401(k) · DOL Form 5500 · 2023

Skywest, Inc. 401(k) Plan

Data updated 2026-08-25

$1.2B
Total assets Very large vs avg
15,411
Participants Very large workforce
99th
Percentile by assets National rank
$77,397
Avg per participant Below avg balance/head
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Official DOL plan name: Skywest, Inc. Employees' Retirement Plan · Sponsored by Skywest, Inc. · Utah · Transportation & Warehousing

$1.2B in assets, 15,411 participants

Skywest, Inc.'s Skywest, Inc. Employees' Retirement Plan reported $1.2B in total assets and 15,411 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.

  • #3,295 in Transportation & Warehousing (3,362 peers)

Coverage in Utah

Skywest, Inc. Employees' Retirement Plan covers 15,411 participants in Utah, 26x the typical Utah plan (state average ~592 per filing). Assets: $1.2B.

#3,295
in Transportation & Warehousing (3,362 peers)
+25.3%
assets growth YoY
12×
vs typical plan assets (national mean)

Skywest, Inc. Employees' Retirement Plan's outsized position by total assets

Skywest, Inc. Employees' Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$1,192,769,515 Top 1% higher than 99% of 127,068 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 2023

Skywest, Inc. Employees' Retirement Plan's mega-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Skywest, Inc. Employees' Retirement Plan is a mega filing (15,411 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Skywest, Inc. Employees' Retirement Plan reported net income rose from -$257M in the plan year 2022 filing to $241M in the plan year 2023 filing.
  • Skywest, Inc. Employees' Retirement Plan end-of-year assets rose from $952M in the plan year 2022 filing to $1.2B in the plan year 2023 filing.
  • Skywest, Inc. Employees' Retirement Plan reported participants fell from 16,878 in the plan year 2022 filing to 15,411 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 870292166 · Skywest, Inc. PY 2023 · 401(k)

Skywest, Inc. Employees' Retirement Plan · $1.2B · 15,411 · 99th

  • IND $1.2B
  • EOY 15,411
  • 5500 99th
  • ASSETS 401(k)
  • PCT near Barrick Retirement Plan
  • EIN ind #3295

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 Utah →

Skywest, Inc. Employees' Retirement Plan in the asset neighbourhood

Skywest, Inc. Employees' Retirement PlanSkywest, Inc. Employees' Ret…$1.2BBarrick Retirement Plan$1.2BPoint32health 401(k) Plan$1.2BRr Donnelley Savings Plan$1.2BDiscount Tire/America's Tire Retirement PlanDiscount Tire/America's Tire…$1.2B
End-of-year total assets ($B) among Skywest, Inc. Employees' Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Utah filing particulars

Total Assets (Beginning of Year)$952M
Net Assets (End of Year)$1.2B
Net Income$241M
Employer EIN870292166
Plan Effective Date1977-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Skywest, Inc.)

Sponsor-wide plan assets over time

All Skywest, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$1.4B 49.206828983848624% vs 2022
2024 filing year
$0.8B$1B$1.2B$1.4B$1.6B 202220232024 $0.95B $1.42B ▲ +49.5%
Year Plans Participants Total Assets
2022 1 16,878 $952M
2023 1 15,411 $1.2B
2024 1 14,259 $1.4B

Nearby 401(k) Plans in Utah

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

Skywest, Inc. Employees' Retirement Plan vs. nearby 401(k) plans in Utah, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 02468 Total assets ($B) Participants Skywest, Inc. Employees' Retirement Plan, Total assets ($B): 1.192769515 · Participants: 15411Skywest, Inc. Employees' Retirement PlanIntermountain Healthcare Savings Plus 401(k) Plan, Total assets ($B): 6.015479 · Participants: 46680Intermountain Healthcare Savings Plus 401(k) PlanDeseret 401(k) Plan, Total assets ($B): 5.481729272 · Participants: 24292Deseret 401(k) PlanZions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership Plan, Total assets ($B): 1.662904822 · Participants: 10088Zions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership PlanAutoliv Asp, Inc. Employee Savings and Investment Plan, Total assets ($B): 0.633594695 · Participants: 4537Autoliv Asp, Inc. Employee Savings and Investment PlanRio Tinto America Inc. 401(k) Savings Plan and Investment Partnership Plan, Total assets ($B): 0.614757495 · Participants: 1802Rio Tinto America Inc. 401(k) Savings Plan and Investment Partnership Plan
Skywest, Inc. Employees' Retirement Plan vs. nearby 401(k) plans in Utah, assets vs. participants

Scale composition for Skywest, Inc. Employees' Retirement Plan

Skywest, Inc. Employees' Retirement Plan reports $1.2B in end-of-year assets across 15,411 participants (0.010% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.016% of 93,925,755 covered participants) - about $77,397 per participant (56% of the national average assets-per-participant) . Net income for plan year 2023 was $241M.

This plan identity (EIN 870292166, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $952M to $1.4B (+49.2%) while covered participants moved from 16,878 to 14,259 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 16,878 $952M Open filing
2023 15,411 $1.2B This page
2024 · index core 14,259 $1.4B Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Skywest, Inc. Employees' Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Utah, the nearest 401(k) by assets is Barrick Retirement Plan in NV ($1.2B); by covered participants it is Chubb US 401(k) Plan in PA (15,407 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.2B here).

Similar participant headcount

Nearest other-state filings by covered participants (15,411 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Skywest, Inc. Employees' Retirement Plan assets move in 2023?
Skywest, Inc. Employees' Retirement Plan grew sharply - up 25.3% during 2023, from $952M to $1.2B. Reported net income was $241M.
How have Skywest, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Skywest, Inc.'s sponsor-wide assets grew 49.2%, from $952M to $1.4B.
Where does Skywest, Inc. Employees' Retirement Plan rank by assets among Form 5500 filers?
Skywest, Inc. Employees' Retirement Plan ranks in the 99th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Skywest, Inc. Employees' Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Barrick Retirement Plan in NV ($1.2B, 6,964 participants).
Which 401(k) plans cover a similar participant headcount to Skywest, Inc. Employees' Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is Chubb US 401(k) Plan in PA (15,407 participants, $4.4B in assets).