QATAR AIRWAYS 401(K) PLAN

Overview

Plan Contact

  • Address: 350 FIFTH AVE SUITE 7600,NEW YORK,NY
  • Contact person: CHINEQUA GRANT
  • Phone: (646) 946-4102

Plan General Information


At the end of 2022, the total retirement plan assets of QATAR AIRWAYS 401(K) PLAN is $14,205,253.This plan was established in 2005.

At the end of 2022, the total number of retirement plan participants in QATAR AIRWAYS 401(K) PLAN is 384

In 2022, the average participant retirement account value for QATAR AIRWAYS 401(K) PLAN is $36,992

In 2022, the estimated average employee contribution amount per participant for QATAR AIRWAYS 401(K) PLAN is $3,106

In 2022, the estimated average employer match for an employee in QATAR AIRWAYS 401(K) PLAN is approximately $1,763

In 2022, QATAR AIRWAYS 401(K) PLAN allocates $677,180 to match its employees’ contributions, providing an employer match rate of 57.36% of their contributions

In 2022, the total retirement plan asset growth rate of QATAR AIRWAYS 401(K) PLAN is -14.56%

In 2022, the estimated aggregate retirement account investment gain/loss for QATAR AIRWAYS 401(K) PLAN is -17.09%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of QATAR AIRWAYS 401(K) PLAN is 0.07%.

Enrollment Features

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