ESOP · DOL Form 5500 · 2022

Old Dominion Freight Line, Inc. ESOP

Data updated 2026-08-25

$1.8B
Total assets Very large vs avg
24,080
Participants Very large workforce
99th
Percentile by assets National rank
$74,517
Avg per participant Below avg balance/head
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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.

  • #3,835 in Transportation & Warehousing (3,876 peers)

Coverage in North Carolina

Old Dominion 401(k) Retirement Plan covers 24,080 participants in North Carolina, 29x the typical North Carolina plan (state average ~819 per filing). Assets: $1.8B.

#3,835
in Transportation & Warehousing (3,876 peers)
-11.1%
assets change YoY
18×
vs typical plan assets (national mean)

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.

Old Dominion 401(k) Retirement Plan's outsized position by total assets

Old Dominion 401(k) Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$1,794,370,156 Top 1% higher than 99% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Old Dominion 401(k) Retirement Plan's mega-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Old Dominion 401(k) Retirement Plan is a mega filing (24,080 participants), the rightmost band on the breakdown.

Plan-year Form 5500 strip

Filing strip 560751714 · Old Dominion Freight Line, Inc. PY 2022 · ESOP

Old Dominion 401(k) Retirement Plan · $1.8B · 24,080 · 99th

  • RANK $1.8B
  • PHOTO 24,080
  • IND 99th
  • EOY ESOP
  • 5500 near W.L. Gore & Associates, Inc. Restated Associate Stock Ownership Plan
  • ASSETS ind #3835

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with What is an ESOP? → · Plans in North Carolina →

Old Dominion 401(k) Retirement Plan in the asset neighbourhood

W.L. Gore & Associates, Inc. Restated Associate Stock Ownership PlanW.L. Gore & Associates, Inc.…$1.8BOld Dominion 401(k) Retirement PlanOld Dominion 401(k) Retireme…$1.8BSchweitzer Engineering Laboratories, Inc. Employee Stock Ownership PlanSchweitzer Engineering Labor…$1.8BOri 401(k) Savings and Profit Sharing PlanOri 401(k) Savings and Profi…$1.7BJasper Holdings, Inc Employee Stock Ownership Plan and TrustJasper Holdings, Inc Employe…$1.5B
End-of-year total assets ($B) among Old Dominion 401(k) Retirement Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

North Carolina filing particulars

Total Assets (Beginning of Year)$2.0B
Net Assets (End of Year)$1.8B
Net Income-$225M
Employer EIN560751714
Plan Effective Date1983-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Old Dominion Freight Line, Inc.)

Sponsor-wide plan assets over time

All Old Dominion Freight Line, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$2.4B 33.55064778507161% vs 2022
2024 filing year
$1.6B$1.8B$2B$2.2B$2.4B$2.6B 202220232024 $1.79B $2.4B ▲ +34.1%
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 Scatter plot of 6 data points. -100000100002000030000 -0.500.511.52 Total assets ($B) Participants Old Dominion 401(k) Retirement Plan, Total assets ($B): 1.794370156 · Participants: 24080Old Dominion 401(k) Retirement PlanColumbia Forest Products, Inc. Employee Stock Ownership Plan and Trust, Total assets ($B): 0.183667115 · Participants: 1322Columbia Forest Products, Inc. Employee Stock Ownership Plan and TrustState Utility Contractors, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.082312735 · Participants: 147State Utility Contractors, Inc. Employee Stock Ownership PlanRobert E. Mason & Associates, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.077703602 · Participants: 250Robert E. Mason & Associates, Inc. Employee Stock Ownership PlanMckim & Creed, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.071758417 · Participants: 790Mckim & Creed, Inc. Employee Stock Ownership PlanEcmd, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.067453423 · Participants: 900Ecmd, Inc. Employee Stock Ownership Plan
Old Dominion 401(k) Retirement Plan vs. nearby ESOP plans in North Carolina, assets vs. participants

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 $12.3T held by all Form 5500 filers in the national rollup , and 0.026% of 93,925,755 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's out-of-state ESOP peers by assets and headcount

Outside North Carolina, the nearest ESOP by assets is W.L. Gore & Associates, Inc. Restated Associate Stock Ownership Plan in DE ($1.8B); by covered participants it is Wawa, Inc. Employee Stock Ownership Plan in PA (22,323 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (24,080 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Old Dominion 401(k) Retirement Plan assets move in 2022? ▼
Old Dominion 401(k) Retirement Plan pulled back noticeably - down 11.1% during 2022, from $2.0B to $1.8B. Reported net income was -$225M.
How have Old Dominion Freight Line, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Old Dominion Freight Line, Inc.'s sponsor-wide assets grew 33.6%, from $1.8B to $2.4B.
Where does Old Dominion 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
Old Dominion 401(k) Retirement Plan ranks in the 99th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which ESOP plans are similar in size to Old Dominion 401(k) Retirement Plan? ▼
Among ESOP plans in other states, the closest by assets is W.L. Gore & Associates, Inc. Restated Associate Stock Ownership Plan in DE ($1.8B, 7,617 participants).
Which ESOP plans cover a similar participant headcount to Old Dominion 401(k) Retirement Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Wawa, Inc. Employee Stock Ownership Plan in PA (22,323 participants, $4.5B in assets).