Retirement plan

KNIGHT-SWIFT TRANSPORTATION HOLDINGS, INC. RETIREMENT PLAN

Name: KNIGHT-SWIFT TRANSPORTATION HOLDINGS INC. - KNIGHT-SWIFT TRANSPORTATION HOLDINGS, INC. RETIREMENT PLAN (2024) Form 5500
Creator: KNIGHT-SWIFT TRANSPORTATION HOLDINGS INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KNIGHT-SWIFT TRANSPORTATION HOLDINGS, INC. RETIREMENT PLAN, KNIGHT-SWIFT TRANSPORTATION HOLDINGS INC.

KNIGHT-SWIFT TRANSPORTATION HOLDINGS INC.EIN 20-5589597Plan #003PY 2024

2200 S 75TH AVE - PHOENIX, AZ 850437410800-800-2200knight-swift.comLinkedIn10001+ employeeslogistics and supply chain

Prospect flagsFailed to transmit contributionsCorrective distributions

Top hat statement on fileNQDC

Filed May 28, 2009

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

Open the filing PDF

How to read this page

Total assets (EOY)

$1019.1M

+29.1% from 2023

Total participants

36,328

+34.4% from 2023

Average account balance

$33,604

+0.2% from 2023

Annual return

31.30%

-81.09 pp from 2023

Benchmarks

See 51 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants>=10,000

Cohort51 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$1.02B

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$34K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

30,327

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

80.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$111.85M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+31.30%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$64

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 8 by compensation

Provider	Service type	Compensation
PRINCIPAL LIFE INSURANCE COMPANY10+ years Service code 13 · EIN 42-0127290	Contract Administrator	$1,619,951
PIETZSCH, BONNETT & WOMACK, P.A.1 year Filed as: PIETZSCH LAW GROUP,PA Service code 27 · EIN 81-0574082	Advisory (Plan)	$633,279
MMA SECURITIES LLC2 years Filed as: MMA SECURITIES, LLC Service code 16 · EIN 22-3570392	Consulting	$67,500
CLIFTONLARSONALLEN LLP6 years Service code 10 · EIN 41-0746749	Accounting	$24,150
LBMC, PC1 year Filed as: LBMC PC Service code 27 · EIN 62-1199757	Advisory (Plan)	$20,900
CHARLES SCHWAB & CO., INC.1 year Filed as: CHARLES SCHWAB & CO, INC. Service code 33 · EIN 94-1737782	Securities brokerage commissions and ...	$1,312
MORNINGSTAR1 year Filed as: MORNINGSTAR INVESTMENT SERVICE Service code 26 · EIN 36-4410122	Advisory (Participants)	$336
MORNINGSTAR2 years Filed as: MORNINGSTAR INVESTMENT MANAGEMENT L Service code 26 · EIN 36-4317381	Advisory (Participants)	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2R2S2T3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$1.9M

$63 / participant

Investment mgmt$250K12.9%
Legal$69K3.5%
Contract admin$2M83.6%
Other / not subdivided$3360.0%

% of EOY assets

0.190%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CLIFTON LARSON ALLEN
Auditor EIN: 410746749
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$33,604

$140,910-76.2%

$76,119-55.9%

$106,553-68.5%

Participation rate

80.7%

64.1%+16.5pp

69.1%+11.6pp

69.8%+10.8pp

Annual return

31.30%

16.51%+14.8pp

361.25%-329.9pp

17.37%+13.9pp

Employer contribution / active EE

$1,082

$5,354-79.8%

$2,693-59.8%

$3,359-67.8%

Participant deferral / active EE

$2,524

$5,004-49.6%

$4,259-40.7%

$5,562-54.6%

Admin fee / account holder

$64

$117-45.5%

$6,421-99.0%

$80-19.7%

Provider

Service type

Compensation

PRINCIPAL LIFE INSURANCE COMPANY10+ years

Service code 13 · EIN 42-0127290

Contract Administrator

$1,619,951

PIETZSCH, BONNETT & WOMACK, P.A.1 year

Filed as: PIETZSCH LAW GROUP,PA

Service code 27 · EIN 81-0574082

Advisory (Plan)

$633,279

MMA SECURITIES LLC2 years

Filed as: MMA SECURITIES, LLC

Service code 16 · EIN 22-3570392

Consulting

$67,500

CLIFTONLARSONALLEN LLP6 years

Service code 10 · EIN 41-0746749

Accounting

$24,150

LBMC, PC1 year

Filed as: LBMC PC

Service code 27 · EIN 62-1199757

Advisory (Plan)

$20,900

CHARLES SCHWAB & CO., INC.1 year

Filed as: CHARLES SCHWAB & CO, INC.

Service code 33 · EIN 94-1737782

Securities brokerage commissions and ...

$1,312

MORNINGSTAR1 year

Filed as: MORNINGSTAR INVESTMENT SERVICE

Service code 26 · EIN 36-4410122

Advisory (Participants)

$336

MORNINGSTAR2 years

Filed as: MORNINGSTAR INVESTMENT MANAGEMENT L

Service code 26 · EIN 36-4317381

Advisory (Participants)

KNIGHT-SWIFT TRANSPORTATION HOLDINGS, INC. RETIREMENT PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KNIGHT-SWIFT TRANSPORTATION HOLDINGS, INC. RETIREMENT PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion