+ years

Service code 27 · EIN 04-2654524

Advisory (Plan)

$32,019

FIDELITY INVESTMENTS INSTITUTIONAL7 years

Service code 37 · EIN 04-2647786

Loan Processing

$10,450

AIR CANADA U.S. TAX INCENTIVE SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AIR CANADA U.S. TAX INCENTIVE SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion