Retirement plan

DELTA 401(K) RETIREMENT PLAN FOR PILOTS

DELTA AIR LINES, INC.EIN 58-0218548Plan #014PY 2024
1030 DELTA BOULEVARD, DEPARTMENT 216 - ATLANTA, GA 303546001404-715-2600deltaairlines.sharepoint.com/sites/deltanetLinkedIn51-200 employeeslogistics and supply chain
Prospect flagsHigh feesHigh assets / participantFailed to transmit contributions

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(404) 715-2600
Plan administrator signer
KELLEY ELLIOTT
Signed 10/14/2025
Plan administrator entity
ADMINISTRATIVE COMMITTEE OF DELTA AIR LINES, INC.
EIN 581282408
1030 DELTA BOULEVARD, DEPARTMENT 216 · ATLANTA, GA 30354

Summary metrics

Total assets (EOY)
$15928.3M
-9.7% from 2016
Total participants
17,776
-5.6% from 2016
Average account balance
$908,788
-4.3% from 2016
Annual return
17.94%
-7.56 pp from 2016

Benchmarks

Peer group
Industry48 - Transportation and Warehousing
Plan typeDefined contribution
Participants>=10,000
Cohort51 peers
Snapshot2024
Participant deferral / active EE
$22,259
median $3,803
Employer contribution / active EE
$49,209
median $1,389
Participation rate
98.3%
median 64.2%
Avg account balance
$908,788
median $77,360
Admin fee / account holder
$378
median $72
Annual return
17.94%
median 14.54%
Overall peer rank
79th percentileavg across 6 metrics

Analytics

2015 - 2024
Total assets (EOY)
Plan-year ending balance
$15.93B
Average account balance
Total assets / participants with a balance (line 6g)
$909K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
17,527
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
98.3%
Contributions (total)
Employer and participant dollars contributed each year
$1.07B
Contributions per participant
Average employer and participant contribution per enrolled participant
$71K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+17.94%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$378
Asset composition
Cash / stocks / bonds / mutual funds / real estate / loans over time
  • Mutual / pooled
  • Stocks
  • Bonds
  • Cash
  • Real estate
  • Loans

Service providers

Top 10 of 30 by compensation
ProviderService typeCompensation
Service code 27 · EIN 77-0473565
Advisory (Plan)
$2,528,894
Service code 26 · EIN 68-0372662
Advisory (Participants)
$2,193,582
Service code 26 · EIN 58-2639765
Advisory (Participants)
$441,835
Service code 26 · EIN 43-1270780
Advisory (Participants)
$379,051
Service code 26 · EIN 94-3029777
Advisory (Participants)
$351,013
Service code 26 · EIN 26-0778361
Advisory (Participants)
$247,607
Service code 26 · EIN 86-0912979
Advisory (Participants)
$230,592
Service code 26 · EIN 82-3706323
Advisory (Participants)
$211,559
Service code 26 · EIN 58-2323085
Advisory (Participants)
$73,424
Service code 26 · EIN 55-0808353
Advisory (Participants)
$73,424

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 codes2E2F2G2J2K2R2S2T3F3H
Plan features
  • 2E
    Profit-sharing
    Profit-sharing plan.
  • 2F
    ERISA section 404(c) plan
    This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
  • 2G
    Total participant-directed account plan
    Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • 2J
    Code section 401(k) feature
    Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
  • 2K
    Code section 401(m) arrangement
    Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
  • 2R
    Participant-directed brokerage accounts
    Participant-directed brokerage accounts provided as an investment option under the plan.
  • 2S
    Automatic enrollment
    Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
  • 2T
    Default investment account
    Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
  • 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

3 tripped
  • OpportunityHigh fees

    Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

  • ComplianceFailed to transmit contributions

    Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

  • InformationalHigh assets / participant

    Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II
Admin total
$6.6M
$442 / participant
  • Recordkeeping$42K0.6%
  • Investment mgmt$7M98.9%
  • Other / not subdivided$30K0.5%
% of EOY assets
0.042%
all-in expense ratio
Categories reported
2 / 9
subdivided buckets used

Audit opinion

Schedule H Part III
Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm
BDO USA, P.C.
Auditor EIN
135381590
Audit fees
$20,099
Opinion code
Unqualified