401(k) · DOL Form 5500 · 2022

Covenant Transport, Inc. 401(k) Plan

Data updated 2026-08-25

$60M
Total assets Below avg plan size
3,052
Participants Above avg headcount
89th
Percentile by assets National rank
$19,597
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Covenant Transportation Group 401(k) & Profit Sharing Plan · Sponsored by Covenant Transport, Inc. · Tennessee · Transportation & Warehousing

$60M in assets, 3,052 participants

Covenant Transport, Inc.'s Covenant Transportation Group 401(k) & Profit Sharing Plan reported $60M in total assets and 3,052 participants in its 2022 DOL Form 5500 filing, ranking in the 89th 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.

  • #3,419 in Transportation & Warehousing (3,876 peers)

Coverage in Tennessee

Covenant Transportation Group 401(k) & Profit Sharing Plan covers 3,052 participants in Tennessee, 2.7x the typical Tennessee plan (state average ~1,126 per filing). Assets: $60M.

#3,419
in Transportation & Warehousing (3,876 peers)
-14.6%
assets change YoY
0.6×
vs typical plan assets (national mean)

The plan reported a net loss of $10M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Covenant Transportation Group 401(k) & Profit Sharing Plan's outsized position by total assets

Covenant Transportation Group 401(k) & Profit Sharing Plan vs every filed plan by assets

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

$59,811,025 Top 11% higher than 89% 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

Covenant Transportation Group 401(k) & Profit Sharing Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Covenant Transportation Group 401(k) & Profit Sharing Plan lands in the large band (3,052 participants).

Published 5500 schedule card

Filing strip 880320154 · Covenant Transport, Inc. PY 2022 · 401(k)

Covenant Transportation Group 401(k) & Profit Sharing Plan · $60M · 3,052 · 89th

  • BOY $60M
  • BOY 3,052
  • BOY 89th
  • BOY 401(k)
  • BOY near Royal Realty Corporation Employees 401(k) Plan
  • BOY ind #3419

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 Transportation & Warehousing retirement plans → · Plans in Tennessee →

Covenant Transportation Group 401(k) & Profit Sharing Plan in the asset neighbourhood

Veritext LLC 401(k) Savings PlanVeritext LLC 401(k) Savings …$60MNeuro Rehab Assoc. D/B/a Northeast Rehab 401(k) PlanNeuro Rehab Assoc. D/B/a Nor…$60MTechnic, Inc. 401(k) Plan$60MCovenant Transportation Group 401(k) & Profit Sharing PlanCovenant Transportation Grou…$60MRoyal Realty Corporation Employees 401(k) PlanRoyal Realty Corporation Emp…$60M
End-of-year total assets ($M) among Covenant Transportation Group 401(k) & Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Tennessee filing particulars

Total Assets (Beginning of Year)$70M
Net Assets (End of Year)$60M
Net Income-$10M
Employer EIN880320154
Plan Effective Date1994-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Covenant Transport, Inc.)

Sponsor-wide plan assets over time

All Covenant Transport, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$79M 32.78130411575458% vs 2022
2024 filing year
$50M$60M$70M$80M$90M 202220232024 $59.8M $79.4M ▲ +32.8%
Year Plans Participants Total Assets
2022 1 3,052 $60M
2023 1 3,085 $70M
2024 1 3,096 $79M

Nearby 401(k) Plans in Tennessee

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Covenant Transportation Group 401(k) & Profit Sharing Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -50510152025 Total assets ($B) Participants Covenant Transportation Group 401(k) & Profit Sharing Plan, Total assets ($B): 0.059811025 · Participants: 3052Covenant Transportation Group 401(k) & Profit Sharing PlanFedex Corporation Retirement Savings Plan, Total assets ($B): 21.031401128 · Participants: 220835Fedex Corporation Retirement Savings PlanHca 401(k) Plan, Total assets ($B): 18.669830548 · Participants: 280576Hca 401(k) PlanInternational Paper Company Salaried Savings Plan, Total assets ($B): 4.178827147 · Participants: 11839International Paper Company Salaried Savings PlanFederal Express Corporation Pilots Retirement Savings Plan, Total assets ($B): 4.035859621 · Participants: 5305Federal Express Corporation Pilots Retirement Savings PlanChs/Community Health Systems, Inc. Retirement Savings Plan, Total assets ($B): 4.015461486 · Participants: 62485Chs/Community Health Systems, Inc. Retirement Savings Plan
Covenant Transportation Group 401(k) & Profit Sharing Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants
Compare Covenant Transportation Group 401(k) & Profit Sharing Plan side-by-side with 3 peers →

Covenant Transportation Group 401(k) & Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Tennessee, the nearest 401(k) by assets is Royal Realty Corporation Employees 401(k) Plan in NY ($60M); by covered participants it is Imagine Learning LLC 401(k) Plan in AZ (3,053 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($60M here).

Similar participant headcount

Nearest other-state filings by covered participants (3,052 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 Covenant Transportation Group 401(k) & Profit Sharing Plan assets move in 2022? ▼
Covenant Transportation Group 401(k) & Profit Sharing Plan pulled back noticeably - down 14.6% during 2022, from $70M to $60M. Reported net income was -$10M.
How have Covenant Transport, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Covenant Transport, Inc.'s sponsor-wide assets grew 32.8%, from $60M to $79M.
Where does Covenant Transportation Group 401(k) & Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Covenant Transportation Group 401(k) & Profit Sharing Plan ranks in the 89th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Covenant Transportation Group 401(k) & Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Royal Realty Corporation Employees 401(k) Plan in NY ($60M, 344 participants).
Which 401(k) plans cover a similar participant headcount to Covenant Transportation Group 401(k) & Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Imagine Learning LLC 401(k) Plan in AZ (3,053 participants, $90M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 880320154.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.