401(k) · DOL Form 5500 · 2023

Air T, Inc. 401(k) Plan

Data updated 2026-08-25

$28M
Total assets Below avg plan size
463
Participants Below avg headcount
78th
Percentile by assets National rank
$61,262
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Air T, Inc. 401(k) Retirement Plan · Sponsored by Air T, Inc. · North Carolina · Transportation & Warehousing

$28M in assets, 463 participants

Air T, Inc.'s Air T, Inc. 401(k) Retirement Plan reported $28M in total assets and 463 participants in its 2023 DOL Form 5500 filing, ranking in the 78th 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.

  • #2,598 in Transportation & Warehousing (3,362 peers)

Where Air T, Inc. 401(k) Retirement Plan sits by assets

Air T, Inc. 401(k) Retirement Plan sits in the top quartile of all filed plans by assets, $28M for 463 participants (~$61,262/participant), up 11.8% in 2023.

#2,598
in Transportation & Warehousing (3,362 peers)
+11.8%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Air T, Inc. 401(k) Retirement Plan's outsized position by total assets

Air T, Inc. 401(k) Retirement Plan vs every filed plan by assets

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

$28,364,483 Top 22% higher than 78% 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

Air T, Inc. 401(k) Retirement 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. Air T, Inc. 401(k) Retirement Plan sits mid-pack in the medium band (463 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Air T, Inc. 401(k) Retirement Plan reported net income rose from -$4M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Air T, Inc. 401(k) Retirement Plan reported participants rose from 375 in the plan year 2022 filing to 463 in the plan year 2023 filing.
  • Air T, Inc. 401(k) Retirement Plan end-of-year assets rose from $25M in the plan year 2022 filing to $28M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 521206400 · Air T, Inc. PY 2023 · 401(k)

Air T, Inc. 401(k) Retirement Plan · $28M · 463 · 78th

  • EBSA $28M
  • EBSA 463
  • EBSA 78th
  • EBSA 401(k)
  • EBSA near Smp Automotive Systems Employee 401(k) Plan
  • EBSA ind #2598

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 North Carolina →

Air T, Inc. 401(k) Retirement Plan in the asset neighbourhood

Legacy Health Services 401(k) Retirement Savings PlanLegacy Health Services 401(k…$28MAir T, Inc. 401(k) Retirement PlanAir T, Inc. 401(k) Retiremen…$28MSmp Automotive Systems Employee 401(k) PlanSmp Automotive Systems Emplo…$28MThe Law Offices of Peter G. Angelos 401(k) PlanThe Law Offices of Peter G. …$28MWaterfall Asset Management LLC 401(k) PlanWaterfall Asset Management L…$28M
End-of-year total assets ($M) among Air T, Inc. 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$25M
Net Assets (End of Year)$28M
Net Income$3M
Employer EIN521206400
Plan Effective Date1987-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Air T, Inc.)

Sponsor-wide plan assets over time

All Air T, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$34M 29.499643784729095% vs 2022
2024 filing year
$25M$30M$35M$40M 202220232024 $26.4M $34.2M ▲ +29.5%
Year Plans Participants Total Assets
2022 2 383 $26M
2023 2 484 $30M
2024 2 590 $34M

Nearby 401(k) Plans in North Carolina

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

Air T, Inc. 401(k) Retirement Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Air T, Inc. 401(k) Retirement Plan, Total assets ($B): 0.028364483 · Participants: 463Air T, Inc. 401(k) Retirement PlanThe Bank of America 401(k) Plan, Total assets ($B): 54.848846192 · Participants: 173899The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 15.388124058 · Participants: 40004Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 10.354065 · Participants: 28121Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 10.120701726 · Participants: 55480Truist Financial Corporation 401(k) Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 8.510660989 · Participants: 24174Nucor Corporation Profit Sharing and Retirement Savings Plan
Air T, Inc. 401(k) Retirement Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Air T, Inc. 401(k) Retirement Plan side-by-side with 3 peers →

Air T, Inc. 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Smp Automotive Systems Employee 401(k) Plan in AL ($28M); by covered participants it is J. a. Riggs Tractor Company Profit Sharing Plan in AR (463 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (463 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 Air T, Inc. 401(k) Retirement Plan assets move in 2023? ▼
Air T, Inc. 401(k) Retirement Plan grew at a solid clip - up 11.8% during 2023, from $25M to $28M. Reported net income was $3M.
How have Air T, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Air T, Inc.'s sponsor-wide assets grew 29.5%, from $26M to $34M.
Where does Air T, Inc. 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
Air T, Inc. 401(k) Retirement Plan ranks in the 78th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Air T, Inc. 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Smp Automotive Systems Employee 401(k) Plan in AL ($28M, 1,596 participants).
Which 401(k) plans cover a similar participant headcount to Air T, Inc. 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is J. a. Riggs Tractor Company Profit Sharing Plan in AR (463 participants, $72M 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 521206400.

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.