Defined Benefit (Pension) · DOL Form 5500 · 2022

Air Canada Pension Plan

Data updated 2026-08-11

$134M
Total assets
236
Participants
94th
Percentile by assets
$569,909
Avg per participant
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Official DOL plan name: Air Canada U.S. Pension Plan · Sponsored by Air Canada · · Transportation & Warehousing

$134M in assets, 236 participants

Air Canada's Air Canada U.S. Pension Plan reported $134M in total assets and 236 participants in its 2022 DOL Form 5500 filing, ranking in the 94th 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.

  • 94th percentile by assets (of 139,126 plans)
  • #3,610 in Transportation & Warehousing (3,876 peers)

Where Air Canada U.S. Pension Plan sits by assets

Air Canada U.S. Pension Plan sits in the top 10% of all filed plans by assets, $134M for 236 participants (~$569,909/participant), down 28.5% in 2022.

$134M
total plan assets (2022 EOY)
236
covered participants
94th
percentile by assets (of 139,126 plans)
$569,909
avg assets per participant

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.

Air Canada U.S. Pension Plan vs the 2022 asset distribution

By assets, Air Canada U.S. Pension Plan outranks 94% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 1.3x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$188M
Net Assets (End of Year)$133M
Net Income-$54M
Employer EIN131394887
Plan Effective Date1978-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Air Canada)

$170M$180M$190M$200M 202220232024 $176M $193M ▲ +9.5%
Total plan assets by year, all Air Canada plans on file
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.

Air Canada U.S. Pension Plan vs. nearby Defined Benefit (Pension) plans in , assets vs. participants

Air Canada U.S. Pension Plan vs. nearby Defined Benefit (Pension) plans in , assets vs. participants Scatter plot of 6 data points. 0500100015002000 00.511.5 Total assets ($B) Participants Air Canada U.S. Pens…Transocean U.S. Reti…Resolute Fp US Pensi…Retirement Plan for …Magna U.S. Consolida…Domtar US Hourly Pen…
Air Canada U.S. Pension Plan vs. nearby Defined Benefit (Pension) plans in , assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Air Canada U.S. Pension Plan by total assets, not by location.

Frequently Asked Questions

How did Air Canada U.S. Pension Plan assets move in 2022?
Air Canada U.S. Pension Plan declined sharply - down 28.5% during 2022, from $188M to $134M. Reported net income was -$54M.
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. Pension Plan rank by assets among Form 5500 filers?
Air Canada U.S. Pension Plan ranks in the 94th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Air Canada U.S. Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Materion Corporation Pension Plan in OH ($134M, 646 participants).

Next read for Air Canada U.S. Pension Plan

Scale reading

Ways to act on Air Canada U.S. Pension Plan's numbers.