401(k) · DOL Form 5500 · 2022

Forward Air Corporation 401(k) Plan

Data updated 2026-08-11

$105M
Total assets
3,966
Participants
93rd
Percentile by assets
$26,509
Avg per participant
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Official DOL plan name: Forward Air Corporation 401(k) Plan · Sponsored by Forward Air Corporation · Tennessee · Transportation & Warehousing

$105M in assets, 3,966 participants

Forward Air Corporation's Forward Air Corporation 401(k) Plan reported $105M in total assets and 3,966 participants in its 2022 DOL Form 5500 filing, ranking in the 93rd 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.

  • 93rd percentile by assets (of 139,126 plans)
  • #3,562 in Transportation & Warehousing (3,876 peers)

Coverage in Tennessee

Forward Air Corporation 401(k) Plan covers 3,966 participants in Tennessee, 3.5x the typical Tennessee plan (state average ~1,126 per filing). Assets: $105M.

$105M
total plan assets (2022 EOY)
3,966
covered participants
93rd
percentile by assets (of 139,126 plans)
$26,509
avg assets per participant

The plan reported a net loss of $15M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Forward Air Corporation 401(k) Plan sits by total assets

Forward Air Corporation 401(k) Plan vs every filed plan by assets

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

$105,136,548 Top 7% higher than 93% of 139,123 filed plans

This plan $0 $2,010,000,000 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

State
Tennessee
Industry
Transportation & Warehousing

Participants vs Tennessee filers

In Tennessee, the average filing covers about 1,126 participants across 2,384 plans. Forward Air Corporation 401(k) Plan reports 3,966 participants - 3.5x that state average ($105M EOY assets).

Tennessee filing particulars

Total Assets (Beginning of Year)$120M
Net Assets (End of Year)$105M
Net Income-$15M
Employer EIN621120025
Plan Effective Date1994-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Forward Air Corporation)

$100M$110M$120M$130M$140M 202220232024 $105M $129M ▲ +22.2%
Total plan assets by year, all Forward Air Corporation plans on file
Year Plans Participants Total Assets
2022 1 3,966 $105M
2023 1 4,238 $126M
2024 1 4,424 $129M

Nearby 401(k) Plans in Tennessee

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

Forward Air Corporation 401(k) Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -50510152025 Total assets ($B) Participants Forward Air Corporat…, Total assets ($B): 0.105136548 · Participants: 3966Forward Air Corporat…Fedex Corporation Re…, Total assets ($B): 21.031401128 · Participants: 220835Fedex Corporation Re…Hca 401(k) Plan, Total assets ($B): 18.669830548 · Participants: 280576Hca 401(k) PlanInternational Paper …, Total assets ($B): 4.178827147 · Participants: 11839International Paper …Federal Express Corp…, Total assets ($B): 4.035859621 · Participants: 5305Federal Express Corp…Chs/Community Health…, Total assets ($B): 4.015461486 · Participants: 62485Chs/Community Health…
Forward Air Corporation 401(k) Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants
Compare Forward Air Corporation 401(k) Plan side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Forward Air Corporation 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Forward Air Corporation 401(k) Plan assets move in 2022? ▼
Forward Air Corporation 401(k) Plan pulled back noticeably - down 12.6% during 2022, from $120M to $105M. Reported net income was -$15M.
How have Forward Air Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Forward Air Corporation's sponsor-wide assets grew 22.2%, from $105M to $129M.
Where does Forward Air Corporation 401(k) Plan rank by assets among Form 5500 filers? ▼
Forward Air Corporation 401(k) Plan ranks in the 93rd percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Forward Air Corporation 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Nab Pension Retirement Plan & Trust in AR ($105M, 1,128 participants).

Next read for Forward Air Corporation 401(k) Plan

Filing takeaways

Ways to act on Forward Air Corporation 401(k) Plan's numbers.

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 621120025.

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.