Retirement plan

CATHAY PACIFIC AIRWAYS LIMITED SALARY SAVINGS PLAN

Name: CATHAY PACIFIC AIRWAYS LIMITED - CATHAY PACIFIC AIRWAYS LIMITED SALARY SAVINGS PLAN (2016) Form 5500
Creator: CATHAY PACIFIC AIRWAYS LIMITED
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CATHAY PACIFIC AIRWAYS LIMITED SALARY SAVINGS PLAN, CATHAY PACIFIC AIRWAYS LIMITED

CATHAY PACIFIC AIRWAYS LIMITEDEIN 94-1656968Plan #002PY 2016

360 POST STREET - SUITE 300 - SAN FRANCISCO, CA 94108415-848-2003

Other plans on this EIN

2 filings

#001Retirement-$32.0M assets #003Retirement-$1.8M assets

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$32.8M

+15.0% from 2015

Total participants

790

-2.3% from 2015

Average account balance

$41,568

+10.2% from 2015

Annual return

8.17%

+9.54 pp from 2015

Benchmarks

See 634 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants250-999

Cohort634 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$48.82M

Not enough data

1 years with asset history on file

Average account balance

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

$112K

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.

437

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.

99.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.50M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+14.22%

Not enough data

1 years with return on file

Admin fee / account holder

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

$140

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
TRANSAMERICA RETIREMENT SOLUTIONS2+ years Service code 12 · EIN 13-3689044	Float revenue; Claims processing; Inv...	$169,615
AON CONSULTING2+ years Filed as: AON CONSULTING INC Service code 16 · EIN 22-2232264	Consulting	$44,000
NATIONAL FINANCIAL SERVICES2+ years Service code 33 · EIN 04-3523567	Securities brokerage commissions and ...	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2S

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.

Opportunity flags

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$214K

$315 / participant

Contract admin$170K79.4%
Other / not subdivided$44K20.6%

% of EOY assets

0.650%

all-in expense ratio

Categories reported

1 / 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: MILLER KAPLAN ARASE LLP
Auditor EIN: 952036255
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$41,568

$39,819+4.4%

$67,834-38.7%

$57,658-27.9%

Participation rate

100.0%

61.2%+38.8pp

68.8%+31.2pp

70.2%+29.8pp

Annual return

8.17%

9.19%-1.0pp

138.47%-130.3pp

5.13%+3.0pp

Employer contribution / active EE

$2,657

$1,277+108.1%

$2,403+10.6%

$1,974+34.6%

Participant deferral / active EE

$3,827

$2,209+73.2%

$3,160+21.1%

$3,061+25.0%

Admin fee / account holder

$270

$84+223.4%

$4,622-94.2%

$95+186.0%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS2+ years

Service code 12 · EIN 13-3689044

Float revenue; Claims processing; Inv...

$169,615

AON CONSULTING2+ years

Filed as: AON CONSULTING INC

Service code 16 · EIN 22-2232264

Consulting

$44,000

NATIONAL FINANCIAL SERVICES2+ years

Service code 33 · EIN 04-3523567

Securities brokerage commissions and ...

CATHAY PACIFIC AIRWAYS LIMITED SALARY SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CATHAY PACIFIC AIRWAYS LIMITED SALARY 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