401(k) · DOL Form 5500 · 2023
Averitt Express, Inc. 401(k) Plan
Data updated 2026-08-11
- $693M
- Total assets
- 9,257
- Participants
- 98th
- Percentile by assets
- $74,862
- Avg per participant
Official DOL plan name: Averitt Express, Inc. Profit Sharing and 401(k) Plan · Sponsored by Averitt Express, Inc. · Tennessee · Transportation & Warehousing
$693M in assets, 9,257 participants
Averitt Express, Inc.'s Averitt Express, Inc. Profit Sharing and 401(k) Plan reported $693M in total assets and 9,257 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.
- 98th percentile by assets (of 127,072 plans)
- #3,258 in Transportation & Warehousing (3,362 peers)
Coverage in Tennessee
Averitt Express, Inc. Profit Sharing and 401(k) Plan covers 9,257 participants in Tennessee, 8.2x the typical Tennessee plan (state average ~1,126 per filing). Assets: $693M.
- $693M
- total plan assets (2023 EOY)
- 9,257
- covered participants
- 98th
- percentile by assets (of 127,072 plans)
- $74,862
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Averitt Express, Inc. Profit Sharing and 401(k) Plan reported net income rose from -$56M in the plan year 2022 filing to $91M in the plan year 2023 filing.
- Averitt Express, Inc. Profit Sharing and 401(k) Plan end-of-year assets rose from $602M in the plan year 2022 filing to $693M in the plan year 2023 filing.
- Averitt Express, Inc. Profit Sharing and 401(k) Plan reported participants rose from 8,690 in the plan year 2022 filing to 9,257 in the plan year 2023 filing.
Participants vs Tennessee filers
In Tennessee, the average filing covers about 1,126 participants across 2,384 plans. Averitt Express, Inc. Profit Sharing and 401(k) Plan reports 9,257 participants - 8.2x that state average ($693M EOY assets).
Tennessee filing particulars
| Total Assets (Beginning of Year) | $602M |
|---|---|
| Net Assets (End of Year) | $693M |
| Net Income | $91M |
| Employer EIN | 620755421 |
| Plan Effective Date | 1993-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Averitt Express, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 8,690 | $602M |
| 2023 | 1 | 9,257 | $693M |
| 2024 | 1 | 8,647 | $775M |
Nearby 401(k) Plans in Tennessee
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Averitt Express, Inc. Profit Sharing and 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
Scale composition for Averitt Express, Inc. Profit Sharing and 401(k) Plan
Averitt Express, Inc. Profit Sharing and 401(k) Plan reports $693M in end-of-year assets across 9,257 participants (0.006% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.010% of 93,925,755 covered participants) - about $74,862 per participant (54% of the national average assets-per-participant) . Net income for plan year 2023 was $91M.
This plan identity (EIN 620755421, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $602M to $775M (+28.8%) while covered participants moved from 8,690 to 8,647 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 8,690 | $602M | Open filing |
| 2023 | 9,257 | $693M | This page |
| 2024 · index core | 8,647 | $775M | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Averitt Express, Inc. Profit Sharing and 401(k) Plan (401(k), $775M, 8,647 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Averitt Express, Inc. Profit Sharing and 401(k) Plan by total assets, not by location.
- Amwins Group, Inc. 401(k) Plan (NC) $693M · 5,781
- West Monroe Partners, Inc. 401(k) Plan (IL) $694M · 2,322
- M. a. Mortenson Company Profit Sharing and Retirement Savings Plan and Trust (MN) $694M · 2,673
- Smithfield Foods, Inc. Salaried 401(k) Plan (VA) $694M · 5,193
Frequently Asked Questions
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Next read for Averitt Express, Inc. Profit Sharing and…
Filing takeaways
Ways to act on Averitt Express, Inc. Profit Sharing and 401(k) Plan's numbers.
- By total assets, Averitt Express, Inc. Profit Sharing and 401(k) Plan ranks in the top 5% 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
- Averitt Express, Inc.'s sponsor-wide assets have grown 28.8% since 2022 across 3 plan years on file. More Transportation & Warehousing plans