Profit Sharing · DOL Form 5500 · 2024
Southwest Airlines Co. Profit Sharing Plan
Data updated 2026-08-25
- N/A
- Total assets —
- 79,787
- Participants Very large workforce
Official DOL plan name: Southwest Airlines Co. Profitsharing Plan · Sponsored by Southwest Airlines Co. · Texas · Transportation & Warehousing
N/A in assets, 79,787 participants
Southwest Airlines Co.'s Southwest Airlines Co. Profitsharing Plan reported N/A in total assets and 79,787 participants in its 2024 DOL Form 5500 filing. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
Coverage in Texas
Southwest Airlines Co. Profitsharing Plan covers 79,787 participants in Texas, 116x the typical Texas plan (state average ~688 per filing). Assets: N/A.
- $151M
- reported net income
Southwest Airlines Co. Profitsharing Plan's mega-plan peer group by participant headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Southwest Airlines Co. Profitsharing Plan is a mega filing (79,787 participants), the rightmost band on the breakdown.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Southwest Airlines Co. Profitsharing Plan reported net income fell from $534M in the plan year 2023 filing to $151M in the plan year 2024 filing.
- Southwest Airlines Co. Profitsharing Plan reported participants rose from 71,461 in the plan year 2023 filing to 79,787 in the plan year 2024 filing.
DOL schedule card
Filing strip 741563240 · Southwest Airlines Co. PY 2024 · Profit Sharing
Southwest Airlines Co. Profitsharing Plan · N/A · 79,787
- NET N/A
- BOOK 79,787
- VS-ST PY 2024
- BOY Profit Sharing
- SCH near Consolidated 403(b) Program of Mass General Brigham and Member Organizations
- EBSA 116× state
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 Texas →
Texas filing particulars
| Total Assets (Beginning of Year) | $5.8B |
|---|---|
| Net Assets (End of Year) | N/A |
| Net Income | $151M |
| Employer EIN | 741563240 |
| Plan Effective Date | 1973-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Southwest Airlines Co.)
Sponsor-wide plan assets over time
All Southwest Airlines Co. plans reported in each filing year
- Latest sponsor-wide plan assets
- $28.7B 37.33380234491332% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 120,230 | $20.9B |
| 2023 | 3 | 141,844 | $24.8B |
| 2024 | 4 | 168,461 | $28.7B |
Nearby Profit Sharing Plans in Texas
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
- Baylor College of Medicine Retirement Plan $2.0B · 10,721
- H-E-B Partner Stock Plan $1.6B · 103,962
- The Defined Contribution Plan of the Methodist Hospital $1.1B · 31,848
- American Heart Association, Inc. Qualified Retirement Plan $514M · 3,779
- Haynes and Boone Investment Directed Profit Sharing Plan $310M · 1,069
Southwest Airlines Co. Profitsharing Plan's closest out-of-state Profit Sharing peers by headcount
Outside Texas, the nearest Profit Sharing by covered participants is Consolidated 403(b) Program of Mass General Brigham and Member Organizations in MA (76,559 participants; this filing: 79,787 participants).
Similar participant headcount
Nearest other-state filings by covered participants (79,787 participants); asset peers above are excluded.
- Consolidated 403(b) Program of Mass General Brigham and Member Organizations (MA) 76,559 · 3,228 off
- SEIU 775 Secure Retirement Plan (WA) 72,804 · 6,983 off
- Motion Picture Industry Individual Account Plan (CA) 67,842 · 11,945 off
- Charter Communications, Inc. Retirement Accumulation Plan (NC) 96,794 · 17,007 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.