401(k) · DOL Form 5500 · 2024

Skywest, Inc. 401(k) Plan

Data updated 2026-08-25

$1.4B
Total assets Very large vs avg
14,259
Participants Very large workforce
99th
Percentile by assets National rank
$99,590
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Skywest, Inc. Employees' Retirement Plan · Sponsored by Skywest, Inc. · Utah · Transportation & Warehousing

$1.4B in assets, 14,259 participants

Skywest, Inc.'s Skywest, Inc. Employees' Retirement Plan reported $1.4B in total assets and 14,259 participants in its 2024 DOL Form 5500 filing, ranking in the 99th 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.

  • #3,237 in Transportation & Warehousing (3,299 peers)

Coverage in Utah

Skywest, Inc. Employees' Retirement Plan covers 14,259 participants in Utah, 24x the typical Utah plan (state average ~592 per filing). Assets: $1.4B.

#3,237
in Transportation & Warehousing (3,299 peers)
+19.1%
assets growth YoY
14×
vs typical plan assets (national mean)

Skywest, Inc. Employees' Retirement Plan's outsized position by total assets

Skywest, Inc. Employees' Retirement Plan vs every filed plan by assets

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

$1,420,052,359 Top 1% higher than 99% 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

Skywest, Inc. Employees' Retirement 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. Skywest, Inc. Employees' Retirement Plan is a mega filing (14,259 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Skywest, Inc. Employees' Retirement Plan end-of-year assets rose from $1.2B in the plan year 2023 filing to $1.4B in the plan year 2024 filing.
  • Skywest, Inc. Employees' Retirement Plan reported participants fell from 15,411 in the plan year 2023 filing to 14,259 in the plan year 2024 filing.
  • Skywest, Inc. Employees' Retirement Plan reported net income fell from $241M in the plan year 2023 filing to $227M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 870292166 · Skywest, Inc. PY 2024 · 401(k)

Skywest, Inc. Employees' Retirement Plan · $1.4B · 14,259 · 99th

  • EBSA $1.4B
  • EBSA 14,259
  • EBSA 99th
  • EBSA 401(k)
  • EBSA near Cbiz, Inc. Retirement Savings Plan
  • EBSA ind #3237

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 Utah →

Skywest, Inc. Employees' Retirement Plan in the asset neighbourhood

Skywest, Inc. Employees' Retirement PlanSkywest, Inc. Employees' Ret…$1.4BCbiz, Inc. Retirement Savings PlanCbiz, Inc. Retirement Saving…$1.4BFedex Office and Print Services, Inc. 401(k) Retirement Savings PlanFedex Office and Print Servi…$1.4BMidamerican Energy Company Retirement Savings PlanMidamerican Energy Company R…$1.4BBlue Cross and Blue Shield of North Carolina 401(k) PlanBlue Cross and Blue Shield o…$1.4B
End-of-year total assets ($B) among Skywest, Inc. Employees' Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Utah filing particulars

Total Assets (Beginning of Year)$1.2B
Net Assets (End of Year)$1.4B
Net Income$227M
Employer EIN870292166
Plan Effective Date1977-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Skywest, Inc.)

Sponsor-wide plan assets over time

All Skywest, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$1.4B 49.206828983848624% vs 2022
2024 filing year
$0.8B$1B$1.2B$1.4B$1.6B 202220232024 $0.95B $1.42B ▲ +49.5%
Year Plans Participants Total Assets
2022 1 16,878 $952M
2023 1 15,411 $1.2B
2024 1 14,259 $1.4B

Nearby 401(k) Plans in Utah

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

Skywest, Inc. Employees' Retirement Plan vs. nearby 401(k) plans in Utah, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 02468 Total assets ($B) Participants Skywest, Inc. Employees' Retirement Plan, Total assets ($B): 1.420052359 · Participants: 14259Skywest, Inc. Employees' Retirement PlanIntermountain Health 401(k) Plan, Total assets ($B): 6.832891 · Participants: 68360Intermountain Health 401(k) PlanDeseret 401(k) Plan, Total assets ($B): 6.145738842 · Participants: 25301Deseret 401(k) PlanZions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership Plan, Total assets ($B): 1.885575832 · Participants: 9972Zions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership PlanRio Tinto America Inc. 401(k) Savings Plan and Investment Partnership Plan, Total assets ($B): 0.686992924 · Participants: 1926Rio Tinto America Inc. 401(k) Savings Plan and Investment Partnership PlanAutoliv Asp, Inc. Employee Savings and Investment Plan, Total assets ($B): 0.686808665 · Participants: 4130Autoliv Asp, Inc. Employee Savings and Investment Plan
Skywest, Inc. Employees' Retirement Plan vs. nearby 401(k) plans in Utah, assets vs. participants

Scale composition for Skywest, Inc. Employees' Retirement Plan

Skywest, Inc. Employees' Retirement Plan reports $1.4B in end-of-year assets across 14,259 participants (0.012% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.015% of 93,925,755 covered participants) - about $99,590 per participant (72% of the national average assets-per-participant) . Net income for plan year 2024 was $227M.

This plan identity (EIN 870292166, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $952M to $1.4B (+49.2%) while covered participants moved from 16,878 to 14,259 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 16,878 $952M Open filing
2023 15,411 $1.2B Open filing
2024 · index core 14,259 $1.4B This page

Skywest, Inc. Employees' Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Utah, the nearest 401(k) by assets is Cbiz, Inc. Retirement Savings Plan in OH ($1.4B); by covered participants it is Bob Evans Restaurants, LLC 401(k) Retirement Plan in OH (14,259 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (14,259 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 Skywest, Inc. Employees' Retirement Plan assets move in 2024? ▼
Skywest, Inc. Employees' Retirement Plan grew sharply - up 19.1% during 2024, from $1.2B to $1.4B. Reported net income was $227M.
How have Skywest, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Skywest, Inc.'s sponsor-wide assets grew 49.2%, from $952M to $1.4B.
Where does Skywest, Inc. Employees' Retirement Plan rank by assets among Form 5500 filers? ▼
Skywest, Inc. Employees' Retirement Plan ranks in the 99th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Skywest, Inc. Employees' Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Cbiz, Inc. Retirement Savings Plan in OH ($1.4B, 6,847 participants).
Which 401(k) plans cover a similar participant headcount to Skywest, Inc. Employees' Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Bob Evans Restaurants, LLC 401(k) Retirement Plan in OH (14,259 participants, $103M in assets).