401(k) · DOL Form 5500 · 2023

Tforce Freight, Inc 401(k) Plan

Data updated 2026-08-25

$131M
Total assets Near avg plan size
8,473
Participants Very large workforce
93rd
Percentile by assets National rank
$15,468
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Teamsters Tforce Freight 401(k) Plan · Sponsored by Tforce Freight, Inc · Virginia · Transportation & Warehousing

$131M in assets, 8,473 participants

Tforce Freight, Inc's Teamsters Tforce Freight 401(k) Plan reported $131M in total assets and 8,473 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.

  • #3,065 in Transportation & Warehousing (3,362 peers)

Coverage in Virginia

Teamsters Tforce Freight 401(k) Plan covers 8,473 participants in Virginia, 11x the typical Virginia plan (state average ~782 per filing). Assets: $131M.

#3,065
in Transportation & Warehousing (3,362 peers)
+29.5%
assets growth YoY
1.3×
vs typical plan assets (national mean)

Teamsters Tforce Freight 401(k) Plan's outsized position by total assets

Teamsters Tforce Freight 401(k) Plan vs every filed plan by assets

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

$131,057,297 Top 7% higher than 93% 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

Teamsters Tforce Freight 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. Teamsters Tforce Freight 401(k) Plan lands in the large band (8,473 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Teamsters Tforce Freight 401(k) Plan reported net income rose from $11M in the plan year 2022 filing to $30M in the plan year 2023 filing.
  • Teamsters Tforce Freight 401(k) Plan end-of-year assets rose from $101M in the plan year 2022 filing to $131M in the plan year 2023 filing.
  • Teamsters Tforce Freight 401(k) Plan reported participants rose from 8,445 in the plan year 2022 filing to 8,473 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 540481236 · Tforce Freight, Inc PY 2023 · 401(k)

Teamsters Tforce Freight 401(k) Plan · $131M · 8,473 · 93rd

  • SCH $131M
  • EBSA 8,473
  • PART 93rd
  • TYPE 401(k)
  • NET near Park Place Technologies 401(k) Profit Sharing Plan
  • BOOK ind #3065

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 Virginia →

Teamsters Tforce Freight 401(k) Plan in the asset neighbourhood

Teamsters Tforce Freight 401(k) PlanTeamsters Tforce Freight 401…$131MPark Place Technologies 401(k) Profit Sharing PlanPark Place Technologies 401(…$131MIdeo Profit Sharing 401(k) Plan and TrustIdeo Profit Sharing 401(k) P…$131MRetail Services & Systems, Inc. Deferred Profit Sharing PlanRetail Services & Systems, I…$131MThe Washington Trust Company 401(k) PlanThe Washington Trust Company…$131M
End-of-year total assets ($M) among Teamsters Tforce Freight 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Virginia filing particulars

Total Assets (Beginning of Year)$101M
Net Assets (End of Year)$131M
Net Income$30M
Employer EIN540481236
Plan Effective Date2021-05-02
Filing StatusFILING RECEIVED

Sponsor Plan History (Tforce Freight, Inc)

Sponsor-wide plan assets over time

All Tforce Freight, Inc plans reported in each filing year

Latest sponsor-wide plan assets
$254M 25.612594066689326% vs 2022
2024 filing year
$180M$200M$220M$240M$260M$280M 202220232024 $202M $254M ▲ +25.6%
Year Plans Participants Total Assets
2022 2 16,890 $202M
2023 3 16,946 $262M
2024 3 15,887 $254M

Nearby 401(k) Plans in Virginia

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

Teamsters Tforce Freight 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. 020000400006000080000100000120000 -10010203040 Total assets ($B) Participants Teamsters Tforce Freight 401(k) Plan, Total assets ($B): 0.131057297 · Participants: 8473Teamsters Tforce Freight 401(k) PlanNorthrop Grumman Savings Plan, Total assets ($B): 36.173098625 · Participants: 97987Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 14.97867624 · Participants: 62467401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 11.167449098 · Participants: 48860General Dynamics Corporation 401(k) Plan 6.0Leidos, Inc. Retirement Plan, Total assets ($B): 10.583898778 · Participants: 27043Leidos, Inc. Retirement PlanBae Systems Employees' Savings and Investment Plan, Total assets ($B): 9.406287325 · Participants: 31681Bae Systems Employees' Savings and Investment Plan
Teamsters Tforce Freight 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

Scale composition for Teamsters Tforce Freight 401(k) Plan

Teamsters Tforce Freight 401(k) Plan reports $131M in end-of-year assets across 8,473 participants (0.001% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.009% of 93,925,755 covered participants) - about $15,468 per participant (11% of the national average assets-per-participant) . Net income for plan year 2023 was $30M.

This plan identity (EIN 540481236, plan #001) has 2 Form 5500 filings on file from 2022 to 2023 , with end-of-year assets moving from $101M to $131M (+29.5%) while covered participants moved from 8,445 to 8,473 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 8,445 $101M Open filing
2023 · index core 8,473 $131M This page

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Teamsters Tforce Freight 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Park Place Technologies 401(k) Profit Sharing Plan in OH ($131M); by covered participants it is Hendrick Automotive Group 401(k) Plan in NC (8,476 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (8,473 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 Teamsters Tforce Freight 401(k) Plan assets move in 2023? ▼
Teamsters Tforce Freight 401(k) Plan grew sharply - up 29.5% during 2023, from $101M to $131M. Reported net income was $30M.
How have Tforce Freight, Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Tforce Freight, Inc's sponsor-wide assets grew 25.6%, from $202M to $254M.
Where does Teamsters Tforce Freight 401(k) Plan rank by assets among Form 5500 filers? ▼
Teamsters Tforce Freight 401(k) Plan ranks in the 93rd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Teamsters Tforce Freight 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Park Place Technologies 401(k) Profit Sharing Plan in OH ($131M, 1,415 participants).
Which 401(k) plans cover a similar participant headcount to Teamsters Tforce Freight 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Hendrick Automotive Group 401(k) Plan in NC (8,476 participants, $657M in assets).