Korean Air Lines 401(k) match, vesting and fees

Plan year 2024 filingKorean Air Lines Co., Ltd. 401(k) Retirement Plan · Plan 002 · EIN 95-6885942Updated Oct 2026

What Korean Air Lines' 401(k) plan says about matching contributions

The match terms have not been published from this plan's filing yet.
The plan year 2024 filing reports $781K in employer contributions, about $2,146 per participant. That total includes any match and profit-sharing; it is not a match formula. Plan year 2024 Form 5500 ↗
$168,349
Average account balance
393
Participants (end of year)
$61.3M
Plan assets (end of year)
0.21%
Admin expenses ÷ assets

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.

RecordkeeperMorgan Stanley Smith BarneySchedule C ↗
Independent auditorKlichs LLP (unmodified opinion, limited scope)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗

How the plan compares

Plan year 2024 medians for 1,836 defined-contribution plans in transportation and warehousing with 100 to 499 participants.

Korean Air Lines: employer contribution per participant$2,146
Peer median$1,076
Korean Air Lines: average balance$168,349
Peer median$31,804
Korean Air Lines: admin expenses ÷ assets0.21%
Peer median0.46%

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 $51.8M at the end of plan year 2021 to $61.3M at the end of plan year 2024.

$51.8M2021$42.7M2022$52.7M2023$61.3M2024
End-of-year figures from each plan year's Form 5500 filing for the Korean Air Lines plan.
Plan yearParticipantsAssetsEmployer contributionsPer participantAdmin expense ratioMatch formulaFiling
2024393$61.3M$781K$2,1460.21%Not publishedForm 5500 ↗
2023385$52.7M$783K$2,1810.24%Not publishedForm 5500 ↗
2022382$42.7M$712K$1,9440.24%Not publishedForm 5500 ↗
2021401$51.8M$525K$1,3880.26%Not publishedForm 5500 ↗

Common questions

Does Korean Air Lines match 401(k) contributions?

The match terms for the Korean Air Lines Co., Ltd. 401(k) Retirement Plan have not been published from its filing yet. The plan year 2024 filing reports $781K in employer contributions, about $2,146 per participant. That total includes any match and profit-sharing; it is not a match formula.

When is the Korean Air Lines 401(k) match vested?

The vesting schedule for the Korean Air Lines Co., Ltd. 401(k) Retirement Plan is not in the data published so far. Your Summary Plan Description states it.

Who manages the Korean Air Lines 401(k)?

The recordkeeper listed on Schedule C of the plan year 2024 filing is Morgan Stanley Smith Barney. The plan administrator is Korean Air Lines Co., Ltd.

I left Korean Air Lines. How do I find my old 401(k)?

Your account stays in the plan until you move it. Contact the plan administrator (Korean Air Lines Co., Ltd, (213) 599-2034) or the recordkeeper, Morgan Stanley Smith Barney. The Korean Air Lines old 401(k) page lists the contacts from every plan filing. Find an old Korean Air Lines 401(k)

Data from the public Form 5500 annual reports Korean Air Lines filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) 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 Korean Air Lines. Not financial advice. Report a correction · Methodology