401(k) · DOL Form 5500 · 2023

Avelo Airlines, Inc. 401(k) Plan

Data updated 2026-08-25

$9M
Total assets Small plan by assets
558
Participants Below avg headcount
57th
Percentile by assets National rank
$16,880
Avg per participant Low balance/head
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Official DOL plan name: Avelo Airlines 401(k) Plan · Sponsored by Avelo Airlines, Inc. · Texas · Wholesale Trade

$9M in assets, 558 participants

Avelo Airlines, Inc.'s Avelo Airlines 401(k) Plan reported $9M in total assets and 558 participants in its 2023 DOL Form 5500 filing, ranking in the 57th 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.

  • #3,089 in Wholesale Trade (6,309 peers)

Avelo Airlines, Inc. multi-year trail

Avelo Airlines, Inc.'s plans moved +309.1% in assets from 2022 to 2024; this filing shows Avelo Airlines 401(k) Plan at $9M / 558 participants.

#3,089
in Wholesale Trade (6,309 peers)
+93.3%
assets growth YoY

Avelo Airlines 401(k) Plan's mid-pack asset rank among Wholesale Trade and all filers

Avelo Airlines 401(k) Plan vs every filed plan by assets

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

$9,418,807 Top 43% higher than 57% 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

Avelo Airlines 401(k) Plan 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. Avelo Airlines 401(k) Plan sits mid-pack in the medium band (558 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Avelo Airlines 401(k) Plan reported net income rose from $2M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Avelo Airlines 401(k) Plan end-of-year assets rose from $5M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • Avelo Airlines 401(k) Plan reported participants rose from 300 in the plan year 2022 filing to 558 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 911387913 · Avelo Airlines, Inc. PY 2023 · 401(k)

Avelo Airlines 401(k) Plan · $9M · 558 · 57th

  • RANK $9M
  • PHOTO 558
  • IND 57th
  • EOY 401(k)
  • 5500 near Ls Building Products 401(k) Plan
  • ASSETS ind #3089

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 Wholesale Trade retirement plans → · Plans in Texas →

Avelo Airlines 401(k) Plan in the asset neighbourhood

Avelo Airlines 401(k) Plan$9MLs Building Products 401(k) PlanLs Building Products 401(k) …$9MMolle Automotive 401(k) Plan$9MFnbt Bancshares, Perry, Ok, Inc. 401(k) Employee Stock Ownership PlanFnbt Bancshares, Perry, Ok, …$9MCogito Corporation, Inc. 401(k) Retirement PlanCogito Corporation, Inc. 401…$9M
End-of-year total assets ($M) among Avelo Airlines 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Avelo Airlines, Inc. multi-year asset trail

Sponsor-wide plan assets over time

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

Latest sponsor-wide plan assets
$20M 309.12815562154236% vs 2022
2024 filing year
$0M$5M$10M$15M$20M$25M 202220232024 $4.87M $19.9M ▲ +309.4%
Year Plans Participants Total Assets
2022 1 300 $5M
2023 1 558 $9M
2024 1 988 $20M

Avelo Airlines, Inc. filing trail (2023)

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$9M
Net Income$5M
Employer EIN911387913
Plan Effective Date2005-10-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Texas

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

Avelo Airlines 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Avelo Airlines 401(k) Plan, Total assets ($B): 0.009418807 · Participants: 558Avelo Airlines 401(k) PlanAT&T Retirement Savings Plan, Total assets ($B): 40.012012 · Participants: 119854AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 21.917 · Participants: 23477Exxonmobil Savings PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 16.496476432 · Participants: 41679Caterpillar 401(k) Savings PlanAmerican Airlines, Inc. 401(k) Plan, Total assets ($B): 14.680189879 · Participants: 88792American Airlines, Inc. 401(k) PlanDell Inc. 401(k) Plan, Total assets ($B): 13.529835 · Participants: 45686Dell Inc. 401(k) Plan
Avelo Airlines 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants

Avelo Airlines 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is Ls Building Products 401(k) Plan in IL ($9M); by covered participants it is Triton Health Systems, L.L.C. 401(k) Retirement Plan in AL (558 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (558 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 Avelo Airlines 401(k) Plan assets move in 2023?
Avelo Airlines 401(k) Plan surged - up 93.3% during 2023, from $5M to $9M. Reported net income was $5M.
How have Avelo Airlines, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Avelo Airlines, Inc.'s sponsor-wide assets grew 309.1%, from $5M to $20M.
Which 401(k) plans are similar in size to Avelo Airlines 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Ls Building Products 401(k) Plan in IL ($9M, 126 participants).
Which 401(k) plans cover a similar participant headcount to Avelo Airlines 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Triton Health Systems, L.L.C. 401(k) Retirement Plan in AL (558 participants, $38M in assets).