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FORM 5500 DATA

American Airlines, Inc. 401k Plan For Pilots

Overview

Plan Information

  • Plan Year01/01/2016 — 12/31/2016
  • Date of Plan10/27/2015
  • Net Assets as of 12/31/2016 $5,475,993,518
  • Plan Number22
  • Plan Type Single Employer
  • Is the plan collectively bargained?Yes
  • Did the plan file for an extension of time or the DFVC Program?Yes
  • Plan Funding Arrangement Trust
  • Plan Benefit Arrangement Trust

Participant Information as of 12/31/2016

  • Active (Eligible) Participants14,220
  • Retired or separated participants receiving benefits183
  • Other retired or separated participants entitled to future benefits1,250
  • Subtotal15,653
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits40
  • Total15,693
  • Total number of participants as of 01/01/201615,975
  • Number of participants with account balances15,550
  • Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested1

Expenses

  • Total Benefit Payments$0
  • Corrective Distributions$0
  • Administrative Service Providers$0
  • Other Expenses$0
  • Total Expenses$0
  • Total Transfers$0

Sponsor Information

  • Address4333 Amon Carter Blvd. Mail Drop 5113
  • CityFort Worth
  • StateTX
  • Zip76155
  • Telephone(817) 967-1443
  • EIN13-1502798
  • Industry Code481000
  • Named AdministratorPatrick O'Keeffe

Plan Administrator Information

  • Administrator NameAmerican Airlines, Inc. - Retirement
  • Address4333 Amon Carter Boulevard Mail Drop 5144
  • CityFort Worth
  • StateTX
  • Zip76155
  • Telephone(800) 447-2000
  • Administrator EIN13-1502798

Audit Information

  • Audit StatusAudited
  • AuditorMayer Hoffman Mccann Pc
  • Auditor EIN43-1947695
  • Audit Opinion Disclaimer
  • Audit TypeLimited Scope Audit

Benefits Provided Under the Plan

Code Benefit Description
2E Profit-sharing A defined contribution plan that allows employer discretionary contributions. These plans often contain a 401(k) feature.
2G Total participant-directed account plan Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J Code section 401(k) feature A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
2K Code section 401(m) arrangement Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contributions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
2R Brokerage Window Participant-directed brokerage accounts provided as an investment option under the plan.
2T Participant-directed Account Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.

Questions and Answers

Question Answer Amount
During the plan year did the employer fail to transmit to the plan any participant contributions within the time period described in 29 CFT 2510.3-102? No
Were any loans by the plan or fixed income obligations due the plan in default as of the close of plan year or classified during the year as uncollectible? Disregard participant loans secured by participant's account balance. No
Were any leases to which the plan was a party in default or classified during the year as uncollectible? No
Were there any nonexempt transactions with any party-in-interest? No
Was this plan covered by a fidelity bond? Yes $25,000,000
Did the plan have a loss, whether or not reimbursed by the plan's fidelity bond, that was caused by fraud or dishonesty? No
Did the plan hold any assets whose current value was neither readily determinable on an established market nor set by an independent third party appraiser? No
Did the plan receive any noncash contributions whose value was neither readily determinable on an established market nor set by an independent third party appraiser? No
Did the plan have assets held for investment? Yes
Were any plan transactions or series of transactions in excess of 5% of the current value of plan assets? No
Were all the plan assets either distributed to participants or beneficiaries, transferred to another plan, or brought under the control of the PBGC? No
Has the plan failed to provide any benefit when due under the plan? No
If this is an individual account plan, was there a blackout period? No
If there was a blackout period, have you either provided the required notice or one of the exceptions to providing the notice applied under 29 CFR 2520.101-3? No

Financials

Income and Expense Statement

Income $1,020,735,256
Contributions $691,302,296
Cash Contributions $691,302,296
Cash from Employers $446,297,079
Cash from Participants $231,224,717
Others (including rollovers) $13,780,500
Noncash Contributions $0
Total Earnings on Investments $329,432,960
Total Interest $2,960,210
Interest-Bearing Cash $0
U.S. Government Securities $0
Corporate Debt Instruments $0
Loans (other than to participants) $0
Participant Loans $2,960,210
Interest from Other Investments $0
Total Dividends $0
Preferred Stock $0
Common Stock $0
Rents $0
Net gain (loss) on sale of assets $0
Aggregate Proceeds $0
Aggregate Carrying Amount $0
Total Unrealized Appreciation (depreciation) of assets $0
Real Estate $0
Other $0
Net investment gain (loss) from common/collective trusts $0
Net investment gain (loss) from pooled separate accounts $0
Net investment gain (loss) from master trust investment accounts $326,472,750
Net investment gain (loss) from 103-12 investment entities $0
Net investment gain (loss) from registered investment companies $0
Other Income $0
Expenses $288,786,145
Total Benefit Payments $287,083,398
Directly to participants or beneficiaries, including direct rollovers $287,083,398
To insurance carriers for the provision of benefits $0
Other Benefit Payment Fees $0
Corrective Distributions $10,506
Certain deemed distributions of participant loans $345,036
Interest expense $0
Total Administrative Expenses $1,347,205
Professional Fees $0
Contract Administrator Fees $618,702
Investment Advisory and management fees $694,832
Other Administrative Fees $33,671
Net Income $731,949,111
Transfers of Assets to this Plan $0
Transfers of Assets from this Plan $18,623

Asset and Liability Statement

12/31/2016 12/31/2015 Change YOY
Total Assets $5,476,117,702 $4,675,160,654 17.13%
Total noninterest-bearing cash $0 $0 0.0%
Receivables $34,643,131 $0 0.0%
Employer Contributions $18,497,740 $0 0.0%
Participant Contributions $16,145,391 $0 0.0%
Other Contributions $0 $0 0.0%
General Investments $0 $0 0.0%
Interest-bearing cash $0 $0 0.0%
U.S. Government Securities $0 $0 0.0%
Corporate Debt Instruments $0 $0 0.0%
Preferred $0 $0 0.0%
All Other $0 $0 0.0%
Corporate Stocks $0 $0 0.0%
Preferred $0 $0 0.0%
Common $0 $0 0.0%
Partnership/joint venture interests $0 $0 0.0%
Real estate (other than employer real property) $0 $0 0.0%
Loans (other than to participants) $0 $0 0.0%
Participants Loans $77,827,647 $68,511,346 13.60%
Value of interest in common/collective trusts $0 $0 0.0%
Value of interest in pooled separate accounts $0 $0 0.0%
Value of interest in master trust investment accounts $5,363,646,924 $4,606,649,308 16.43%
Value of interest in 103-12 investment entities $0 $0 0.0%
Value of interest in registered investment companies $0 $0 0.0%
Value of funds held in insurance co. general account $0 $0 0.0%
Other Investments $0 $0 0.0%
Employer-related Investments $0 $0 0.0%
Employer Securities $0 $0 0.0%
Employer Real Property $0 $0 0.0%
Buildings and other property used in plan operation $0 $0 0.0%
Total Liabilities $124,184 $0 0.0%
Benefit Claims Payable (1) $0 $0 0.0%
Operating Payables (1) $124,184 $0 0.0%
Acquisition Indebtedness (1) $0 $0 0.0%
Other liabilities (1) $0 $0 0.0%
Net Assets $5,475,993,518 $4,675,160,654 17.13%

Service Providers

Persons Receiving Only Eligible Indirect Compensation

There is no information on eligible indirect compensation for this plan.

Other Service Providers Receiving Direct or Indirect Compensation

Name Nature of Service Relationship to Plan Sponsor Direct Compensation Paid by Plan Indirect Compensation Paid by Plan Total Compensation
Fidelity Investments Institutional Participant loan processing, Recordkeeping fees, Account maintenance fees, Securities brokerage commissions and fees, Other fees Recordkeeper $1,168,545 $0 $1,168,545
Financial Engines Investment advisory (plan) Advisor $691,277 $0 $691,277
Total $1,859,822 $0 $1,859,822

Indirect Compensation

There are no service providers with indirect compensation listed for this plan.

Service Providers Who Fail or Refuse to Provide Information

There are no service providers who failed or refused to provide information.

Termination Information on Accountants and Enrolled Actuaries

There is no termination information for this plan.

Investments

Investments

Name of Investment Investment Manager Type of Investment Dollar Value
Master Trust for Dc Plans of Aag American Airlines, Inc. DFE: Master Trust Investment Account $5,363,646,924
Total $5,363,646,924

Insurance Information

Insurance Information

There are no insurance carriers listed for this plan.