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Original filing (PDF)20250924095327NAL0008455920001
SOUTHWEST AIRLINES CO.
Form 5500
FILING_RECEIVED
SOUTHWEST AIRLINES CO. RETIREMENT SAVINGS PLAN
401(k) retirement plan
Signals · 1
6 service providers
Active participants
74,221
Accounts w/ balance
85,318
Plan assets (EOY)
$17.0B
Net assets (EOY)
$17.0B
How this plan invests
This plan
22 pooled trusts
Schedule D
25 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
100
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
100
Total plan cost
100
Vendor stack
100
Participation health
100
Helping the score
- Below-peer total fees (2 bps vs 5 bps peer median).
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for SOUTHWEST AIRLINES CO..
Plan sponsor
Name
SOUTHWEST AIRLINES CO.
EIN
74-1563240
Address
2702 LOVE FIELD DRIVE, HDQ-6TX · DALLAS, TX · 75235
Phone
(214) 792-4000
Industry
Transportation & Warehousingsee all
Plan administrator
Name
SOUTHWEST AIRLINES CO. RETIREMENT SAVINGS PLAN COMMITTEE
EIN
75-1544136
City
DALLAS, TX
Phone
(214) 792-4000
Plan characteristics
Plan number
004
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-09-24
Pension benefit codes
2E · Profit-sharing
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2J · 401(k) feature
2K · 401(m) arrangement
2R · Participant-directed brokerage (SDBA)
2S · Automatic enrollment
2T · Default investment account (QDIA)
3H · Sponsor in controlled / affiliated group
Audit & trust (Schedule H)
Auditor
CBIZ CPAS P.C.
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
6 rowsRecordkeeper
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | — | GREENWOOD VILLAGE, CO | RECORDKEEPER | $3.5M | — |
Advisor / Consultant
3| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| STATE STREET GLOBAL ADVISORS TRUST | — | BOSTON, MA | INVESTMENT ADVISOR | $31K | — |
| QDRO CONSULTANTS COMPANY | — | MEDINA, OH | CONSULTANT | $30K | — |
| NEPC LLC | 26-1429809 | — | INVESTMENT ADVISOR | $13K | — |
Broker
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| CHARLES SCHWAB & CO., INC. | 94-1737782 | — | BROKER | $12K | — |
Accountant / Auditor
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| CBIZ CPAS P.C. | 43-1947695 | — | AUDITOR | $67K | — |
Investments
6 direct securities · 22 pooled funds· $16.9B(99% of reported assets)
Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.
Common Collective Trust
$12.6B
21 holdings
Uncategorized
$3.2B
6 holdings
Master Trust
$1.1B
1 holding
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| HARBOR CAPITAL APPRECIATION CIT HARBOR TRUST COMPANY, INC. · EIN 84-4022934 / PN 001 | Common Collective Trust | — | $157.4M | $2.8B | 16.5% | |
| VFTC INSTITUTIONAL 500 INDEX TRUST VANGUARD FIDUCIARY TRUST COMPANY · EIN 81-6327546 / PN 001 | Common Collective Trust | — | $9.3M | $2.2B | 13.1% | |
| Dodge and Cox Stock Fund 8,261,776 units | — | — | $8.3M | $2.1B | 12.5% | |
| MASTER TRUST AGREEMENT FOR QUALIFIE SOUTHWEST AIRLINES CO. · EIN 74-1563240 / PN 006 | Master Trust | — | — | $1.1B | 6.4% | |
| VANGUARD TARGET RETIREMENT 2035 TRU VANGUARD FIDUCIARY TRUST COMPANY · EIN 84-6568405 / PN 001 | Common Collective Trust | — | $8.6M | $961.9M | 5.7% | |
| VANGUARD TARGET RETIREMENT 2030 TRU VANGUARD FIDUCIARY TRUST COMPANY · EIN 84-6565712 / PN 001 | Common Collective Trust | — | $8.5M | $926.1M | 5.5% | |
| VANGUARD TARGET RETIREMENT 2040 TRU VANGUARD FIDUCIARY TRUST COMPANY · EIN 84-6572691 / PN 001 | Common Collective Trust | — | $7.4M | $841.4M | 5.0% | |
| VANGUARD TARGET RETIREMENT 2045 TRU VANGUARD FIDUCIARY TRUST COMPANY · EIN 84-6574391 / PN 001 | Common Collective Trust | — | $6.6M | $762.1M | 4.5% | |
| VANGUARD TARGET RETIREMENT 2050 TRU VANGUARD FIDUCIARY TRUST COMPANY · EIN 84-6579799 / PN 001 | Common Collective Trust | — | $6.0M | $694.0M | 4.1% | |
| Southwest Airlines Co. Common Stock | — | — | $8.8M | $594.8M | 3.5% | |
| CAPITAL GROUP EUROPACIFIC GR TR US CAPITAL BANK AND TRUST COMPANY · EIN 95-6597294 / PN 661 | Common Collective Trust | — | $42.0M | $543.9M | 3.2% | |
| VANGUARD TARGET RETIREMENT 2055 TRU VANGUARD FIDUCIARY TRUST COMPANY · EIN 84-6587002 / PN 001 | Common Collective Trust | — | $4.3M | $501.3M | 3.0% | |
| VANGUARD TARGET RETIREMENT 2025 TRU VANGUARD FIDUCIARY TRUST COMPANY · EIN 84-6561512 / PN 001 | Common Collective Trust | — | $4.6M | $497.2M | 2.9% | |
| FIAM SMALL CAPITALIZATION CORE FIDELITY · EIN 20-4659714 / PN 029 | Common Collective Trust | — | $1.7M | $358.0M | 2.1% | |
| WTC CIF II CORE BOND PLUS SERIES 4 WELLINGTON TRUST COMPANY · EIN 04-6913417 / PN 199 | Common Collective Trust | — | $37.0M | $330.5M | 1.9% | |
| VANGUARD TARGET RETIREMENT 2060 TRU VANGUARD FIDUCIARY TRUST COMPANY · EIN 84-6588737 / PN 001 | Common Collective Trust | — | $2.3M | $262.6M | 1.5% | |
| Self Directed Brokerage Window Self Directed Brokerage Window — | — | — | — | $257.9M | 1.5% | |
| VANGUARD TARGET RET INCOME & GROWTH VANGUARD FIDUCIARY TRUST COMPANY · EIN 87-6432239 / PN 001 | Common Collective Trust | — | $2.5M | $247.6M | 1.5% | |
| Notes Receivable from Notes Receivable from Participants with interest rates * Participants ranging from 3.25% to 9.50% — | — | — | — | $197.6M | 1.2% | |
| VANGUARD INST EXTD MKT IDX TR VANGUARD FIDUCIARY TRUST COMPANY · EIN 81-6324211 / PN 001 | Common Collective Trust | — | $887K | $149.5M | 0.9% | |
| VANGUARD INST BOND MKT IDX TR VANGUARD FIDUCIARY TRUST COMPANY · EIN 81-6321044 / PN 001 | Common Collective Trust | — | $1.4M | $142.5M | 0.8% | |
| VANGUARD INT TOTAL INST STK MKT IDX VANGUARD FIDUCIARY TRUST COMPANY · EIN 23-3075564 / PN 001 | Common Collective Trust | — | $1.0M | $129.6M | 0.8% | |
| VANGUARD TARGET RETIREMENT 2065 TRU VANGUARD FIDUCIARY TRUST COMPANY · EIN 84-6590672 / PN 001 | Common Collective Trust | — | $770K | $89.7M | 0.5% | |
| VANGUARD TARGET RETIREMENT 2070 TRU VANGUARD FIDUCIARY TRUST COMPANY · EIN 88-6098744 / PN 001 | Common Collective Trust | — | $646K | $89.4M | 0.5% | |
| Vanguard Short-term Inflation Protected Index Fund 2,550,744 units | — | — | $2.6M | $62.0M | 0.4% | |
| Morgan Stanley Institutional Liquidity Government Fund 12,358,197 units | — | — | $12.4M | $12.4M | <0.1% | |
| VANGUARD TARGET RETIREMENT INCOME T VANGUARD FIDUCIARY TRUST COMPANY · EIN 84-6551878 / PN 001 | Common Collective Trust | — | — | $0 | <0.1% | |
| VANGUARD TARGET RETIREMENT 2020 TRU VANGUARD FIDUCIARY TRUST COMPANY · EIN 84-6557902 / PN 001 | Common Collective Trust | — | — | $0 | <0.1% |