Retirement plan

CHINA AIRLINES, LTD 401(K) THRIFT PLAN

Name: CHINA AIRLINES, LTD - CHINA AIRLINES, LTD 401(K) THRIFT PLAN (2023) Form 5500
Creator: CHINA AIRLINES, LTD
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CHINA AIRLINES, LTD 401(K) THRIFT PLAN, CHINA AIRLINES, LTD

CHINA AIRLINES, LTDEIN 94-2389159Plan #001PY 2023

200 N. CONTINENTAL BLVD. - EL SEGUNDO, CA 90245310-615-3872LinkedIn1-10 employeesairlines/aviation

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$66.8M

+6.5% from 2022

Total participants

408

-6.2% from 2022

Average account balance

$164,235

+8.1% from 2022

Annual return

13.83%

+25.74 pp from 2022

Benchmarks

See 1,233 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants100-249

Cohort1,233 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$72.71M

Not enough data

1 years with asset history on file

Average account balance

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

$178K

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.

408

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.

77.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.13M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+13.80%

Not enough data

1 years with return on file

Admin fee / account holder

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

$150

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
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 15 · EIN 84-0467907	Recordkeeping	$135,728
SAGEVIEW ADVISORY GROUP, LLC9+ years Service code 17 · EIN 33-0818667	Pension Consulting	$45,000
PENSION ASSURANCE LLP4 years Service code 10 · EIN 30-0840934	Accounting	$14,000

Plan features & details

Pension benefit codes2E2F2G2J2K2T

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.
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

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$95K

$455 / participant

Recordkeeping$36K37.7%
Investment mgmt$45K47.6%
Other / not subdivided$14K14.8%

% of EOY assets

0.142%

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: PENSION ASSURANCE LLP
Auditor EIN: 300840934
Audit fees: $14,000
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$164,235

$51,207+220.7%

$70,565+132.7%

$71,529+129.6%

Participation rate

99.5%

59.4%+40.1pp

68.4%+31.2pp

67.9%+31.6pp

Annual return

13.83%

42.71%-28.9pp

32.79%-19.0pp

28.97%-15.1pp

Employer contribution / active EE

$1,904

$1,795+6.0%

$2,976-36.0%

$2,590-26.5%

Participant deferral / active EE

$7,821

$3,033+157.9%

$4,568+71.2%

$4,291+82.3%

Admin fee / account holder

$233

$2,002-88.4%

$6,430-96.4%

$1,588-85.4%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Filed as: EMPOWER ANNUITY INSURANCE COMPANY O

Service code 15 · EIN 84-0467907

Recordkeeping

$135,728

SAGEVIEW ADVISORY GROUP, LLC9+ years

Service code 17 · EIN 33-0818667

Pension Consulting

$45,000

PENSION ASSURANCE LLP4 years

Service code 10 · EIN 30-0840934

Accounting

$14,000

CHINA AIRLINES, LTD 401(K) THRIFT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CHINA AIRLINES, LTD 401(K) THRIFT 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