401(k) · DOL Form 5500 · 2022

Piedmont Airlines, Inc. 401(k) Plan

Data updated 2026-08-11

$57M
Total assets
1,389
Participants
89th
Percentile by assets
$41,314
Avg per participant
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Official DOL plan name: Piedmont Airlines Inc. 401(k) Savings Plan for Pilots · Sponsored by Piedmont Airlines, Inc. · Maryland · Transportation & Warehousing

$57M in assets, 1,389 participants

Piedmont Airlines, Inc.'s Piedmont Airlines Inc. 401(k) Savings Plan for Pilots reported $57M in total assets and 1,389 participants in its 2022 DOL Form 5500 filing, ranking in the 89th 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.

  • 89th percentile by assets (of 139,126 plans)
  • #3,406 in Transportation & Warehousing (3,876 peers)

Where Piedmont Airlines Inc. 401(k) Savings Plan for Pilots sits by assets

Piedmont Airlines Inc. 401(k) Savings Plan for Pilots sits in the top quartile of all filed plans by assets, $57M for 1,389 participants (~$41,314/participant), down 19.2% in 2022.

$57M
total plan assets (2022 EOY)
1,389
covered participants
89th
percentile by assets (of 139,126 plans)
$41,314
avg assets per participant

The plan reported a net loss of $11M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Piedmont Airlines Inc. 401(k) Savings Plan for Pilots vs the 2022 asset distribution

By assets, Piedmont Airlines Inc. 401(k) Savings Plan for Pilots outranks 89% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.6x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$71M
Net Assets (End of Year)$57M
Net Income-$11M
Employer EIN520970090
Plan Effective Date1994-05-16
Filing StatusFILING RECEIVED

Sponsor Plan History (Piedmont Airlines, Inc.)

$250M$300M$350M$400M$450M 202220232024 $277M $393M ▲ +41.8%
Total plan assets by year, all Piedmont Airlines, Inc. plans on file
Year Plans Participants Total Assets
2022 4 18,239 $277M
2023 4 16,412 $334M
2024 4 20,299 $393M

Nearby 401(k) Plans in Maryland

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

Piedmont Airlines Inc. 401(k) Savings Plan for Pilots vs. nearby 401(k) plans in Maryland, assets vs. participants

Piedmont Airlines Inc. 401(k) Savings Plan for Pilots vs. nearby 401(k) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -1001020304050 Total assets ($B) Participants Piedmont Airlines In…Lockheed Martin Corp…Marriott Retirement …T. Rowe Price U.S. R…Nfl Player Second Ca…Sodexo 401 (K) Emplo…
Piedmont Airlines Inc. 401(k) Savings Plan for Pilots vs. nearby 401(k) plans in Maryland, assets vs. participants

Similar-Sized 401(k) Plans Nationally

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

Frequently Asked Questions

How did Piedmont Airlines Inc. 401(k) Savings Plan for Pilots assets move in 2022?
Piedmont Airlines Inc. 401(k) Savings Plan for Pilots declined sharply - down 19.2% during 2022, from $71M to $57M. Reported net income was -$11M.
How have Piedmont Airlines, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Piedmont Airlines, Inc.'s sponsor-wide assets grew 41.8%, from $277M to $393M.
Where does Piedmont Airlines Inc. 401(k) Savings Plan for Pilots rank by assets among Form 5500 filers?
Piedmont Airlines Inc. 401(k) Savings Plan for Pilots ranks in the 89th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Piedmont Airlines Inc. 401(k) Savings Plan for Pilots?
Among 401(k) plans in other states, the closest by assets is Arka Group, L.P. Retirement Savings Plan in CT ($57M, 529 participants).

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Ways to act on Piedmont Airlines Inc. 401(k) Savings Plan for Pilots's numbers.