Defined Benefit (Pension) · DOL Form 5500 · 2023

Alaska Airlines, Inc. Pension Plan

Data updated 2026-08-25

$269M
Total assets Near avg plan size
557
Participants Below avg headcount
96th
Percentile by assets National rank
$482,852
Avg per participant High balance/head
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Official DOL plan name: Alaska Airlines, Inc., Retirement Plan for Mechanics & Related Crafts Employees · Sponsored by Alaska Airlines, Inc. · Washington · Transportation & Warehousing

$269M in assets, 557 participants

Alaska Airlines, Inc.'s Alaska Airlines, Inc., Retirement Plan for Mechanics & Related Crafts Employees reported $269M in total assets and 557 participants in its 2023 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.

  • #3,171 in Transportation & Warehousing (3,362 peers)

Coverage in Washington

Alaska Airlines, Inc., Retirement Plan for Mechanics & Related Crafts Employees covers 557 participants in Washington, about 38% of the average Washington filer (state average ~1,476 per filing). Assets: $269M.

#3,171
in Transportation & Warehousing (3,362 peers)
+9.3%
assets growth YoY
2.7×
vs typical plan assets (national mean)

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 2023 · DOL Form 5500

$268,948,298 Top 4% higher than 96% 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

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

Plan-year 2023 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 (557 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Alaska Airlines, Inc., Retirement Plan for Mechanics & Related Crafts Employees reported net income rose from -$88M in the plan year 2022 filing to $23M in the plan year 2023 filing.
  • Alaska Airlines, Inc., Retirement Plan for Mechanics & Related Crafts Employees end-of-year assets rose from $246M in the plan year 2022 filing to $269M in the plan year 2023 filing.
  • Alaska Airlines, Inc., Retirement Plan for Mechanics & Related Crafts Employees reported participants fell from 583 in the plan year 2022 filing to 557 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 920009235 · Alaska Airlines, Inc. PY 2023 · Defined Benefit (Pension)

Alaska Airlines, Inc., Retirement Plan for Mechanics & Related Crafts Employees · $269M · 557 · 96th

  • BOOK $269M
  • VS-ST 557
  • BOY 96th
  • SCH Defined Benefit (Pension)
  • EBSA near Oakwood Healthcare, Inc. Cash Balance Plan
  • PART ind #3171

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

Jacobs Consolidated Pension PlanJacobs Consolidated Pension …$269MPanasonic Pension Plan$269MAlaska Airlines, Inc., Retirement Plan for Mechanics & Related Crafts EmployeesAlaska Airlines, Inc., Retir…$269MOakwood Healthcare, Inc. Cash Balance PlanOakwood Healthcare, Inc. Cas…$269MEntergy Corporation Retirement Plan II for Bargaining EmployeesEntergy Corporation Retireme…$269M
End-of-year total assets ($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 2023.

Washington filing particulars

Total Assets (Beginning of Year)$246M
Net Assets (End of Year)$269M
Net Income$23M
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. -1000000100000200000300000 -20020406080 Total assets ($B) Participants Alaska Airlines, Inc., Retirement Plan for Mechanics & Related Crafts Employees, Total assets ($B): 0.268948298 · Participants: 557Alaska Airlines, Inc., Retirement Plan for Mechanics & Related Crafts EmployeesWestern Conference of Teamsters Pension Plan, Total assets ($B): 57.387332732 · Participants: 229511Western Conference of Teamsters Pension PlanThe Pension Value Plan for Employees of the Boeing Company, Total assets ($B): 25.042153263 · Participants: 31566The Pension Value Plan for Employees of the Boeing CompanyThe Boeing Company Employee Retirement Plan, Total assets ($B): 16.333139549 · Participants: 32477The Boeing Company Employee Retirement PlanNorthwest Carpenters Retirement Plan, Total assets ($B): 3.287308621 · Participants: 15892Northwest Carpenters Retirement PlanLocals 302 & 612 of the Iuoe - Employers Construction Industry Retirement Plan, Total assets ($B): 3.066446219 · Participants: 8339Locals 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 Oakwood Healthcare, Inc. Cash Balance Plan in MI ($269M); by covered participants it is Sappi North America, Inc. Central Mills Employees' Retirement Plan in MA (556 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($269M here).

Similar participant headcount

Nearest other-state filings by covered participants (557 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 Alaska Airlines, Inc., Retirement Plan for Mechanics & Related Crafts Employees assets move in 2023? ▼
Alaska Airlines, Inc., Retirement Plan for Mechanics & Related Crafts Employees grew at a solid clip - up 9.3% during 2023, from $246M to $269M. Reported net income was $23M.
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 127,072 plans that reported assets for plan year 2023 (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 Oakwood Healthcare, Inc. Cash Balance Plan in MI ($269M, 2,052 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 Sappi North America, Inc. Central Mills Employees' Retirement Plan in MA (556 participants, $73M in assets).