401(k) · DOL Form 5500 · 2024

Spirit Airlines, Inc. 401(k) Plan

Data updated 2026-08-25

$296M
Total assets Near avg plan size
9,956
Participants Very large workforce
96th
Percentile by assets National rank
$29,711
Avg per participant Low balance/head
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Official DOL plan name: Spirit Airlines, Inc. Employee Retirement Savings Plan · Sponsored by Spirit Airlines, Inc. · Florida · Transportation & Warehousing

$296M in assets, 9,956 participants

Spirit Airlines, Inc.'s Spirit Airlines, Inc. Employee Retirement Savings Plan reported $296M in total assets and 9,956 participants in its 2024 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.

  • #3,102 in Transportation & Warehousing (3,299 peers)

Coverage in Florida

Spirit Airlines, Inc. Employee Retirement Savings Plan covers 9,956 participants in Florida, 16x the typical Florida plan (state average ~628 per filing). Assets: $296M.

#3,102
in Transportation & Warehousing (3,299 peers)
+22.3%
assets growth YoY
3.0×
vs typical plan assets (national mean)

Spirit Airlines, Inc. Employee Retirement Savings Plan's outsized position by total assets

Spirit Airlines, Inc. Employee Retirement Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$295,801,975 Top 4% higher than 96% of 123,620 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 2024

Spirit Airlines, Inc. Employee Retirement Savings Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Spirit Airlines, Inc. Employee Retirement Savings Plan lands in the large band (9,956 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Spirit Airlines, Inc. Employee Retirement Savings Plan end-of-year assets rose from $242M in the plan year 2023 filing to $296M in the plan year 2024 filing.
  • Spirit Airlines, Inc. Employee Retirement Savings Plan reported participants rose from 8,571 in the plan year 2023 filing to 9,956 in the plan year 2024 filing.
  • Spirit Airlines, Inc. Employee Retirement Savings Plan reported net income fell from $59M in the plan year 2023 filing to $54M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 381747023 · Spirit Airlines, Inc. PY 2024 · 401(k)

Spirit Airlines, Inc. Employee Retirement Savings Plan · $296M · 9,956 · 96th

  • PCT $296M
  • PCT 9,956
  • PCT 96th
  • PCT 401(k)
  • PCT near I.B.E.W. Local Union 481 Defined Contribution Plan
  • PCT ind #3102

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 Florida →

Spirit Airlines, Inc. Employee Retirement Savings Plan in the asset neighbourhood

Moran Towing Corporation 401(k) PlanMoran Towing Corporation 401…$296MSpirit Airlines, Inc. Employee Retirement Savings PlanSpirit Airlines, Inc. Employ…$296MI.B.E.W. Local Union 481 Defined Contribution PlanI.B.E.W. Local Union 481 Def…$296MPeterson Holding Co. Incentive Retirement PlanPeterson Holding Co. Incenti…$296MNew Lexington Clinic, P.S.C. Savings and Profit Sharing PlanNew Lexington Clinic, P.S.C.…$295M
End-of-year total assets ($M) among Spirit Airlines, Inc. Employee Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Florida filing particulars

Total Assets (Beginning of Year)$242M
Net Assets (End of Year)$296M
Net Income$54M
Employer EIN381747023
Plan Effective Date1990-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Spirit Airlines, Inc.)

Sponsor-wide plan assets over time

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

Latest sponsor-wide plan assets
$1.5B 69.02152124460093% vs 2022
2024 filing year
$0.8B$1B$1.2B$1.4B$1.6B 202220232024 $0.87B $1.48B ▲ +70.1%
Year Plans Participants Total Assets
2022 2 9,923 $874M
2023 2 11,777 $1.2B
2024 2 13,477 $1.5B

Nearby 401(k) Plans in Florida

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

Spirit Airlines, Inc. Employee Retirement Savings Plan vs. nearby 401(k) plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -505101520 Total assets ($B) Participants Spirit Airlines, Inc. Employee Retirement Savings Plan, Total assets ($B): 0.295801975 · Participants: 9956Spirit Airlines, Inc. Employee Retirement Savings PlanL3harris Retirement Savings Plan, Total assets ($B): 16.316786122 · Participants: 40330L3harris Retirement Savings PlanSavings Plan for Employees and Partners of Pwc, Total assets ($B): 13.167098888 · Participants: 51081Savings Plan for Employees and Partners of PwcAdp Totalsource Retirement Savings Plan, Total assets ($B): 9.190044852 · Participants: 310261Adp Totalsource Retirement Savings PlanPublix Super Markets, Inc. 401(k) Smart Plan, Total assets ($B): 8.068866271 · Participants: 197102Publix Super Markets, Inc. 401(k) Smart PlanNextera Energy, Inc. Employee Retirement Savings Plan, Total assets ($B): 5.484619612 · Participants: 16678Nextera Energy, Inc. Employee Retirement Savings Plan
Spirit Airlines, Inc. Employee Retirement Savings Plan vs. nearby 401(k) plans in Florida, assets vs. participants
Compare Spirit Airlines, Inc. Employee Retirement Savings Plan side-by-side with 3 peers →

Scale composition for Spirit Airlines, Inc. Employee Retirement Savings Plan

Spirit Airlines, Inc. Employee Retirement Savings Plan reports $296M in end-of-year assets across 9,956 participants (0.002% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.011% of 93,925,755 covered participants) - about $29,711 per participant (21% of the national average assets-per-participant) . Net income for plan year 2024 was $54M.

This plan identity (EIN 381747023, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $183M to $296M (+61.7%) while covered participants moved from 7,133 to 9,956 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 7,133 $183M Open filing
2023 8,571 $242M Open filing
2024 · index core 9,956 $296M This page

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Spirit Airlines, Inc. Employee Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Florida, the nearest 401(k) by assets is I.B.E.W. Local Union 481 Defined Contribution Plan in IN ($296M); by covered participants it is The 401(k) Savings Plan in TX (9,956 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (9,956 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Spirit Airlines, Inc. Employee Retirement Savings Plan assets move in 2024? ▼
Spirit Airlines, Inc. Employee Retirement Savings Plan grew sharply - up 22.3% during 2024, from $242M to $296M. Reported net income was $54M.
How have Spirit Airlines, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Spirit Airlines, Inc.'s sponsor-wide assets grew 69.0%, from $874M to $1.5B.
Where does Spirit Airlines, Inc. Employee Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Spirit Airlines, Inc. Employee Retirement Savings Plan ranks in the 96th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Spirit Airlines, Inc. Employee Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is I.B.E.W. Local Union 481 Defined Contribution Plan in IN ($296M, 2,994 participants).
Which 401(k) plans cover a similar participant headcount to Spirit Airlines, Inc. Employee Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is The 401(k) Savings Plan in TX (9,956 participants, $472M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 381747023.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.