Plan Snapshot
- Plan Sponsor: American Airlines, INC. -Benefits
- Sponsor EIN: 131502798
- Sponsor Address: MD 8A202, FORT WORTH, TX, 76155
- Plan Type: 401(k)
- Plan Number: 509
- Total Participants: 30,083
- Total Assets: $286.8M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 30,083 | $286.8M | $0 | $6.4M |
| 2023 | 30,984 | $272.1M | $0 | $5.9M |
| 2022 | 30,539 | $249.1M | $0 | $5.9M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| METROPOLITAN LIFE INSURANCE COMPANY | Recordkeeper | $1,239,793 | — | $1,239,793 |
| WILLIS TOWERS WATSON | Actuary | $54,000 | — | $54,000 |
| CBIZ CPAS P.C. | Other Service Provider | $23,498 | — | $23,498 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,317,291
- Estimated Expense Ratio: 0.459% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $1,324,747 | — | $1,239,792 | $23,498 | — |
| 2023 | $1,672,272 | — | $1,590,194 | $22,780 | — |
| 2022 | $1,613,743 | — | $1,537,360 | — | $76,383 |