401(k) · DOL Form 5500 · 2022
Averitt Express, Inc. 401(k) Plan
Data updated 2026-08-11
- $602M
- Total assets
- 8,690
- Participants
- 98th
- Percentile by assets
- $69,249
- Avg per participant
Official DOL plan name: Averitt Express 401(k) & Profit Sharing Plan · Sponsored by Averitt Express, Inc. · Tennessee · Transportation & Warehousing
$602M in assets, 8,690 participants
Averitt Express, Inc.'s Averitt Express 401(k) & Profit Sharing Plan reported $602M in total assets and 8,690 participants in its 2022 DOL Form 5500 filing, ranking in the 98th 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.
- 98th percentile by assets (of 139,126 plans)
- #3,773 in Transportation & Warehousing (3,876 peers)
Coverage in Tennessee
Averitt Express 401(k) & Profit Sharing Plan covers 8,690 participants in Tennessee, 7.7x the typical Tennessee plan (state average ~1,126 per filing). Assets: $602M.
- $602M
- total plan assets (2022 EOY)
- 8,690
- covered participants
- 98th
- percentile by assets (of 139,126 plans)
- $69,249
- avg assets per participant
The plan reported a net loss of $56M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs Tennessee filers
In Tennessee, the average filing covers about 1,126 participants across 2,384 plans. Averitt Express 401(k) & Profit Sharing Plan reports 8,690 participants - 7.7x that state average ($602M EOY assets).
Tennessee filing particulars
| Total Assets (Beginning of Year) | $658M |
|---|---|
| Net Assets (End of Year) | $602M |
| Net Income | -$56M |
| Employer EIN | 620755421 |
| Plan Effective Date | 1993-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Averitt Express, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 8,690 | $602M |
| 2023 | 1 | 9,257 | $693M |
| 2024 | 1 | 8,647 | $775M |
Nearby 401(k) Plans in Tennessee
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Averitt Express 401(k) & Profit Sharing Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants
- Fedex Corporation Retirement Savings Plan $21.0B · 220,835
- Hca 401(k) Plan $18.7B · 280,576
- International Paper Company Salaried Savings Plan $4.2B · 11,839
- Federal Express Corporation Pilots Retirement Savings Plan $4.0B · 5,305
- Chs/Community Health Systems, Inc. Retirement Savings Plan $4.0B · 62,485
Scale composition for Averitt Express 401(k) & Profit Sharing Plan
Averitt Express 401(k) & Profit Sharing Plan reports $602M in end-of-year assets across 8,690 participants (0.005% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.009% of 93,925,755 covered participants) - about $69,249 per participant (50% of the national average assets-per-participant) . Net income for plan year 2022 was -$56M.
This plan identity (EIN 620755421, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $602M to $775M (+28.8%) while covered participants moved from 8,690 to 8,647 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 8,690 | $602M | This page |
| 2023 | 9,257 | $693M | Open filing |
| 2024 · index core | 8,647 | $775M | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Averitt Express, Inc. Profit Sharing and 401(k) Plan (401(k), $775M, 8,647 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Averitt Express 401(k) & Profit Sharing Plan by total assets, not by location.
- Coherent Corp. 401(k) Profit Sharing Plan (PA) $601M · 3,552
- The Gates Matchmaker Plan (CO) $601M · 3,903
- Bt U.S. Retirement Savings Plan 401(k) (TX) $603M · 1,039
- Corelogic, Inc. 401(k) Savings Plan (CA) $601M · 4,364
Frequently Asked Questions
How did Averitt Express 401(k) & Profit Sharing Plan assets move in 2022? ▼
How have Averitt Express, Inc. plan assets changed over time? ▼
Where does Averitt Express 401(k) & Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Averitt Express 401(k) & Profit Sharing Plan? ▼
Next read for Averitt Express 401(k) & Profit Sharing …
Filing takeaways
Ways to act on Averitt Express 401(k) & Profit Sharing Plan's numbers.
- By total assets, Averitt Express 401(k) & Profit Sharing Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Tennessee. Compare plans
- Averitt Express, Inc.'s sponsor-wide assets have grown 28.8% since 2022 across 3 plan years on file. More Transportation & Warehousing plans