Southwest Airlines Pilots Association
| Plan name | Southwest Airlines Pilots Association |
| Location | Dallas, Texas |
| Asset size ($MM) | >$8 billion |
| Participants | 10,600 |
| Industry | Airline |
| Participation rate | 100% |
| Average deferral rate | 14% |
| # of funds offered | 17 |
| Investment review | |
| True-up match | Not applicable |
| Match vesting period | Immediately upon enrollment |
| Eligibility | Immediately upon hire |
| Default deferral rate | 3% |
| Default investment | Target-date Fund (all types) |
| Automatic escalation | Yes - but participation is voluntary and participants must opt in to auto escalation |
| Systematic withdrawals | |
| Fee equalization | No, and we have no plans to research this in the short-term |
| Match Rate | Other |
| % receiving full match | All or nearly all participants (90% or more) |
| Maximum employer contribution | 15% |
| Financial Education | |
Saving/Budgeting | |
Investing strategies | |
College saving | |
Credit/Debt management | |
Tax/Estate planning | |
Retiree health costs/savings options |
| Recordkeeper | Charles Schwab |
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