401(k) · DOL Form 5500 · 2024

Air Canada 401(k) Plan

Data updated 2026-08-25

$55M
Total assets Below avg plan size
720
Participants Below avg headcount
85th
Percentile by assets National rank
$76,019
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

$55M in assets, 720 participants

Air Canada's Air Canada U.S. Tax Incentive Savings Plan reported $55M in total assets and 720 participants in its 2024 DOL Form 5500 filing, ranking in the 85th 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.

  • #2,758 in Transportation & Warehousing (3,299 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, $55M for 720 participants (~$76,019/participant), up 16.5% in 2024.

#2,758
in Transportation & Warehousing (3,299 peers)
+16.5%
assets growth YoY
0.5×
vs typical plan assets (national mean)

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 2024 · DOL Form 5500

$54,733,994 Top 15% higher than 85% of 123,620 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 2024

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

Plan-year 2024 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 (720 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Air Canada U.S. Tax Incentive Savings Plan reported participants rose from 575 in the plan year 2023 filing to 720 in the plan year 2024 filing.
  • Air Canada U.S. Tax Incentive Savings Plan end-of-year assets rose from $47M in the plan year 2023 filing to $55M in the plan year 2024 filing.
  • Air Canada U.S. Tax Incentive Savings Plan reported net income fell from $6M in the plan year 2023 filing to $5M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 131394887 · Air Canada PY 2024 · 401(k)

Air Canada U.S. Tax Incentive Savings Plan · $55M · 720 · 85th

  • PCT $55M
  • EIN 720
  • RANK 85th
  • PHOTO 401(k)
  • IND near Curtis C. Gunn, Inc. 401(k) Plan
  • EOY ind #2758

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

Wheaton Eye Clinic, Ltd. 401(k) Profit Sharing PlanWheaton Eye Clinic, Ltd. 401…$55MMario Tricoci 401(k) Savings PlanMario Tricoci 401(k) Savings…$55MAir Canada U.S. Tax Incentive Savings PlanAir Canada U.S. Tax Incentiv…$55MCurtis C. Gunn, Inc. 401(k) PlanCurtis C. Gunn, Inc. 401(k) …$55MGerdau Ameristeel US Savings PlanGerdau Ameristeel US Savings…$55M
End-of-year total assets ($M) among Air Canada U.S. Tax Incentive Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$47M
Net Assets (End of Year)$37M
Net Income$5M
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. -100000100002000030000 -10123 Total assets ($B) Participants Air Canada U.S. Tax Incentive Savings Plan, Total assets ($B): 0.054733994 · Participants: 720Air Canada U.S. Tax Incentive Savings PlanThe Magna Group of Companies Retirement Savings Plans, Total assets ($B): 2.470105136 · Participants: 25008The Magna Group of Companies Retirement Savings PlansTranscanada 401(k) and Savings Plan, Total assets ($B): 1.123853711 · Participants: 3435Transcanada 401(k) and Savings PlanFour Seasons Hotels Retirement Benefit Plan, Total assets ($B): 0.978593813 · Participants: 15818Four Seasons Hotels Retirement Benefit PlanTransocean U.S. Savings Plan, Total assets ($B): 0.838696657 · Participants: 2151Transocean U.S. Savings PlanRetirement Plan for Employees of Scotiabank U. S. 401(k), Total assets ($B): 0.492647008 · Participants: 1430Retirement Plan for Employees of Scotiabank U. S. 401(k)
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 Curtis C. Gunn, Inc. 401(k) Plan in TX ($55M); by covered participants it is Bard Manufacturing Company, Inc. Savings and Profit Sharing Plan in OH (720 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($55M here).

Similar participant headcount

Nearest other-state filings by covered participants (720 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. 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 2024? ▼
Air Canada U.S. Tax Incentive Savings Plan grew sharply - up 16.5% during 2024, from $47M to $55M. Reported net income was $5M.
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 85th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (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 Curtis C. Gunn, Inc. 401(k) Plan in TX ($55M, 657 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 Bard Manufacturing Company, Inc. Savings and Profit Sharing Plan in OH (720 participants, $44M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

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.