401(k) · DOL Form 5500 · 2022

Skywest, Inc. 401(k) Plan

Data updated 2026-08-25

$952M
Total assets Above avg plan size
16,878
Participants Very large workforce
99th
Percentile by assets National rank
$56,389
Avg per participant Low balance/head
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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.

  • #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.

#3,808
in Transportation & Warehousing (3,876 peers)
-21.2%
assets change YoY
9.5×
vs typical plan assets (national mean)

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.

Skywest, Inc. Employees' Retirement Plan's outsized position by total assets

Skywest, Inc. Employees' Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$951,734,159 Top 1% higher than 99% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Skywest, Inc. Employees' Retirement Plan's mega-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Skywest, Inc. Employees' Retirement Plan is a mega filing (16,878 participants), the rightmost band on the breakdown.

Published 5500 schedule card

Filing strip 870292166 · Skywest, Inc. PY 2022 · 401(k)

Skywest, Inc. Employees' Retirement Plan · $952M · 16,878 · 99th

  • RANK $952M
  • RANK 16,878
  • RANK 99th
  • RANK 401(k)
  • RANK near Sargent & Lundy Savings Investment Plan
  • RANK ind #3808

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Transportation & Warehousing retirement plans → · Plans in Utah →

Skywest, Inc. Employees' Retirement Plan in the asset neighbourhood

Mckee Foods Retirement Plan$956MSkywest, Inc. Employees' Retirement PlanSkywest, Inc. Employees' Ret…$952MSargent & Lundy Savings Investment PlanSargent & Lundy Savings Inve…$951MEog Resources, Inc. Savings and Retirement PlanEog Resources, Inc. Savings …$949MBimbo Bakeries USA Savings PlanBimbo Bakeries USA Savings P…$948M
End-of-year total assets ($M) among Skywest, Inc. Employees' Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Utah filing particulars

Total Assets (Beginning of Year)$1.2B
Net Assets (End of Year)$952M
Net Income-$257M
Employer EIN870292166
Plan Effective Date1977-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Skywest, Inc.)

Sponsor-wide plan assets over time

All Skywest, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$1.4B 49.206828983848624% vs 2022
2024 filing year
$0.8B$1B$1.2B$1.4B$1.6B 202220232024 $0.95B $1.42B ▲ +49.5%
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 Scatter plot of 6 data points. -1000001000020000300004000050000 012345 Total assets ($B) Participants Skywest, Inc. Employees' Retirement Plan, Total assets ($B): 0.951734159 · Participants: 16878Skywest, Inc. Employees' Retirement PlanDeseret 401(k) Plan, Total assets ($B): 4.66432779 · Participants: 23455Deseret 401(k) PlanIntermountain Healthcare Savings Plus 401(k) Plan, Total assets ($B): 3.594057 · Participants: 42446Intermountain Healthcare Savings Plus 401(k) PlanZions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership Plan, Total assets ($B): 1.478809721 · Participants: 9870Zions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership PlanAutoliv Asp, Inc. Employee Savings and Investment Plan, Total assets ($B): 0.588382505 · Participants: 4068Autoliv Asp, Inc. Employee Savings and Investment PlanRio Tinto America Inc. 401(k) Savings Plan and Investment Partnership Plan, Total assets ($B): 0.516512346 · Participants: 1480Rio Tinto America Inc. 401(k) Savings Plan and Investment Partnership Plan
Skywest, Inc. Employees' Retirement Plan vs. nearby 401(k) plans in Utah, assets vs. participants

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's out-of-state 401(k) peers by assets and headcount

Outside Utah, the nearest 401(k) by assets is Sargent & Lundy Savings Investment Plan in IL ($951M); by covered participants it is Teamhealth 401(k) Plan in TN (16,899 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($952M here).

Similar participant headcount

Nearest other-state filings by covered participants (16,878 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Skywest, Inc. Employees' Retirement Plan assets move in 2022? ▼
Skywest, Inc. Employees' Retirement Plan declined sharply - down 21.2% during 2022, from $1.2B to $952M. Reported net income was -$257M.
How have Skywest, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Skywest, Inc.'s sponsor-wide assets grew 49.2%, from $952M to $1.4B.
Where does Skywest, Inc. Employees' Retirement Plan rank by assets among Form 5500 filers? ▼
Skywest, Inc. Employees' Retirement Plan ranks in the 99th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Skywest, Inc. Employees' Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Sargent & Lundy Savings Investment Plan in IL ($951M, 2,234 participants).
Which 401(k) plans cover a similar participant headcount to Skywest, Inc. Employees' Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Teamhealth 401(k) Plan in TN (16,899 participants, $1.3B in assets).