Retirement plan

DELTA 401(K) RETIREMENT PLAN FOR PILOTS

DELTA AIR LINES, INC.EIN 58-0218548Plan #014PY 2023
1030 DELTA BOULEVARD, DEPARTMENT 216 - ATLANTA, GA 30354404-715-2600deltaairlines.sharepoint.com/sites/deltanetLinkedIn51-200 employeeslogistics and supply chain
Prospect flagsHigh 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 10/09/2024
Plan administrator entity
ADMINISTRATIVE COMMITTEE OF DELTA AIR LINES, INC.
EIN 581282408

Summary metrics

Total assets (EOY)
$13670.9M
-9.7% from 2016
Total participants
17,203
-5.6% from 2016
Average account balance
$808,454
-4.3% from 2016
Annual return
19.84%
-7.56 pp from 2016

Benchmarks

Peer group
Industry48 - Transportation and Warehousing
Plan typeDefined contribution
Participants>=10,000
Cohort52 peers
Snapshot2023
Participant deferral / active EE
$19,986
median $3,505
Employer contribution / active EE
$42,056
median $1,273
Participation rate
98.0%
median 65.8%
Avg account balance
$808,454
median $67,068
Admin fee / account holder
$286
median $61
Annual return
19.84%
median 18.28%
Overall peer rank
75th 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 19 by compensation
ProviderService typeCompensation
Service code 27 · EIN 77-0473565
Advisory (Plan)
$2,302,742
Service code 26 · EIN 68-0372662
Advisory (Participants)
$1,768,150
Service code 26 · EIN 58-2639765
Advisory (Participants)
$423,580
Service code 26 · EIN 94-3029777
Advisory (Participants)
$200,441
Service code 15 · EIN 04-2647786
Recordkeeping
$124,457
Service code 26 · EIN 26-0778361
Advisory (Participants)
$77,587
Service code 26 · EIN 43-1270780
Advisory (Participants)
$70,714
Service code 26 · EIN 58-2323085
Advisory (Participants)
$45,523
Service code 26 · EIN 36-3792197
Advisory (Participants)
$36,731
Service code 26 · EIN 86-0912979
Advisory (Participants)
$32,826

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

2 tripped
  • 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
$4.8M
$334 / participant
  • Recordkeeping$124K2.6%
  • Investment mgmt$5M96.9%
  • Other / not subdivided$23K0.5%
% of EOY assets
0.035%
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
$23,164
Opinion code
Unqualified