Defined Benefit (Pension) · DOL Form 5500 · 2023

Southwest Airlines Federal Credit Union Pension Plan

Data updated 2026-08-25

$30M
Total assets Below avg plan size
90
Participants Small participant base
79th
Percentile by assets National rank
$335,479
Avg per participant High balance/head
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Official DOL plan name: Southwest Airlines Federal Credit Union Pension Plan · Sponsored by Southwest Airlines Federal Credit Union · Texas · Finance & Insurance

$30M in assets, 90 participants

Southwest Airlines Federal Credit Union's Southwest Airlines Federal Credit Union Pension Plan reported $30M in total assets and 90 participants in its 2023 DOL Form 5500 filing, ranking in the 79th 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.

  • #6,060 in Finance & Insurance (8,869 peers)

Where Southwest Airlines Federal Credit Union Pension Plan sits by assets

Southwest Airlines Federal Credit Union Pension Plan sits in the top quartile of all filed plans by assets, $30M for 90 participants (~$335,479/participant), up 13.7% in 2023.

#6,060
in Finance & Insurance (8,869 peers)
+13.7%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Southwest Airlines Federal Credit Union Pension Plan's outsized position by total assets

Southwest Airlines Federal Credit Union Pension Plan vs every filed plan by assets

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

$30,193,095 Top 21% higher than 79% 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

Southwest Airlines Federal Credit Union Pension Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Southwest Airlines Federal Credit Union Pension Plan is a small filing (90 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Southwest Airlines Federal Credit Union Pension Plan reported net income rose from -$5M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Southwest Airlines Federal Credit Union Pension Plan end-of-year assets rose from $27M in the plan year 2022 filing to $30M in the plan year 2023 filing.
  • Southwest Airlines Federal Credit Union Pension Plan reported participants rose from 89 in the plan year 2022 filing to 90 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 751486899 · Southwest Airlines Federal Credit Union PY 2023 · Defined Benefit (Pension)

Southwest Airlines Federal Credit Union Pension Plan · $30M · 90 · 79th

  • BOOK $30M
  • BOOK 90
  • BOOK 79th
  • BOOK Defined Benefit (Pension)
  • BOOK near Buchalter Cash Balance Pension Plan
  • BOOK ind #6060

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 Finance & Insurance retirement plans → · Plans in Texas →

Southwest Airlines Federal Credit Union Pension Plan in the asset neighbourhood

Electralloy Salaried Employees Pension PlanElectralloy Salaried Employe…$30MSouthwest Airlines Federal Credit Union Pension PlanSouthwest Airlines Federal C…$30MBuchalter Cash Balance Pension PlanBuchalter Cash Balance Pensi…$30MExplorer Pipeline Company Retirement PlanExplorer Pipeline Company Re…$30MApartment Employees' Pension TrustApartment Employees' Pension…$30M
End-of-year total assets ($M) among Southwest Airlines Federal Credit Union Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$27M
Net Assets (End of Year)$30M
Net Income$4M
Employer EIN751486899
Plan Effective Date2004-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Southwest Airlines Federal Credit Union)

Sponsor-wide plan assets over time

All Southwest Airlines Federal Credit Union plans reported in each filing year

Latest sponsor-wide plan assets
$44M 28.022902176232673% vs 2022
2024 filing year
$30M$35M$40M$45M$50M 202220232024 $34.6M $44.3M ▲ +28.0%
Year Plans Participants Total Assets
2022 2 186 $35M
2023 2 190 $39M
2024 2 217 $44M

Nearby Defined Benefit (Pension) Plans in Texas

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

Southwest Airlines Federal Credit Union Pension Plan vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants Southwest Airlines Federal Credit Union Pension Plan, Total assets ($B): 0.030193095 · Participants: 90Southwest Airlines Federal Credit Union Pension PlanAT&T Pension Benefit Plan, Total assets ($B): 30.018512 · Participants: 107859AT&T Pension Benefit PlanShell Pension Plan, Total assets ($B): 15.133347097 · Participants: 12215Shell Pension PlanExxonmobil Pension Plan, Total assets ($B): 12.015 · Participants: 22551Exxonmobil Pension PlanCaterpillar Inc. Retirement Income Plan, Total assets ($B): 9.803014695 · Participants: 12138Caterpillar Inc. Retirement Income PlanBp Retirement Accumulation Plan, Total assets ($B): 5.493677099 · Participants: 9360Bp Retirement Accumulation Plan
Southwest Airlines Federal Credit Union Pension Plan vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants
Compare Southwest Airlines Federal Credit Union Pension Plan side-by-side with 3 peers →

Southwest Airlines Federal Credit Union Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Texas, the nearest Defined Benefit (Pension) by assets is Buchalter Cash Balance Pension Plan in CA ($30M); by covered participants it is Caspari, Inc. Defined Benefit Pension Plan in CT (90 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($30M here).

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 Southwest Airlines Federal Credit Union Pension Plan assets move in 2023? ▼
Southwest Airlines Federal Credit Union Pension Plan grew at a solid clip - up 13.7% during 2023, from $27M to $30M. Reported net income was $4M.
How have Southwest Airlines Federal Credit Union plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Southwest Airlines Federal Credit Union's sponsor-wide assets grew 28.0%, from $35M to $44M.
Where does Southwest Airlines Federal Credit Union Pension Plan rank by assets among Form 5500 filers? ▼
Southwest Airlines Federal Credit Union Pension Plan ranks in the 79th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Southwest Airlines Federal Credit Union Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Buchalter Cash Balance Pension Plan in CA ($30M, 117 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Southwest Airlines Federal Credit Union Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Caspari, Inc. Defined Benefit Pension Plan in CT (90 participants, $13M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 751486899.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.