ESOP · DOL Form 5500 · 2022
Old Dominion Freight Line, Inc. ESOP
Data updated 2026-08-06
- $1.8B
- Total assets
- 24,080
- Participants
- 99th
- Percentile by assets
- $74,517
- Avg per participant
Official DOL plan name: Old Dominion 401(k) Retirement Plan · Sponsored by Old Dominion Freight Line, Inc. · North Carolina · Transportation & Warehousing
$1.8B in assets, 24,080 participants
Old Dominion Freight Line, Inc.'s Old Dominion 401(k) Retirement Plan reported $1.8B in total assets and 24,080 participants in its 2022 DOL Form 5500 filing, ranking in the 99th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- 99th percentile by assets (of 139,258 plans)
- #3,843 in Transportation & Warehousing (3,884 peers)
Coverage in North Carolina
Old Dominion 401(k) Retirement Plan covers 24,080 participants in North Carolina, 28x the typical North Carolina plan (state average ~846 per filing). Assets: $1.8B.
- $1.8B
- total plan assets (2022 EOY)
- 24,080
- covered participants
- 99th
- percentile by assets (of 139,258 plans)
- $74,517
- avg assets per participant
The plan reported a net loss of $225M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs North Carolina filers
In North Carolina, the average filing covers about 846 participants across 3,325 plans. Old Dominion 401(k) Retirement Plan reports 24,080 participants - 28x that state average ($1.8B EOY assets).
North Carolina filing particulars
| Total Assets (Beginning of Year) | $2.0B |
|---|---|
| Net Assets (End of Year) | $1.8B |
| Net Income | -$225M |
| Employer EIN | 560751714 |
| Plan Effective Date | 1983-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Old Dominion Freight Line, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 24,080 | $1.8B |
| 2023 | 1 | 24,400 | $2.3B |
| 2024 | 1 | 23,235 | $2.4B |
Nearby ESOP Plans in North Carolina
Peer ESOP plans, same state, same plan type, ranked by total assets.
Old Dominion 401(k) Retirement Plan vs. nearby ESOP plans in North Carolina, assets vs. participants
- Columbia Forest Products, Inc. Employee Stock Ownership Plan and Trust $184M · 1,322
- State Utility Contractors, Inc. Employee Stock Ownership Plan $82M · 147
- Robert E. Mason & Associates, Inc. Employee Stock Ownership Plan $78M · 250
- Mckim & Creed, Inc. Employee Stock Ownership Plan $72M · 790
- Ecmd, Inc. Employee Stock Ownership Plan $67M · 900
Scale composition for Old Dominion 401(k) Retirement Plan
Old Dominion 401(k) Retirement Plan reports $1.8B in end-of-year assets across 24,080 participants (0.015% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.027% of 89,805,449 covered participants) - about $74,517 per participant (54% of the national average assets-per-participant) . Net income for plan year 2022 was -$225M.
This plan identity (EIN 560751714, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.8B to $2.4B (+33.6%) while covered participants moved from 24,080 to 23,235 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 24,080 | $1.8B | This page |
| 2023 | 24,400 | $2.3B | Open filing |
| 2024 · index core | 23,235 | $2.4B | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Old Dominion 401(k) Retirement Plan (401(k), $2.4B, 23,235 participants)
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Old Dominion 401(k) Retirement Plan by total assets, not by location.
- W.L. Gore & Associates, Inc. Restated Associate Stock Ownership Plan (DE) $1.8B · 7,617
- Schweitzer Engineering Laboratories, Inc. Employee Stock Ownership Plan (WA) $1.8B · 3,621
- Ori 401(k) Savings and Profit Sharing Plan (IL) $1.7B · 10,023
- Jasper Holdings, Inc Employee Stock Ownership Plan and Trust (IN) $1.5B · 3,842
Frequently Asked Questions
How did Old Dominion 401(k) Retirement Plan assets move in 2022? ▼
How have Old Dominion Freight Line, Inc. plan assets changed over time? ▼
Where does Old Dominion 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
Which ESOP plans are similar in size to Old Dominion 401(k) Retirement Plan? ▼
Next read for Old Dominion 401(k) Retirement Plan
Filing takeaways
Ways to act on Old Dominion 401(k) Retirement Plan's numbers.
- By total assets, Old Dominion 401(k) Retirement Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in North Carolina. Compare plans
- Old Dominion Freight Line, Inc.'s sponsor-wide assets have grown 33.6% since 2022 across 3 plan years on file. More Transportation & Warehousing plans