401(k) · DOL Form 5500 · 2024

Air Canada 401(k) Plan

Data updated 2026-08-11

$55M
Total assets
720
Participants
85th
Percentile by assets
$76,019
Avg per participant
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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.

  • 85th percentile by assets (of 123,622 plans)
  • #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.

$55M
total plan assets (2024 EOY)
720
covered participants
85th
percentile by assets (of 123,622 plans)
$76,019
avg assets per participant

Where Air Canada U.S. Tax Incentive Savings Plan sits 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 $2,010,000,000 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

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 →

Air Canada U.S. Tax Incentive Savings Plan vs the 2024 asset distribution

By assets, Air Canada U.S. Tax Incentive Savings Plan outranks 85% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.5x the national average plan size of $100M (721 average participants).

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)

$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 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 ($B) Participants Air Canada U.S. Tax …, Total assets ($B): 0.054733994 · Participants: 720Air Canada U.S. Tax …The Magna Group of C…, Total assets ($B): 2.470105136 · Participants: 25008The Magna Group of C…Transcanada 401(k) a…, Total assets ($B): 1.123853711 · Participants: 3435Transcanada 401(k) a…Four Seasons Hotels …, Total assets ($B): 0.978593813 · Participants: 15818Four Seasons Hotels …Transocean U.S. Savi…, Total assets ($B): 0.838696657 · Participants: 2151Transocean U.S. Savi…Retirement Plan for …, Total assets ($B): 0.492647008 · Participants: 1430Retirement Plan for …
Air Canada U.S. Tax Incentive Savings Plan vs. nearby 401(k) plans in , assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Air Canada U.S. Tax Incentive Savings Plan by total assets, not by location.

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).

Next read for Air Canada U.S. Tax Incentive Savings Pl…

Scale reading

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