401(k) · DOL Form 5500 · 2023

Tforce Freight, Inc 401(k) Plan

Data updated 2026-08-11

$131M
Total assets
8,473
Participants
93rd
Percentile by assets
$15,468
Avg per participant
PlainRetire home → About this data

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.

  • 93rd percentile by assets (of 127,072 plans)
  • #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.

$131M
total plan assets (2023 EOY)
8,473
covered participants
93rd
percentile by assets (of 127,072 plans)
$15,468
avg assets per participant

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 →

Participants vs Virginia filers

In Virginia, the average filing covers about 782 participants across 3,655 plans. Teamsters Tforce Freight 401(k) Plan reports 8,473 participants - 11x that state average ($131M EOY assets).

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)

$180M$200M$220M$240M$260M$280M 202220232024 $202M $254M ▲ +25.6%
Total plan assets by year, all Tforce Freight, Inc plans on file
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

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 Fre…Northrop Grumman Sav…401(k) Pension PlanGeneral Dynamics Cor…Leidos, Inc. Retirem…Bae Systems Employee…
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 #004) has 4 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $101M to $164M (+62.4%) while covered participants moved from 8,445 to 6,513 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 8,445 $101M Open filing
2023 8,473 $131M This page
2024 9,370 $90M Open filing
2024 · index core 6,513 $164M Open filing

The same sponsor also keeps 2 other index-core plans on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Teamsters Tforce Freight 401(k) Plan by total assets, not by location.

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).

Next read for Teamsters Tforce Freight 401(k) Plan

Filing takeaways

Ways to act on Teamsters Tforce Freight 401(k) Plan's numbers.