401(k) · DOL Form 5500 · 2022

Spirit Airlines, Inc. 401(k) Plan

Data updated 2026-08-11

$691M
Total assets
2,790
Participants
98th
Percentile by assets
$247,735
Avg per participant
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Official DOL plan name: Spirit Airlines, Inc. Pilots' Retirement Savings Plan · Sponsored by Spirit Airlines, Inc. · Florida · Transportation & Warehousing

$691M in assets, 2,790 participants

Spirit Airlines, Inc.'s Spirit Airlines, Inc. Pilots' Retirement Savings Plan reported $691M in total assets and 2,790 participants in its 2022 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 139,126 plans)
  • #3,787 in Transportation & Warehousing (3,876 peers)

Coverage in Florida

Spirit Airlines, Inc. Pilots' Retirement Savings Plan covers 2,790 participants in Florida, 4.4x the typical Florida plan (state average ~628 per filing). Assets: $691M.

$691M
total plan assets (2022 EOY)
2,790
covered participants
98th
percentile by assets (of 139,126 plans)
$247,735
avg assets per participant

The plan reported a net loss of $63M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Participants vs Florida filers

In Florida, the average filing covers about 628 participants across 6,617 plans. Spirit Airlines, Inc. Pilots' Retirement Savings Plan reports 2,790 participants - 4.4x that state average ($691M EOY assets).

Florida filing particulars

Total Assets (Beginning of Year)$755M
Net Assets (End of Year)$691M
Net Income-$63M
Employer EIN381747023
Plan Effective Date1994-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Spirit Airlines, Inc.)

$0.8B$1B$1.2B$1.4B$1.6B 202220232024 $0.87B $1.48B ▲ +70.1%
Total plan assets by year, all Spirit Airlines, Inc. plans on file
Year Plans Participants Total Assets
2022 2 9,923 $874M
2023 2 11,777 $1.2B
2024 2 13,477 $1.5B

Nearby 401(k) Plans in Florida

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Spirit Airlines, Inc. Pilots' Retirement Savings Plan vs. nearby 401(k) plans in Florida, assets vs. participants

Spirit Airlines, Inc. Pilots' Retirement Savings Plan vs. nearby 401(k) plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 051015 Total assets ($B) Participants Spirit Airlines, Inc…L3harris Retirement …Savings Plan for Emp…Adp Totalsource Reti…Publix Super Markets…Nextera Energy, Inc.…
Spirit Airlines, Inc. Pilots' Retirement Savings Plan vs. nearby 401(k) plans in Florida, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Spirit Airlines, Inc. Pilots' Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Spirit Airlines, Inc. Pilots' Retirement Savings Plan assets move in 2022?
Spirit Airlines, Inc. Pilots' Retirement Savings Plan pulled back noticeably - down 8.4% during 2022, from $755M to $691M. Reported net income was -$63M.
How have Spirit Airlines, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Spirit Airlines, Inc.'s sponsor-wide assets grew 69.0%, from $874M to $1.5B.
Where does Spirit Airlines, Inc. Pilots' Retirement Savings Plan rank by assets among Form 5500 filers?
Spirit Airlines, Inc. Pilots' Retirement Savings Plan ranks in the 98th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Spirit Airlines, Inc. Pilots' Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Lanxess Corporation Defined Contribution Plan in PA ($691M, 1,836 participants).

Next read for Spirit Airlines, Inc. Pilots' Retirement…

Filing takeaways

Ways to act on Spirit Airlines, Inc. Pilots' Retirement Savings Plan's numbers.