401(k) · DOL Form 5500 · 2023

Old Dominion Freight Line, Inc. 401(k) Plan

Data updated 2026-08-25

$2.3B
Total assets Very large vs avg
24,400
Participants Very large workforce
99th
Percentile by assets National rank
$92,384
Avg per participant Below avg balance/head
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Official DOL plan name: Old Dominion 401(k) Retirement Plan · Sponsored by Old Dominion Freight Line, Inc. · North Carolina · Transportation & Warehousing

$2.3B in assets, 24,400 participants

Old Dominion Freight Line, Inc.'s Old Dominion 401(k) Retirement Plan reported $2.3B in total assets and 24,400 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.

  • #3,323 in Transportation & Warehousing (3,362 peers)

Coverage in North Carolina

Old Dominion 401(k) Retirement Plan covers 24,400 participants in North Carolina, 30x the typical North Carolina plan (state average ~819 per filing). Assets: $2.3B.

#3,323
in Transportation & Warehousing (3,362 peers)
+25.6%
assets growth YoY
23×
vs typical plan assets (national mean)

Old Dominion 401(k) Retirement Plan's outsized position by total assets

Old Dominion 401(k) Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$2,254,171,242 Top 1% higher than 99% of 127,068 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 2023

Old Dominion 401(k) Retirement Plan's mega-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Old Dominion 401(k) Retirement Plan is a mega filing (24,400 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Old Dominion 401(k) Retirement Plan reported net income rose from -$225M in the plan year 2022 filing to $460M in the plan year 2023 filing.
  • Old Dominion 401(k) Retirement Plan end-of-year assets rose from $1.8B in the plan year 2022 filing to $2.3B in the plan year 2023 filing.
  • Old Dominion 401(k) Retirement Plan reported participants rose from 24,080 in the plan year 2022 filing to 24,400 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 560751714 · Old Dominion Freight Line, Inc. PY 2023 · 401(k)

Old Dominion 401(k) Retirement Plan · $2.3B · 24,400 · 99th

  • SCH $2.3B
  • EBSA 24,400
  • PART 99th
  • TYPE 401(k)
  • NET near Union Pacific Agreement Employee 401(k) Retirement Thrift Plan
  • BOOK ind #3323

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 →

Old Dominion 401(k) Retirement Plan in the asset neighbourhood

Union Pacific Agreement Employee 401(k) Retirement Thrift PlanUnion Pacific Agreement Empl…$2.3BWellspan 403(b) Retirement Savings PlanWellspan 403(b) Retirement S…$2.3BGartner Inc. Savings and Investment PlanGartner Inc. Savings and Inv…$2.3BOld Dominion 401(k) Retirement PlanOld Dominion 401(k) Retireme…$2.3BEnterprise 401(k) Plan$2.3B
End-of-year total assets ($B) among Old Dominion 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

North Carolina filing particulars

Total Assets (Beginning of Year)$1.8B
Net Assets (End of Year)$2.3B
Net Income$460M
Employer EIN560751714
Plan Effective Date1983-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Old Dominion Freight Line, Inc.)

Sponsor-wide plan assets over time

All Old Dominion Freight Line, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$2.4B 33.55064778507161% vs 2022
2024 filing year
$1.6B$1.8B$2B$2.2B$2.4B$2.6B 202220232024 $1.79B $2.4B ▲ +34.1%
Year Plans Participants Total Assets
2022 1 24,080 $1.8B
2023 1 24,400 $2.3B
2024 1 23,235 $2.4B

Nearby 401(k) Plans in North Carolina

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

Old Dominion 401(k) Retirement Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. 050000100000150000200000 -200204060 Total assets ($B) Participants Old Dominion 401(k) Retirement Plan, Total assets ($B): 2.254171242 · Participants: 24400Old Dominion 401(k) Retirement PlanThe Bank of America 401(k) Plan, Total assets ($B): 54.848846192 · Participants: 173899The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 15.388124058 · Participants: 40004Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 10.354065 · Participants: 28121Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 10.120701726 · Participants: 55480Truist Financial Corporation 401(k) Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 8.510660989 · Participants: 24174Nucor Corporation Profit Sharing and Retirement Savings Plan
Old Dominion 401(k) Retirement Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Old Dominion 401(k) Retirement Plan side-by-side with 3 peers →

Scale composition for Old Dominion 401(k) Retirement Plan

Old Dominion 401(k) Retirement Plan reports $2.3B in end-of-year assets across 24,400 participants (0.018% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.026% of 93,925,755 covered participants) - about $92,384 per participant (67% of the national average assets-per-participant) . Net income for plan year 2023 was $460M.

This plan identity (EIN 560751714, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.8B to $2.4B (+33.6%) while covered participants moved from 24,080 to 23,235 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 24,080 $1.8B Open filing
2023 24,400 $2.3B This page
2024 · index core 23,235 $2.4B Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Old Dominion 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 Union Pacific Agreement Employee 401(k) Retirement Thrift Plan in NE ($2.3B); by covered participants it is United Airlines Flight Attendant 401(k) Plan in IL (24,331 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($2.3B here).

Similar participant headcount

Nearest other-state filings by covered participants (24,400 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Old Dominion 401(k) Retirement Plan assets move in 2023? ▼
Old Dominion 401(k) Retirement Plan grew sharply - up 25.6% during 2023, from $1.8B to $2.3B. Reported net income was $460M.
How have Old Dominion Freight Line, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Old Dominion Freight Line, Inc.'s sponsor-wide assets grew 33.6%, from $1.8B to $2.4B.
Where does Old Dominion 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
Old Dominion 401(k) Retirement Plan ranks in the 99th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Old Dominion 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Union Pacific Agreement Employee 401(k) Retirement Thrift Plan in NE ($2.3B, 27,770 participants).
Which 401(k) plans cover a similar participant headcount to Old Dominion 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is United Airlines Flight Attendant 401(k) Plan in IL (24,331 participants, $4.6B in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 560751714.

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.