BrightScope Rating
Company:
Southwest Airlines Co.
Plan:
Southwest Airlines Co. 401k Plan
Southwest Airlines Co.
71
Plan:
10
54
93
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 22 point difference between this plan's BrightScope Rating (71) and the top rated plan (93) could equate to:
[How is this calculated?]
[How is this calculated?]
16 additional years of work Up to $293,100 in lost retirement savings.The delay in retirement calculations apply solely to this defined contribution plan
and do not take into account other retirement plans and programs offered by this employer.
Plan Description
Southwest Airlines Co. 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 71, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Total Plan Cost and Account Balances. Southwest Airlines Co. 401k Plan currently has over 31,300 active participants and over $2.0B in plan assets.
Plan Details
| Address | 2702 Love Field Dr Dallas, TX 75235 |
| Industry | Air Transportation |
| Administrator | Scott Topping, Member Ps/401K Commi |
| Net Plan Assets | $2,070,000,000 |
| Total Participants | 34,000 |
| Avg Account Balance | $62,000 |
Top 3 Investment Holdings
| 1. | Dodge & Cox Stock | 31% |
| 2. | Harbor Capital Appreciation | 17% |
| 3. | American Funds EuroPacific Growth | 13% |
Other Companies in Peer Group
| United Airlines (UAL Corp.) | 90.4 |
| Northwest Airlines | 70.0 |
| BNSF Railway Company | 69.1 |
| Continental Airlines | 57.9 |
| United Airlines (UAL Corp.) | 56.5 |
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