Retirement plan

NORTHWEST AIRLINES PENSION PLAN FOR PILOT EMPLOYEES

DELTA AIR LINES, INC.EIN 58-0218548Plan #015PY 2019
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 07/15/2020
(404) 715-2600
Plan administrator entity
ADMINISTRATIVE COMMITTEE OF DELTA AIR LINES, INC.
EIN 581282408
1030 DELTA BOULEVARD,DEPT.216 ยท ATLANTA, GA 30354

Summary metrics

Total assets (EOY)
$4543.3M
-5.8% from 2017
Total participants
7,850
-0.3% from 2017
Average account balance
$0
No prior year
Annual return
6.97%
+0.12 pp from 2017

Benchmarks

Peer group
Industry48 - Transportation and Warehousing
Plan typeDefined benefit
Participants1,000-4,999
Cohort34 peers
Snapshot2019
Participant deferral / active EE
$0
median $102
Employer contribution / active EE
$86,957
median $12,216
Participation rate
0.0%
median 0.0%
Avg account balance
$0
median $341,093,897
Admin fee / account holder
$0
median $1,551,325
Annual return
6.97%
median 18.18%
Overall peer rank
52nd percentileavg across 6 metrics

Analytics

2016 - 2024
Total assets (EOY)
Plan-year ending balance
$4.52B
Average account balance
Total assets / participants with a balance (line 6g)
$605K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
6,117
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
$16.54M
Contributions per participant
Average employer and participant contribution per enrolled participant
$12K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+15.39%
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
CONDUENT3 years
Service code 13 ยท EIN 32-0293031
Contract Administrator
$174,873
Service code 11 ยท EIN 23-1159360
Actuarial
$69,067
Service code 16 ยท EIN 13-3575636
Consulting
$57,586
Service code 10 ยท EIN 58-1433845
Accounting
$28,950

Enrolled actuary

1 attachment
SB

CHARLES WENNER, ASA, EA

WILLIS TOWERS WATSON US LLC
Enrollment #2008571
8400 NORMANDALE LAKE BLVD,SUITE 170
MINNEAPOLIS, MN 554373837
(952) 842-7000
Signed 2020-07-02

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 codes1A1I3F3H
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).
  • 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
$17.6M
$6381 / participant
  • Investment mgmt$6M35.9%
  • Contract admin$6M36.8%
  • Other / not subdivided$5M27.3%
% of EOY assets
0.388%
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