Defined Benefit (Pension) · DOL Form 5500 · 2022

Air Canada Pension Plan

Data updated 2026-08-25

$134M
Total assets Near avg plan size
236
Participants Below avg headcount
94th
Percentile by assets National rank
$569,909
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

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.

  • #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.

#3,610
in Transportation & Warehousing (3,876 peers)
-28.5%
assets change YoY
1.3×
vs typical plan assets (national mean)

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's outsized position by total assets

Air Canada U.S. Pension Plan vs every filed plan by assets

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

$134,498,492 Top 6% higher than 94% 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. Pension 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. Pension Plan sits mid-pack in the medium band (236 participants).

DOL schedule card

Filing strip 131394887 · Air Canada PY 2022 · Defined Benefit (Pension)

Air Canada U.S. Pension Plan · $134M · 236 · 94th

  • SCH $134M
  • EBSA 236
  • PART 94th
  • TYPE Defined Benefit (Pension)
  • NET near Materion Corporation Pension Plan
  • BOOK ind #3610

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. Pension Plan in the asset neighbourhood

Tile Layers Union Local No. 52 Ny Pension FundTile Layers Union Local No. …$135MBdo USA, LLP Cash Balance PlanBdo USA, LLP Cash Balance Pl…$135MAir Canada U.S. Pension Plan$134MMaterion Corporation Pension PlanMaterion Corporation Pension…$134MCement Masons Local No. 886/404 Pension PlanCement Masons Local No. 886/…$134M
End-of-year total assets ($M) among Air Canada U.S. Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

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)

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 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 Scatter plot of 6 data points. 0500100015002000 00.511.5 Total assets ($B) Participants Air Canada U.S. Pension Plan, Total assets ($B): 0.134498492 · Participants: 236Air Canada U.S. Pension PlanTransocean U.S. Retirement Plan, Total assets ($B): 1.131998335 · Participants: 1062Transocean U.S. Retirement PlanResolute Fp US Pension Plan, Total assets ($B): 0.550299359 · Participants: 411Resolute Fp US Pension PlanRetirement Plan for Employees of Learjet Inc., Bombardier Aerospace Corporation and Affiliates, Total assets ($B): 0.43910028 · Participants: 1025Retirement Plan for Employees of Learjet Inc., Bombardier Aerospace Corporation and AffiliatesMagna U.S. Consolidated Pension Plan, Total assets ($B): 0.158105285 · Participants: 472Magna U.S. Consolidated Pension PlanDomtar US Hourly Pension Plan, Total assets ($B): 0.152563809 · Participants: 1457Domtar US Hourly Pension Plan
Air Canada U.S. Pension Plan vs. nearby Defined Benefit (Pension) plans in , assets vs. participants
Compare Air Canada U.S. Pension Plan side-by-side with 3 peers →

Air Canada U.S. Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside this state, the nearest Defined Benefit (Pension) by assets is Materion Corporation Pension Plan in OH ($134M); by covered participants it is Earle M. Jorgensen Hourly Employees Pension Plan in CA (236 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($134M here).

Similar participant headcount

Nearest other-state filings by covered participants (236 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. 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).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Air Canada U.S. Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Earle M. Jorgensen Hourly Employees Pension Plan in CA (236 participants, $57M 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.