401(k) · DOL Form 5500 · 2023

Averitt Express, Inc. 401(k) Plan

Data updated 2026-08-25

$693M
Total assets Above avg plan size
9,257
Participants Very large workforce
98th
Percentile by assets National rank
$74,862
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

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.

  • #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.

#3,258
in Transportation & Warehousing (3,362 peers)
+15.2%
assets growth YoY
7.0×
vs typical plan assets (national mean)

Averitt Express, Inc. Profit Sharing and 401(k) Plan's outsized position by total assets

Averitt Express, Inc. Profit Sharing and 401(k) Plan vs every filed plan by assets

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

$692,996,856 Top 2% higher than 98% 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

Averitt Express, Inc. Profit Sharing and 401(k) 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. Averitt Express, Inc. Profit Sharing and 401(k) Plan lands in the large band (9,257 participants).

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.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 620755421 · Averitt Express, Inc. PY 2023 · 401(k)

Averitt Express, Inc. Profit Sharing and 401(k) Plan · $693M · 9,257 · 98th

  • PHOTO $693M
  • IND 9,257
  • EOY 98th
  • 5500 401(k)
  • ASSETS near Amwins Group, Inc. 401(k) Plan
  • PCT ind #3258

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 →

Averitt Express, Inc. Profit Sharing and 401(k) Plan in the asset neighbourhood

Smithfield Foods, Inc. Salaried 401(k) PlanSmithfield Foods, Inc. Salar…$694MM. a. Mortenson Company Profit Sharing and Retirement Savings Plan and TrustM. a. Mortenson Company Prof…$694MWest Monroe Partners, Inc. 401(k) PlanWest Monroe Partners, Inc. 4…$694MAveritt Express, Inc. Profit Sharing and 401(k) PlanAveritt Express, Inc. Profit…$693MAmwins Group, Inc. 401(k) PlanAmwins Group, Inc. 401(k) Pl…$693M
End-of-year total assets ($M) among Averitt Express, Inc. Profit Sharing and 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Tennessee filing particulars

Total Assets (Beginning of Year)$602M
Net Assets (End of Year)$693M
Net Income$91M
Employer EIN620755421
Plan Effective Date1993-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Averitt Express, Inc.)

Sponsor-wide plan assets over time

All Averitt Express, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$775M 28.824412928760403% vs 2022
2024 filing year
$500M$600M$700M$800M 202220232024 $602M $775M ▲ +28.8%
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 Scatter plot of 6 data points. -1000000100000200000300000400000 -100102030 Total assets ($B) Participants Averitt Express, Inc. Profit Sharing and 401(k) Plan, Total assets ($B): 0.692996856 · Participants: 9257Averitt Express, Inc. Profit Sharing and 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
Averitt Express, Inc. Profit Sharing and 401(k) Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants
Compare Averitt Express, Inc. Profit Sharing and 401(k) Plan side-by-side with 3 peers →

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's out-of-state 401(k) peers by assets and headcount

Outside Tennessee, the nearest 401(k) by assets is Amwins Group, Inc. 401(k) Plan in NC ($693M); by covered participants it is Retail Services & Systems, Inc. Deferred Profit Sharing Plan in MD (9,259 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (9,257 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 Averitt Express, Inc. Profit Sharing and 401(k) Plan assets move in 2023? ▼
Averitt Express, Inc. Profit Sharing and 401(k) Plan grew sharply - up 15.2% during 2023, from $602M to $693M. Reported net income was $91M.
How have Averitt Express, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Averitt Express, Inc.'s sponsor-wide assets grew 28.8%, from $602M to $775M.
Where does Averitt Express, Inc. Profit Sharing and 401(k) Plan rank by assets among Form 5500 filers? ▼
Averitt Express, Inc. Profit Sharing and 401(k) Plan ranks in the 98th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Averitt Express, Inc. Profit Sharing and 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Amwins Group, Inc. 401(k) Plan in NC ($693M, 5,781 participants).
Which 401(k) plans cover a similar participant headcount to Averitt Express, Inc. Profit Sharing and 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Retail Services & Systems, Inc. Deferred Profit Sharing Plan in MD (9,259 participants, $131M 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 620755421.

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.