401(k) · DOL Form 5500 · 2023

System Freight, Inc. 401(k) Plan

Data updated 2026-08-25

$13M
Total assets Small plan by assets
413
Participants Below avg headcount
65th
Percentile by assets National rank
$32,628
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: System Freight Inc. 401(k) Profit Sharing Plan · Sponsored by System Freight, Inc. · New Jersey · Transportation & Warehousing

$13M in assets, 413 participants

System Freight, Inc.'s System Freight Inc. 401(k) Profit Sharing Plan reported $13M in total assets and 413 participants in its 2023 DOL Form 5500 filing, ranking in the 65th 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.

  • #2,189 in Transportation & Warehousing (3,362 peers)

Coverage in New Jersey

System Freight Inc. 401(k) Profit Sharing Plan covers 413 participants in New Jersey, about 49% of the average New Jersey filer (state average ~844 per filing). Assets: $13M.

#2,189
in Transportation & Warehousing (3,362 peers)
+25.0%
assets growth YoY

System Freight Inc. 401(k) Profit Sharing Plan's mid-pack asset rank among Transportation & Warehousing and all filers

System Freight Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$13,475,513 Top 35% higher than 65% 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

System Freight Inc. 401(k) Profit Sharing 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. System Freight Inc. 401(k) Profit Sharing Plan sits mid-pack in the medium band (413 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • System Freight Inc. 401(k) Profit Sharing Plan reported net income rose from -$2M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • System Freight Inc. 401(k) Profit Sharing Plan end-of-year assets rose from $11M in the plan year 2022 filing to $13M in the plan year 2023 filing.
  • System Freight Inc. 401(k) Profit Sharing Plan reported participants fell from 425 in the plan year 2022 filing to 413 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 222063135 · System Freight, Inc. PY 2023 · 401(k)

System Freight Inc. 401(k) Profit Sharing Plan · $13M · 413 · 65th

  • BOY $13M
  • SCH 413
  • EBSA 65th
  • PART 401(k)
  • TYPE near Oakland-Macomb Obstetrics & Gynecology, PC 401(k) Profit Sharing Plan
  • NET ind #2189

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 New Jersey →

System Freight Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

System Freight Inc. 401(k) Profit Sharing PlanSystem Freight Inc. 401(k) P…$13MOakland-Macomb Obstetrics & Gynecology, PC 401(k) Profit Sharing PlanOakland-Macomb Obstetrics & …$13MFirst American Bank & Trust Co. Cash PlanFirst American Bank & Trust …$13MInternal Drive 401(k) Plan$13MCoin Acceptors, Inc. Savings and Protection PlanCoin Acceptors, Inc. Savings…$13M
End-of-year total assets ($M) among System Freight Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

New Jersey filing particulars

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$13M
Net Income$2M
Employer EIN222063135
Plan Effective Date1996-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (System Freight, Inc.)

Sponsor-wide plan assets over time

All System Freight, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$15M 40.58177215086557% vs 2022
2024 filing year
$10M$12M$14M$16M 202220232024 $10.8M $15.2M ▲ +40.6%
Year Plans Participants Total Assets
2022 1 425 $11M
2023 1 413 $13M
2024 1 454 $15M

Nearby 401(k) Plans in New Jersey

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

System Freight Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -1001020304050 Total assets ($B) Participants System Freight Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.013475513 · Participants: 413System Freight Inc. 401(k) Profit Sharing PlanJPMorgan Chase 401(k) Savings Plan, Total assets ($B): 44.552237022 · Participants: 176610JPMorgan Chase 401(k) Savings PlanVerizon Savings Plan for Management Employees, Total assets ($B): 27.825640157 · Participants: 78072Verizon Savings Plan for Management EmployeesJohnson and Johnson Savings Plan, Total assets ($B): 22.177853595 · Participants: 41291Johnson and Johnson Savings PlanErnst & Young Retirement Savings Plan, Total assets ($B): 15.543526764 · Participants: 59346Ernst & Young Retirement Savings PlanMerck US Savings Plan, Total assets ($B): 13.424416176 · Participants: 26850Merck US Savings Plan
System Freight Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants
Compare System Freight Inc. 401(k) Profit Sharing Plan side-by-side with 3 peers →

System Freight Inc. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside New Jersey, the nearest 401(k) by assets is Oakland-Macomb Obstetrics & Gynecology, PC 401(k) Profit Sharing Plan in MI ($13M); by covered participants it is Menholt Automotive Group 401(k) Plan in MT (413 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (413 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 System Freight Inc. 401(k) Profit Sharing Plan assets move in 2023? ▼
System Freight Inc. 401(k) Profit Sharing Plan grew sharply - up 25.0% during 2023, from $11M to $13M. Reported net income was $2M.
How have System Freight, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), System Freight, Inc.'s sponsor-wide assets grew 40.6%, from $11M to $15M.
Which 401(k) plans are similar in size to System Freight Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Oakland-Macomb Obstetrics & Gynecology, PC 401(k) Profit Sharing Plan in MI ($13M, 134 participants).
Which 401(k) plans cover a similar participant headcount to System Freight Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Menholt Automotive Group 401(k) Plan in MT (413 participants, $17M 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 222063135.

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.