Retirement plan

NORTHWEST AIRLINES PENSION PLAN FOR CONTRACT EMPLOYEES

DELTA AIR LINES, INC.EIN 58-0218548Plan #016PY 2024
1030 DELTA BOULEVARD, DEPARTMENT 216 - ATLANTA, GA 303546001404-715-2600deltaairlines.sharepoint.com/sites/deltanetLinkedIn51-200 employeeslogistics and supply chain
Prospect flagsHigh retiree %Low employer contribution

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(404) 715-2600
Plan administrator signer
KELLEY ELLIOTT
Signed 06/26/2025
Plan administrator entity
THE ADMINISTRATIVE COMMITTEE OF DELTA AIR LINES, INC.
EIN 581282408

Summary metrics

Total assets (EOY)
$3844.9M
-7.0% from 2017
Total participants
43,324
-0.3% from 2017
Average account balance
$0
No prior year
Annual return
16.52%
-1.25 pp from 2017

Benchmarks

Peer group
Industryany (size+type match)
Plan typeDefined benefit
Participants5,000-9,999
Cohort186 peers
Snapshot2024
Participant deferral / active EE
$0
median $247
Employer contribution / active EE
$3,222
median $6,320
Participation rate
0.0%
median 0.0%
Avg account balance
$0
Admin fee / account holder
$0
Annual return
16.52%
median 6.71%
Overall peer rank
55th percentileavg across 6 metrics

Analytics

2016 - 2024
Total assets (EOY)
Plan-year ending balance
$3.84B
Average account balance
Total assets / participants with a balance (line 6g)
$89K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
36,745
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
$21.20M
Contributions per participant
Average employer and participant contribution per enrolled participant
$3K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+16.52%
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
CONDUENT8 years
Service code 13 · EIN 32-0293031
Contract Administrator
$929,950
Service code 11 · EIN 53-0181291
Actuarial
$106,691
Service code 10 · EIN 13-5381590
Accounting
$34,671
Service code 29 · EIN 52-1219029
Legal
$5,210

Enrolled actuary

1 attachment
SB

CHARLES WENNER, ASA, EA

WILLIS TOWERS WATSON US LLC
Enrollment #2308571
8400 NORMANDALE LAKE BOULEVARD
SUITE 1700
MINNEAPOLIS, MN 554373837
(952) 842-7000
Signed 2025-06-20

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 codes1B1I3F3H
Plan features
  • 1B
    Benefits are primarily flat dollar
    Benefits are primarily a flat dollar amount (including a dollar amount per year of service).
  • 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
  • OpportunityLow employer contribution

    Employer contribution per participant is in the bottom quintile of the peer cohort.

  • 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
$14.4M
$2186 / participant
  • Legal$5K0.0%
  • Actuarial$107K0.7%
  • Contract admin$705K4.9%
  • Other / not subdivided$14M94.3%
% of EOY assets
0.374%
all-in expense ratio
Categories reported
3 / 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
$34,671
Opinion code
Unqualified