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KOREAN AIR LINES CO., LTD. EMPLOYEE WELFARE PLAN 401k Plan overview

Plan NameKOREAN AIR LINES CO., LTD. EMPLOYEE WELFARE PLAN
Plan identification number 501

KOREAN AIR LINES CO., LTD. EMPLOYEE WELFARE PLAN Benefits

401k Plan TypeWelfare Benefit
Plan Features/Benefits
  • Health (other than dental or vision)
  • Life insurance
  • Dental
  • Vision
  • Temporary disability (accident and sickness)
  • Long-term disability cover
  • Death benefits (include travel accident but not life insurance)
  • Other welfare benefit cover

401k Sponsoring company profile

KOREAN AIR LINES COMPANY, LTD has sponsored the creation of one or more 401k plans.

Company Name:KOREAN AIR LINES COMPANY, LTD
Employer identification number (EIN):952680968
NAIC Classification:481000
NAIC Description: Air Transportation

Form 5500 Filing Information

Submission information for form 5500 for 401k plan KOREAN AIR LINES CO., LTD. EMPLOYEE WELFARE PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5012022-01-01
5012021-01-01
5012020-01-01
5012019-01-01
5012018-01-01
5012017-01-01SO YOUNG KIM
5012016-01-01SO YOUNG KIM
5012014-01-01JINNIE LEE
5012013-01-01JINNIE LEE
5012012-01-01JINNIE LEE
5012011-01-01JINNIE LEE
5012009-01-01JINNIE LEE

Plan Statistics for KOREAN AIR LINES CO., LTD. EMPLOYEE WELFARE PLAN

401k plan membership statisitcs for KOREAN AIR LINES CO., LTD. EMPLOYEE WELFARE PLAN

Measure Date Value
2022: KOREAN AIR LINES CO., LTD. EMPLOYEE WELFARE PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-01358
Total number of active participants reported on line 7a of the Form 55002022-01-01335
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-010
Total of all active and inactive participants2022-01-01335
2021: KOREAN AIR LINES CO., LTD. EMPLOYEE WELFARE PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-01380
Total number of active participants reported on line 7a of the Form 55002021-01-01358
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-010
Total of all active and inactive participants2021-01-01358
2020: KOREAN AIR LINES CO., LTD. EMPLOYEE WELFARE PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-01453
Total number of active participants reported on line 7a of the Form 55002020-01-01380
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-010
Total of all active and inactive participants2020-01-01380
Total participants2020-01-01380
2019: KOREAN AIR LINES CO., LTD. EMPLOYEE WELFARE PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-01451
Total number of active participants reported on line 7a of the Form 55002019-01-01453
Total of all active and inactive participants2019-01-01453
Total participants2019-01-01453
Number of participants with account balances2019-01-010
2018: KOREAN AIR LINES CO., LTD. EMPLOYEE WELFARE PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-01470
Total number of active participants reported on line 7a of the Form 55002018-01-01451
Total of all active and inactive participants2018-01-01451
Total participants2018-01-01451
2017: KOREAN AIR LINES CO., LTD. EMPLOYEE WELFARE PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-01454
Total number of active participants reported on line 7a of the Form 55002017-01-01470
Total of all active and inactive participants2017-01-01470
Total participants2017-01-01470
2016: KOREAN AIR LINES CO., LTD. EMPLOYEE WELFARE PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-01468
Total number of active participants reported on line 7a of the Form 55002016-01-01454
Total of all active and inactive participants2016-01-01454
Total participants2016-01-01454
2014: KOREAN AIR LINES CO., LTD. EMPLOYEE WELFARE PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-01457
Total number of active participants reported on line 7a of the Form 55002014-01-01488
Total of all active and inactive participants2014-01-01488
Total participants2014-01-010
2013: KOREAN AIR LINES CO., LTD. EMPLOYEE WELFARE PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-01468
Total number of active participants reported on line 7a of the Form 55002013-01-01457
Total of all active and inactive participants2013-01-01457
Total participants2013-01-010
2012: KOREAN AIR LINES CO., LTD. EMPLOYEE WELFARE PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-01507
Total number of active participants reported on line 7a of the Form 55002012-01-01468
Total of all active and inactive participants2012-01-01468
Total participants2012-01-010
2011: KOREAN AIR LINES CO., LTD. EMPLOYEE WELFARE PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-01495
Total number of active participants reported on line 7a of the Form 55002011-01-01507
Total of all active and inactive participants2011-01-01507
Total participants2011-01-01507
2009: KOREAN AIR LINES CO., LTD. EMPLOYEE WELFARE PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-01475
Total number of active participants reported on line 7a of the Form 55002009-01-01495
Total of all active and inactive participants2009-01-01495
Total participants2009-01-01495

Financial Data on KOREAN AIR LINES CO., LTD. EMPLOYEE WELFARE PLAN

Measure Date Value
2022 : KOREAN AIR LINES CO., LTD. EMPLOYEE WELFARE PLAN 2022 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$412,524
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$482,377
Total income from all sources (including contributions)2022-12-31$5,334,433
Total of all expenses incurred2022-12-31$4,823,513
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$4,785,383
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$5,334,433
Value of total assets at end of year2022-12-31$884,858
Value of total assets at beginning of year2022-12-31$443,791
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$38,130
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Administrative expenses professional fees incurred2022-12-31$38,130
Was this plan covered by a fidelity bond2022-12-31No
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$1,012,934
Participant contributions at end of year2022-12-31$69,397
Participant contributions at beginning of year2022-12-31$70,317
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2022-12-31$4,304,125
Value of other receiveables (less allowance for doubtful accounts) at end of year2022-12-31$226,565
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2022-12-31$24,009
Liabilities. Value of operating payables at end of year2022-12-31$4,785
Liabilities. Value of operating payables at beginning of year2022-12-31$10,941
Total non interest bearing cash at end of year2022-12-31$380,327
Total non interest bearing cash at beginning of year2022-12-31$149,465
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$510,920
Value of net assets at end of year (total assets less liabilities)2022-12-31$472,334
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$-38,586
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Expenses. Payments to insurance carriers foe the provision of benefits2022-12-31$481,258
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31No
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Contributions received in cash from employer2022-12-31$4,321,499
Employer contributions (assets) at end of year2022-12-31$208,569
Employer contributions (assets) at beginning of year2022-12-31$200,000
Liabilities. Value of benefit claims payable at end of year2022-12-31$407,739
Liabilities. Value of benefit claims payable at beginning of year2022-12-31$471,436
Did the plan have assets held for investment2022-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31KLICHS, LLP
Accountancy firm EIN2022-12-31462608003
2021 : KOREAN AIR LINES CO., LTD. EMPLOYEE WELFARE PLAN 2021 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$482,377
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$935,418
Total income from all sources (including contributions)2021-12-31$5,360,843
Total of all expenses incurred2021-12-31$4,892,162
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$4,170,026
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$5,360,843
Value of total assets at end of year2021-12-31$443,791
Value of total assets at beginning of year2021-12-31$428,151
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$722,136
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Was this plan covered by a fidelity bond2021-12-31No
If this is an individual account plan, was there a blackout period2021-12-31No
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$1,142,151
Participant contributions at end of year2021-12-31$70,317
Participant contributions at beginning of year2021-12-31$71,584
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2021-12-31$3,552,508
Value of other receiveables (less allowance for doubtful accounts) at end of year2021-12-31$24,009
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2021-12-31$37,677
Liabilities. Value of operating payables at end of year2021-12-31$10,941
Total non interest bearing cash at end of year2021-12-31$149,465
Total non interest bearing cash at beginning of year2021-12-31$96,846
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$468,681
Value of net assets at end of year (total assets less liabilities)2021-12-31$-38,586
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$-507,267
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Expenses. Payments to insurance carriers foe the provision of benefits2021-12-31$617,518
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Contributions received in cash from employer2021-12-31$4,218,692
Employer contributions (assets) at end of year2021-12-31$200,000
Employer contributions (assets) at beginning of year2021-12-31$222,044
Contract administrator fees2021-12-31$722,136
Liabilities. Value of benefit claims payable at end of year2021-12-31$471,436
Liabilities. Value of benefit claims payable at beginning of year2021-12-31$935,418
Did the plan have assets held for investment2021-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31KLICHS, LLP
Accountancy firm EIN2021-12-31462608003
2020 : KOREAN AIR LINES CO., LTD. EMPLOYEE WELFARE PLAN 2020 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$935,418
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$187,670
Total income from all sources (including contributions)2020-12-31$3,458,565
Total of all expenses incurred2020-12-31$4,273,523
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$3,934,386
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$3,458,565
Value of total assets at end of year2020-12-31$428,151
Value of total assets at beginning of year2020-12-31$495,361
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$339,137
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Was this plan covered by a fidelity bond2020-12-31No
If this is an individual account plan, was there a blackout period2020-12-31No
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Contributions received from participants2020-12-31$1,071,571
Participant contributions at end of year2020-12-31$71,584
Participant contributions at beginning of year2020-12-31$71,983
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2020-12-31$3,351,101
Value of other receiveables (less allowance for doubtful accounts) at end of year2020-12-31$37,677
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2020-12-31$38,981
Total non interest bearing cash at end of year2020-12-31$96,846
Total non interest bearing cash at beginning of year2020-12-31$234,328
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$-814,958
Value of net assets at end of year (total assets less liabilities)2020-12-31$-507,267
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$307,691
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Expenses. Payments to insurance carriers foe the provision of benefits2020-12-31$583,285
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Contributions received in cash from employer2020-12-31$2,386,994
Employer contributions (assets) at end of year2020-12-31$222,044
Employer contributions (assets) at beginning of year2020-12-31$150,069
Contract administrator fees2020-12-31$339,137
Liabilities. Value of benefit claims payable at end of year2020-12-31$935,418
Liabilities. Value of benefit claims payable at beginning of year2020-12-31$187,670
Did the plan have assets held for investment2020-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Opinion of an independent qualified public accountant for this plan2020-12-31Unqualified
Accountancy firm name2020-12-31KLICHS, LLP
Accountancy firm EIN2020-12-31462608003
2019 : KOREAN AIR LINES CO., LTD. EMPLOYEE WELFARE PLAN 2019 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$187,670
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$2,118,080
Total income from all sources (including contributions)2019-12-31$4,102,033
Total of all expenses incurred2019-12-31$3,541,864
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$3,158,697
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$4,102,033
Value of total assets at end of year2019-12-31$495,361
Value of total assets at beginning of year2019-12-31$1,865,602
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$383,167
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Was this plan covered by a fidelity bond2019-12-31No
If this is an individual account plan, was there a blackout period2019-12-31No
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Contributions received from participants2019-12-31$883,444
Participant contributions at end of year2019-12-31$71,983
Participant contributions at beginning of year2019-12-31$65,837
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2019-12-31$2,866,955
Value of other receiveables (less allowance for doubtful accounts) at end of year2019-12-31$38,981
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2019-12-31$1,429,025
Administrative expenses (other) incurred2019-12-31$831
Total non interest bearing cash at end of year2019-12-31$234,328
Total non interest bearing cash at beginning of year2019-12-31$235,081
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$560,169
Value of net assets at end of year (total assets less liabilities)2019-12-31$307,691
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$-252,478
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Value of interest in pooled separate accounts at end of year2019-12-31$0
Expenses. Payments to insurance carriers foe the provision of benefits2019-12-31$291,742
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Contributions received in cash from employer2019-12-31$3,218,589
Employer contributions (assets) at end of year2019-12-31$150,069
Employer contributions (assets) at beginning of year2019-12-31$135,659
Contract administrator fees2019-12-31$382,336
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32019-12-31No
Liabilities. Value of benefit claims payable at end of year2019-12-31$187,670
Liabilities. Value of benefit claims payable at beginning of year2019-12-31$2,118,080
Did the plan have assets held for investment2019-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31No
Opinion of an independent qualified public accountant for this plan2019-12-31Unqualified
Accountancy firm name2019-12-31STERN, KORY, SREDEN & MORGAN, AAC
Accountancy firm EIN2019-12-31954509583
2018 : KOREAN AIR LINES CO., LTD. EMPLOYEE WELFARE PLAN 2018 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$2,118,080
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$1,489,175
Total income from all sources (including contributions)2018-12-31$3,578,233
Total of all expenses incurred2018-12-31$3,166,661
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$2,891,033
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$3,578,233
Value of total assets at end of year2018-12-31$1,865,602
Value of total assets at beginning of year2018-12-31$825,125
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$275,628
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Was this plan covered by a fidelity bond2018-12-31No
If this is an individual account plan, was there a blackout period2018-12-31No
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Contributions received from participants2018-12-31$815,265
Participant contributions at end of year2018-12-31$65,837
Participant contributions at beginning of year2018-12-31$71,398
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2018-12-31$2,856,975
Value of other receiveables (less allowance for doubtful accounts) at end of year2018-12-31$1,429,025
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2018-12-31$1,772
Administrative expenses (other) incurred2018-12-31$458
Total non interest bearing cash at end of year2018-12-31$235,081
Total non interest bearing cash at beginning of year2018-12-31$556,220
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$411,572
Value of net assets at end of year (total assets less liabilities)2018-12-31$-252,478
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$-664,050
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Value of interest in pooled separate accounts at end of year2018-12-31$0
Expenses. Payments to insurance carriers foe the provision of benefits2018-12-31$34,058
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Contributions received in cash from employer2018-12-31$2,762,968
Employer contributions (assets) at end of year2018-12-31$135,659
Employer contributions (assets) at beginning of year2018-12-31$195,735
Contract administrator fees2018-12-31$275,170
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32018-12-31No
Liabilities. Value of benefit claims payable at end of year2018-12-31$2,118,080
Liabilities. Value of benefit claims payable at beginning of year2018-12-31$1,489,175
Did the plan have assets held for investment2018-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31No
Opinion of an independent qualified public accountant for this plan2018-12-31Unqualified
Accountancy firm name2018-12-31STERN, KORY, SREDEN & MORGAN, AAC
Accountancy firm EIN2018-12-31954509583
2017 : KOREAN AIR LINES CO., LTD. EMPLOYEE WELFARE PLAN 2017 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$1,489,175
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$222,887
Total income from all sources (including contributions)2017-12-31$3,361,278
Total of all expenses incurred2017-12-31$4,607,460
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$4,328,673
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$3,361,278
Value of total assets at end of year2017-12-31$825,125
Value of total assets at beginning of year2017-12-31$805,019
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$278,787
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Was this plan covered by a fidelity bond2017-12-31No
If this is an individual account plan, was there a blackout period2017-12-31No
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Contributions received from participants2017-12-31$836,161
Participant contributions at end of year2017-12-31$71,398
Participant contributions at beginning of year2017-12-31$63,854
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2017-12-31$4,290,912
Value of other receiveables (less allowance for doubtful accounts) at end of year2017-12-31$1,772
Administrative expenses (other) incurred2017-12-31$455
Total non interest bearing cash at end of year2017-12-31$556,220
Total non interest bearing cash at beginning of year2017-12-31$388,217
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$-1,246,182
Value of net assets at end of year (total assets less liabilities)2017-12-31$-664,050
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$582,132
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Value of interest in common/collective trusts at end of year2017-12-31$0
Expenses. Payments to insurance carriers foe the provision of benefits2017-12-31$37,761
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Contributions received in cash from employer2017-12-31$2,525,117
Employer contributions (assets) at end of year2017-12-31$195,735
Employer contributions (assets) at beginning of year2017-12-31$352,948
Contract administrator fees2017-12-31$278,332
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32017-12-31No
Liabilities. Value of benefit claims payable at end of year2017-12-31$1,489,175
Liabilities. Value of benefit claims payable at beginning of year2017-12-31$222,887
Did the plan have assets held for investment2017-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31No
Opinion of an independent qualified public accountant for this plan2017-12-31Unqualified
Accountancy firm name2017-12-31STERN, KORY, SREDEN & MORGAN, AAC
Accountancy firm EIN2017-12-31954509583
2016 : KOREAN AIR LINES CO., LTD. EMPLOYEE WELFARE PLAN 2016 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$222,887
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$248,893
Total income from all sources (including contributions)2016-12-31$3,250,424
Total of all expenses incurred2016-12-31$3,265,046
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$2,969,600
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$3,250,424
Value of total assets at end of year2016-12-31$805,019
Value of total assets at beginning of year2016-12-31$845,647
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$295,446
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Was this plan covered by a fidelity bond2016-12-31No
If this is an individual account plan, was there a blackout period2016-12-31No
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Contributions received from participants2016-12-31$777,928
Participant contributions at end of year2016-12-31$63,854
Participant contributions at beginning of year2016-12-31$62,970
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2016-12-31$2,931,394
Administrative expenses (other) incurred2016-12-31$22,064
Total non interest bearing cash at end of year2016-12-31$388,217
Total non interest bearing cash at beginning of year2016-12-31$590,663
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$-14,622
Value of net assets at end of year (total assets less liabilities)2016-12-31$582,132
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$596,754
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Value of interest in common/collective trusts at end of year2016-12-31$0
Expenses. Payments to insurance carriers foe the provision of benefits2016-12-31$38,206
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
Was there a failure to transmit to the plan any participant contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Contributions received in cash from employer2016-12-31$2,472,496
Employer contributions (assets) at end of year2016-12-31$352,948
Employer contributions (assets) at beginning of year2016-12-31$192,014
Contract administrator fees2016-12-31$273,382
Liabilities. Value of benefit claims payable at end of year2016-12-31$222,887
Liabilities. Value of benefit claims payable at beginning of year2016-12-31$248,893
Did the plan have assets held for investment2016-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31No
Opinion of an independent qualified public accountant for this plan2016-12-31Unqualified
Accountancy firm name2016-12-31STERN, KORY, SREDEN & MORGAN, AAC
Accountancy firm EIN2016-12-31954509583
2014 : KOREAN AIR LINES CO., LTD. EMPLOYEE WELFARE PLAN 2014 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$193,679
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$174,461
Total income from all sources (including contributions)2014-12-31$2,820,725
Total of all expenses incurred2014-12-31$3,123,063
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$2,724,655
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$2,820,725
Value of total assets at end of year2014-12-31$799,141
Value of total assets at beginning of year2014-12-31$1,082,261
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$398,408
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-12-31No
Was this plan covered by a fidelity bond2014-12-31No
If this is an individual account plan, was there a blackout period2014-12-31No
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Contributions received from participants2014-12-31$794,081
Participant contributions at end of year2014-12-31$64,198
Participant contributions at beginning of year2014-12-31$66,486
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2014-12-31$2,210,193
Administrative expenses (other) incurred2014-12-31$49,572
Total non interest bearing cash at end of year2014-12-31$732,943
Total non interest bearing cash at beginning of year2014-12-31$850,348
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Value of net income/loss2014-12-31$-302,338
Value of net assets at end of year (total assets less liabilities)2014-12-31$605,462
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$907,800
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-12-31No
Were any leases to which the plan was party in default or uncollectible2014-12-31No
Value of interest in common/collective trusts at end of year2014-12-31$0
Expenses. Payments to insurance carriers foe the provision of benefits2014-12-31$514,462
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-12-31No
Was there a failure to transmit to the plan any participant contributions2014-12-31No
Has the plan failed to provide any benefit when due under the plan2014-12-31No
Contributions received in cash from employer2014-12-31$2,026,644
Employer contributions (assets) at end of year2014-12-31$2,000
Employer contributions (assets) at beginning of year2014-12-31$165,427
Contract administrator fees2014-12-31$348,836
Liabilities. Value of benefit claims payable at end of year2014-12-31$193,679
Liabilities. Value of benefit claims payable at beginning of year2014-12-31$174,461
Did the plan have assets held for investment2014-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-12-31No
Opinion of an independent qualified public accountant for this plan2014-12-31Unqualified
Accountancy firm name2014-12-31STERN, KORY, SREDEN & MORGAN, AAC
Accountancy firm EIN2014-12-31954509583
2013 : KOREAN AIR LINES CO., LTD. EMPLOYEE WELFARE PLAN 2013 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$174,461
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$866,654
Total income from all sources (including contributions)2013-12-31$4,450,428
Total of all expenses incurred2013-12-31$3,560,631
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$3,219,001
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$4,450,428
Value of total assets at end of year2013-12-31$1,082,261
Value of total assets at beginning of year2013-12-31$884,657
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$341,630
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-12-31No
Was this plan covered by a fidelity bond2013-12-31No
If this is an individual account plan, was there a blackout period2013-12-31No
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Contributions received from participants2013-12-31$792,002
Participant contributions at end of year2013-12-31$66,486
Participant contributions at beginning of year2013-12-31$96,295
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2013-12-31$2,763,602
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2013-12-31$6
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2013-12-31$85,523
Total non interest bearing cash at end of year2013-12-31$850,348
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Value of net income/loss2013-12-31$889,797
Value of net assets at end of year (total assets less liabilities)2013-12-31$907,800
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$18,003
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2013-12-31No
Were any leases to which the plan was party in default or uncollectible2013-12-31No
Value of interest in common/collective trusts at end of year2013-12-31$0
Expenses. Payments to insurance carriers foe the provision of benefits2013-12-31$455,399
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-12-31No
Was there a failure to transmit to the plan any participant contributions2013-12-31No
Has the plan failed to provide any benefit when due under the plan2013-12-31No
Contributions received in cash from employer2013-12-31$3,658,426
Employer contributions (assets) at end of year2013-12-31$165,427
Employer contributions (assets) at beginning of year2013-12-31$788,356
Contract administrator fees2013-12-31$341,630
Liabilities. Value of benefit claims payable at end of year2013-12-31$174,461
Liabilities. Value of benefit claims payable at beginning of year2013-12-31$781,131
Did the plan have assets held for investment2013-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-12-31No
Opinion of an independent qualified public accountant for this plan2013-12-31Unqualified
Accountancy firm name2013-12-31STERN, KORY, SREDEN & MORGAN, AAC
Accountancy firm EIN2013-12-31954509583
2012 : KOREAN AIR LINES CO., LTD. EMPLOYEE WELFARE PLAN 2012 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$866,654
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$368,001
Total income from all sources (including contributions)2012-12-31$3,471,838
Total of all expenses incurred2012-12-31$4,508,412
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$4,264,478
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$3,471,838
Value of total assets at end of year2012-12-31$884,657
Value of total assets at beginning of year2012-12-31$1,422,578
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$243,934
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31No
Was this plan covered by a fidelity bond2012-12-31No
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Contributions received from participants2012-12-31$616,924
Participant contributions at end of year2012-12-31$96,295
Participant contributions at beginning of year2012-12-31$45,335
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2012-12-31$3,849,872
Value of other receiveables (less allowance for doubtful accounts) at end of year2012-12-31$6
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2012-12-31$793
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2012-12-31$85,523
Total non interest bearing cash at beginning of year2012-12-31$974,374
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$-1,036,574
Value of net assets at end of year (total assets less liabilities)2012-12-31$18,003
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$1,054,577
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31No
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Value of interest in common/collective trusts at end of year2012-12-31$0
Expenses. Payments to insurance carriers foe the provision of benefits2012-12-31$414,606
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31No
Was there a failure to transmit to the plan any participant contributions2012-12-31No
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Contributions received in cash from employer2012-12-31$2,854,914
Employer contributions (assets) at end of year2012-12-31$788,356
Employer contributions (assets) at beginning of year2012-12-31$402,076
Contract administrator fees2012-12-31$243,934
Liabilities. Value of benefit claims payable at end of year2012-12-31$781,131
Liabilities. Value of benefit claims payable at beginning of year2012-12-31$368,001
Did the plan have assets held for investment2012-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31No
Opinion of an independent qualified public accountant for this plan2012-12-31Unqualified
Accountancy firm name2012-12-31STERN, KORY, SREDEN & MORGAN, AAC
Accountancy firm EIN2012-12-31954509583
2011 : KOREAN AIR LINES CO., LTD. EMPLOYEE WELFARE PLAN 2011 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$368,001
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$287,025
Total income from all sources (including contributions)2011-12-31$3,422,017
Total of all expenses incurred2011-12-31$3,576,049
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$3,331,272
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$3,422,017
Value of total assets at end of year2011-12-31$1,422,578
Value of total assets at beginning of year2011-12-31$1,495,634
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$244,777
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Was this plan covered by a fidelity bond2011-12-31No
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Contributions received from participants2011-12-31$577,296
Participant contributions at end of year2011-12-31$45,335
Participant contributions at beginning of year2011-12-31$36,229
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2011-12-31$2,967,868
Value of other receiveables (less allowance for doubtful accounts) at end of year2011-12-31$793
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2011-12-31$82,041
Total non interest bearing cash at end of year2011-12-31$974,374
Total non interest bearing cash at beginning of year2011-12-31$1,038,526
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$-154,032
Value of net assets at end of year (total assets less liabilities)2011-12-31$1,054,577
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$1,208,609
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Expenses. Payments to insurance carriers foe the provision of benefits2011-12-31$363,404
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31No
Was there a failure to transmit to the plan any participant contributions2011-12-31No
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Contributions received in cash from employer2011-12-31$2,844,721
Employer contributions (assets) at end of year2011-12-31$402,076
Employer contributions (assets) at beginning of year2011-12-31$338,838
Contract administrator fees2011-12-31$244,777
Liabilities. Value of benefit claims payable at end of year2011-12-31$368,001
Liabilities. Value of benefit claims payable at beginning of year2011-12-31$287,025
Did the plan have assets held for investment2011-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31No
Opinion of an independent qualified public accountant for this plan2011-12-31Unqualified
Accountancy firm name2011-12-31STERN, KORY, SREDEN & MORGAN, AAC
Accountancy firm EIN2011-12-31954509583
2010 : KOREAN AIR LINES CO., LTD. EMPLOYEE WELFARE PLAN 2010 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$287,025
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$418,034
Total income from all sources (including contributions)2010-12-31$3,609,091
Total of all expenses incurred2010-12-31$3,393,391
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$3,165,061
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$3,609,091
Value of total assets at end of year2010-12-31$1,495,634
Value of total assets at beginning of year2010-12-31$1,410,943
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$228,330
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Was this plan covered by a fidelity bond2010-12-31No
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Contributions received from participants2010-12-31$444,062
Participant contributions at end of year2010-12-31$36,229
Participant contributions at beginning of year2010-12-31$110,151
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2010-12-31$2,841,935
Value of other receiveables (less allowance for doubtful accounts) at end of year2010-12-31$82,041
Total non interest bearing cash at end of year2010-12-31$1,038,526
Total non interest bearing cash at beginning of year2010-12-31$508,262
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Value of net income/loss2010-12-31$215,700
Value of net assets at end of year (total assets less liabilities)2010-12-31$1,208,609
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$992,909
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2010-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2010-12-31No
Were any leases to which the plan was party in default or uncollectible2010-12-31No
Expenses. Payments to insurance carriers foe the provision of benefits2010-12-31$323,126
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31No
Was there a failure to transmit to the plan any participant contributions2010-12-31No
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Contributions received in cash from employer2010-12-31$3,165,029
Employer contributions (assets) at end of year2010-12-31$338,838
Employer contributions (assets) at beginning of year2010-12-31$792,530
Contract administrator fees2010-12-31$228,330
Liabilities. Value of benefit claims payable at end of year2010-12-31$287,025
Liabilities. Value of benefit claims payable at beginning of year2010-12-31$418,034
Did the plan have assets held for investment2010-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31No
Opinion of an independent qualified public accountant for this plan2010-12-31Unqualified
Accountancy firm name2010-12-31STERN, KORY, SREDEN & MORGAN, AAC
Accountancy firm EIN2010-12-31954509583

Form 5500 Responses for KOREAN AIR LINES CO., LTD. EMPLOYEE WELFARE PLAN

2022: KOREAN AIR LINES CO., LTD. EMPLOYEE WELFARE PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedYes
2022-01-01Plan funding arrangement – InsuranceYes
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement – InsuranceYes
2022-01-01Plan benefit arrangement - TrustYes
2021: KOREAN AIR LINES CO., LTD. EMPLOYEE WELFARE PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedYes
2021-01-01Plan funding arrangement – InsuranceYes
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement – InsuranceYes
2021-01-01Plan benefit arrangement - TrustYes
2020: KOREAN AIR LINES CO., LTD. EMPLOYEE WELFARE PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Plan funding arrangement – InsuranceYes
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement – InsuranceYes
2020-01-01Plan benefit arrangement - TrustYes
2019: KOREAN AIR LINES CO., LTD. EMPLOYEE WELFARE PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Plan funding arrangement – InsuranceYes
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement – InsuranceYes
2019-01-01Plan benefit arrangement - TrustYes
2018: KOREAN AIR LINES CO., LTD. EMPLOYEE WELFARE PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Plan funding arrangement – InsuranceYes
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement – InsuranceYes
2018-01-01Plan benefit arrangement - TrustYes
2017: KOREAN AIR LINES CO., LTD. EMPLOYEE WELFARE PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Plan funding arrangement – InsuranceYes
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement – InsuranceYes
2017-01-01Plan benefit arrangement - TrustYes
2016: KOREAN AIR LINES CO., LTD. EMPLOYEE WELFARE PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Plan funding arrangement – InsuranceYes
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement – InsuranceYes
2016-01-01Plan benefit arrangement - TrustYes
2014: KOREAN AIR LINES CO., LTD. EMPLOYEE WELFARE PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Plan funding arrangement – InsuranceYes
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement – InsuranceYes
2014-01-01Plan benefit arrangement - TrustYes
2013: KOREAN AIR LINES CO., LTD. EMPLOYEE WELFARE PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Plan funding arrangement – InsuranceYes
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement – InsuranceYes
2013-01-01Plan benefit arrangement - TrustYes
2012: KOREAN AIR LINES CO., LTD. EMPLOYEE WELFARE PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Plan funding arrangement – InsuranceYes
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement – InsuranceYes
2012-01-01Plan benefit arrangement - TrustYes
2011: KOREAN AIR LINES CO., LTD. EMPLOYEE WELFARE PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Plan funding arrangement – InsuranceYes
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement – InsuranceYes
2011-01-01Plan benefit arrangement - TrustYes
2009: KOREAN AIR LINES CO., LTD. EMPLOYEE WELFARE PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Plan funding arrangement – InsuranceYes
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement – InsuranceYes
2009-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

NIPPON LIFE INSURANCE COMPANY OF AMERICA (National Association of Insurance Commissioners NAIC id number: 81264 )
Policy contract numberM653
Policy instance 5
Insurance contract or identification numberM653
Number of Individuals Covered350
Insurance policy start date2022-01-01
Insurance policy end date2022-12-31
Total amount of commissions paid to insurance brokerUSD $3,136
Life Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $28,479
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $3,136
Additional information about fees paid to insurance brokerBROKER
Insurance broker organization code?3
TRANSAMERICA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 86231 )
Policy contract numberER00039254
Policy instance 4
Insurance contract or identification numberER00039254
Number of Individuals Covered129
Insurance policy start date2022-01-01
Insurance policy end date2022-12-31
Total amount of commissions paid to insurance brokerUSD $13,953
Life Insurance Welfare BenefitYes
Other welfare benefits providedACCIDENTAL DEATH & DISMEMBERMENT
Welfare Benefit Premiums Paid to CarrierUSD $60,598
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $8,802
Additional information about fees paid to insurance brokerBROKER
Insurance broker organization code?3
HARTFORD LIFE AND ACCIDENT INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 70815 )
Policy contract number805102G
Policy instance 3
Insurance contract or identification number805102G
Number of Individuals Covered344
Insurance policy start date2022-01-01
Insurance policy end date2022-12-31
Total amount of commissions paid to insurance brokerUSD $4,812
Temporary Disability Insurance Welfare BenefitYes
Long Term Disability Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $32,085
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $2,575
Additional information about fees paid to insurance brokerBROKER
Insurance broker organization code?3
HUMANA INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 73288 )
Policy contract number853357
Policy instance 2
Insurance contract or identification number853357
Number of Individuals Covered219
Insurance policy start date2022-01-01
Insurance policy end date2022-12-31
Total amount of commissions paid to insurance brokerUSD $5,755
Vision Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $57,866
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $5,755
Additional information about fees paid to insurance brokerBROKER
Insurance broker organization code?3
CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES (National Association of Insurance Commissioners NAIC id number: 67369 )
Policy contract number3344843
Policy instance 1
Insurance contract or identification number3344843
Number of Individuals Covered335
Insurance policy start date2022-01-01
Insurance policy end date2022-12-31
Total amount of commissions paid to insurance brokerUSD $19,124
Welfare Benefit Premiums Paid to CarrierUSD $273,016
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $19,124
Additional information about fees paid to insurance brokerBROKER
Insurance broker organization code?3
VISION SERVICE PLAN (National Association of Insurance Commissioners NAIC id number: 00000 )
Policy contract number30063488
Policy instance 1
Insurance contract or identification number30063488
Number of Individuals Covered207
Insurance policy start date2021-01-01
Insurance policy end date2021-12-31
Total amount of commissions paid to insurance brokerUSD $4,627
Vision Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $44,834
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $4,627
Additional information about fees paid to insurance brokerBROKER
Insurance broker organization code?3
HARTFORD LIFE AND ACCIDENT INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 70815 )
Policy contract number805102G
Policy instance 2
Insurance contract or identification number805102G
Number of Individuals Covered349
Insurance policy start date2021-01-01
Insurance policy end date2021-12-31
Total amount of commissions paid to insurance brokerUSD $7,914
Total amount of fees paid to insurance companyUSD $1,067
Life Insurance Welfare BenefitYes
Temporary Disability Insurance Welfare BenefitYes
Long Term Disability Insurance Welfare BenefitYes
Other welfare benefits providedACCIDENTAL DEATH & DISMEMBERMENT
Welfare Benefit Premiums Paid to CarrierUSD $64,770
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $7,914
Additional information about fees paid to insurance brokerBROKER
Insurance broker organization code?3
Amount paid for insurance broker fees959
HCC LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 92711 )
Policy contract numberHCL34515
Policy instance 3
Insurance contract or identification numberHCL34515
Number of Individuals Covered355
Insurance policy start date2021-01-01
Insurance policy end date2021-12-31
Total amount of commissions paid to insurance brokerUSD $20,845
Total amount of fees paid to insurance companyUSD $5,539
Welfare Benefit Premiums Paid to CarrierUSD $297,785
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $20,845
Additional information about fees paid to insurance brokerBROKER
Insurance broker organization code?3
Amount paid for insurance broker fees4643
TRANSAMERICA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 86231 )
Policy contract numberER00039254
Policy instance 4
Insurance contract or identification numberER00039254
Number of Individuals Covered133
Insurance policy start date2021-01-01
Insurance policy end date2021-12-31
Total amount of commissions paid to insurance brokerUSD $54,021
Life Insurance Welfare BenefitYes
Other welfare benefits providedACCIDENTAL DEATH & DISMEMBERMENT
Welfare Benefit Premiums Paid to CarrierUSD $54,182
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $37,815
Additional information about fees paid to insurance brokerBROKER
Insurance broker organization code?3
UNUM LIFE INSURANCE COMPANY OF AMERICA (National Association of Insurance Commissioners NAIC id number: 62235 )
Policy contract number474457
Policy instance 6
Insurance contract or identification number474457
Number of Individuals Covered51
Insurance policy start date2020-01-01
Insurance policy end date2020-12-31
Total amount of commissions paid to insurance brokerUSD $9,695
Temporary Disability Insurance Welfare BenefitYes
Long Term Disability Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $33,430
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $6,686
Additional information about fees paid to insurance brokerBROKER
Insurance broker organization code?3
HCC LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 92711 )
Policy contract numberHCL34515
Policy instance 5
Insurance contract or identification numberHCL34515
Number of Individuals Covered386
Insurance policy start date2020-01-01
Insurance policy end date2020-12-31
Total amount of commissions paid to insurance brokerUSD $20,148
Total amount of fees paid to insurance companyUSD $5,353
Welfare Benefit Premiums Paid to CarrierUSD $287,820
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $20,148
Additional information about fees paid to insurance brokerBROKER
Insurance broker organization code?3
Amount paid for insurance broker fees5353
UNUM LIFE INSURANCE COMPANY OF AMERICA (National Association of Insurance Commissioners NAIC id number: 62235 )
Policy contract number474458
Policy instance 4
Insurance contract or identification number474458
Number of Individuals Covered131
Insurance policy start date2020-01-01
Insurance policy end date2020-12-31
Total amount of commissions paid to insurance brokerUSD $6,124
Total amount of fees paid to insurance companyUSD $980
Life Insurance Welfare BenefitYes
Other welfare benefits providedACCIDENTAL DEATH & DISMEMBERMENT
Welfare Benefit Premiums Paid to CarrierUSD $24,493
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $4,899
Additional information about fees paid to insurance brokerBROKER
Insurance broker organization code?3
Amount paid for insurance broker fees980
HARTFORD LIFE AND ACCIDENT INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 70815 )
Policy contract number805102G
Policy instance 3
Insurance contract or identification number805102G
Number of Individuals Covered358
Insurance policy start date2020-01-01
Insurance policy end date2020-12-31
Total amount of commissions paid to insurance brokerUSD $2,517
Life Insurance Welfare BenefitYes
Other welfare benefits providedACCIDENTAL DEATH & DISMEMBERMENT
Welfare Benefit Premiums Paid to CarrierUSD $22,495
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $1,979
Additional information about fees paid to insurance brokerBROKER
Insurance broker organization code?3
VISION SERVICE PLAN (National Association of Insurance Commissioners NAIC id number: 00000 )
Policy contract number30063488
Policy instance 2
Insurance contract or identification number30063488
Number of Individuals Covered231
Insurance policy start date2020-01-01
Insurance policy end date2020-12-31
Total amount of commissions paid to insurance brokerUSD $5,177
Vision Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $51,261
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $5,177
Additional information about fees paid to insurance brokerBROKER
Insurance broker organization code?3
AETNA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 60054 )
Policy contract number0805022
Policy instance 1
Insurance contract or identification number0805022
Number of Individuals Covered432
Insurance policy start date2020-01-01
Insurance policy end date2020-03-31
Life Insurance Welfare BenefitYes
Other welfare benefits providedACCIDENTAL DEATH & DISMEMBERMENT
Welfare Benefit Premiums Paid to CarrierUSD $9,654
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
AETNA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 60054 )
Policy contract number805022
Policy instance 1
Insurance contract or identification number805022
Number of Individuals Covered427
Insurance policy start date2019-01-01
Insurance policy end date2019-12-31
Health Insurance Welfare BenefitYes
Dental Insurance Welfare BenefitYes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
VISION SERVICE PLAN (National Association of Insurance Commissioners NAIC id number: 00000 )
Policy contract number30063488
Policy instance 2
Insurance contract or identification number30063488
Number of Individuals Covered261
Insurance policy start date2019-01-01
Insurance policy end date2019-12-31
Total amount of commissions paid to insurance brokerUSD $5,615
Vision Insurance Welfare BenefitYes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $5,615
Additional information about fees paid to insurance brokerBROKER
Insurance broker organization code?3
AETNA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 60054 )
Policy contract number805022
Policy instance 1
Insurance contract or identification number805022
Number of Individuals Covered414
Insurance policy start date2018-01-01
Insurance policy end date2018-12-31
Total amount of commissions paid to insurance brokerUSD $14,487
Health Insurance Welfare BenefitYes
Dental Insurance Welfare BenefitYes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $14,487
VISION SERVICE PLAN (National Association of Insurance Commissioners NAIC id number: 00000 )
Policy contract number30063488
Policy instance 2
Insurance contract or identification number30063488
Insurance policy start date2018-01-01
Insurance policy end date2018-12-31
Total amount of commissions paid to insurance brokerUSD $4,134
Vision Insurance Welfare BenefitYes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $4,134
Additional information about fees paid to insurance brokerBROKER
Insurance broker organization code?3
VISION SERVICE PLAN (National Association of Insurance Commissioners NAIC id number: 00000 )
Policy contract number30063488
Policy instance 2
Insurance contract or identification number30063488
Number of Individuals Covered271
Insurance policy start date2017-01-01
Insurance policy end date2017-12-31
Total amount of commissions paid to insurance brokerUSD $4,364
Vision Insurance Welfare BenefitYes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $4,364
Additional information about fees paid to insurance brokerBROKER
Insurance broker organization code?3
Insurance broker nameAON CONSULTING
AETNA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 60054 )
Policy contract number805022
Policy instance 1
Insurance contract or identification number805022
Number of Individuals Covered1037
Insurance policy start date2017-01-01
Insurance policy end date2017-12-31
Health Insurance Welfare BenefitYes
Dental Insurance Welfare BenefitYes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No

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