BrightScope Rating
Company:
United Airlines (UAL Corp.)
Plan:
United Airlines Pilot Directed Account Plan
United Airlines (UAL Corp.)
87
Plan:
5
54
90
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 3 point difference between this plan's BrightScope Rating (87) and the top rated plan (90) could equate to:
[How is this calculated?]
[How is this calculated?]
2 additional years of work Up to $120,900 in lost retirement savings.The delay in retirement calculations apply solely to this defined contribution plan
and do not take into account other retirement plans and programs offered by this employer.
Plan Description
United Airlines Pilot Directed Account Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 87, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Company Generosity, Total Plan Cost, Investment Menu Quality, and Account Balances. United Airlines Pilot Directed Account Plan currently has over 7,400 active participants and over $2.3B in plan assets.
Plan Details
| Address | P.O. Box 66100 Chicago, IL 60666 |
| Industry | Air Transportation |
| Administrator | Lynn Hughitt |
| Net Plan Assets | $2,330,000,000 |
| Total Participants | 9,600 |
| Avg Account Balance | $240,000 |
Top 3 Investment Holdings
| 1. | Russell Short Term Investment Fund | 14% |
| 2. | Schwab Money Market | 4% |
| 3. | Ultra QQQ ProShares | 1% |
Other Companies in Peer Group
| American Airlines, Inc. -... | 82.1 |
| Southwest Airlines Co. | 71.6 |
| Continental Airlines | 59.2 |
| US Airways | 59.0 |
| Southwest Airlines Co. | 56.6 |
| Union Pacific Railroad Union Pacific | 54.6 |
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