Defined Benefit (Pension) · DOL Form 5500 · 2024

Air Canada Pension Plan

Data updated 2026-08-25

$138M
Total assets Near avg plan size
205
Participants Below avg headcount
92nd
Percentile by assets National rank
$674,537
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

$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 92nd 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.

  • #2,990 in Transportation & Warehousing (3,299 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, $138M for 205 participants (~$674,537/participant), down 4.4% in 2024.

#2,990
in Transportation & Warehousing (3,299 peers)
-4.4%
assets change YoY
1.4×
vs typical plan assets (national mean)

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'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 2024 · DOL Form 5500

$138,280,125 Top 8% higher than 92% 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. Pension 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. Pension Plan sits mid-pack in the medium band (205 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • 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 →

EBSA filing schedule strip

Filing strip 131394887 · Air Canada PY 2024 · Defined Benefit (Pension)

Air Canada U.S. Pension Plan · $138M · 205 · 92nd

  • 5500 $138M
  • ASSETS 205
  • PCT 92nd
  • EIN Defined Benefit (Pension)
  • RANK near Vassar Brothers Hospital Pension Plan
  • PHOTO ind #2990

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

Cement Masons Union Local 592 Pension PlanCement Masons Union Local 59…$139MVassar Brothers Hospital Pension PlanVassar Brothers Hospital Pen…$139MAir Canada U.S. Pension Plan$138MThe Kinetic Group, Inc. Pension and Retirement PlanThe Kinetic Group, Inc. Pens…$138MLaborers Agc Pension Trust of MontanaLaborers Agc Pension Trust o…$138M
End-of-year total assets ($M) among Air Canada U.S. Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$145M
Net Assets (End of Year)$136M
Net Income-$8M
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): 0.138280125 · Participants: 205Air Canada U.S. Pension PlanTransocean U.S. Retirement Plan, Total assets ($B): 1.158215814 · Participants: 923Transocean U.S. Retirement PlanResolute Fp US Pension Plan, Total assets ($B): 0.640711164 · Participants: 261Resolute Fp US Pension PlanMagna U.S. Consolidated Pension Plan, Total assets ($B): 0.150991329 · Participants: 494Magna U.S. Consolidated Pension PlanPension Plan for Employees of the Govt of Canada Locally Engaged in the USA-Qualified Pension Plan, Total assets ($B): 0.141912296 · Participants: 333Pension Plan for Employees of the Govt of Canada Locally Engaged in the USA-Qualified Pension PlanDomtar US Hourly Pension Plan, Total assets ($B): 0.13962314 · Participants: 1206Domtar 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 Vassar Brothers Hospital Pension Plan in CT ($139M); by covered participants it is Franklin Electric Co., Inc. Pension Plan in IN (205 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($138M here).

Similar participant headcount

Nearest other-state filings by covered participants (205 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. 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 92nd percentile by end-of-year assets among 123,622 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).
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 Franklin Electric Co., Inc. Pension Plan in IN (205 participants, $101M 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.