Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

Schenker, Inc. 401(k) Savings and Investment Plan

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

Sponsored by Schenker, Inc · Virginia · Transportation & Warehousing

What the 2023 filing shows

Schenker, Inc. 401(k) Savings and Investment Plan holds $365M for 7,055 participants — about $51,787 per participant, down 17.4% over the 2022 plan year.

$365M
total plan assets (2022 EOY)
7,055
covered participants
$51,787
avg assets per participant
-17.4%
assets change YoY

The plan reported a net loss of $77M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$365M
Participants
7,055
State
Industry
Transportation & Warehousing

What the Filing Says About Schenker, Inc. 401(k) Savings and Investment Plan

Schenker, Inc. 401(k) Savings and Investment Plan is a Profit Sharing retirement plan sponsored by Schenker, Inc, headquartered in Virginia. As of the 2022 Form 5500 filing, the plan reports $365M in total end-of-year assets and covers 7,055 participants across the Transportation & Warehousing industry. The sponsor's EIN on file with the U.S. Department of Labor is 135619239, and the plan has been effective since 1980-07-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $442M at the beginning of 2022 to $365M at year-end — a decline of 17.4%. Net assets (after liabilities) closed the year at $365M, with reported net income of $-77,027,806 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)$442M
Total Assets (End of Year)$365M
Net Assets (End of Year)$365M
Net Income$-77,027,806
Plan TypeProfit Sharing
Employer EIN135619239
Plan Effective Date1980-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Schenker, Inc)

Year Plans Participants Total Assets
2022 1 7,055 $365M
2023 1 7,212 $444M
2024 1 9,842 $465M

Nearby Profit Sharing Plans in Virginia

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Frequently Asked Questions

How much money is in the Schenker, Inc. 401(k) Savings and Investment Plan?
As of the 2022 Form 5500 filing, Schenker, Inc. 401(k) Savings and Investment Plan holds $365M in total assets with 7,055 participants. It is sponsored by Schenker, Inc.
What type of plan is Schenker, Inc. 401(k) Savings and Investment Plan?
Schenker, Inc. 401(k) Savings and Investment Plan is a Profit Sharing plan. It has been effective since 1980-07-01. The plan is filed with the U.S. Department of Labor under EIN 135619239.
Who sponsors the Schenker, Inc. 401(k) Savings and Investment Plan?
Schenker, Inc. 401(k) Savings and Investment Plan is sponsored by Schenker, Inc, located in Virginia. The sponsor's EIN is 135619239 and the plan operates in the Transportation & Warehousing industry.
How did Schenker, Inc. 401(k) Savings and Investment Plan perform in 2022?
Schenker, Inc. 401(k) Savings and Investment Plan declined by 17.4% during 2022, moving from $442M to $365M in total assets. Net income was $-77,027,806.
Where can I find official filings for Schenker, Inc. 401(k) Savings and Investment Plan?
Official Form 5500 filings for Schenker, Inc. 401(k) Savings and Investment Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 135619239 or plan name at efast.dol.gov.
How does Schenker, Inc. 401(k) Savings and Investment Plan compare to other plans?
You can compare Schenker, Inc. 401(k) Savings and Investment Plan against other Profit Sharing 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 135619239.

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.