401(k) · DOL Form 5500 · 2022
Skywest, Inc. 401(k) Plan
Data updated 2026-08-11
- $952M
- Total assets
- 16,878
- Participants
- 99th
- Percentile by assets
- $56,389
- Avg per participant
Official DOL plan name: Skywest, Inc. Employees' Retirement Plan · Sponsored by Skywest, Inc. · Utah · Transportation & Warehousing
$952M in assets, 16,878 participants
Skywest, Inc.'s Skywest, Inc. Employees' Retirement Plan reported $952M in total assets and 16,878 participants in its 2022 DOL Form 5500 filing, ranking in the 99th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- 99th percentile by assets (of 139,126 plans)
- #3,808 in Transportation & Warehousing (3,876 peers)
Coverage in Utah
Skywest, Inc. Employees' Retirement Plan covers 16,878 participants in Utah, 29x the typical Utah plan (state average ~592 per filing). Assets: $952M.
- $952M
- total plan assets (2022 EOY)
- 16,878
- covered participants
- 99th
- percentile by assets (of 139,126 plans)
- $56,389
- avg assets per participant
The plan reported a net loss of $257M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs Utah filers
In Utah, the average filing covers about 592 participants across 1,280 plans. Skywest, Inc. Employees' Retirement Plan reports 16,878 participants - 29x that state average ($952M EOY assets).
Utah filing particulars
| Total Assets (Beginning of Year) | $1.2B |
|---|---|
| Net Assets (End of Year) | $952M |
| Net Income | -$257M |
| Employer EIN | 870292166 |
| Plan Effective Date | 1977-04-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Skywest, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 16,878 | $952M |
| 2023 | 1 | 15,411 | $1.2B |
| 2024 | 1 | 14,259 | $1.4B |
Nearby 401(k) Plans in Utah
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Skywest, Inc. Employees' Retirement Plan vs. nearby 401(k) plans in Utah, assets vs. participants
- Deseret 401(k) Plan $4.7B · 23,455
- Intermountain Healthcare Savings Plus 401(k) Plan $3.6B · 42,446
- Zions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership Plan $1.5B · 9,870
- Autoliv Asp, Inc. Employee Savings and Investment Plan $588M · 4,068
- Rio Tinto America Inc. 401(k) Savings Plan and Investment Partnership Plan $517M · 1,480
Scale composition for Skywest, Inc. Employees' Retirement Plan
Skywest, Inc. Employees' Retirement Plan reports $952M in end-of-year assets across 16,878 participants (0.008% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.018% of 93,925,755 covered participants) - about $56,389 per participant (41% of the national average assets-per-participant) . Net income for plan year 2022 was -$257M.
This plan identity (EIN 870292166, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $952M to $1.4B (+49.2%) while covered participants moved from 16,878 to 14,259 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 16,878 | $952M | This page |
| 2023 | 15,411 | $1.2B | Open filing |
| 2024 · index core | 14,259 | $1.4B | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Skywest, Inc. Employees' Retirement Plan (401(k), $1.4B, 14,259 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Skywest, Inc. Employees' Retirement Plan by total assets, not by location.
- Sargent & Lundy Savings Investment Plan (IL) $951M · 2,234
- Eog Resources, Inc. Savings and Retirement Plan (TX) $949M · 2,728
- Bimbo Bakeries USA Savings Plan (PA) $948M · 6,610
- Mckee Foods Retirement Plan (TN) $956M · 6,881
Frequently Asked Questions
How did Skywest, Inc. Employees' Retirement Plan assets move in 2022? ▼
How have Skywest, Inc. plan assets changed over time? ▼
Where does Skywest, Inc. Employees' Retirement Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Skywest, Inc. Employees' Retirement Plan? ▼
Next read for Skywest, Inc. Employees' Retirement Plan
Filing takeaways
Ways to act on Skywest, Inc. Employees' Retirement Plan's numbers.
- By total assets, Skywest, Inc. Employees' Retirement Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Utah. Compare plans
- Skywest, Inc.'s sponsor-wide assets have grown 49.2% since 2022 across 3 plan years on file. More Transportation & Warehousing plans