Alaska Air Group, Inc. 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2019. The plan may have been terminated, merged into another plan, or moved to a new sponsor. Everything below comes from its last filing on record.

Alaska Air Group, Inc. 401(k) Plan Facts (plan year 2019)

Plan name
ALASKA AIR GROUP, INC. , ALASKASAVER PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
ALASKA AIR GROUP, INC.
Participants
3,706 (2,655 active employees)
Former employees with a balance
1,121
Plan assets
$548,001,899 at Dec 31, 2019
Average account balance
$144,363 across 3,796 accounts
Employer contributions
$15,383,265 in plan year 2019 (38% of all contributions)
Recordkeeper
The Vanguard Group, Inc.
Plan year
Jan 1, 2019 – Dec 31, 2019
Plan established
Sep 1, 1984
Employer contributions Automatic enrollment Default investment for undecided participants Participants choose their own investments Self-directed brokerage window Profit sharing Company stock (ESOP)

Source: Form 5500 for plan year 2019 (Jan 1, 2019 – Dec 31, 2019), filed Oct 15, 2020. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2019

  • $40.6 million went into the plan in contributions, $15.4 million of it from the employer (38%).
  • $38.4 million was paid out to participants.
  • Investment and other income added $97.5 million.
  • Administrative expenses were $350,655, about $92 per account.

How the Alaska Air Group, Inc. 401(k) changed, 20142019

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20142,156$296.3 million$10.8 million$13.0 million
20152,336$317.0 million$11.2 million$19.9 million
20162,439$355.6 million$12.0 million$18.7 million
20172,564$417.1 million$13.1 million$17.3 million
20182,915$447.1 million$15.8 million$41.1 million
20193,706$548.0 million$15.4 million$38.4 million

Alaska Air Group, Inc. 401(k) Contact Information

Phone
206-392-5042
Mailing address
PO BOX 68900 - SEAHB, SEATTLE WA 981680900
Plan sponsor
ALASKA AIR GROUP, INC.
Employer identification number (EIN)
91-1292054
Plan number
010

Questions about the Alaska Air Group, Inc. 401(k)

Is the Alaska Air Group, Inc 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2019, and no later filing was found under this employer's EIN.

Does Alaska Air Group, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2019 the employer contributed $15.4 million, 38% of all contributions.

Does the Alaska Air Group, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Alaska Air Group, Inc 401(k) plan?

3,706 participants at the start of plan year 2019, 2,655 of them active employees, and 1,121 former employees who still had money in the plan.

What is the average 401(k) balance at Alaska Air Group, Inc?

About $144,363 per account: $548.0 million in plan assets across 3,796 accounts with a balance at the end of plan year 2019.

Who manages the Alaska Air Group, Inc 401(k) accounts?

Vanguard (listed on the filing as THE VANGUARD GROUP, INC.) is the plan's recordkeeper, which is where participants log in to see their balance.

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