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ALASKA AIRLINES, INC., ALASKASAVER PLAN 401k Plan overview

Plan NameALASKA AIRLINES, INC., ALASKASAVER PLAN
Plan identification number 017

ALASKA AIRLINES, INC., ALASKASAVER PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

ALASKA AIRLINES, INC. has sponsored the creation of one or more 401k plans.

Company Name:ALASKA AIRLINES, INC.
Employer identification number (EIN):920009235
NAIC Classification:481000
NAIC Description: Air Transportation

Additional information about ALASKA AIRLINES, INC.

Jurisdiction of Incorporation: Alaska Department Commerce, Community & Economic Development
Incorporation Date: 1937-12-09
Company Identification Number: 1127D
Legal Registered Office Address: 19300 INTERNATIONAL BLVD

SEATTLE
United States of America (USA)
98188

More information about ALASKA AIRLINES, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan ALASKA AIRLINES, INC., ALASKASAVER PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0172022-01-01
0172021-01-01
0172020-01-01

Plan Statistics for ALASKA AIRLINES, INC., ALASKASAVER PLAN

401k plan membership statisitcs for ALASKA AIRLINES, INC., ALASKASAVER PLAN

Measure Date Value
2022: ALASKA AIRLINES, INC., ALASKASAVER PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-013,938
Total number of active participants reported on line 7a of the Form 55002022-01-012,748
Number of retired or separated participants receiving benefits2022-01-0177
Number of other retired or separated participants entitled to future benefits2022-01-011,538
Total of all active and inactive participants2022-01-014,363
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-0134
Total participants2022-01-014,397
Number of participants with account balances2022-01-014,318
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-01188
2021: ALASKA AIRLINES, INC., ALASKASAVER PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-013,796
Total number of active participants reported on line 7a of the Form 55002021-01-012,449
Number of retired or separated participants receiving benefits2021-01-0166
Number of other retired or separated participants entitled to future benefits2021-01-011,396
Total of all active and inactive participants2021-01-013,911
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-0127
Total participants2021-01-013,938
Number of participants with account balances2021-01-013,867
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-01138
2020: ALASKA AIRLINES, INC., ALASKASAVER PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-013,859
Total number of active participants reported on line 7a of the Form 55002020-01-012,353
Number of retired or separated participants receiving benefits2020-01-0160
Number of other retired or separated participants entitled to future benefits2020-01-011,361
Total of all active and inactive participants2020-01-013,774
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-0122
Total participants2020-01-013,796
Number of participants with account balances2020-01-013,732
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-01140

Financial Data on ALASKA AIRLINES, INC., ALASKASAVER PLAN

Measure Date Value
2022 : ALASKA AIRLINES, INC., ALASKASAVER PLAN 2022 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2022-12-31$-3,003,018
Total unrealized appreciation/depreciation of assets2022-12-31$-3,003,018
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Total income from all sources (including contributions)2022-12-31$-71,363,496
Total loss/gain on sale of assets2022-12-31$-204,292
Total of all expenses incurred2022-12-31$46,926,200
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$46,463,831
Expenses. Certain deemed distributions of participant loans2022-12-31$18,606
Value of total corrective distributions2022-12-31$13,329
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$42,683,284
Value of total assets at end of year2022-12-31$570,232,939
Value of total assets at beginning of year2022-12-31$688,522,635
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$430,434
Total interest from all sources2022-12-31$192,534
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$5,414,155
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2022-12-31$5,414,155
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$5,000,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$25,560,102
Participant contributions at end of year2022-12-31$3,338,066
Participant contributions at beginning of year2022-12-31$3,515,926
Participant contributions at end of year2022-12-31$832,556
Participant contributions at beginning of year2022-12-31$740,047
Assets. Other investments not covered elsewhere at end of year2022-12-31$904,008
Assets. Other investments not covered elsewhere at beginning of year2022-12-31$1,289,946
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$1,089,123
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2022-12-31$77,850
Other income not declared elsewhere2022-12-31$-253,286
Administrative expenses (other) incurred2022-12-31$430,434
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-118,289,696
Value of net assets at end of year (total assets less liabilities)2022-12-31$570,232,939
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$688,522,635
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$126,455,091
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$209,958,095
Interest on participant loans2022-12-31$192,534
Value of interest in common/collective trusts at end of year2022-12-31$424,012,943
Value of interest in common/collective trusts at beginning of year2022-12-31$452,338,824
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-37,690,405
Net investment gain or loss from common/collective trusts2022-12-31$-78,502,468
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31Yes
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Assets. Invements in employer securities at end of year2022-12-31$14,076,729
Assets. Invements in employer securities at beginning of year2022-12-31$20,141,689
Contributions received in cash from employer2022-12-31$16,034,059
Employer contributions (assets) at end of year2022-12-31$613,546
Employer contributions (assets) at beginning of year2022-12-31$538,108
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$46,385,981
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Aggregate proceeds on sale of assets2022-12-31$2,857,649
Aggregate carrying amount (costs) on sale of assets2022-12-31$3,061,941
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31CLARK NUBER PS
Accountancy firm EIN2022-12-31911194016
2021 : ALASKA AIRLINES, INC., ALASKASAVER PLAN 2021 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2021-12-31$30,902
Total unrealized appreciation/depreciation of assets2021-12-31$30,902
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total income from all sources (including contributions)2021-12-31$125,256,961
Total loss/gain on sale of assets2021-12-31$279,276
Total of all expenses incurred2021-12-31$38,316,477
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$37,829,193
Expenses. Certain deemed distributions of participant loans2021-12-31$35,575
Value of total corrective distributions2021-12-31$13,128
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$39,183,202
Value of total assets at end of year2021-12-31$688,522,635
Value of total assets at beginning of year2021-12-31$601,582,151
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$438,581
Total interest from all sources2021-12-31$208,352
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$9,298,835
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2021-12-31$9,298,835
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$5,000,000
If this is an individual account plan, was there a blackout period2021-12-31No
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$23,278,713
Participant contributions at end of year2021-12-31$3,515,926
Participant contributions at beginning of year2021-12-31$3,840,290
Participant contributions at end of year2021-12-31$740,047
Participant contributions at beginning of year2021-12-31$668,742
Assets. Other investments not covered elsewhere at end of year2021-12-31$1,289,946
Assets. Other investments not covered elsewhere at beginning of year2021-12-31$905,168
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$1,542,006
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2021-12-31$1,707
Other income not declared elsewhere2021-12-31$95,647
Administrative expenses (other) incurred2021-12-31$438,581
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$86,940,484
Value of net assets at end of year (total assets less liabilities)2021-12-31$688,522,635
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$601,582,151
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$209,958,095
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$228,464,398
Interest on participant loans2021-12-31$208,352
Value of interest in common/collective trusts at end of year2021-12-31$452,338,824
Value of interest in common/collective trusts at beginning of year2021-12-31$345,453,885
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$19,226,411
Net investment gain or loss from common/collective trusts2021-12-31$56,934,336
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31Yes
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Assets. Invements in employer securities at end of year2021-12-31$20,141,689
Assets. Invements in employer securities at beginning of year2021-12-31$21,752,554
Contributions received in cash from employer2021-12-31$14,362,483
Employer contributions (assets) at end of year2021-12-31$538,108
Employer contributions (assets) at beginning of year2021-12-31$497,114
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$37,827,486
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Aggregate proceeds on sale of assets2021-12-31$1,931,189
Aggregate carrying amount (costs) on sale of assets2021-12-31$1,651,913
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31CLARK NUBER PS
Accountancy firm EIN2021-12-31911119401
2020 : ALASKA AIRLINES, INC., ALASKASAVER PLAN 2020 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2020-12-31$-6,554,472
Total unrealized appreciation/depreciation of assets2020-12-31$-6,554,472
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total income from all sources (including contributions)2020-12-31$107,897,555
Total loss/gain on sale of assets2020-12-31$-1,229,480
Total of all expenses incurred2020-12-31$54,317,303
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$53,941,890
Expenses. Certain deemed distributions of participant loans2020-12-31$-2,252
Value of total corrective distributions2020-12-31$5,243
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$39,507,887
Value of total assets at end of year2020-12-31$601,582,151
Value of total assets at beginning of year2020-12-31$548,001,899
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$372,422
Total interest from all sources2020-12-31$265,002
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$7,748,343
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2020-12-31$7,576,383
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$5,000,000
If this is an individual account plan, was there a blackout period2020-12-31No
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Contributions received from participants2020-12-31$22,835,172
Participant contributions at end of year2020-12-31$3,840,290
Participant contributions at beginning of year2020-12-31$4,738,815
Participant contributions at end of year2020-12-31$668,742
Participant contributions at beginning of year2020-12-31$469
Assets. Other investments not covered elsewhere at end of year2020-12-31$905,168
Assets. Other investments not covered elsewhere at beginning of year2020-12-31$742,023
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$2,036,822
Other income not declared elsewhere2020-12-31$128,026
Administrative expenses (other) incurred2020-12-31$372,422
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$53,580,252
Value of net assets at end of year (total assets less liabilities)2020-12-31$601,582,151
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$548,001,899
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$228,464,398
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$281,414,161
Interest on participant loans2020-12-31$265,002
Value of interest in common/collective trusts at end of year2020-12-31$345,453,885
Value of interest in common/collective trusts at beginning of year2020-12-31$229,489,593
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$18,204,113
Net investment gain or loss from common/collective trusts2020-12-31$49,828,136
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Assets. Invements in employer securities at end of year2020-12-31$21,752,554
Assets. Invements in employer securities at beginning of year2020-12-31$31,615,328
Contributions received in cash from employer2020-12-31$14,635,893
Employer contributions (assets) at end of year2020-12-31$497,114
Employer contributions (assets) at beginning of year2020-12-31$1,510
Income. Dividends from common stock2020-12-31$171,960
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$53,941,890
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Aggregate proceeds on sale of assets2020-12-31$2,111,657
Aggregate carrying amount (costs) on sale of assets2020-12-31$3,341,137
Opinion of an independent qualified public accountant for this plan2020-12-31Disclaimer
Accountancy firm name2020-12-31CLARK NUBER P.S.
Accountancy firm EIN2020-12-31911119401

Form 5500 Responses for ALASKA AIRLINES, INC., ALASKASAVER PLAN

2022: ALASKA AIRLINES, INC., ALASKASAVER PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: ALASKA AIRLINES, INC., ALASKASAVER PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: ALASKA AIRLINES, INC., ALASKASAVER PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes

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