Retirement plan

CATHAY PACIFIC AIRWAYS LIMITED UNITED STATES DISCRETIONARY CONTRIBUTION PLAN

Name: CATHAY PACIFIC AIRWAYS LIMITED - CATHAY PACIFIC AIRWAYS LIMITED UNITED STATES DISCRETIONARY CONTRIBUTION PLAN (2017) Form 5500
Creator: CATHAY PACIFIC AIRWAYS LIMITED
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CATHAY PACIFIC AIRWAYS LIMITED UNITED STATES DISCRETIONARY CONTRIBUTION PLAN, CATHAY PACIFIC AIRWAYS LIMITED

CATHAY PACIFIC AIRWAYS LIMITEDEIN 94-1656968Plan #003PY 2017

360 POST STREET, SUITE 300 - SAN FRANCISCO, CA 94108415-848-2010

Other plans on this EIN

2 filings

#002Retirement-$41.0M assets #001Retirement-$39.1M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$7.3M

+304.0% from 2016

Total participants

119

+4.4% from 2016

Average account balance

$61,284

+283.7% from 2016

Annual return

53.12%

+53.12 pp from 2016

Benchmarks

See 1,029 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants100-249

Cohort1,029 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.40M

Not enough data

1 years with asset history on file

Average account balance

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

$174K

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.

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.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+11.73%

Not enough data

1 years with return on file

Admin fee / account holder

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

$61874

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

0 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	Account maintenance fees; Sales loads...	$17,981
CHARLES SCHWAB & CO., INC.2+ years Service code 33 · EIN 94-1737782	Securities brokerage; Securities brok...	$50
NATIONAL FINANCIAL SERVICES2+ years Service code 33 · EIN 04-3523567	Securities brokerage commissions and ...	$0

Plan features & details

Pension benefit codes2F2G2J2R2T

Plan features

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$44K

$392 / participant

Other / not subdivided$44K100.0%

% of EOY assets

0.602%

all-in expense ratio

Categories reported

0 / 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

$61,284

$46,297+32.4%

$71,671-14.5%

$62,293-1.6%

Participation rate

100.0%

60.6%+39.4pp

68.7%+31.3pp

69.5%+30.5pp

Annual return

53.12%

22.32%+30.8pp

20.65%+32.5pp

28.90%+24.2pp

Employer contribution / active EE

$28,967

$1,412+1951.7%

$2,460+1077.6%

$2,042+1318.4%

Participant deferral / active EE

$11,570

$2,235+417.6%

$3,438+236.5%

$3,169+265.1%

Admin fee / account holder

$369

$461-20.0%

$5,558-93.4%

$479-23.1%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS2+ years

Service code 12 · EIN 13-3689044

Account maintenance fees; Sales loads...

$17,981

CHARLES SCHWAB & CO., INC.2+ years

Service code 33 · EIN 94-1737782

Securities brokerage; Securities brok...

$50

NATIONAL FINANCIAL SERVICES2+ years

Service code 33 · EIN 04-3523567

Securities brokerage commissions and ...

CATHAY PACIFIC AIRWAYS LIMITED UNITED STATES DISCRETIONARY CONTRIBUTION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CATHAY PACIFIC AIRWAYS LIMITED UNITED STATES DISCRETIONARY CONTRIBUTION 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