ASIANA AIRLINES 401(K) SAVINGS PLAN AND TRUST

Overview

Plan Contact

  • Address: 3530 WILSHIRE BLVD SUITE 1700,LOS ANGELES,CA
  • Contact person: KATHY JEON
  • Phone: (213) 365-4540

Plan General Information


At the end of 2022, the total retirement plan assets of ASIANA AIRLINES 401(K) SAVINGS PLAN AND TRUST is $15,508,847.This plan was established in 1996.

At the end of 2022, the total number of retirement plan participants in ASIANA AIRLINES 401(K) SAVINGS PLAN AND TRUST is 268

In 2022, the average participant retirement account value for ASIANA AIRLINES 401(K) SAVINGS PLAN AND TRUST is $57,868

In 2022, the estimated average employee contribution amount per participant for ASIANA AIRLINES 401(K) SAVINGS PLAN AND TRUST is $2,803

In 2022, the estimated average employer match for an employee in ASIANA AIRLINES 401(K) SAVINGS PLAN AND TRUST is approximately $746

In 2022, ASIANA AIRLINES 401(K) SAVINGS PLAN AND TRUST allocates $200,116 to match its employees’ contributions, providing an employer match rate of 26.15% of their contributions

In 2022, the total retirement plan asset growth rate of ASIANA AIRLINES 401(K) SAVINGS PLAN AND TRUST is -14.91%

In 2022, the estimated aggregate retirement account investment gain/loss for ASIANA AIRLINES 401(K) SAVINGS PLAN AND TRUST is -16.84%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of ASIANA AIRLINES 401(K) SAVINGS PLAN AND TRUST is 0.26%.

Enrollment Features

ASIANA AIRLINES 401(K) SAVINGS PLAN AND TRUST has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.