Defined Benefit (Pension) · DOL Form 5500 · 2022

Alaska Airlines, Inc. Pension Plan

Data updated 2026-08-25

$246M
Total assets Near avg plan size
583
Participants Below avg headcount
96th
Percentile by assets National rank
$422,026
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

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.

  • #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.

#3,699
in Transportation & Warehousing (3,876 peers)
-26.3%
assets change YoY
2.5×
vs typical plan assets (national mean)

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.

Alaska Airlines, Inc., Retirement Plan for Mechanics & Related Crafts Employees's outsized position by total assets

Alaska Airlines, Inc., Retirement Plan for Mechanics & Related Crafts Employees vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$246,041,381 Top 4% higher than 96% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Alaska Airlines, Inc., Retirement Plan for Mechanics & Related Crafts Employees among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Alaska Airlines, Inc., Retirement Plan for Mechanics & Related Crafts Employees sits mid-pack in the medium band (583 participants).

EBSA filing schedule strip

Filing strip 920009235 · Alaska Airlines, Inc. PY 2022 · Defined Benefit (Pension)

Alaska Airlines, Inc., Retirement Plan for Mechanics & Related Crafts Employees · $246M · 583 · 96th

  • ASSETS $246M
  • ASSETS 583
  • ASSETS 96th
  • ASSETS Defined Benefit (Pension)
  • ASSETS near Asbestos Workers Philadelphia Pension Fund
  • ASSETS ind #3699

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 Washington →

Alaska Airlines, Inc., Retirement Plan for Mechanics & Related Crafts Employees in the asset neighbourhood

Asbestos Workers Philadelphia Pension FundAsbestos Workers Philadelphi…$246MAlaska Airlines, Inc., Retirement Plan for Mechanics & Related Crafts EmployeesAlaska Airlines, Inc., Retir…$246MPackaging Corporation of America Pension Plan for Eligible Grandfathered Salaried EmployeesPackaging Corporation of Ame…$246MThe Nielsen Company Retirement PlanThe Nielsen Company Retireme…$246MPerkinelmer, Inc. Employees Retirement PlanPerkinelmer, Inc. Employees …$246M
End-of-year total assets ($M) among Alaska Airlines, Inc., Retirement Plan for Mechanics & Related Crafts Employees and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

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.)

Sponsor-wide plan assets over time

All Alaska Airlines, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$7.4B 31.142564552489677% vs 2022
2024 filing year
$5B$6B$7B$8B 202220232024 $5.61B $7.36B ▲ +31.2%
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 Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Alaska Airlines, Inc., Retirement Plan for Mechanics & Related Crafts Employees, Total assets ($B): 0.246041381 · Participants: 583Alaska Airlines, Inc., Retirement Plan for Mechanics & Related Crafts EmployeesWestern Conference of Teamsters Pension Plan, Total assets ($B): 53.719854718 · Participants: 226505Western Conference of Teamsters Pension PlanThe Pension Value Plan for Employees of the Boeing Company, Total assets ($B): 25.232670781 · Participants: 34042The Pension Value Plan for Employees of the Boeing CompanyThe Boeing Company Employee Retirement Plan, Total assets ($B): 17.057699432 · Participants: 34972The Boeing Company Employee Retirement PlanNorthwest Carpenters Retirement Plan, Total assets ($B): 2.972366874 · Participants: 15284Northwest Carpenters Retirement PlanLocals 302 & 612 of the Iuoe - Employers Construction Industry Retirement Plan, Total assets ($B): 2.815845616 · Participants: 8083Locals 302 & 612 of the Iuoe - Employers Construction Industry Retirement Plan
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's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Washington, the nearest Defined Benefit (Pension) by assets is Asbestos Workers Philadelphia Pension Fund in PA ($246M); by covered participants it is Denso Pension Plan in MI (582 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (583 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

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).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Alaska Airlines, Inc., Retirement Plan for Mechanics & Related Crafts Employees? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Denso Pension Plan in MI (582 participants, $221M in assets).