CATHAY PACIFIC AIRWAYS LIMITED SALARY SAVINGS PLAN

Overview

Plan Contact

  • Address: 360 POST STREET – SUITE 300,SAN FRANCISCO,CA
  • Phone: (604) 606-2998

Plan General Information


At the end of 2022, the total retirement plan assets of CATHAY PACIFIC AIRWAYS LIMITED SALARY SAVINGS PLAN is $38,032,528.This plan was established in 1986.

At the end of 2022, the total number of retirement plan participants in CATHAY PACIFIC AIRWAYS LIMITED SALARY SAVINGS PLAN is 489

In 2022, the average participant retirement account value for CATHAY PACIFIC AIRWAYS LIMITED SALARY SAVINGS PLAN is $77,776

In 2022, the estimated average employee contribution amount per participant for CATHAY PACIFIC AIRWAYS LIMITED SALARY SAVINGS PLAN is $2,664

In 2022, the estimated average employer match for an employee in CATHAY PACIFIC AIRWAYS LIMITED SALARY SAVINGS PLAN is approximately $1,206

In 2022, CATHAY PACIFIC AIRWAYS LIMITED SALARY SAVINGS PLAN allocates $590,180 to match its employees’ contributions, providing an employer match rate of 43.65% of their contributions

In 2022, the total retirement plan asset growth rate of CATHAY PACIFIC AIRWAYS LIMITED SALARY SAVINGS PLAN is -21.50%

In 2022, the estimated aggregate retirement account investment gain/loss for CATHAY PACIFIC AIRWAYS LIMITED SALARY SAVINGS PLAN is -17.98%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of CATHAY PACIFIC AIRWAYS LIMITED SALARY SAVINGS PLAN is 0.31%.

Enrollment Features

CATHAY PACIFIC AIRWAYS LIMITED SALARY SAVINGS PLAN has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.