Profit Sharing · DOL Form 5500 · 2022
Southwest Airlines Co. Profit Sharing Plan
Data updated 2026-08-25
- $5.3B
- Total assets Very large vs avg
- 60,454
- Participants Very large workforce
- 100th
- Percentile by assets National rank
- $87,474
- Avg per participant Below avg balance/head
Official DOL plan name: Southwest Airlines Co. Profitsharing Plan · Sponsored by Southwest Airlines Co. · Texas · Transportation & Warehousing
$5.3B in assets, 60,454 participants
Southwest Airlines Co.'s Southwest Airlines Co. Profitsharing Plan reported $5.3B in total assets and 60,454 participants in its 2022 DOL Form 5500 filing, ranking in the 100th 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.
- #3,859 in Transportation & Warehousing (3,876 peers)
Coverage in Texas
Southwest Airlines Co. Profitsharing Plan covers 60,454 participants in Texas, 88x the typical Texas plan (state average ~688 per filing). Assets: $5.3B.
- #3,859
- in Transportation & Warehousing (3,876 peers)
- -20.8%
- assets change YoY
- 53×
- vs typical plan assets (national mean)
The plan reported a net loss of $1.4B for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Southwest Airlines Co. Profitsharing Plan's outsized position by total assets
Southwest Airlines Co. Profitsharing Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$5,288,170,498 Highest reported value at or above every one of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Southwest Airlines Co. Profitsharing 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. Southwest Airlines Co. Profitsharing Plan is a mega filing (60,454 participants), the rightmost band on the breakdown.
DOL schedule card
Filing strip 741563240 · Southwest Airlines Co. PY 2022 · Profit Sharing
Southwest Airlines Co. Profitsharing Plan · $5.3B · 60,454 · 100th
- BOOK $5.3B
- VS-ST 60,454
- BOY 100th
- SCH Profit Sharing
- EBSA near Motion Picture Industry Individual Account Plan
- PART ind #3859
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 Texas →
Southwest Airlines Co. Profitsharing Plan in the asset neighbourhood
Texas filing particulars
| Total Assets (Beginning of Year) | $6.7B |
|---|---|
| Net Assets (End of Year) | $5.3B |
| Net Income | -$1.4B |
| Employer EIN | 741563240 |
| Plan Effective Date | 1973-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Southwest Airlines Co.)
Sponsor-wide plan assets over time
All Southwest Airlines Co. plans reported in each filing year
- Latest sponsor-wide plan assets
- $28.7B 37.33380234491332% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 120,230 | $20.9B |
| 2023 | 3 | 141,844 | $24.8B |
| 2024 | 4 | 168,461 | $28.7B |
Nearby Profit Sharing Plans in Texas
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
- Baylor College of Medicine Retirement Plan $1.4B · 9,875
- H-E-B Partner Stock Plan $1.0B · 71,666
- The Defined Contribution Plan of the Methodist Hospital $752M · 27,959
- Maritime Association - I.L.a. Retirement Fund $743M · 3,941
- American Heart Association, Inc. Qualified Retirement Plan $383M · 2,793
Scale composition for Southwest Airlines Co. Profitsharing Plan
Southwest Airlines Co. Profitsharing Plan reports $5.3B in end-of-year assets across 60,454 participants (0.043% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.064% of 93,925,755 covered participants) - about $87,474 per participant (63% of the national average assets-per-participant) . Net income for plan year 2022 was -$1.4B.
This plan identity (EIN 741563240, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 while covered participants moved from 60,454 to 79,787 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 60,454 | $5.3B | This page |
| 2023 | 71,461 | $5.8B | Open filing |
| 2024 | 79,787 | N/A | Open filing |
The same sponsor also keeps 3 other index-core plans on PlainRetire:
- Southwest Airlines Co. Retirement Savings Plan (401(k), $17.0B, 67,820 participants)
- Southwest Airlines Pilots Retirement Savings Plan (401(k), $11.6B, 11,242 participants)
- Southwest Airlines Market-Based Cash Balance Plan (Defined Benefit (Pension), $41M, 9,612 participants)
Southwest Airlines Co. Profitsharing Plan's out-of-state Profit Sharing peers by assets and headcount
Outside Texas, the nearest Profit Sharing by assets is Motion Picture Industry Individual Account Plan in CA ($5.6B); by covered participants it is SEIU 775 Secure Retirement Plan in WA (73,362 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($5.3B here).
- Motion Picture Industry Individual Account Plan (CA) $5.6B · 67,173
- Scpmg Keogh Plan (CA) $5.6B · 9,727
- Emory University Retirement Plan (GA) $4.2B · 18,872
- Retirement Wealth Builder Plan of Pricewaterhousecoopers LLP (FL) $4.1B · 44,915
Similar participant headcount
Nearest other-state filings by covered participants (60,454 participants); asset peers above are excluded.
- SEIU 775 Secure Retirement Plan (WA) 73,362 · 12,908 off
- Cleveland Clinic Investment Pension Plan (OH) 46,417 · 14,037 off
- Consolidated 403(b) Program of Mass General Brigham and Member Organizations (MA) 74,556 · 14,102 off
- Southwest Carpenters Annuity Fund (CA) 45,399 · 15,055 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.