401(k) · DOL Form 5500 · 2023

Piedmont Airlines, Inc. 401(k) Plan

Data updated 2026-08-11

$191M
Total assets
14,678
Participants
95th
Percentile by assets
$13,004
Avg per participant
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Official DOL plan name: Piedmont Airlines Inc. Employee Savings Plan · Sponsored by Piedmont Airlines, Inc. · Maryland · Transportation & Warehousing

$191M in assets, 14,678 participants

Piedmont Airlines, Inc.'s Piedmont Airlines Inc. Employee Savings Plan reported $191M in total assets and 14,678 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.

  • 95th percentile by assets (of 127,072 plans)
  • #3,130 in Transportation & Warehousing (3,362 peers)

Coverage in Maryland

Piedmont Airlines Inc. Employee Savings Plan covers 14,678 participants in Maryland, 16x the typical Maryland plan (state average ~929 per filing). Assets: $191M.

$191M
total plan assets (2023 EOY)
14,678
covered participants
95th
percentile by assets (of 127,072 plans)
$13,004
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Piedmont Airlines Inc. Employee Savings Plan reported net income rose from -$35M in the plan year 2022 filing to $37M in the plan year 2023 filing.
  • Piedmont Airlines Inc. Employee Savings Plan end-of-year assets rose from $154M in the plan year 2022 filing to $191M in the plan year 2023 filing.
  • Piedmont Airlines Inc. Employee Savings Plan reported participants fell from 16,569 in the plan year 2022 filing to 14,678 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs Maryland filers

In Maryland, the average filing covers about 929 participants across 2,484 plans. Piedmont Airlines Inc. Employee Savings Plan reports 14,678 participants - 16x that state average ($191M EOY assets).

Maryland filing particulars

Total Assets (Beginning of Year)$154M
Net Assets (End of Year)$191M
Net Income$37M
Employer EIN520970090
Plan Effective Date1994-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Piedmont Airlines, Inc.)

$250M$300M$350M$400M$450M 202220232024 $277M $393M ▲ +41.8%
Total plan assets by year, all Piedmont Airlines, Inc. plans on file
Year Plans Participants Total Assets
2022 4 18,239 $277M
2023 4 16,412 $334M
2024 4 20,299 $393M

Nearby 401(k) Plans in Maryland

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

Piedmont Airlines Inc. Employee Savings Plan vs. nearby 401(k) plans in Maryland, assets vs. participants

Piedmont Airlines Inc. Employee Savings Plan vs. nearby 401(k) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Piedmont Airlines In…Lockheed Martin Corp…Marriott Retirement …T. Rowe Price U.S. R…Nfl Player Second Ca…Sodexo 401 (K) Emplo…
Piedmont Airlines Inc. Employee Savings Plan vs. nearby 401(k) plans in Maryland, assets vs. participants

Scale composition for Piedmont Airlines Inc. Employee Savings Plan

Piedmont Airlines Inc. Employee Savings Plan reports $191M in end-of-year assets across 14,678 participants (0.002% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.016% of 93,925,755 covered participants) - about $13,004 per participant (9% of the national average assets-per-participant) . Net income for plan year 2023 was $37M.

This plan identity (EIN 520970090, plan #003) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $154M to $225M (+46.0%) while covered participants moved from 16,569 to 18,434 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 16,569 $154M Open filing
2023 14,678 $191M This page
2024 · index core 18,434 $225M Open filing

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

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Piedmont Airlines Inc. Employee Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Piedmont Airlines Inc. Employee Savings Plan assets move in 2023?
Piedmont Airlines Inc. Employee Savings Plan grew sharply - up 23.5% during 2023, from $154M to $191M. Reported net income was $37M.
How have Piedmont Airlines, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Piedmont Airlines, Inc.'s sponsor-wide assets grew 41.8%, from $277M to $393M.
Where does Piedmont Airlines Inc. Employee Savings Plan rank by assets among Form 5500 filers?
Piedmont Airlines Inc. Employee 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 Piedmont Airlines Inc. Employee Savings Plan?
Among 401(k) plans in other states, the closest by assets is Wayne J. Griffin Electric, Inc. Retirement Savings Plan in MA ($191M, 1,355 participants).

Next read for Piedmont Airlines Inc. Employee Savings …

Filing takeaways

Ways to act on Piedmont Airlines Inc. Employee Savings Plan's numbers.