401(k) · DOL Form 5500 · 2022

Air Canada 401(k) Plan

Data updated 2026-08-25

$42M
Total assets Below avg plan size
581
Participants Below avg headcount
86th
Percentile by assets National rank
$71,984
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Air Canada U.S. Tax Incentive Savings Plan · Sponsored by Air Canada · · Transportation & Warehousing

$42M in assets, 581 participants

Air Canada's Air Canada U.S. Tax Incentive Savings Plan reported $42M in total assets and 581 participants in its 2022 DOL Form 5500 filing, ranking in the 86th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #3,313 in Transportation & Warehousing (3,876 peers)

Where Air Canada U.S. Tax Incentive Savings Plan sits by assets

Air Canada U.S. Tax Incentive Savings Plan sits in the top quartile of all filed plans by assets, $42M for 581 participants (~$71,984/participant), down 17.3% in 2022.

#3,313
in Transportation & Warehousing (3,876 peers)
-17.3%
assets change YoY
0.4×
vs typical plan assets (national mean)

The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Air Canada U.S. Tax Incentive Savings Plan's outsized position by total assets

Air Canada U.S. Tax Incentive Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$41,822,744 Top 14% higher than 86% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Air Canada U.S. Tax Incentive Savings Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Air Canada U.S. Tax Incentive Savings Plan sits mid-pack in the medium band (581 participants).

DOL schedule card

Filing strip 131394887 · Air Canada PY 2022 · 401(k)

Air Canada U.S. Tax Incentive Savings Plan · $42M · 581 · 86th

  • PHOTO $42M
  • IND 581
  • EOY 86th
  • 5500 401(k)
  • ASSETS near Monogram Food Solutions 401(k) Plan
  • PCT ind #3313

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Transportation & Warehousing retirement plans →

Air Canada U.S. Tax Incentive Savings Plan in the asset neighbourhood

Air Canada U.S. Tax Incentive Savings PlanAir Canada U.S. Tax Incentiv…$42MMonogram Food Solutions 401(k) PlanMonogram Food Solutions 401(…$42MWorld Class Automotive Group Investment 401(k) PlanWorld Class Automotive Group…$42MRetirement Savings Plan for Employees of Ferragamo USA IncRetirement Savings Plan for …$42ME. R. Snell Contractor, Inc. Profit Sharing PlanE. R. Snell Contractor, Inc.…$42M
End-of-year total assets ($M) among Air Canada U.S. Tax Incentive Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$51M
Net Assets (End of Year)$27M
Net Income-$4M
Employer EIN131394887
Plan Effective Date1988-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Air Canada)

Sponsor-wide plan assets over time

All Air Canada plans reported in each filing year

Latest sponsor-wide plan assets
$193M 9.467312831223575% vs 2022
2024 filing year
$170M$180M$190M$200M 202220232024 $176M $193M ▲ +9.5%
Year Plans Participants Total Assets
2022 2 817 $176M
2023 2 792 $192M
2024 2 925 $193M

Nearby 401(k) Plans in

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Air Canada U.S. Tax Incentive Savings Plan vs. nearby 401(k) plans in , assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -0.500.511.522.5 Total assets ($B) Participants Air Canada U.S. Tax Incentive Savings Plan, Total assets ($B): 0.041822744 · Participants: 581Air Canada U.S. Tax Incentive Savings PlanThe Magna Group of Companies Retirement Savings Plans, Total assets ($B): 2.103160697 · Participants: 22890The Magna Group of Companies Retirement Savings PlansTranscanada 401(k) and Savings Plan, Total assets ($B): 0.831893942 · Participants: 2989Transcanada 401(k) and Savings PlanFour Seasons Hotels Retirement Benefit Plan, Total assets ($B): 0.746656349 · Participants: 13795Four Seasons Hotels Retirement Benefit PlanTransocean U.S. Savings Plan, Total assets ($B): 0.626279886 · Participants: 1993Transocean U.S. Savings PlanDomtar US Salaried 401(k) Plan, Total assets ($B): 0.534916882 · Participants: 1532Domtar US Salaried 401(k) Plan
Air Canada U.S. Tax Incentive Savings Plan vs. nearby 401(k) plans in , assets vs. participants
Compare Air Canada U.S. Tax Incentive Savings Plan side-by-side with 3 peers →

Air Canada U.S. Tax Incentive Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside this state, the nearest 401(k) by assets is Monogram Food Solutions 401(k) Plan in TN ($42M); by covered participants it is Ia 401(k) Plan in CA (581 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (581 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Air Canada U.S. Tax Incentive Savings Plan assets move in 2022? ▼
Air Canada U.S. Tax Incentive Savings Plan declined sharply - down 17.3% during 2022, from $51M to $42M. Reported net income was -$4M.
How have Air Canada plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Air Canada's sponsor-wide assets grew 9.5%, from $176M to $193M.
Where does Air Canada U.S. Tax Incentive Savings Plan rank by assets among Form 5500 filers? ▼
Air Canada U.S. Tax Incentive Savings Plan ranks in the 86th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Air Canada U.S. Tax Incentive Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Monogram Food Solutions 401(k) Plan in TN ($42M, 2,376 participants).
Which 401(k) plans cover a similar participant headcount to Air Canada U.S. Tax Incentive Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Ia 401(k) Plan in CA (581 participants, $61M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 131394887.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.