401(k) · DOL Form 5500 · 2022

Air T, Inc. 401(k) Plan

Data updated 2026-08-25

$25M
Total assets Below avg plan size
375
Participants Below avg headcount
81st
Percentile by assets National rank
$67,678
Avg per participant Below avg balance/head
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Official DOL plan name: Air T, Inc. 401(k) Retirement Plan · Sponsored by Air T, Inc. · North Carolina · Transportation & Warehousing

$25M in assets, 375 participants

Air T, Inc.'s Air T, Inc. 401(k) Retirement Plan reported $25M in total assets and 375 participants in its 2022 DOL Form 5500 filing, ranking in the 81st 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.

  • #3,118 in Transportation & Warehousing (3,876 peers)

Coverage in North Carolina

Air T, Inc. 401(k) Retirement Plan covers 375 participants in North Carolina, about 46% of the average North Carolina filer (state average ~819 per filing). Assets: $25M.

#3,118
in Transportation & Warehousing (3,876 peers)
-14.8%
assets change YoY
0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Air T, Inc. 401(k) Retirement Plan's outsized position by total assets

Air T, Inc. 401(k) Retirement Plan vs every filed plan by assets

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

$25,379,426 Top 19% higher than 81% 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

Air T, Inc. 401(k) Retirement Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Air T, Inc. 401(k) Retirement Plan sits mid-pack in the medium band (375 participants).

Form 5500 schedule snapshot

Filing strip 521206400 · Air T, Inc. PY 2022 · 401(k)

Air T, Inc. 401(k) Retirement Plan · $25M · 375 · 81st

  • 5500 $25M
  • 5500 375
  • 5500 81st
  • 5500 401(k)
  • 5500 near Shebester-Bechtel, Inc. Employee Stock Ownership Plan
  • 5500 ind #3118

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 North Carolina →

Air T, Inc. 401(k) Retirement Plan in the asset neighbourhood

Air T, Inc. 401(k) Retirement PlanAir T, Inc. 401(k) Retiremen…$25MShebester-Bechtel, Inc. Employee Stock Ownership PlanShebester-Bechtel, Inc. Empl…$25MDesmarais LLP 401(k) Plan$25MYutaka Technologies 401(k) Retirement PlanYutaka Technologies 401(k) R…$25MThe Moscoe Group, Inc. 401(k) PlanThe Moscoe Group, Inc. 401(k…$25M
End-of-year total assets ($M) among Air T, Inc. 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

North Carolina filing particulars

Total Assets (Beginning of Year)$30M
Net Assets (End of Year)$25M
Net Income-$4M
Employer EIN521206400
Plan Effective Date1987-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Air T, Inc.)

Sponsor-wide plan assets over time

All Air T, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$34M 29.499643784729095% vs 2022
2024 filing year
$25M$30M$35M$40M 202220232024 $26.4M $34.2M ▲ +29.5%
Year Plans Participants Total Assets
2022 2 383 $26M
2023 2 484 $30M
2024 2 590 $34M

Nearby 401(k) Plans in North Carolina

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

Air T, Inc. 401(k) Retirement Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -200204060 Total assets ($B) Participants Air T, Inc. 401(k) Retirement Plan, Total assets ($B): 0.025379426 · Participants: 375Air T, Inc. 401(k) Retirement PlanThe Bank of America 401(k) Plan, Total assets ($B): 47.134026012 · Participants: 169036The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 14.565715066 · Participants: 39007Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 9.364902 · Participants: 27731Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 8.965353965 · Participants: 51871Truist Financial Corporation 401(k) Savings PlanLowes 401(k) Plan, Total assets ($B): 7.355936526 · Participants: 284864Lowes 401(k) Plan
Air T, Inc. 401(k) Retirement Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Air T, Inc. 401(k) Retirement Plan side-by-side with 3 peers →

Air T, Inc. 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Shebester-Bechtel, Inc. Employee Stock Ownership Plan in OK ($25M); by covered participants it is Strand Development Company LLC 401(k) Plan in SC (375 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($25M here).

Similar participant headcount

Nearest other-state filings by covered participants (375 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 Air T, Inc. 401(k) Retirement Plan assets move in 2022? ▼
Air T, Inc. 401(k) Retirement Plan pulled back noticeably - down 14.8% during 2022, from $30M to $25M. Reported net income was -$4M.
How have Air T, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Air T, Inc.'s sponsor-wide assets grew 29.5%, from $26M to $34M.
Where does Air T, Inc. 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
Air T, Inc. 401(k) Retirement Plan ranks in the 81st percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Air T, Inc. 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Shebester-Bechtel, Inc. Employee Stock Ownership Plan in OK ($25M, 50 participants).
Which 401(k) plans cover a similar participant headcount to Air T, Inc. 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Strand Development Company LLC 401(k) Plan in SC (375 participants, $3M 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 521206400.

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.