Defined Benefit (Pension) · DOL Form 5500 · 2024

Alaska Airlines, Inc. Pension Plan

Data updated 2026-08-11

$257M
Total assets
525
Participants
95th
Percentile by assets
$489,082
Avg per participant
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Official DOL plan name: Alaska Airlines, Inc., Retirement Plan for Mechanics & Related Crafts Employees · Sponsored by Alaska Airlines, Inc. · Washington · Transportation & Warehousing

$257M in assets, 525 participants

Alaska Airlines, Inc.'s Alaska Airlines, Inc., Retirement Plan for Mechanics & Related Crafts Employees reported $257M in total assets and 525 participants in its 2024 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 123,622 plans)
  • #3,080 in Transportation & Warehousing (3,299 peers)

Coverage in Washington

Alaska Airlines, Inc., Retirement Plan for Mechanics & Related Crafts Employees covers 525 participants in Washington, about 36% of the average Washington filer (state average ~1,476 per filing). Assets: $257M.

$257M
total plan assets (2024 EOY)
525
covered participants
95th
percentile by assets (of 123,622 plans)
$489,082
avg assets per participant

The plan reported a net loss of $12M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Alaska Airlines, Inc., Retirement Plan for Mechanics & Related Crafts Employees sits by total assets

Alaska Airlines, Inc., Retirement Plan for Mechanics & Related Crafts Employees vs every filed plan by assets

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

$256,768,308 Top 5% higher than 95% of 123,620 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Alaska Airlines, Inc., Retirement Plan for Mechanics & Related Crafts Employees reported net income fell from $23M in the plan year 2023 filing to -$12M in the plan year 2024 filing.
  • Alaska Airlines, Inc., Retirement Plan for Mechanics & Related Crafts Employees reported participants fell from 557 in the plan year 2023 filing to 525 in the plan year 2024 filing.
  • Alaska Airlines, Inc., Retirement Plan for Mechanics & Related Crafts Employees end-of-year assets fell from $269M in the plan year 2023 filing to $257M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs Washington filers

In Washington, the average filing covers about 1,476 participants across 2,612 plans. Alaska Airlines, Inc., Retirement Plan for Mechanics & Related Crafts Employees reports 525 participants - about 36% of that state average ($257M EOY assets).

Washington filing particulars

Total Assets (Beginning of Year)$269M
Net Assets (End of Year)$257M
Net Income-$12M
Employer EIN920009235
Plan Effective Date1962-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Alaska Airlines, Inc.)

$5B$6B$7B$8B 202220232024 $5.61B $7.36B ▲ +31.2%
Total plan assets by year, all Alaska Airlines, Inc. plans on file
Year Plans Participants Total Assets
2022 8 20,288 $5.6B
2023 8 22,853 $6.5B
2024 8 22,560 $7.4B

Nearby Defined Benefit (Pension) Plans in Washington

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Alaska Airlines, Inc., Retirement Plan for Mechanics & Related Crafts Employees vs. nearby Defined Benefit (Pension) plans in Washington, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -200204060 Total assets ($B) Participants Alaska Airlines, Inc…, Total assets ($B): 0.256768308 · Participants: 525Alaska Airlines, Inc…Western Conference o…, Total assets ($B): 56.4105157 · Participants: 231156Western Conference o…The Pension Value Pl…, Total assets ($B): 23.342502332 · Participants: 29538The Pension Value Pl…The Boeing Company E…, Total assets ($B): 15.379508818 · Participants: 31398The Boeing Company E…Locals 302 & 612 of …, Total assets ($B): 3.327244882 · Participants: 8695Locals 302 & 612 of …Paccar Inc Retiremen…, Total assets ($B): 2.704439451 · Participants: 10345Paccar Inc Retiremen…
Alaska Airlines, Inc., Retirement Plan for Mechanics & Related Crafts Employees vs. nearby Defined Benefit (Pension) plans in Washington, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Alaska Airlines, Inc., Retirement Plan for Mechanics & Related Crafts Employees by total assets, not by location.

Frequently Asked Questions

How did Alaska Airlines, Inc., Retirement Plan for Mechanics & Related Crafts Employees assets move in 2024?
Alaska Airlines, Inc., Retirement Plan for Mechanics & Related Crafts Employees edged down modestly - down 4.5% during 2024, from $269M to $257M. Reported net income was -$12M.
How have Alaska Airlines, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Alaska Airlines, Inc.'s sponsor-wide assets grew 31.1%, from $5.6B to $7.4B.
Where does Alaska Airlines, Inc., Retirement Plan for Mechanics & Related Crafts Employees rank by assets among Form 5500 filers?
Alaska Airlines, Inc., Retirement Plan for Mechanics & Related Crafts Employees ranks in the 95th 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 Defined Benefit (Pension) plans are similar in size to Alaska Airlines, Inc., Retirement Plan for Mechanics & Related Crafts Employees?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Cooper Tire & Rubber Company Texarkana Represented Employee Retirement Plan in OH ($257M, 658 participants).

Next read for Alaska Airlines, Inc., Retirement Plan f…

Filing takeaways

Ways to act on Alaska Airlines, Inc., Retirement Plan for Mechanics & Related Crafts Employees's numbers.

  • By total assets, Alaska Airlines, Inc., Retirement Plan for Mechanics & Related Crafts Employees ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Washington. Compare plans
  • Alaska Airlines, Inc.'s sponsor-wide assets have grown 31.1% since 2022 across 3 plan years on file. More Transportation & Warehousing plans