Profit Sharing · DOL Form 5500 · 2024
Southwest Airlines Co. Profit Sharing Plan
Data updated 2026-08-11
- N/A
- Total assets
- 79,787
- Participants
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.
- N/A
- total plan assets (2024 EOY)
- 79,787
- covered participants
- $151M
- reported net income
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.
Participants vs Texas filers
In Texas, the average filing covers about 688 participants across 10,116 plans. Southwest Airlines Co. Profitsharing Plan reports 79,787 participants - 116x that state average (N/A EOY assets).
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.)
| 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.
Southwest Airlines Co. Profitsharing Plan vs. nearby Profit Sharing plans in Texas, assets vs. participants
- 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
Frequently Asked Questions
How have Southwest Airlines Co. plan assets changed over time? ▼
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Filing takeaways
Ways to act on Southwest Airlines Co. Profitsharing Plan's numbers.
- Compare it side-by-side against 3 similar Profit Sharing plans in Texas. Compare plans
- Southwest Airlines Co.'s sponsor-wide assets have grown 37.3% since 2022 across 3 plan years on file. More Transportation & Warehousing plans