Air Canada 401(k) match, vesting and fees
What Air Canada's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Fidelity Investments Institutional | Schedule C ↗ |
| Independent auditor | Pricewaterhousecoopers LLP (unmodified opinion) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2025 medians for 46 defined-contribution plans in transportation and warehousing with 500 to 999 participants.
| Air Canada: employer contribution per participant | $1,513 | |
| Peer median | $1,424 |
| Air Canada: average balance | $47,149 | |
| Peer median | $54,306 |
| Air Canada: admin expenses ÷ assets | 0.56% | |
| Peer median | 0.28% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $31.1M at the end of plan year 2021 to $42.3M at the end of plan year 2025.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2025 | 924 | $42.3M | $1.4M | $1,513 | 0.56% | Not published | Form 5500 ↗ |
| 2024 | 975 | $37.2M | $1.2M | $1,255 | 0.50% | Not published | Form 5500 ↗ |
| 2023 | 934 | $32.4M | $1.1M | $1,265 | 0.75% | Not published | Form 5500 ↗ |
| 2022 | 753 | $26.8M | $605K | $880 | 0.22% | Not published | Form 5500 ↗ |
| 2021 | 801 | $31.1M | $390K | $519 | 0.72% | Not published | Form 5500 ↗ |
Other Air Canada plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Air Canada U.S. Pension Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Alight Solutions | Schedule C ↗ |
| Independent auditor | Pricewaterhousecoopers LLP (unmodified opinion) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Common questions
Does Air Canada match 401(k) contributions?
The match terms for the Air Canada U.S. Tax Incentive Savings Plan have not been published from its filing yet. The plan year 2025 filing reports $1.4M in employer contributions, about $1,513 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Air Canada 401(k) match vested?
The vesting schedule for the Air Canada U.S. Tax Incentive Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Air Canada 401(k)?
The recordkeeper listed on Schedule C of the plan year 2025 filing is Fidelity Investments Institutional. The plan administrator is Air Canada.
I left Air Canada. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Air Canada) or the recordkeeper, Fidelity Investments Institutional. The Air Canada old 401(k) page lists the contacts from every plan filing. Find an old Air Canada 401(k)
Data from the public Form 5500 annual reports Air Canada filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024 and 2025) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Air Canada. Not financial advice. Report a correction · Methodology