Retirement plan

DELTA RETIREMENT PLAN

DELTA AIR LINES, INC.EIN 58-0218548Plan #002PY 2021
1030 DELTA BOULEVARD, DEPARTMENT 216 - ATLANTA, GA 30354404-715-2600deltaairlines.sharepoint.com/sites/deltanetLinkedIn51-200 employeeslogistics and supply chain
Prospect flagsHigh retiree %

Filing contacts

From the Form 5500, federal record
Plan sponsor & administrator signer
GREG TAHVONEN
Signed 01/18/2022
(404) 715-2600
Plan administrator entity
ADMINISTRATIVE COMMITTEE OF DELTA AIR LINES, INC.
EIN 581282408
1030 DELTA BOULEVARD,DEPT 216 · ATLANTA, GA 30354

Summary metrics

Total assets (EOY)
$8519.4M
-33.1% from 2017
Total participants
85,400
-0.7% from 2017
Average account balance
$0
No prior year
Annual return
36.61%
-13.06 pp from 2017

Benchmarks

Peer group
Industryany (size+type match)
Plan typeDefined benefit
Participants>=10,000
Cohort206 peers
Snapshot2021
Participant deferral / active EE
$0
median $81
Employer contribution / active EE
$52,938
median $6,074
Participation rate
0.0%
median 0.0%
Avg account balance
$0
Admin fee / account holder
$0
Annual return
36.61%
median 11.59%
Overall peer rank
82nd percentileavg across 6 metrics

Analytics

2016 - 2025
Total assets (EOY)
Plan-year ending balance
$7.25B
Average account balance
Total assets / participants with a balance (line 6g)
$89K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
67,165
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
0.0%
Contributions (total)
Employer and participant dollars contributed each year
$855.00M
Contributions per participant
Average employer and participant contribution per enrolled participant
$53K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+6.60%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$0
Asset composition
Cash / stocks / bonds / mutual funds / real estate / loans over time
  • Mutual / pooled
  • Stocks
  • Bonds
  • Cash
  • Real estate
  • Loans

Service providers

Top 4 by compensation
ProviderService typeCompensation
Service code 11 · EIN 23-1159630
Actuarial
$190,230
NEWPORT2 years
Service code 51 · EIN 27-4411131
Investment Mgmt Fees
$76,013
Service code 21 · EIN 13-4994650
Bank Trustee
$42,092
Service code 10 · EIN 58-1433845
Accounting
$23,950

Enrolled actuary

1 attachment
SB

CHARLES WENNER, ASA, EA

WILLIS TOWERS WATSON US LLC
Enrollment #2008571
8400 NORMANDALE LAKE BOULEVARD, SUI
BLOOMINGTON, MN 55437
(952) 842-7000

Top hat statement on fileNQDC

Filed November 26, 2025 (most recent of 4 filings on file)

Plans declared (1)

  • Delta Air Lines, Inc. Nonqualified Deferred Compensation Plan for Pilots740 emp

Plan features & details

Pension benefit codes1A1C1I3F3H
Plan features
  • 1A
    Benefits are primarily pay related
    Benefits under the plan are primarily determined with reference to a participant's pay (e.g. final-average-pay formula).
  • 1C
    Cash balance or similar plan
    A cash balance formula in a defined benefit plan that expresses the accrued benefit in terms more common to a defined contribution plan such as a hypothetical account balance or single sum amount (includes personal account plan pension equity plan life cycle plan and cash account plan).
  • 1I
    Frozen plan
    As of the last day of the plan year the plan provides that no participant will get any new benefit accrual whether because of service or compensation.
  • 3F
    Leased employees
    Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.
  • 3H
    Controlled group member
    Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped
  • InformationalHigh retiree %

    Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.

Expense breakdown

Schedule H Part II
Admin total
$77.7M
$4811 / participant
  • Investment mgmt$18M23.8%
  • Contract admin$4M4.6%
  • Other / not subdivided$56M71.7%
% of EOY assets
0.912%
all-in expense ratio
Categories reported
2 / 9
subdivided buckets used

Audit opinion

Schedule H Part III
Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm
FRAZIER & DEETER, LLC
Auditor EIN
581433845
Audit fees
(not subdivided)
Opinion code
Disclaimer