Defined Benefit (Pension) · DOL Form 5500 · 2023

Air Canada Pension Plan

Data updated 2026-08-25

$145M
Total assets Near avg plan size
217
Participants Below avg headcount
93rd
Percentile by assets National rank
$666,354
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

$145M in assets, 217 participants

Air Canada's Air Canada U.S. Pension Plan reported $145M in total assets and 217 participants in its 2023 DOL Form 5500 filing, ranking in the 93rd 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.

  • #3,082 in Transportation & Warehousing (3,362 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, $145M for 217 participants (~$666,354/participant), up 7.5% in 2023.

#3,082
in Transportation & Warehousing (3,362 peers)
+7.5%
assets growth YoY
1.5×
vs typical plan assets (national mean)

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 2023 · DOL Form 5500

$144,598,774 Top 7% higher than 93% of 127,068 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 2023

Air Canada U.S. Pension Plan among mid-size filed plans by headcount

Plan-year 2023 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 (217 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Air Canada U.S. Pension Plan reported net income rose from -$54M in the plan year 2022 filing to $10M in the plan year 2023 filing.
  • Air Canada U.S. Pension Plan reported participants fell from 236 in the plan year 2022 filing to 217 in the plan year 2023 filing.
  • Air Canada U.S. Pension Plan end-of-year assets rose from $134M in the plan year 2022 filing to $145M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 131394887 · Air Canada PY 2023 · Defined Benefit (Pension)

Air Canada U.S. Pension Plan · $145M · 217 · 93rd

  • PCT $145M
  • PCT 217
  • PCT 93rd
  • PCT Defined Benefit (Pension)
  • PCT near Employees' Retirement Plan of Green Mountain Power Corporation
  • PCT ind #3082

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

IBEW Local Union No. 479 Pension Trust FundIBEW Local Union No. 479 Pen…$145MU.a. Plumbers 63 & Steamfitters 353 Joint PensionU.a. Plumbers 63 & Steamfitt…$145MAir Canada U.S. Pension Plan$145MEmployees' Retirement Plan of Green Mountain Power CorporationEmployees' Retirement Plan o…$145MFirst Financial Bancorp Employees' Pension Plan and TrustFirst Financial Bancorp Empl…$145M
End-of-year total assets ($M) among Air Canada U.S. Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$134M
Net Assets (End of Year)$143M
Net Income$10M
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. 050010001500 00.511.5 Total assets ($B) Participants Air Canada U.S. Pension Plan, Total assets ($B): 0.144598774 · Participants: 217Air Canada U.S. Pension PlanTransocean U.S. Retirement Plan, Total assets ($B): 1.199221958 · Participants: 992Transocean U.S. Retirement PlanResolute Fp US Pension Plan, Total assets ($B): 0.561931939 · Participants: 276Resolute Fp US Pension PlanRetirement Plan for Employees of Learjet Inc., Bombardier Aerospace Corporation and Affiliates, Total assets ($B): 0.488864957 · Participants: 982Retirement Plan for Employees of Learjet Inc., Bombardier Aerospace Corporation and AffiliatesMagna U.S. Consolidated Pension Plan, Total assets ($B): 0.161893826 · Participants: 472Magna U.S. Consolidated Pension PlanDomtar US Hourly Pension Plan, Total assets ($B): 0.149441025 · Participants: 1324Domtar 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 Employees' Retirement Plan of Green Mountain Power Corporation in VT ($145M); by covered participants it is Neighbors Federal Credit Union Cash Balance Defined Benefit Plan and Trust in LA (217 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (217 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. 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 2023? ▼
Air Canada U.S. Pension Plan grew at a solid clip - up 7.5% during 2023, from $134M to $145M. Reported net income was $10M.
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 93rd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (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 Employees' Retirement Plan of Green Mountain Power Corporation in VT ($145M, 230 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 Neighbors Federal Credit Union Cash Balance Defined Benefit Plan and Trust in LA (217 participants, $54M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

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.