401(k) · DOL Form 5500 · 2023

Spirit Airlines, Inc. 401(k) Plan

Data updated 2026-08-11

$948M
Total assets
3,206
Participants
99th
Percentile by assets
$295,739
Avg per participant
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Official DOL plan name: Spirit Airlines, Inc. Pilots' Retirement Savings Plan · Sponsored by Spirit Airlines, Inc. · Florida · Transportation & Warehousing

$948M in assets, 3,206 participants

Spirit Airlines, Inc.'s Spirit Airlines, Inc. Pilots' Retirement Savings Plan reported $948M in total assets and 3,206 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.

  • 99th percentile by assets (of 127,072 plans)
  • #3,285 in Transportation & Warehousing (3,362 peers)

Coverage in Florida

Spirit Airlines, Inc. Pilots' Retirement Savings Plan covers 3,206 participants in Florida, 5.1x the typical Florida plan (state average ~628 per filing). Assets: $948M.

$948M
total plan assets (2023 EOY)
3,206
covered participants
99th
percentile by assets (of 127,072 plans)
$295,739
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Spirit Airlines, Inc. Pilots' Retirement Savings Plan reported net income rose from -$63M in the plan year 2022 filing to $257M in the plan year 2023 filing.
  • Spirit Airlines, Inc. Pilots' Retirement Savings Plan end-of-year assets rose from $691M in the plan year 2022 filing to $948M in the plan year 2023 filing.
  • Spirit Airlines, Inc. Pilots' Retirement Savings Plan reported participants rose from 2,790 in the plan year 2022 filing to 3,206 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs Florida filers

In Florida, the average filing covers about 628 participants across 6,617 plans. Spirit Airlines, Inc. Pilots' Retirement Savings Plan reports 3,206 participants - 5.1x that state average ($948M EOY assets).

Florida filing particulars

Total Assets (Beginning of Year)$691M
Net Assets (End of Year)$948M
Net Income$257M
Employer EIN381747023
Plan Effective Date1994-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Spirit Airlines, Inc.)

$0.8B$1B$1.2B$1.4B$1.6B 202220232024 $0.87B $1.48B ▲ +70.1%
Total plan assets by year, all Spirit Airlines, Inc. plans on file
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. Pilots' Retirement Savings Plan vs. nearby 401(k) plans in Florida, assets vs. participants

Spirit Airlines, Inc. Pilots' Retirement Savings Plan vs. nearby 401(k) plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 05101520 Total assets ($B) Participants Spirit Airlines, Inc…L3harris Retirement …Savings Plan for Emp…Adp Totalsource Reti…Trinet 401(k) PlanPublix Super Markets…
Spirit Airlines, Inc. Pilots' Retirement Savings Plan vs. nearby 401(k) plans in Florida, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Spirit Airlines, Inc. Pilots' Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Spirit Airlines, Inc. Pilots' Retirement Savings Plan assets move in 2023?
Spirit Airlines, Inc. Pilots' Retirement Savings Plan surged - up 37.2% during 2023, from $691M to $948M. Reported net income was $257M.
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. Pilots' Retirement Savings Plan rank by assets among Form 5500 filers?
Spirit Airlines, Inc. Pilots' Retirement Savings 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 Spirit Airlines, Inc. Pilots' Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Savings and Investment 401(k) Plan of White & Case LLP in NY ($948M, 2,231 participants).

Next read for Spirit Airlines, Inc. Pilots' Retirement…

Filing takeaways

Ways to act on Spirit Airlines, Inc. Pilots' Retirement Savings Plan's numbers.