401(k) · DOL Form 5500 · 2024

Forward Air Corporation 401(k) Plan

Data updated 2026-08-25

$129M
Total assets Near avg plan size
4,424
Participants Above avg headcount
92nd
Percentile by assets National rank
$29,050
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Forward Air Corporation 401(k) Plan · Sponsored by Forward Air Corporation · Tennessee · Transportation & Warehousing

$129M in assets, 4,424 participants

Forward Air Corporation's Forward Air Corporation 401(k) Plan reported $129M in total assets and 4,424 participants in its 2024 DOL Form 5500 filing, ranking in the 92nd 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.

  • #2,971 in Transportation & Warehousing (3,299 peers)

Coverage in Tennessee

Forward Air Corporation 401(k) Plan covers 4,424 participants in Tennessee, 3.9x the typical Tennessee plan (state average ~1,126 per filing). Assets: $129M.

#2,971
in Transportation & Warehousing (3,299 peers)
+1.9%
assets growth YoY
1.3×
vs typical plan assets (national mean)

Forward Air Corporation 401(k) Plan's outsized position by total assets

Forward Air Corporation 401(k) Plan vs every filed plan by assets

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

$128,518,084 Top 8% higher than 92% 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

Forward Air Corporation 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Forward Air Corporation 401(k) Plan lands in the large band (4,424 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Forward Air Corporation 401(k) Plan reported net income fell from $21M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Forward Air Corporation 401(k) Plan reported participants rose from 4,238 in the plan year 2023 filing to 4,424 in the plan year 2024 filing.
  • Forward Air Corporation 401(k) Plan end-of-year assets rose from $126M in the plan year 2023 filing to $129M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 621120025 · Forward Air Corporation PY 2024 · 401(k)

Forward Air Corporation 401(k) Plan · $129M · 4,424 · 92nd

  • SCH $129M
  • SCH 4,424
  • SCH 92nd
  • SCH 401(k)
  • SCH near Oatey Co. Profit Sharing Retirement Trust and Savings Incentive Plan
  • SCH ind #2971

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 →

Forward Air Corporation 401(k) Plan in the asset neighbourhood

Carrington 401(k) Plan$129MForward Air Corporation 401(k) PlanForward Air Corporation 401(…$129MOatey Co. Profit Sharing Retirement Trust and Savings Incentive PlanOatey Co. Profit Sharing Ret…$128MB & H Foto 401(k) Retirement PlanB & H Foto 401(k) Retirement…$128MZt Group Int'l, Inc 401(k) Profit Sharing PlanZt Group Int'l, Inc 401(k) P…$128M
End-of-year total assets ($M) among Forward Air Corporation 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Tennessee filing particulars

Total Assets (Beginning of Year)$126M
Net Assets (End of Year)$129M
Net Income$2M
Employer EIN621120025
Plan Effective Date1994-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Forward Air Corporation)

Sponsor-wide plan assets over time

All Forward Air Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$129M 22.239208386411928% vs 2022
2024 filing year
$100M$110M$120M$130M$140M 202220232024 $105M $129M ▲ +22.2%
Year Plans Participants Total Assets
2022 1 3,966 $105M
2023 1 4,238 $126M
2024 1 4,424 $129M

Nearby 401(k) Plans in Tennessee

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

Forward Air Corporation 401(k) Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -100102030 Total assets ($B) Participants Forward Air Corporation 401(k) Plan, Total assets ($B): 0.128518084 · Participants: 4424Forward Air Corporation 401(k) PlanFedex Corporation Retirement Savings Plan, Total assets ($B): 25.378065969 · Participants: 113079Fedex Corporation Retirement Savings PlanHca 401(k) Plan, Total assets ($B): 23.821303026 · Participants: 307086Hca 401(k) PlanFederal Express Corporation Pilots Retirement Savings Plan, Total assets ($B): 5.306930367 · Participants: 5830Federal Express Corporation Pilots Retirement Savings PlanInternational Paper Company Salaried Savings Plan, Total assets ($B): 4.993858777 · Participants: 12564International Paper Company Salaried Savings PlanChs/Community Health Systems, Inc. Retirement Savings Plan, Total assets ($B): 4.778242011 · Participants: 59441Chs/Community Health Systems, Inc. Retirement Savings Plan
Forward Air Corporation 401(k) Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants

Forward Air Corporation 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Tennessee, the nearest 401(k) by assets is Oatey Co. Profit Sharing Retirement Trust and Savings Incentive Plan in OH ($128M); by covered participants it is Restaurant Brands International Savings Plan in FL (4,425 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($129M here).

Similar participant headcount

Nearest other-state filings by covered participants (4,424 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 Forward Air Corporation 401(k) Plan assets move in 2024?
Forward Air Corporation 401(k) Plan edged up modestly - up 1.9% during 2024, from $126M to $129M. Reported net income was $2M.
How have Forward Air Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Forward Air Corporation's sponsor-wide assets grew 22.2%, from $105M to $129M.
Where does Forward Air Corporation 401(k) Plan rank by assets among Form 5500 filers?
Forward Air Corporation 401(k) Plan ranks in the 92nd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Forward Air Corporation 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Oatey Co. Profit Sharing Retirement Trust and Savings Incentive Plan in OH ($128M, 1,280 participants).
Which 401(k) plans cover a similar participant headcount to Forward Air Corporation 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Restaurant Brands International Savings Plan in FL (4,425 participants, $193M in assets).