401(k)
2024 plan-year 401(k) DOL Form 5500

Southwest Airlines Pilots Retirement Savings Plan

ERISA Form 5500 plan record drawn from DOL EBSA โ€” verify with linked source filings below.

Sponsored by Southwest Airlines Company ยท Texas ยท Transportation & Warehousing

What the 2023 filing shows

Southwest Airlines Pilots Retirement Savings Plan holds $11.6B for 11,242 participants - about $1.0M per participant, up 27.1% over the 2024 plan year.

$11.6B
total plan assets (2024 EOY)
11,242
covered participants
$1.0M
avg assets per participant
+27.1%
assets growth YoY
Total Assets (2023)
$11.6B
Participants
11,242
State
Industry
Transportation & Warehousing

What the Filing Says About Southwest Airlines Pilots Retirement Savings Plan

Southwest Airlines Pilots Retirement Savings Plan is a 401(k) retirement plan sponsored by Southwest Airlines Company, headquartered in Texas. As of the 2024 Form 5500 filing, the plan reports $11.6B in total end-of-year assets and covers 11,242 participants across the Transportation & Warehousing industry. The sponsor's EIN on file with the U.S. Department of Labor is 741563240, and the plan has been effective since 1986-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $9.1B at the beginning of 2024 to $11.6B at year-end โ€” a gain of 27.1%. Net assets (after liabilities) closed the year at $11.6B, with reported net income of $1.8B driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows โ€” a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$9.1B
Total Assets (End of Year)$11.6B
Net Assets (End of Year)$11.6B
Net Income$1.8B
Plan Type401(k)
Employer EIN741563240
Plan Effective Date1986-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Southwest Airlines Company)

Year Plans Participants Total Assets
2022 3 120,230 $20.9B
2023 3 141,844 $24.8B
2024 4 168,461 $28.7B

Nearby 401(k) Plans in Texas

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

Frequently Asked Questions

How much money is in the Southwest Airlines Pilots Retirement Savings Plan?
As of the 2024 Form 5500 filing, Southwest Airlines Pilots Retirement Savings Plan holds $11.6B in total assets with 11,242 participants. It is sponsored by Southwest Airlines Company.
What type of plan is Southwest Airlines Pilots Retirement Savings Plan?
Southwest Airlines Pilots Retirement Savings Plan is a 401(k) plan. It has been effective since 1986-01-01. The plan is filed with the U.S. Department of Labor under EIN 741563240.
Who sponsors the Southwest Airlines Pilots Retirement Savings Plan?
Southwest Airlines Pilots Retirement Savings Plan is sponsored by Southwest Airlines Company, located in Texas. The sponsor's EIN is 741563240 and the plan operates in the Transportation & Warehousing industry.
How did Southwest Airlines Pilots Retirement Savings Plan perform in 2024?
Southwest Airlines Pilots Retirement Savings Plan grew by 27.1% during 2024, moving from $9.1B to $11.6B in total assets. Net income was $1.8B.
Where can I find official filings for Southwest Airlines Pilots Retirement Savings Plan?
Official Form 5500 filings for Southwest Airlines Pilots Retirement Savings Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 741563240 or plan name at efast.dol.gov.
How does Southwest Airlines Pilots Retirement Savings Plan compare to other plans?
You can compare Southwest Airlines Pilots Retirement Savings Plan against other 401(k) plans on the plan type page, or view plans in Texas on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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) โ€” original filing retrieval by EIN 741563240.

Reference: IRS Publication 560 โ€” Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B โ€” Distributions from IRAs, RMD rules under SECURE Act 2.0.

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