Defined Benefit (Pension)
2022 plan-year Defined Benefit (Pension) DOL Form 5500

Air Canada U.S. Pension Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Air Canada · · Transportation & Warehousing

What the 2023 filing shows

Air Canada U.S. Pension Plan holds $134M for 236 participants — about $569,909 per participant, down 28.5% over the 2022 plan year.

$134M
total plan assets (2022 EOY)
236
covered participants
$569,909
avg assets per participant
-28.5%
assets change YoY

The plan reported a net loss of $54M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$134M
Participants
236
State
Industry
Transportation & Warehousing

What the Filing Says About Air Canada U.S. Pension Plan

Air Canada U.S. Pension Plan is a Defined Benefit (Pension) retirement plan sponsored by Air Canada, headquartered in . As of the 2022 Form 5500 filing, the plan reports $134M in total end-of-year assets and covers 236 participants across the Transportation & Warehousing industry. The sponsor's EIN on file with the U.S. Department of Labor is 131394887, and the plan has been effective since 1978-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $188M at the beginning of 2022 to $134M at year-end — a decline of 28.5%. Net assets (after liabilities) closed the year at $133M, with reported net income of $-53,624,547 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$188M
Total Assets (End of Year)$134M
Net Assets (End of Year)$133M
Net Income$-53,624,547
Plan TypeDefined Benefit (Pension)
Employer EIN131394887
Plan Effective Date1978-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Air Canada)

Year Plans Participants Total Assets
2022 2 817 $176M
2023 2 792 $192M
2024 2 925 $193M

Nearby Defined Benefit (Pension) Plans in

Peer Defined Benefit (Pension) plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the Air Canada U.S. Pension Plan?
As of the 2022 Form 5500 filing, Air Canada U.S. Pension Plan holds $134M in total assets with 236 participants. It is sponsored by Air Canada.
What type of plan is Air Canada U.S. Pension Plan?
Air Canada U.S. Pension Plan is a Defined Benefit (Pension) plan. It has been effective since 1978-01-01. The plan is filed with the U.S. Department of Labor under EIN 131394887.
Who sponsors the Air Canada U.S. Pension Plan?
Air Canada U.S. Pension Plan is sponsored by Air Canada, located in . The sponsor's EIN is 131394887 and the plan operates in the Transportation & Warehousing industry.
How did Air Canada U.S. Pension Plan perform in 2022?
Air Canada U.S. Pension Plan declined by 28.5% during 2022, moving from $188M to $134M in total assets. Net income was $-53,624,547.
Where can I find official filings for Air Canada U.S. Pension Plan?
Official Form 5500 filings for Air Canada U.S. Pension Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 131394887 or plan name at efast.dol.gov.
How does Air Canada U.S. Pension Plan compare to other plans?
You can compare Air Canada U.S. Pension Plan against other Defined Benefit (Pension) plans on the plan type page, or view plans in on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

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