Defined Benefit (Pension) · DOL Form 5500 · 2022

Alaska Airlines, Inc. Pension Plan

Data updated 2026-08-11

$246M
Total assets
583
Participants
96th
Percentile by assets
$422,026
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Alaska Airlines, Inc., Retirement Plan for Mechanics & Related Crafts Employees · Sponsored by Alaska Airlines, Inc. · Washington · Transportation & Warehousing

$246M in assets, 583 participants

Alaska Airlines, Inc.'s Alaska Airlines, Inc., Retirement Plan for Mechanics & Related Crafts Employees reported $246M in total assets and 583 participants in its 2022 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 139,126 plans)
  • #3,699 in Transportation & Warehousing (3,876 peers)

Coverage in Washington

Alaska Airlines, Inc., Retirement Plan for Mechanics & Related Crafts Employees covers 583 participants in Washington, about 39% of the average Washington filer (state average ~1,476 per filing). Assets: $246M.

$246M
total plan assets (2022 EOY)
583
covered participants
96th
percentile by assets (of 139,126 plans)
$422,026
avg assets per participant

The plan reported a net loss of $88M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Participants vs Washington filers

In Washington, the average filing covers about 1,476 participants across 2,612 plans. Alaska Airlines, Inc., Retirement Plan for Mechanics & Related Crafts Employees reports 583 participants - about 39% of that state average ($246M EOY assets).

Washington filing particulars

Total Assets (Beginning of Year)$334M
Net Assets (End of Year)$246M
Net Income-$88M
Employer EIN920009235
Plan Effective Date1962-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Alaska Airlines, Inc.)

$5B$6B$7B$8B 202220232024 $5.61B $7.36B ▲ +31.2%
Total plan assets by year, all Alaska Airlines, Inc. plans on file
Year Plans Participants Total Assets
2022 8 20,288 $5.6B
2023 8 22,853 $6.5B
2024 8 22,560 $7.4B

Nearby Defined Benefit (Pension) Plans in Washington

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Alaska Airlines, Inc., Retirement Plan for Mechanics & Related Crafts Employees vs. nearby Defined Benefit (Pension) plans in Washington, assets vs. participants

Alaska Airlines, Inc., Retirement Plan for Mechanics & Related Crafts Employees vs. nearby Defined Benefit (Pension) plans in Washington, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Alaska Airlines, Inc…Western Conference o…The Pension Value Pl…The Boeing Company E…Northwest Carpenters…Locals 302 & 612 of …
Alaska Airlines, Inc., Retirement Plan for Mechanics & Related Crafts Employees vs. nearby Defined Benefit (Pension) plans in Washington, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Alaska Airlines, Inc., Retirement Plan for Mechanics & Related Crafts Employees by total assets, not by location.

Frequently Asked Questions

How did Alaska Airlines, Inc., Retirement Plan for Mechanics & Related Crafts Employees assets move in 2022?
Alaska Airlines, Inc., Retirement Plan for Mechanics & Related Crafts Employees declined sharply - down 26.3% during 2022, from $334M to $246M. Reported net income was -$88M.
How have Alaska Airlines, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Alaska Airlines, Inc.'s sponsor-wide assets grew 31.1%, from $5.6B to $7.4B.
Where does Alaska Airlines, Inc., Retirement Plan for Mechanics & Related Crafts Employees rank by assets among Form 5500 filers?
Alaska Airlines, Inc., Retirement Plan for Mechanics & Related Crafts Employees ranks in the 96th 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 Defined Benefit (Pension) plans are similar in size to Alaska Airlines, Inc., Retirement Plan for Mechanics & Related Crafts Employees?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Asbestos Workers Philadelphia Pension Fund in PA ($246M, 471 participants).

Next read for Alaska Airlines, Inc., Retirement Plan f…

Filing takeaways

Ways to act on Alaska Airlines, Inc., Retirement Plan for Mechanics & Related Crafts Employees's numbers.

  • By total assets, Alaska Airlines, Inc., Retirement Plan for Mechanics & Related Crafts Employees ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Washington. Compare plans
  • Alaska Airlines, Inc.'s sponsor-wide assets have grown 31.1% since 2022 across 3 plan years on file. More Transportation & Warehousing plans