401(k) · DOL Form 5500 · 2022

Spirit Airlines, Inc. 401(k) Plan

Data updated 2026-08-11

$183M
Total assets
7,133
Participants
95th
Percentile by assets
$25,640
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Spirit Airlines, Inc. Employee Retirement Savings Plan · Sponsored by Spirit Airlines, Inc. · Florida · Transportation & Warehousing

$183M in assets, 7,133 participants

Spirit Airlines, Inc.'s Spirit Airlines, Inc. Employee Retirement Savings Plan reported $183M in total assets and 7,133 participants in its 2022 DOL Form 5500 filing, ranking in the 95th 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.

  • 95th percentile by assets (of 139,126 plans)
  • #3,645 in Transportation & Warehousing (3,876 peers)

Coverage in Florida

Spirit Airlines, Inc. Employee Retirement Savings Plan covers 7,133 participants in Florida, 11x the typical Florida plan (state average ~628 per filing). Assets: $183M.

$183M
total plan assets (2022 EOY)
7,133
covered participants
95th
percentile by assets (of 139,126 plans)
$25,640
avg assets per participant

The plan reported a net loss of $16M 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. Employee Retirement Savings Plan reports 7,133 participants - 11x that state average ($183M EOY assets).

Florida filing particulars

Total Assets (Beginning of Year)$199M
Net Assets (End of Year)$183M
Net Income-$16M
Employer EIN381747023
Plan Effective Date1990-01-01
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. Employee Retirement Savings Plan vs. nearby 401(k) plans in Florida, assets vs. participants

Spirit Airlines, Inc. Employee Retirement Savings Plan vs. nearby 401(k) plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -5051015 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. Employee Retirement Savings Plan vs. nearby 401(k) plans in Florida, assets vs. participants

Scale composition for Spirit Airlines, Inc. Employee Retirement Savings Plan

Spirit Airlines, Inc. Employee Retirement Savings Plan reports $183M in end-of-year assets across 7,133 participants (0.001% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.008% of 93,925,755 covered participants) - about $25,640 per participant (19% of the national average assets-per-participant) . Net income for plan year 2022 was -$16M.

This plan identity (EIN 381747023, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $183M to $296M (+61.7%) while covered participants moved from 7,133 to 9,956 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 7,133 $183M This page
2023 8,571 $242M Open filing
2024 · index core 9,956 $296M Open filing

The same sponsor also keeps 2 other index-core plans on PlainRetire:

Similar-Sized 401(k) Plans Nationally

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

Frequently Asked Questions

How did Spirit Airlines, Inc. Employee Retirement Savings Plan assets move in 2022?
Spirit Airlines, Inc. Employee Retirement Savings Plan pulled back noticeably - down 8.0% during 2022, from $199M to $183M. Reported net income was -$16M.
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. Employee Retirement Savings Plan rank by assets among Form 5500 filers?
Spirit Airlines, Inc. Employee Retirement Savings Plan ranks in the 95th 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. Employee Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Roseburg Forest Products Co. 401(k) Plan in OR ($183M, 1,431 participants).

Next read for Spirit Airlines, Inc. Employee Retiremen…

Filing takeaways

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