401(k) · DOL Form 5500 · 2022

Forward Air Corporation 401(k) Plan

Data updated 2026-08-25

$105M
Total assets Near avg plan size
3,966
Participants Above avg headcount
93rd
Percentile by assets National rank
$26,509
Avg per participant Low balance/head
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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.

  • #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.

#3,562
in Transportation & Warehousing (3,876 peers)
-12.6%
assets change YoY
1.1×
vs typical plan assets (national mean)

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.

Forward Air Corporation 401(k) Plan's outsized position 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 $2,050,000,000 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

Forward Air Corporation 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Forward Air Corporation 401(k) Plan lands in the large band (3,966 participants).

Form 5500 schedule snapshot

Filing strip 621120025 · Forward Air Corporation PY 2022 · 401(k)

Forward Air Corporation 401(k) Plan · $105M · 3,966 · 93rd

  • 5500 $105M
  • 5500 3,966
  • 5500 93rd
  • 5500 401(k)
  • 5500 near Nab Pension Retirement Plan & Trust
  • 5500 ind #3562

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 Tennessee →

Forward Air Corporation 401(k) Plan in the asset neighbourhood

Mbs Textbook Exchange, LLC Profit Sharing PlanMbs Textbook Exchange, LLC P…$105MForward Air Corporation 401(k) PlanForward Air Corporation 401(…$105MNab Pension Retirement Plan & TrustNab Pension Retirement Plan …$105MSheet Metal Workers Local Union No. 80 Annuity FundSheet Metal Workers Local Un…$105MUnigroup, C.a. Resources for Employees' Leisure Years PlanUnigroup, C.a. Resources for…$105M
End-of-year total assets ($M) among Forward Air Corporation 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

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)

Sponsor-wide plan assets over time

All Forward Air Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$129M 22.239208386411928% vs 2022
2024 filing year
$100M$110M$120M$130M$140M 202220232024 $105M $129M ▲ +22.2%
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 ($B) Participants Forward Air Corporation 401(k) Plan, Total assets ($B): 0.105136548 · Participants: 3966Forward Air Corporation 401(k) PlanFedex Corporation Retirement Savings Plan, Total assets ($B): 21.031401128 · Participants: 220835Fedex Corporation Retirement Savings PlanHca 401(k) Plan, Total assets ($B): 18.669830548 · Participants: 280576Hca 401(k) PlanInternational Paper Company Salaried Savings Plan, Total assets ($B): 4.178827147 · Participants: 11839International Paper Company Salaried Savings PlanFederal Express Corporation Pilots Retirement Savings Plan, Total assets ($B): 4.035859621 · Participants: 5305Federal Express Corporation Pilots Retirement Savings PlanChs/Community Health Systems, Inc. Retirement Savings Plan, Total assets ($B): 4.015461486 · Participants: 62485Chs/Community Health Systems, Inc. Retirement Savings Plan
Forward Air Corporation 401(k) Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants

Forward Air Corporation 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Tennessee, the nearest 401(k) by assets is Nab Pension Retirement Plan & Trust in AR ($105M); by covered participants it is Alera Group, Inc. Savings Plan in IL (3,966 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (3,966 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 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).
Which 401(k) plans cover a similar participant headcount to Forward Air Corporation 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Alera Group, Inc. Savings Plan in IL (3,966 participants, $305M in assets).