401(k) · DOL Form 5500 · 2022
Firstgroup America, Inc. 401(k) Plan
Data updated 2026-08-11
- $308M
- Total assets
- 46,790
- Participants
- 97th
- Percentile by assets
- $6,592
- Avg per participant
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.
- 97th percentile by assets (of 139,126 plans)
- #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.
- $308M
- total plan assets (2022 EOY)
- 46,790
- covered participants
- 97th
- percentile by assets (of 139,126 plans)
- $6,592
- avg assets per participant
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.
Participants vs Ohio filers
In Ohio, the average filing covers about 765 participants across 5,089 plans. First Student and First Transit Retirement Savings Plan reports 46,790 participants - 61x that state average ($308M EOY assets).
Ohio filing particulars
| Total Assets (Beginning of Year) | $356M |
|---|---|
| Net Assets (End of Year) | $308M |
| Net Income | -$49M |
| Employer EIN | 522205403 |
| Plan Effective Date | 1999-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Firstgroup America, Inc.)
| 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
- The Sherwin-Williams Company 401(k) Plan $8.3B · 44,890
- The Progressive 401(k) Plan $7.6B · 50,299
- The Kroger Co. 401(k) Retirement Savings Account Plan $7.3B · 116,133
- Nationwide Savings Plan $6.7B · 24,278
- Marathon Petroleum Thrift Plan $6.4B · 17,666
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, Inc. Retirement Savings Plan (401(k), $328M, 43,376 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to First Student and First Transit Retirement Savings Plan by total assets, not by location.
- The Brightview 401(k) Plan (PA) $308M · 16,091
- Herc Rentals Income Savings Plan (FL) $308M · 4,504
- Rheem Defined Contribution Plan (GA) $308M · 2,680
- Day Pitney Profit Sharing and 401(k) Plan (NJ) $308M · 557
Frequently Asked Questions
How did First Student and First Transit Retirement Savings Plan assets move in 2022? ▼
How have Firstgroup America, Inc. plan assets changed over time? ▼
Where does First Student and First Transit Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to First Student and First Transit Retirement Savings Plan? ▼
Next read for First Student and First Transit Retireme…
Filing takeaways
Ways to act on First Student and First Transit Retirement Savings Plan's numbers.
- By total assets, First Student and First Transit Retirement Savings 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 Ohio. Compare plans
- Firstgroup America, Inc.'s sponsor-wide assets have grown 8.8% since 2022 across 3 plan years on file. More Transportation & Warehousing plans