401(k) · DOL Form 5500 · 2023
Covenant Transport, Inc. 401(k) Plan
Data updated 2026-08-25
- $70M
- Total assets Below avg plan size
- 3,085
- Participants Above avg headcount
- 89th
- Percentile by assets National rank
- $22,658
- Avg per participant Low balance/head
Official DOL plan name: Covenant Transportation Group 401(k) & Profit Sharing Plan · Sponsored by Covenant Transport, Inc. · Tennessee · Transportation & Warehousing
$70M in assets, 3,085 participants
Covenant Transport, Inc.'s Covenant Transportation Group 401(k) & Profit Sharing Plan reported $70M in total assets and 3,085 participants in its 2023 DOL Form 5500 filing, ranking in the 89th 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.
- #2,911 in Transportation & Warehousing (3,362 peers)
Coverage in Tennessee
Covenant Transportation Group 401(k) & Profit Sharing Plan covers 3,085 participants in Tennessee, 2.7x the typical Tennessee plan (state average ~1,126 per filing). Assets: $70M.
- #2,911
- in Transportation & Warehousing (3,362 peers)
- +16.9%
- assets growth YoY
- 0.7×
- vs typical plan assets (national mean)
Covenant Transportation Group 401(k) & Profit Sharing Plan's outsized position by total assets
Covenant Transportation Group 401(k) & Profit Sharing Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$69,900,293 Top 11% higher than 89% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Covenant Transportation Group 401(k) & Profit Sharing Plan's large-plan peer group by participant headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Covenant Transportation Group 401(k) & Profit Sharing Plan lands in the large band (3,085 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Covenant Transportation Group 401(k) & Profit Sharing Plan reported net income rose from -$10M in the plan year 2022 filing to $10M in the plan year 2023 filing.
- Covenant Transportation Group 401(k) & Profit Sharing Plan end-of-year assets rose from $60M in the plan year 2022 filing to $70M in the plan year 2023 filing.
- Covenant Transportation Group 401(k) & Profit Sharing Plan reported participants rose from 3,052 in the plan year 2022 filing to 3,085 in the plan year 2023 filing.
Form 5500 schedule snapshot
Filing strip 880320154 · Covenant Transport, Inc. PY 2023 · 401(k)
Covenant Transportation Group 401(k) & Profit Sharing Plan · $70M · 3,085 · 89th
- PHOTO $70M
- IND 3,085
- EOY 89th
- 5500 401(k)
- ASSETS near The Goodman Group, Its Members & Affil. Retirement Savings Plan
- PCT ind #2911
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 →
Covenant Transportation Group 401(k) & Profit Sharing Plan in the asset neighbourhood
Tennessee filing particulars
| Total Assets (Beginning of Year) | $60M |
|---|---|
| Net Assets (End of Year) | $70M |
| Net Income | $10M |
| Employer EIN | 880320154 |
| Plan Effective Date | 1994-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Covenant Transport, Inc.)
Sponsor-wide plan assets over time
All Covenant Transport, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $79M 32.78130411575458% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 3,052 | $60M |
| 2023 | 1 | 3,085 | $70M |
| 2024 | 1 | 3,096 | $79M |
Nearby 401(k) Plans in Tennessee
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Fedex Corporation Retirement Savings Plan $23.9B · 127,010
- Hca 401(k) Plan $21.5B · 291,649
- Federal Express Corporation Pilots Retirement Savings Plan $4.7B · 5,728
- International Paper Company Salaried Savings Plan $4.6B · 12,153
- Chs/Community Health Systems, Inc. Retirement Savings Plan $4.5B · 62,487
Covenant Transportation Group 401(k) & Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount
Outside Tennessee, the nearest 401(k) by assets is The Goodman Group, Its Members & Affil. Retirement Savings Plan in MN ($70M); by covered participants it is Mountain America Federal Credit Union 401(k) Plan in UT (3,084 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($70M here).
- The Goodman Group, Its Members & Affil. Retirement Savings Plan (MN) $70M · 3,332
- Burr Oak Tool Inc. Employees' Profit Sharing Plan (MI) $70M · 339
- Curbell, Inc. 401(k) Plan (NY) $70M · 497
- Northstar Memorial Group, LLC 401(k) Plan (TX) $70M · 1,288
Similar participant headcount
Nearest other-state filings by covered participants (3,085 participants); asset peers above are excluded.
- Mountain America Federal Credit Union 401(k) Plan (UT) 3,084 · 1 off
- Atkore International Retirement Savings and Investment Plan (IL) 3,086 · 1 off
- Thornton Employee Savings (401(k)) Plan (KY) 3,087 · 2 off
- Roller Bearing Company of America 401(k) Plan (CT) 3,083 · 2 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.