401(k) · DOL Form 5500 · 2023

Spirit Airlines, Inc. 401(k) Plan

Data updated 2026-08-25

$242M
Total assets Near avg plan size
8,571
Participants Very large workforce
95th
Percentile by assets National rank
$28,231
Avg per participant Low balance/head
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Official DOL plan name: Spirit Airlines, Inc. Employee Retirement Savings Plan · Sponsored by Spirit Airlines, Inc. · Florida · Transportation & Warehousing

$242M in assets, 8,571 participants

Spirit Airlines, Inc.'s Spirit Airlines, Inc. Employee Retirement Savings Plan reported $242M in total assets and 8,571 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.

  • #3,152 in Transportation & Warehousing (3,362 peers)

Coverage in Florida

Spirit Airlines, Inc. Employee Retirement Savings Plan covers 8,571 participants in Florida, 14x the typical Florida plan (state average ~628 per filing). Assets: $242M.

#3,152
in Transportation & Warehousing (3,362 peers)
+32.3%
assets growth YoY
2.4×
vs typical plan assets (national mean)

Spirit Airlines, Inc. Employee Retirement Savings Plan's outsized position by total assets

Spirit Airlines, Inc. Employee Retirement Savings Plan vs every filed plan by assets

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

$241,964,197 Top 5% higher than 95% 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

Spirit Airlines, Inc. Employee Retirement Savings Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Spirit Airlines, Inc. Employee Retirement Savings Plan lands in the large band (8,571 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Spirit Airlines, Inc. Employee Retirement Savings Plan reported net income rose from -$16M in the plan year 2022 filing to $59M in the plan year 2023 filing.
  • Spirit Airlines, Inc. Employee Retirement Savings Plan end-of-year assets rose from $183M in the plan year 2022 filing to $242M in the plan year 2023 filing.
  • Spirit Airlines, Inc. Employee Retirement Savings Plan reported participants rose from 7,133 in the plan year 2022 filing to 8,571 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 381747023 · Spirit Airlines, Inc. PY 2023 · 401(k)

Spirit Airlines, Inc. Employee Retirement Savings Plan · $242M · 8,571 · 95th

  • BOY $242M
  • BOY 8,571
  • BOY 95th
  • BOY 401(k)
  • BOY near Rolex Watch U.S.a., Inc. Profit Sharing Plan
  • BOY ind #3152

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 Florida →

Spirit Airlines, Inc. Employee Retirement Savings Plan in the asset neighbourhood

Osi Systems, Inc. 401(k) Savings PlanOsi Systems, Inc. 401(k) Sav…$242MThe Black Box Corporation 401(k) Savings PlanThe Black Box Corporation 40…$242MDrw Trading Group Profit Sharing and Salary Deferral PlanDrw Trading Group Profit Sha…$242MRolex Watch U.S.a., Inc. Profit Sharing PlanRolex Watch U.S.a., Inc. Pro…$242MSpirit Airlines, Inc. Employee Retirement Savings PlanSpirit Airlines, Inc. Employ…$242M
End-of-year total assets ($M) among Spirit Airlines, Inc. Employee Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Florida filing particulars

Total Assets (Beginning of Year)$183M
Net Assets (End of Year)$242M
Net Income$59M
Employer EIN381747023
Plan Effective Date1990-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Spirit Airlines, Inc.)

Sponsor-wide plan assets over time

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

Latest sponsor-wide plan assets
$1.5B 69.02152124460093% vs 2022
2024 filing year
$0.8B$1B$1.2B$1.4B$1.6B 202220232024 $0.87B $1.48B ▲ +70.1%
Year Plans Participants Total Assets
2022 2 9,923 $874M
2023 2 11,777 $1.2B
2024 2 13,477 $1.5B

Nearby 401(k) Plans in Florida

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

Spirit Airlines, Inc. Employee Retirement Savings Plan vs. nearby 401(k) plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -505101520 Total assets ($B) Participants Spirit Airlines, Inc. Employee Retirement Savings Plan, Total assets ($B): 0.241964197 · Participants: 8571Spirit Airlines, Inc. Employee Retirement Savings PlanL3harris Retirement Savings Plan, Total assets ($B): 15.384363901 · Participants: 40665L3harris Retirement Savings PlanSavings Plan for Employees and Partners of Pwc, Total assets ($B): 11.333196569 · Participants: 50817Savings Plan for Employees and Partners of PwcAdp Totalsource Retirement Savings Plan, Total assets ($B): 8.025816173 · Participants: 308867Adp Totalsource Retirement Savings PlanTrinet 401(k) Plan, Total assets ($B): 7.029692551 · Participants: 157945Trinet 401(k) PlanPublix Super Markets, Inc. 401(k) Smart Plan, Total assets ($B): 6.572590596 · Participants: 184674Publix Super Markets, Inc. 401(k) Smart Plan
Spirit Airlines, Inc. Employee Retirement Savings Plan vs. nearby 401(k) plans in Florida, assets vs. participants
Compare Spirit Airlines, Inc. Employee Retirement Savings Plan side-by-side with 3 peers →

Scale composition for Spirit Airlines, Inc. Employee Retirement Savings Plan

Spirit Airlines, Inc. Employee Retirement Savings Plan reports $242M in end-of-year assets across 8,571 participants (0.002% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.009% of 93,925,755 covered participants) - about $28,231 per participant (20% of the national average assets-per-participant) . Net income for plan year 2023 was $59M.

This plan identity (EIN 381747023, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $183M to $296M (+61.7%) while covered participants moved from 7,133 to 9,956 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 7,133 $183M Open filing
2023 8,571 $242M This page
2024 · index core 9,956 $296M Open filing

The same sponsor also keeps 2 other index-core plans on PlainRetire:

Spirit Airlines, Inc. Employee Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Florida, the nearest 401(k) by assets is Rolex Watch U.S.a., Inc. Profit Sharing Plan in NY ($242M); by covered participants it is Racetrac, Inc. 401(k) Plan in GA (8,577 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (8,571 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 Spirit Airlines, Inc. Employee Retirement Savings Plan assets move in 2023? ▼
Spirit Airlines, Inc. Employee Retirement Savings Plan surged - up 32.3% during 2023, from $183M to $242M. Reported net income was $59M.
How have Spirit Airlines, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Spirit Airlines, Inc.'s sponsor-wide assets grew 69.0%, from $874M to $1.5B.
Where does Spirit Airlines, Inc. Employee Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Spirit Airlines, Inc. Employee Retirement Savings Plan ranks in the 95th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Spirit Airlines, Inc. Employee Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Rolex Watch U.S.a., Inc. Profit Sharing Plan in NY ($242M, 584 participants).
Which 401(k) plans cover a similar participant headcount to Spirit Airlines, Inc. Employee Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Racetrac, Inc. 401(k) Plan in GA (8,577 participants, $132M 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 381747023.

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.