Defined Benefit (Pension) · DOL Form 5500 · 2024

Air Canada Pension Plan

Data updated 2026-07-24

$138M
Total assets: 205
Participants: 93rd
Percentile by assets: $674,537
Avg per participant

Official DOL plan name: Air Canada U.S. Pension Plan · Sponsored by Air Canada · · Transportation & Warehousing

$138M in assets, 205 participants

Air Canada's Air Canada U.S. Pension Plan reported $138M in total assets and 205 participants in its 2024 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.

93rd percentile by assets (of 116,472 plans)

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, $138M for 205 participants (~$674,537/participant), down 4.4% in 2024.

$138M
total plan assets (2024 EOY): 205
covered participants: 93rd
percentile by assets (of 116,472 plans): $674,537
avg assets per participant

The plan reported a net loss of $8M 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 reported net income fell from $10M in the plan year 2023 filing to -$8M in the plan year 2024 filing.
Air Canada U.S. Pension Plan reported participants fell from 217 in the plan year 2023 filing to 205 in the plan year 2024 filing.
Air Canada U.S. Pension Plan end-of-year assets fell from $145M in the plan year 2023 filing to $138M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Industry

Transportation & Warehousing

Air Canada U.S. Pension Plan vs the 2024 asset distribution

By assets, Air Canada U.S. Pension Plan outranks 93% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.4x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)	$145M
Net Assets (End of Year)	$136M
Net Income	-$8M
Employer EIN	131394887
Plan Effective Date	1978-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Air Canada)

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

Transocean U.S. Retirement Plan $1.2B · 923
Resolute Fp US Pension Plan $641M · 261
Magna U.S. Consolidated Pension Plan $151M · 494
Pension Plan for Employees of the Govt of Canada Locally Engaged in the USA-Qualified Pension Plan $142M · 333
Domtar US Hourly Pension Plan $140M · 1,206

Compare Air Canada U.S. Pension Plan side-by-side with 3 peers →

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.

Vassar Brothers Hospital Pension Plan (CT) $139M · 737
The Kinetic Group, Inc. Pension and Retirement Plan (MN) $138M · 492
Cement Masons Union Local 592 Pension Plan (PA) $139M · 384
Laborers Agc Pension Trust of Montana (WA) $138M · 1,835

Frequently Asked Questions

How did Air Canada U.S. Pension Plan assets move in 2024? ▼

Air Canada U.S. Pension Plan edged down modestly - down 4.4% during 2024, from $145M to $138M. Reported net income was -$8M.

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 116,472 plans that reported assets for plan year 2024 (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 Vassar Brothers Hospital Pension Plan in CT ($139M, 737 participants).

Next read for Air Canada U.S. Pension Plan

→ Transportation & Warehousing retirement plans

Scale reading

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

By total assets, Air Canada U.S. Pension Plan ranks in the top 10% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in . Compare plans
Air Canada's sponsor-wide assets have grown 9.5% since 2022 across 3 plan years on file. More Transportation & Warehousing plans

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.