401(k) · DOL Form 5500 · 2023

Kalitta Air, LLC 401(k) Plan

Data updated 2026-08-11

$265M
Total assets: 2,911
Participants: 96th
Percentile by assets: $91,058
Avg per participant

Official DOL plan name: Kalitta Companies 401(k) Savings Plan · Sponsored by Kalitta Air, LLC · Michigan · Transportation & Warehousing

$265M in assets, 2,911 participants

Kalitta Air, LLC's Kalitta Companies 401(k) Savings Plan reported $265M in total assets and 2,911 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.

96th percentile by assets (of 127,072 plans)
#3,170 in Transportation & Warehousing (3,362 peers)

Coverage in Michigan

Kalitta Companies 401(k) Savings Plan covers 2,911 participants in Michigan, 4.6x the typical Michigan plan (state average ~638 per filing). Assets: $265M.

$265M
total plan assets (2023 EOY): 2,911
covered participants: 96th
percentile by assets (of 127,072 plans): $91,058
avg assets per participant

Kalitta Companies 401(k) Savings Plan reported net income rose from -$22M in the plan year 2022 filing to $68M in the plan year 2023 filing.
Kalitta Companies 401(k) Savings Plan end-of-year assets rose from $197M in the plan year 2022 filing to $265M in the plan year 2023 filing.
Kalitta Companies 401(k) Savings Plan reported participants rose from 2,620 in the plan year 2022 filing to 2,911 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Michigan

Industry

Transportation & Warehousing

Participants vs Michigan filers

In Michigan, the average filing covers about 638 participants across 4,220 plans. Kalitta Companies 401(k) Savings Plan reports 2,911 participants - 4.6x that state average ($265M EOY assets).

Michigan filing particulars

Total Assets (Beginning of Year)	$197M
Net Assets (End of Year)	$265M
Net Income	$68M
Employer EIN	383512795
Plan Effective Date	2011-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Kalitta Air, LLC)

Total plan assets by year, all Kalitta Air, LLC plans on file

Year	Plans	Participants	Total Assets
2022	1	2,620	$197M
2023	1	2,911	$265M
2024	1	3,192	$341M

Nearby 401(k) Plans in Michigan

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

Kalitta Companies 401(k) Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

General Motors Retirement Savings Plan for Salaried Employees in the United States $20.4B · 47,299
Ford Motor Co. Savings and Stock Investment Plan for Salaried Employees $15.6B · 30,516
The Dow Chemical Company Employees' Savings Plan $10.1B · 18,088
The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States $8.6B · 40,393
Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees $7.6B · 59,195

Compare Kalitta Companies 401(k) Savings Plan side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Kalitta Companies 401(k) Savings Plan by total assets, not by location.

Qiagen 401(k) Plan (MD) $265M · 1,221
Ameris Bancorp 401(k) Profit Sharing Plan (GA) $265M · 2,822
Robinson & Cole Savings Plan (CT) $265M · 375
Prospect Medical Retirement Savings Plan B (CA) $265M · 6,301

Frequently Asked Questions

How did Kalitta Companies 401(k) Savings Plan assets move in 2023? ▼

Kalitta Companies 401(k) Savings Plan surged - up 34.4% during 2023, from $197M to $265M. Reported net income was $68M.

How have Kalitta Air, LLC plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Kalitta Air, LLC's sponsor-wide assets grew 72.8%, from $197M to $341M.

Where does Kalitta Companies 401(k) Savings Plan rank by assets among Form 5500 filers? ▼

Kalitta Companies 401(k) Savings Plan 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 401(k) plans are similar in size to Kalitta Companies 401(k) Savings Plan? ▼

Among 401(k) plans in other states, the closest by assets is Qiagen 401(k) Plan in MD ($265M, 1,221 participants).

Next read for Kalitta Companies 401(k) Savings Plan

Filing takeaways

Ways to act on Kalitta Companies 401(k) Savings Plan's numbers.

By total assets, Kalitta Companies 401(k) Savings Plan ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Michigan. Compare plans
Kalitta Air, LLC's sponsor-wide assets have grown 72.8% since 2022 across 3 plan years on file. More Transportation & Warehousing plans

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 383512795.