Plan Snapshot
- Plan Sponsor: Old Dominion Freight Line, INC.
- Sponsor EIN: 560751714
- Sponsor Address: 500 OLD DOMINION WAY, THOMASVILLE, NC, 273608683
- Plan Type: 401(k)
- Total Participants: 22,714
- Total Assets: $2.4B
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 | 22,714 | $2.4B | $112.3M | $138.7M |
| 2023 | 23,225 | $2.3B | $119.4M | $130.0M |
| 2022 | 24,399 | $1.8B | $135.2M | $126.3M |
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 |
|---|---|---|---|---|
| EMPOWER ADVISORY GROUP, LLC | NONE | $2,128,633 | — | $2,128,633 |
| EMPOWER ANNUITY INSURANCE COMPANY O | NONE | $987,283 | — | $987,283 |
| STIFEL, NICOLAUS & COMPANY, INCORPO | NONE | $28,786 | — | $28,786 |
| FORVIS MAZARS, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STIFEL, NICOLAUS & COMPANY, INCORPO — NONE
- FORVIS MAZARS, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $3,144,702
- Estimated Expense Ratio: 0.131% of plan assets
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 | $1,552,458 | $563,506 | — | — | — |
| 2023 | $1,449,129 | $480,944 | — | — | — |
| 2022 | $1,647,095 | $582,367 | — | — | — |