Retirement plan

DELTA PILOTS SAVINGS PLAN

DELTA AIR LINES, INC.EIN 58-0218548Plan #014PY 2018
1030 DELTA BOULEVARD, DEPARTMENT 216 - ATLANTA, GA 30354404-715-2600deltaairlines.sharepoint.com/sites/deltanetLinkedIn51-200 employeeslogistics and supply chain
Prospect flagsLow returnsHigh assets / participantFailed to transmit contributionsFailed to provide benefit

Filing contacts

From the Form 5500, federal record
Plan sponsor & administrator signer
GREG TAHVONEN
Signed 10/15/2019
(404) 715-2600
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)
$9919.1M
-9.7% from 2016
Total participants
16,129
-5.6% from 2016
Average account balance
$615,444
-4.3% from 2016
Annual return
-5.40%
-7.56 pp from 2016

Benchmarks

Peer group
Industry48 - Transportation and Warehousing
Plan typeDefined contribution
Participants>=10,000
Cohort42 peers
Snapshot2018
Participant deferral / active EE
$17,439
median $2,845
Employer contribution / active EE
$34,847
median $1,306
Participation rate
99.9%
median 64.5%
Avg account balance
$615,444
median $59,474
Admin fee / account holder
$181
median $55
Annual return
-5.40%
median -4.84%
Overall peer rank
68th 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 3 by compensation
ProviderService typeCompensation
Service code 27 · EIN 77-0473565
Advisory (Plan)
$2,859,947
Service code 37 · EIN 04-2647786
Loan Processing
$1,335,103
Service code 10 · EIN 58-1433845
Accounting
$27,900

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

4 tripped
  • OpportunityLow returns

    Annual investment return is in the bottom quintile of the peer cohort.

  • ComplianceFailed to transmit contributions

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

  • ComplianceFailed to provide benefit

    Form 5500 reported that benefits due were not provided when due.

  • InformationalHigh assets / participant

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

Expense breakdown

Schedule H Part II
Admin total
$2.9M
$209 / participant
  • Investment mgmt$3M99.6%
  • Other / not subdivided$11K0.4%
% of EOY assets
0.029%
all-in expense ratio
Categories reported
1 / 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