401(k) · DOL Form 5500 · 2024

Skywest, Inc. 401(k) Plan

Data updated 2026-08-11

$1.4B
Total assets
14,259
Participants
99th
Percentile by assets
$99,590
Avg per participant
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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.

  • 99th percentile by assets (of 123,622 plans)
  • #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.

$1.4B
total plan assets (2024 EOY)
14,259
covered participants
99th
percentile by assets (of 123,622 plans)
$99,590
avg assets per participant

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 →

Participants vs Utah filers

In Utah, the average filing covers about 592 participants across 1,280 plans. Skywest, Inc. Employees' Retirement Plan reports 14,259 participants - 24x that state average ($1.4B EOY assets).

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.)

$0.8B$1B$1.2B$1.4B$1.6B 202220232024 $0.95B $1.42B ▲ +49.5%
Total plan assets by year, all Skywest, Inc. plans on file
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

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. Employ…Intermountain Health…Deseret 401(k) PlanZions Bancorporation…Rio Tinto America In…Autoliv Asp, Inc. Em…
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

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Skywest, Inc. Employees' Retirement Plan by total assets, not by location.

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).

Next read for Skywest, Inc. Employees' Retirement Plan

Filing takeaways

Ways to act on Skywest, Inc. Employees' Retirement Plan's numbers.