401(k)
2022 plan-year 401(k) DOL Form 5500

Transforce, Inc. 401(k) Plan

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

Sponsored by Transforce, Inc. · Virginia · Administrative & Support Services

What the 2023 filing shows

Transforce, Inc. 401(k) Plan holds $15M for 2,978 participants — about $5,042 per participant, down 11.2% over the 2022 plan year.

$15M
total plan assets (2022 EOY)
2,978
covered participants
$5,042
avg assets per participant
-11.2%
assets change YoY

The plan reported a net loss of $2M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$15M
Participants
2,978
State
Industry
Administrative & Support Services

What the Filing Says About Transforce, Inc. 401(k) Plan

Transforce, Inc. 401(k) Plan is a 401(k) retirement plan sponsored by Transforce, Inc., headquartered in Virginia. As of the 2022 Form 5500 filing, the plan reports $15M in total end-of-year assets and covers 2,978 participants across the Administrative & Support Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 541922539, and the plan has been effective since 1998-04-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $17M at the beginning of 2022 to $15M at year-end — a decline of 11.2%. Net assets (after liabilities) closed the year at $15M, with reported net income of $-1,899,200 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)$17M
Total Assets (End of Year)$15M
Net Assets (End of Year)$15M
Net Income$-1,899,200
Plan Type401(k)
Employer EIN541922539
Plan Effective Date1998-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Transforce, Inc.)

Year Plans Participants Total Assets
2022 1 2,978 $15M
2023 1 2,689 $19M
2024 1 2,195 $20M

Nearby 401(k) Plans in Virginia

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Frequently Asked Questions

How much money is in the Transforce, Inc. 401(k) Plan?
As of the 2022 Form 5500 filing, Transforce, Inc. 401(k) Plan holds $15M in total assets with 2,978 participants. It is sponsored by Transforce, Inc..
What type of plan is Transforce, Inc. 401(k) Plan?
Transforce, Inc. 401(k) Plan is a 401(k) plan. It has been effective since 1998-04-01. The plan is filed with the U.S. Department of Labor under EIN 541922539.
Who sponsors the Transforce, Inc. 401(k) Plan?
Transforce, Inc. 401(k) Plan is sponsored by Transforce, Inc., located in Virginia. The sponsor's EIN is 541922539 and the plan operates in the Administrative & Support Services industry.
How did Transforce, Inc. 401(k) Plan perform in 2022?
Transforce, Inc. 401(k) Plan declined by 11.2% during 2022, moving from $17M to $15M in total assets. Net income was $-1,899,200.
Where can I find official filings for Transforce, Inc. 401(k) Plan?
Official Form 5500 filings for Transforce, Inc. 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 541922539 or plan name at efast.dol.gov.
How does Transforce, Inc. 401(k) Plan compare to other plans?
You can compare Transforce, Inc. 401(k) Plan against other 401(k) plans on the plan type page, or view plans in Virginia 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 541922539.

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