Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

XPRESSAVINGS 401(K) PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

U.S. XPRESS ENTERPRISES, INC.

This Profit Sharing plan holds $100M in total assets and serves 5,966 participants as of 2022. It is sponsored by U.S. XPRESS ENTERPRISES, INC. in Tennessee. The plan reported a net loss of $11M for the year.

Total Assets (2023)
$100M
Participants
5,966
State
Industry
Transportation & Warehousing

What the Filing Says About XPRESSAVINGS 401(K) PLAN

XPRESSAVINGS 401(K) PLAN is a Profit Sharing retirement plan sponsored by U.S. XPRESS ENTERPRISES, INC., headquartered in Tennessee. As of the 2022 Form 5500 filing, the plan reports $100M in total end-of-year assets and covers 5,966 participants across the Transportation & Warehousing industry. The sponsor's EIN on file with the U.S. Department of Labor is 621378182, and the plan has been effective since 1993-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $111M at the beginning of 2022 to $100M at year-end — a decline of 9.9%. Net assets (after liabilities) closed the year at $100M, with reported net income of $-11,159,539 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$111M
Total Assets (End of Year)$100M
Net Assets (End of Year)$100M
Net Income$-11,159,539
Plan TypeProfit Sharing
Employer EIN621378182
Plan Effective Date1993-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (U.S. XPRESS ENTERPRISES, INC.)

Year Plans Participants Total Assets
2022 1 5,966 $100M
2023 1 7,799 $118M
2024 1 6,927 N/A

Nearby Profit Sharing Plans in Tennessee

Peer Profit Sharing plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the XPRESSAVINGS 401(K) PLAN?
As of the 2022 Form 5500 filing, XPRESSAVINGS 401(K) PLAN holds $100M in total assets with 5,966 participants. It is sponsored by U.S. XPRESS ENTERPRISES, INC..
What type of plan is XPRESSAVINGS 401(K) PLAN?
XPRESSAVINGS 401(K) PLAN is a Profit Sharing plan. It has been effective since 1993-01-01. The plan is filed with the U.S. Department of Labor under EIN 621378182.
Who sponsors the XPRESSAVINGS 401(K) PLAN?
XPRESSAVINGS 401(K) PLAN is sponsored by U.S. XPRESS ENTERPRISES, INC., located in Tennessee. The sponsor's EIN is 621378182 and the plan operates in the Transportation & Warehousing industry.
How did XPRESSAVINGS 401(K) PLAN perform in 2022?
XPRESSAVINGS 401(K) PLAN declined by 9.9% during 2022, moving from $111M to $100M in total assets. Net income was $-11,159,539.
Where can I find official filings for XPRESSAVINGS 401(K) PLAN?
Official Form 5500 filings for XPRESSAVINGS 401(K) PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 621378182 or plan name at efast.dol.gov.
How does XPRESSAVINGS 401(K) PLAN compare to other plans?
You can compare XPRESSAVINGS 401(K) PLAN against other Profit Sharing plans on the plan type page, or view plans in Tennessee on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 621378182.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.