401(k) · DOL Form 5500 · 2024

Firstgroup America, Inc. 401(k) Plan

Data updated 2026-08-25

$328M
Total assets Above avg plan size
43,376
Participants Very large workforce
96th
Percentile by assets National rank
$7,566
Avg per participant Low balance/head
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Official DOL plan name: First Student, Inc. Retirement Savings Plan · Sponsored by Firstgroup America, Inc. · Ohio · Transportation & Warehousing

$328M in assets, 43,376 participants

Firstgroup America, Inc.'s First Student, Inc. Retirement Savings Plan reported $328M in total assets and 43,376 participants in its 2024 DOL Form 5500 filing, ranking in the 96th 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.

  • #3,116 in Transportation & Warehousing (3,299 peers)

Coverage in Ohio

First Student, Inc. Retirement Savings Plan covers 43,376 participants in Ohio, 57x the typical Ohio plan (state average ~765 per filing). Assets: $328M.

#3,116
in Transportation & Warehousing (3,299 peers)
+8.1%
assets growth YoY
3.3×
vs typical plan assets (national mean)

First Student, Inc. Retirement Savings Plan's outsized position by total assets

First Student, Inc. Retirement Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$328,168,310 Top 4% higher than 96% of 123,620 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 2024

First Student, Inc. Retirement Savings Plan's mega-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. First Student, Inc. Retirement Savings Plan is a mega filing (43,376 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • First Student, Inc. Retirement Savings Plan reported net income rose from -$18M in the plan year 2023 filing to $21M in the plan year 2024 filing.
  • First Student, Inc. Retirement Savings Plan reported participants fell from 50,731 in the plan year 2023 filing to 43,376 in the plan year 2024 filing.
  • First Student, Inc. Retirement Savings Plan end-of-year assets rose from $304M in the plan year 2023 filing to $328M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 522205403 · Firstgroup America, Inc. PY 2024 · 401(k)

First Student, Inc. Retirement Savings Plan · $328M · 43,376 · 96th

  • BOOK $328M
  • BOOK 43,376
  • BOOK 96th
  • BOOK 401(k)
  • BOOK near Firstservice Residential 401(k) Plan
  • BOOK ind #3116

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 Ohio →

First Student, Inc. Retirement Savings Plan in the asset neighbourhood

Coinbase, Inc. Retirement TrustCoinbase, Inc. Retirement Tr…$328MFirst Student, Inc. Retirement Savings PlanFirst Student, Inc. Retireme…$328MFirstservice Residential 401(k) PlanFirstservice Residential 401…$328MTempur Sealy 401(k) Retirement PlanTempur Sealy 401(k) Retireme…$328MNorthwest Agc Chapters Retirement PlanNorthwest Agc Chapters Retir…$328M
End-of-year total assets ($M) among First Student, Inc. Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Ohio filing particulars

Total Assets (Beginning of Year)$304M
Net Assets (End of Year)$328M
Net Income$21M
Employer EIN522205403
Plan Effective Date1999-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Firstgroup America, Inc.)

Sponsor-wide plan assets over time

All Firstgroup America, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$422M 8.764082808680081% vs 2022
2024 filing year
$380M$400M$420M$440M 202220232024 $388M $422M ▲ +8.8%
Year Plans Participants Total Assets
2022 2 47,018 $388M
2023 2 50,932 $401M
2024 2 43,516 $422M

Nearby 401(k) Plans in Ohio

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

First Student, Inc. Retirement Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. 050000100000150000 -505101520 Total assets ($B) Participants First Student, Inc. Retirement Savings Plan, Total assets ($B): 0.32816831 · Participants: 43376First Student, Inc. Retirement Savings PlanGE Aerospace Retirement Savings Plan, Total assets ($B): 14.738724553 · Participants: 45620GE Aerospace Retirement Savings PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 11.809161 · Participants: 135373The Kroger Co. 401(k) Retirement Savings Account PlanThe Progressive 401(k) Plan, Total assets ($B): 11.533546294 · Participants: 62521The Progressive 401(k) PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.563559628 · Participants: 47459The Sherwin-Williams Company 401(k) PlanParker Retirement Savings Plan, Total assets ($B): 9.010073432 · Participants: 26315Parker Retirement Savings Plan
First Student, Inc. Retirement Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare First Student, Inc. Retirement Savings Plan side-by-side with 3 peers →

Scale composition for First Student, Inc. Retirement Savings Plan

First Student, Inc. Retirement Savings Plan reports $328M in end-of-year assets across 43,376 participants (0.003% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.046% of 93,925,755 covered participants) - about $7,566 per participant (5% of the national average assets-per-participant) . Net income for plan year 2024 was $21M.

This plan identity (EIN 522205403, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $308M to $328M (+6.4%) while covered participants moved from 46,790 to 43,376 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 46,790 $308M Open filing
2023 50,731 $304M Open filing
2024 · index core 43,376 $328M This page

First Student, Inc. Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Firstservice Residential 401(k) Plan in FL ($328M); by covered participants it is Select Medical Corporation 401(k) Plan in PA (43,419 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($328M here).

Similar participant headcount

Nearest other-state filings by covered participants (43,376 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did First Student, Inc. Retirement Savings Plan assets move in 2024? ▼
First Student, Inc. Retirement Savings Plan grew at a solid clip - up 8.1% during 2024, from $304M to $328M. Reported net income was $21M.
How have Firstgroup America, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Firstgroup America, Inc.'s sponsor-wide assets grew 8.8%, from $388M to $422M.
Where does First Student, Inc. Retirement Savings Plan rank by assets among Form 5500 filers? ▼
First Student, Inc. Retirement Savings Plan ranks in the 96th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to First Student, Inc. Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Firstservice Residential 401(k) Plan in FL ($328M, 15,985 participants).
Which 401(k) plans cover a similar participant headcount to First Student, Inc. Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Select Medical Corporation 401(k) Plan in PA (43,419 participants, $2.8B in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 522205403.

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.