Retirement plan

NORTHWEST AIRLINES PENSION PLAN FOR PILOT EMPLOYEES

DELTA AIR LINES, INC.EIN 58-0218548Plan #015PY 2021
1030 DELTA BOULEVARD, DEPARTMENT 216 - ATLANTA, GA 303546001404-715-2600deltaairlines.sharepoint.com/sites/deltanetLinkedIn51-200 employeeslogistics and supply chain
Prospect flagsHigh retiree %Wind-down / frozen

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(404) 715-2600
Plan administrator signer
GREG TAHVONEN
Signed 07/15/2022
Plan administrator entity
THE ADMINISTRATIVE COMMITTEE OF DELTA AIR LINES, INC.
EIN 581282408

Summary metrics

Total assets (EOY)
$5501.5M
-5.8% from 2017
Total participants
7,722
-0.3% from 2017
Average account balance
$0
No prior year
Annual return
24.15%
+0.12 pp from 2017

Benchmarks

Peer group
Industry48 - Transportation and Warehousing
Plan typeDefined benefit
Participants1,000-4,999
Cohort33 peers
Snapshot2021
Participant deferral / active EE
$0
median $1
Employer contribution / active EE
$0
median $11,963
Participation rate
0.0%
median 0.0%
Avg account balance
$0
median $364,566
Admin fee / account holder
$0
median $561
Annual return
24.15%
median 13.80%
Overall peer rank
91st 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
CONDUENT5 years
Service code 13 · EIN 32-0293031
Contract Administrator
$162,831
Service code 11 · EIN 23-1159360
Actuarial
$65,939
Service code 16 · EIN 13-3575636
Consulting
$54,182
Service code 10 · EIN 58-1433845
Accounting
$34,400

Enrolled actuary

1 attachment
SB

CHARLES WENNER, ASA, EA

WILLIS TOWERS WATSON US LLC
Enrollment #2008571
8400 NORMANDALE LAKE BLVD
SUITE 1700
MINNEAPOLIS, MN 554373837
(952) 842-7000
Signed 2022-06-30

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

2 tripped
  • InformationalHigh retiree %

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

  • InformationalWind-down / frozen

    Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.

Expense breakdown

Schedule H Part II
Admin total
$17.7M
$10474 / participant
  • Investment mgmt$8M44.3%
  • Contract admin$5M26.9%
  • Other / not subdivided$5M28.8%
% of EOY assets
0.322%
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 LLP
Auditor EIN
581433845
Audit fees
(not subdivided)
Opinion code
Unqualified