Retirement plan

AIR CANADA U.S TAX INCENTIVE SAVINGS PLAN

Name: AIR CANADA - AIR CANADA U.S TAX INCENTIVE SAVINGS PLAN (2018) 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 2018

514-422-2407

Other plans on this EIN

1 filing

#001Retirement-$138.4M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$36M

-5.1% from 2017

Total participants

812

+4.9% from 2017

Average account balance

$51,159

-20.2% from 2017

Annual return

-1.68%

-26.31 pp from 2017

Benchmarks

See 672 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants250-999

Cohort672 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$54.73M

Not enough data

1 years with asset history on file

Average account balance

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

$59K

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.

934

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.

94.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.81M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+24.60%

Not enough data

1 years with return on file

Admin fee / account holder

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

$186

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
STRATEGIC ADVISORS, INC.4+ years Service code 27 · EIN 04-2654524	Advisory (Plan)	$21,543
WILLIS TOWERS WATSON US LLC2 years Filed as: TOWERS WATSON INVESTMENT SERVICES Service code 27 · EIN 52-1868818	Advisory (Plan)	$10,000
FIDELITY INVESTMENTS INSTITUTIONAL4+ years Filed as: FIDELITY INVESTMENTS INST OPS CO Service code 37 · EIN 04-2647786	Loan Processing	$0

Plan features & details

Pension benefit codes2E2F2G2J

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

$14K

$22 / participant

Investment mgmt$14K100.0%

% of EOY assets

0.040%

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: PRICEWATERHOUSECOOPERS LLP
Auditor EIN: 134008324
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$51,159

$41,467+23.4%

$67,313-24.0%

$55,725-8.2%

Participation rate

83.5%

62.5%+21.0pp

69.1%+14.4pp

70.9%+12.6pp

Annual return

-1.68%

0.82%-2.5pp

-4.08%+2.4pp

244.93%-246.6pp

Employer contribution / active EE

$522

$1,316-60.3%

$2,566-79.6%

$2,078-74.9%

Participant deferral / active EE

$2,627

$2,399+9.5%

$3,568-26.4%

$3,356-21.7%

Admin fee / account holder

$20

$102-80.2%

$4,507-99.6%

$115-82.4%

Provider

Service type

Compensation

STRATEGIC ADVISORS, INC.4+ years

Service code 27 · EIN 04-2654524

Advisory (Plan)

$21,543

WILLIS TOWERS WATSON US LLC2 years

Filed as: TOWERS WATSON INVESTMENT SERVICES

Service code 27 · EIN 52-1868818

Advisory (Plan)

$10,000

FIDELITY INVESTMENTS INSTITUTIONAL4+ years

Filed as: FIDELITY INVESTMENTS INST OPS CO

Service code 37 · EIN 04-2647786

Loan Processing

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