401(k) · DOL Form 5500 · 2022

Firstgroup America, Inc. 401(k) Plan

Data updated 2026-08-25

$308M
Total assets Above avg plan size
46,790
Participants Very large workforce
97th
Percentile by assets National rank
$6,592
Avg per participant Low balance/head
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Official DOL plan name: First Student and First Transit Retirement Savings Plan · Sponsored by Firstgroup America, Inc. · Ohio · Transportation & Warehousing

$308M in assets, 46,790 participants

Firstgroup America, Inc.'s First Student and First Transit Retirement Savings Plan reported $308M in total assets and 46,790 participants in its 2022 DOL Form 5500 filing, ranking in the 97th 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.

  • #3,719 in Transportation & Warehousing (3,876 peers)

Coverage in Ohio

First Student and First Transit Retirement Savings Plan covers 46,790 participants in Ohio, 61x the typical Ohio plan (state average ~765 per filing). Assets: $308M.

#3,719
in Transportation & Warehousing (3,876 peers)
-13.4%
assets change YoY
3.1×
vs typical plan assets (national mean)

The plan reported a net loss of $49M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

First Student and First Transit Retirement Savings Plan's outsized position by total assets

First Student and First Transit Retirement Savings Plan vs every filed plan by assets

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

$308,446,327 Top 3% higher than 97% 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

First Student and First Transit Retirement Savings 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. First Student and First Transit Retirement Savings Plan is a mega filing (46,790 participants), the rightmost band on the breakdown.

EBSA filing schedule strip

Filing strip 522205403 · Firstgroup America, Inc. PY 2022 · 401(k)

First Student and First Transit Retirement Savings Plan · $308M · 46,790 · 97th

  • PHOTO $308M
  • PHOTO 46,790
  • PHOTO 97th
  • PHOTO 401(k)
  • PHOTO near The Brightview 401(k) Plan
  • PHOTO ind #3719

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 Ohio →

First Student and First Transit Retirement Savings Plan in the asset neighbourhood

First Student and First Transit Retirement Savings PlanFirst Student and First Tran…$308MThe Brightview 401(k) Plan$308MHerc Rentals Income Savings PlanHerc Rentals Income Savings …$308MRheem Defined Contribution PlanRheem Defined Contribution P…$308MDay Pitney Profit Sharing and 401(k) PlanDay Pitney Profit Sharing an…$308M
End-of-year total assets ($M) among First Student and First Transit Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Ohio filing particulars

Total Assets (Beginning of Year)$356M
Net Assets (End of Year)$308M
Net Income-$49M
Employer EIN522205403
Plan Effective Date1999-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Firstgroup America, Inc.)

Sponsor-wide plan assets over time

All Firstgroup America, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$422M 8.764082808680081% vs 2022
2024 filing year
$380M$400M$420M$440M 202220232024 $388M $422M ▲ +8.8%
Year Plans Participants Total Assets
2022 2 47,018 $388M
2023 2 50,932 $401M
2024 2 43,516 $422M

Nearby 401(k) Plans in Ohio

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

First Student and First Transit Retirement Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. 050000100000150000 -20246810 Total assets ($B) Participants First Student and First Transit Retirement Savings Plan, Total assets ($B): 0.308446327 · Participants: 46790First Student and First Transit Retirement Savings PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 8.343834208 · Participants: 44890The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 7.60950811 · Participants: 50299The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 7.311555 · Participants: 116133The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 6.73672335 · Participants: 24278Nationwide Savings PlanMarathon Petroleum Thrift Plan, Total assets ($B): 6.371480588 · Participants: 17666Marathon Petroleum Thrift Plan
First Student and First Transit Retirement Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare First Student and First Transit Retirement Savings Plan side-by-side with 3 peers →

Scale composition for First Student and First Transit Retirement Savings Plan

First Student and First Transit Retirement Savings Plan reports $308M in end-of-year assets across 46,790 participants (0.003% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.050% of 93,925,755 covered participants) - about $6,592 per participant (5% of the national average assets-per-participant) . Net income for plan year 2022 was -$49M.

This plan identity (EIN 522205403, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $308M to $328M (+6.4%) while covered participants moved from 46,790 to 43,376 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 46,790 $308M This page
2023 50,731 $304M Open filing
2024 · index core 43,376 $328M Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

First Student and First Transit Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is The Brightview 401(k) Plan in PA ($308M); by covered participants it is Ulta Salon Cosmetics & Fragrance 401(k) Retirement Plan in IL (46,679 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($308M here).

Similar participant headcount

Nearest other-state filings by covered participants (46,790 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 First Student and First Transit Retirement Savings Plan assets move in 2022? ▼
First Student and First Transit Retirement Savings Plan pulled back noticeably - down 13.4% during 2022, from $356M to $308M. Reported net income was -$49M.
How have Firstgroup America, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Firstgroup America, Inc.'s sponsor-wide assets grew 8.8%, from $388M to $422M.
Where does First Student and First Transit Retirement Savings Plan rank by assets among Form 5500 filers? ▼
First Student and First Transit Retirement Savings Plan ranks in the 97th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to First Student and First Transit Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is The Brightview 401(k) Plan in PA ($308M, 16,091 participants).
Which 401(k) plans cover a similar participant headcount to First Student and First Transit Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Ulta Salon Cosmetics & Fragrance 401(k) Retirement Plan in IL (46,679 participants, $319M 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 522205403.

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.