401(k) · DOL Form 5500 · 2023
Forward Air Corporation 401(k) Plan
Data updated 2026-08-11
- $126M
- Total assets
- 4,238
- Participants
- 93rd
- Percentile by assets
- $29,750
- Avg per participant
Official DOL plan name: Forward Air Corporation 401(k) Plan · Sponsored by Forward Air Corporation · Tennessee · Transportation & Warehousing
$126M in assets, 4,238 participants
Forward Air Corporation's Forward Air Corporation 401(k) Plan reported $126M in total assets and 4,238 participants in its 2023 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.
- 93rd percentile by assets (of 127,072 plans)
- #3,048 in Transportation & Warehousing (3,362 peers)
Coverage in Tennessee
Forward Air Corporation 401(k) Plan covers 4,238 participants in Tennessee, 3.8x the typical Tennessee plan (state average ~1,126 per filing). Assets: $126M.
- $126M
- total plan assets (2023 EOY)
- 4,238
- covered participants
- 93rd
- percentile by assets (of 127,072 plans)
- $29,750
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Forward Air Corporation 401(k) Plan reported net income rose from -$15M in the plan year 2022 filing to $21M in the plan year 2023 filing.
- Forward Air Corporation 401(k) Plan end-of-year assets rose from $105M in the plan year 2022 filing to $126M in the plan year 2023 filing.
- Forward Air Corporation 401(k) Plan reported participants rose from 3,966 in the plan year 2022 filing to 4,238 in the plan year 2023 filing.
Participants vs Tennessee filers
In Tennessee, the average filing covers about 1,126 participants across 2,384 plans. Forward Air Corporation 401(k) Plan reports 4,238 participants - 3.8x that state average ($126M EOY assets).
Tennessee filing particulars
| Total Assets (Beginning of Year) | $105M |
|---|---|
| Net Assets (End of Year) | $126M |
| Net Income | $21M |
| Employer EIN | 621120025 |
| Plan Effective Date | 1994-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Forward Air Corporation)
| 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
- 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
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Forward Air Corporation 401(k) Plan by total assets, not by location.
- Numotion 401(k) Retirement Plan (CT) $126M · 2,957
- A. W. Chesterton Company 401(k) Plan (MA) $126M · 574
- Inteva Products, LLC Salaried Employees' Savings and Retirement Plan (MI) $126M · 756
- Genedx Holdings Corp. 401(k) Plan (CT) $126M · 1,537
Frequently Asked Questions
How did Forward Air Corporation 401(k) Plan assets move in 2023? ▼
How have Forward Air Corporation plan assets changed over time? ▼
Where does Forward Air Corporation 401(k) Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Forward Air Corporation 401(k) Plan? ▼
Next read for Forward Air Corporation 401(k) Plan
Filing takeaways
Ways to act on Forward Air Corporation 401(k) Plan's numbers.
- By total assets, Forward Air Corporation 401(k) Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Tennessee. Compare plans
- Forward Air Corporation's sponsor-wide assets have grown 22.2% since 2022 across 3 plan years on file. More Transportation & Warehousing plans