Plan Snapshot
- Plan Sponsor: Averitt Express, INC.
- Sponsor EIN: 620755421
- Sponsor Address: 1415 NEAL ST., COOKEVILLE, TN, 385203166
- Plan Type: 401(k)
- Total Participants: 8,187
- Total Assets: $775.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 8,187 | $775.2M | $41.5M | $51.4M |
| 2023 | 8,566 | $693.0M | $48.6M | $50.2M |
| 2022 | 9,262 | $601.8M | $57.8M | $47.2M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| CARR, RIGGS & INGRAM, LLC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $982,726 | $750 | $762,022 | — | — |
| 2023 | $934,534 | — | $746,314 | — | — |
| 2022 | $893,454 | — | $715,633 | — | $177,821 |