Not to downplay that achievement, but it may include a fair amount of retired pilots as well.

Most of them are pulling those funds out for living expenses and there aren't enough of them to skew the other 50,000+ employees on the 401k. If you ask the R&I people they will tell you the data concerning the pilot group.

$538k per pilot. Managers and above may skew it higher, but we do have a lot of new hires, which is a good thing.

50,000 other employees are not part of the pilot retirement account plan.

It’s for pilots only. Avoids safe harbor restrictions and has other benefits.

With some modest 401k contributions and the company giving us 16.5% it adds up pretty quick in this market.

We actually broke 10B, before a Trump tweet sent it back down below 10.

9.88B as of yesterday.

Oh, brother...:rolleyes:

Prob close in Nov as well. Who knows in 6 months.

Having a discussion in the Frontier forum about total compensation over a career. Does "B fund" just refer to the company's "matching" or contribution to a pilot's 401K? Is there anything else in your compensation package besides hourly rate, 401K matching, and profit sharing? I find it interesting how (according to their forum) attrition at F9 has slowed/stopped since they got their contract when their total compensation package doesn't seem like it would provide roughly equal career earnings. There's 30-40 yr old guys saying they're staying at F9 and not interested in a legacy because they want the fast QOL and the money will be pretty comparable. I can't believe that is the case when they'll be topped out at narrow body CA pay for 25 years

United doesn’t have “matching”.

The company puts in an additional 16% on top of pilot earnings. So if a pilot earns $200k in a year, they put in an addition $32k into the pilots 401k. The pilot can also put in an additional $19k ($25k if 50+).

Both of those are called “The B Fund” although its actually just a 401k.

We also have an RHA, which is a Retiree Health Account. IT can be used for any health related expense after retirement. The company puts in $1 for every hour we fly. They also put in an additional 16% of our income once we max our 401k.

Many of us also have a frozen A plan, or a PBGC payment from terminated pensions.