401(k) · DOL Form 5500 · 2022

Pace Air Freight, Inc. 401(k) Plan

Data updated 2026-05-15

$3M
Total assets
110
Participants
38th
Percentile by assets
$24,333
Avg per participant

Sponsored by Pace Air Freight, Inc. · Indiana · Transportation & Warehousing

What the 2022 filing shows

Pace Air Freight, Inc. 401(k) Plan holds $3M for 110 participants - about $24,333 per participant, in the lower half of filed plans by assets, down 17.4% over the 2022 plan year.

$3M
total plan assets (2022 EOY)
110
covered participants
38th
percentile by assets (of 139,258 plans)
$24,333
avg assets per participant

The plan reported a net loss of $564K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry
Transportation & Warehousing

401(k) · DOL Form 5500 · 2022

What the Filing Says About Pace Air Freight, Inc. 401(k) Plan

Pace Air Freight, Inc. 401(k) Plan is a 401(k) retirement plan sponsored by Pace Air Freight, Inc., headquartered in Indiana. According to the U.S. Department of Labor's 2022 Form 5500 filing, the plan reports $3M in total end-of-year assets and covers 110 participants across the Transportation & Warehousing industry. The sponsor's EIN on file with the U.S. Department of Labor is 351447004, and the plan has been effective since 1998-10-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets declined sharply from $3M at the beginning of 2022 to $3M at year-end - down 17.4%. Net assets (after liabilities) closed the year at $3M, with reported net income of -$564K 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.

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.

How the percentile is calculated: we count every plan that filed a 2022 Form 5500 with a reported end-of-year asset figure (139,258 plans), rank Pace Air Freight, Inc. 401(k) Plan against all of them by total assets, and report the share of those plans it outranks. A plan reporting no asset figure for the year is excluded from the ranking rather than assumed to be zero.

Financial Summary (2022)

Total Assets (Beginning of Year)$3M
Total Assets (End of Year)$3M
Net Assets (End of Year)$3M
Net Income-$564K
Plan Type401(k)
Employer EIN351447004
Plan Effective Date1998-10-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Indiana

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

Frequently Asked Questions

How much money is in the Pace Air Freight, Inc. 401(k) Plan?
As of the 2022 Form 5500 filing, Pace Air Freight, Inc. 401(k) Plan holds $3M in total assets with 110 participants. It is sponsored by Pace Air Freight, Inc..
What type of plan is Pace Air Freight, Inc. 401(k) Plan?
Pace Air Freight, Inc. 401(k) Plan is a 401(k) plan. It has been effective since 1998-10-01. The plan is filed with the U.S. Department of Labor under EIN 351447004.
Who sponsors the Pace Air Freight, Inc. 401(k) Plan?
Pace Air Freight, Inc. 401(k) Plan is sponsored by Pace Air Freight, Inc., located in Indiana. The sponsor's EIN is 351447004 and the plan operates in the Transportation & Warehousing industry.
How did Pace Air Freight, Inc. 401(k) Plan perform in 2022?
Pace Air Freight, Inc. 401(k) Plan declined sharply - down 17.4% during 2022, moving from $3M to $3M in total assets. Net income was -$564K.

What this filing means

Ways to act on Pace Air Freight, Inc. 401(k) Plan's numbers.

  • By total assets, Pace Air Freight, Inc. 401(k) Plan ranks in the lower half of filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Indiana. Compare plans
  • A 401(k) plan works differently from other retirement plan types, understand the structural differences before comparing. Compare plan types

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 351447004.

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.

Every figure on PlainRetire is rendered directly from the Department of Labor's Form 5500 annual return filings, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-05-15.