BrightScope Rating
Company:
United Airlines (UAL Corp.)
Plan:
United Airlines Ground Employee 401k Plan
United Airlines (UAL Corp.)
60
Plan:
5
54
90
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 30 point difference between this plan's BrightScope Rating (60) and the top rated plan (90) could equate to:
[How is this calculated?]
[How is this calculated?]
16 additional years of work Up to $216,100 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 Ground Employee 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 60. This plan is in the top 15% of plans for Total Plan Cost and Investment Menu Quality. United Airlines Ground Employee 401k Plan currently has over 25,800 active participants and over $1.1B in plan assets.
Plan Details
| Address | P.O. Box 66100 Chicago, IL 60666 |
| Industry | Air Transportation |
| Administrator | Lynn Hughitt |
| Net Plan Assets | $1,170,000,000 |
| Total Participants | 36,000 |
| Avg Account Balance | $32,000 |
Top 3 Investment Holdings
| 1. | Fidelity Growth Company | 15% |
| 2. | Blended Income Fund | 12% |
| 3. | Fidelity Overseas | 8% |
Other Companies in Peer Group
| Northwest Airlines | 81.9 |
| BNSF Railway Company | 69.3 |
| Northwest Airlines | 60.9 |
| US Airways | 59.0 |
| Union Pacific Railroad Union Pacific | 54.6 |
Plan Service Providers
| Auditor | Deloitte & Touche |
| Corporate Trustee | Fidelity Management Trust Company |
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