401(k) · DOL Form 5500 · 2023

Freightwaves, Inc. 401(k) Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
188
Participants Below avg headcount
53rd
Percentile by assets National rank
$41,377
Avg per participant Low balance/head
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Official DOL plan name: Freightwaves, Inc. 401(k) Plan · Sponsored by Freightwaves, Inc. · Tennessee · Transportation & Warehousing

$8M in assets, 188 participants

Freightwaves, Inc.'s Freightwaves, Inc. 401(k) Plan reported $8M in total assets and 188 participants in its 2023 DOL Form 5500 filing, ranking in the 53rd 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.

  • #1,805 in Transportation & Warehousing (3,362 peers)

Coverage in Tennessee

Freightwaves, Inc. 401(k) Plan covers 188 participants in Tennessee, about 17% of the average Tennessee filer (state average ~1,126 per filing). Assets: $8M.

#1,805
in Transportation & Warehousing (3,362 peers)
+45.7%
assets growth YoY

Freightwaves, Inc. 401(k) Plan's mid-pack asset rank among Transportation & Warehousing and all filers

Freightwaves, Inc. 401(k) Plan vs every filed plan by assets

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

$7,778,919 Top 47% higher than 53% 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

Freightwaves, Inc. 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Freightwaves, Inc. 401(k) Plan sits mid-pack in the medium band (188 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Freightwaves, Inc. 401(k) Plan reported net income rose from $811K in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Freightwaves, Inc. 401(k) Plan end-of-year assets rose from $5M in the plan year 2022 filing to $8M in the plan year 2023 filing.
  • Freightwaves, Inc. 401(k) Plan reported participants rose from 156 in the plan year 2022 filing to 188 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 813287492 · Freightwaves, Inc. PY 2023 · 401(k)

Freightwaves, Inc. 401(k) Plan · $8M · 188 · 53rd

  • ASSETS $8M
  • ASSETS 188
  • ASSETS 53rd
  • ASSETS 401(k)
  • ASSETS near A.D. Transport 401(k) Profit Sharing Plan
  • ASSETS ind #1805

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 →

Freightwaves, Inc. 401(k) Plan in the asset neighbourhood

Freightwaves, Inc. 401(k) PlanFreightwaves, Inc. 401(k) Pl…$8MA.D. Transport 401(k) Profit Sharing PlanA.D. Transport 401(k) Profit…$8MVantage 401(k) Profit Sharing PlanVantage 401(k) Profit Sharin…$8MTechnology Solutions Provider, Inc. 401(k) PlanTechnology Solutions Provide…$8MSpace Systems Integration 401(k) PlanSpace Systems Integration 40…$8M
End-of-year total assets ($M) among Freightwaves, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Tennessee filing particulars

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$8M
Net Income$2M
Employer EIN813287492
Plan Effective Date2019-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Freightwaves, Inc.)

Sponsor-wide plan assets over time

All Freightwaves, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$9M 59.8889456711302% vs 2022
2024 filing year
$5M$6M$7M$8M$9M 202220232024 $5.34M $8.54M ▲ +59.9%
Year Plans Participants Total Assets
2022 1 156 $5M
2023 1 188 $8M
2024 1 163 $9M

Nearby 401(k) Plans in Tennessee

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

Freightwaves, Inc. 401(k) Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -100102030 Total assets ($B) Participants Freightwaves, Inc. 401(k) Plan, Total assets ($B): 0.007778919 · Participants: 188Freightwaves, Inc. 401(k) PlanFedex Corporation Retirement Savings Plan, Total assets ($B): 23.88081991 · Participants: 127010Fedex Corporation Retirement Savings PlanHca 401(k) Plan, Total assets ($B): 21.53517366 · Participants: 291649Hca 401(k) PlanFederal Express Corporation Pilots Retirement Savings Plan, Total assets ($B): 4.743557391 · Participants: 5728Federal Express Corporation Pilots Retirement Savings PlanInternational Paper Company Salaried Savings Plan, Total assets ($B): 4.621886139 · Participants: 12153International Paper Company Salaried Savings PlanChs/Community Health Systems, Inc. Retirement Savings Plan, Total assets ($B): 4.517708174 · Participants: 62487Chs/Community Health Systems, Inc. Retirement Savings Plan
Freightwaves, Inc. 401(k) Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants

Freightwaves, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Tennessee, the nearest 401(k) by assets is A.D. Transport 401(k) Profit Sharing Plan in MI ($8M); by covered participants it is Advantmed 401(k) and Profit Sharing Plan in CA (188 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (188 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 Freightwaves, Inc. 401(k) Plan assets move in 2023?
Freightwaves, Inc. 401(k) Plan surged - up 45.7% during 2023, from $5M to $8M. Reported net income was $2M.
How have Freightwaves, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Freightwaves, Inc.'s sponsor-wide assets grew 59.9%, from $5M to $9M.
Which 401(k) plans are similar in size to Freightwaves, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is A.D. Transport 401(k) Profit Sharing Plan in MI ($8M, 435 participants).
Which 401(k) plans cover a similar participant headcount to Freightwaves, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Advantmed 401(k) and Profit Sharing Plan in CA (188 participants, $844K in assets).