Employers › Old Dominion Freight Line
Recordkeeping fees per participant · Old Dominion 401(k) Retirement Plan · plan year 2024
$39.46
Higher than 63% of the 790 plans over $1B that report it.
= $987,283 / 25,019
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250708151822NAL0011526178001, received 2025-07-08
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250708151822NAL0011526178001, received 2025-07-08
Percentiles compare this plan with the Schedule H plans over $1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-07-08.
Administrative expenses excluding investment management, per participant
$39.53
Higher than 40% of the 1,045 plans over $1B that report it.
= $988,952 / 25,019
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250708151822NAL0011526178001, received 2025-07-08
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250708151822NAL0011526178001, received 2025-07-08
Administrative expenses per participant
$62.05
Higher than 44% of the 1,076 plans over $1B that report it.
= $1,552,458 / 25,019
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250708151822NAL0011526178001, received 2025-07-08
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250708151822NAL0011526178001, received 2025-07-08
Administrative expenses as a share of assets
0.065%
Higher than 68% of the 1,076 plans over $1B that report it.
= $1,552,458 / $2,396,392,967
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250708151822NAL0011526178001, received 2025-07-08
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250708151822NAL0011526178001, received 2025-07-08
Employer contributions per participant
$4,490
Higher than 62% of the 1,135 plans over $1B that report it.
= $112,344,278 / 25,019
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250708151822NAL0011526178001, received 2025-07-08
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250708151822NAL0011526178001, received 2025-07-08
Employer share of total contributions
42.9%
Higher than 80% of the 1,135 plans over $1B that report it.
= $112,344,278 / $262,129,997
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250708151822NAL0011526178001, received 2025-07-08
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250708151822NAL0011526178001, received 2025-07-08
Employer match
“The Company matches 50% of the first 6% of compensation that a participant contributes to the Plan.”
Form 11-K filed 2026-06-22, for the year ended 2025-12-31 · plan description note, contributions · source document
Vesting
“Vesting in the Company’s contribution portion of the participants’ accounts plus actual earnings thereon is based on years of service in accordance with the following schedule:”
Form 11-K filed 2026-06-22, for the year ended 2025-12-31 · plan description note, vesting · source document
Automatic enrollment
“Upon satisfying the Plan’s eligibility criteria, a participant will be automatically enrolled in the Plan to defer 3% of annual compensation on a pre-tax basis unless the participant (i) elects not to defer any annual compensation, (ii) elects to defer a different percentage of annual compensation, or (iii) elects to contribute Roth after-tax elective deferrals.”
Form 11-K filed 2026-06-22, for the year ended 2025-12-31 · plan description note, contributions · source document
Terms quoted from the filing for the year ended 2025-12-31. Figures cover plan year 2024. The plan document governs.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2S pre-approved plan document · 2T default investment (QDIA) · 3D IRS pre-approved plan · 2O ESOP-related feature · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250708151822NAL0011526178001, received 2025-07-08
| Field | Value | Source |
|---|---|---|
| Plan sponsor | OLD DOMINION FREIGHT LINE, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250708151822NAL0011526178001, received 2025-07-08 |
| Plan name | OLD DOMINION 401(K) RETIREMENT PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250708151822NAL0011526178001, received 2025-07-08 |
| Sponsor EIN / plan number | 56-0751714 / 002 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250708151822NAL0011526178001, received 2025-07-08 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250708151822NAL0011526178001, received 2025-07-08 |
| Sponsor location | THOMASVILLE, NC | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250708151822NAL0011526178001, received 2025-07-08 |
| Industry (business code) | 484110, Transportation and warehousing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250708151822NAL0011526178001, received 2025-07-08 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250708151822NAL0011526178001, received 2025-07-08 |
| Filing received | 2025-07-08 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250708151822NAL0011526178001, received 2025-07-08 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250708151822NAL0011526178001, received 2025-07-08 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250708151822NAL0011526178001, received 2025-07-08 |
| Participants, beginning of year | 25,676 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250708151822NAL0011526178001, received 2025-07-08 |
| Active participants | 22,714 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250708151822NAL0011526178001, received 2025-07-08 |
| Participants, end of year | 25,253 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250708151822NAL0011526178001, received 2025-07-08 |
| Participants with an account balance | 25,019 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250708151822NAL0011526178001, received 2025-07-08 |
| Total assets, beginning of year | $2,254,171,242 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250708151822NAL0011526178001, received 2025-07-08 |
| Total assets, end of year | $2,396,392,967 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250708151822NAL0011526178001, received 2025-07-08 |
| Net assets, end of year | $2,396,392,967 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250708151822NAL0011526178001, received 2025-07-08 |
| Total income | $382,942,934 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250708151822NAL0011526178001, received 2025-07-08 |
| Net income | $142,221,725 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250708151822NAL0011526178001, received 2025-07-08 |
| Employer contributions | $112,344,278 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250708151822NAL0011526178001, received 2025-07-08 |
| Participant contributions | $138,657,572 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250708151822NAL0011526178001, received 2025-07-08 |
| Other contributions (incl. rollovers) | $11,128,147 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250708151822NAL0011526178001, received 2025-07-08 |
| Total contributions | $262,129,997 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250708151822NAL0011526178001, received 2025-07-08 |
| Benefit payments | $238,399,064 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250708151822NAL0011526178001, received 2025-07-08 |
| Total expenses (incl. benefit payments) | $240,721,209 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250708151822NAL0011526178001, received 2025-07-08 |
| Total administrative expenses | $1,552,458 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250708151822NAL0011526178001, received 2025-07-08 |
| Contract administrator fees | $0 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250708151822NAL0011526178001, received 2025-07-08 |
| Recordkeeping fees | $987,283 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250708151822NAL0011526178001, received 2025-07-08 |
| IQPA audit fees | $0 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250708151822NAL0011526178001, received 2025-07-08 |
| Investment advisory and management fees | $563,506 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250708151822NAL0011526178001, received 2025-07-08 |
| Administrative expenses excluding investment management | $988,952 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250708151822NAL0011526178001, received 2025-07-08 |
| Held in master trusts | $0 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20250708151822NAL0011526178001, received 2025-07-08 |
| Held in common/collective trusts | $444,858,629 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250708151822NAL0011526178001, received 2025-07-08 |
| Held in mutual funds | $817,445,456 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250708151822NAL0011526178001, received 2025-07-08 |
| Independent auditor | FORVIS MAZARS, LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250708151822NAL0011526178001, received 2025-07-08 |
Position = column in the DOL layout for form year 2024. Filing 20250708151822NAL0011526178001, received 2025-07-08.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| EMPOWER ADVISORY GROUP, LLC | NONE | 26 Investment advisory (participants); 50 Direct payment from the plan | $2,128,633 | no |
| EMPOWER ANNUITY INSURANCE COMPANY Orecordkeeper | NONE | 15 Recordkeeping and information management; 37 Participant loan processing; 50 Direct payment from the plan; 64 Recordkeeping fees | $987,283 | no |
| STIFEL, NICOLAUS & COMPANY, INCORPO | NONE | 50 Direct payment from the plan | $28,786 | no |
| CHARLES SCHWAB & CO., INC. | NONE | 33 Securities brokerage; 50 Direct payment from the plan; 59 Shareholder servicing fees; 71 Securities brokerage commissions and fees | $1,669 | yes |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250708151822NAL0011526178001, received 2025-07-08.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $2,254,171,242 | $2,396,392,967 | 6.3% |
| Participants with a balance | 25,052 | 25,019 | -0.1% |
| Administrative expenses | $1,449,129 | $1,552,458 | 7.1% |
| Recordkeeping fees per participant | $38.62 | $39.46 | 2.2% |
| Employer contributions | $119,351,465 | $112,344,278 | -5.9% |
Prior filing 20240725104409NAL0008151251001, received 2024-07-25; the plan years are contiguous.
Sponsor name as filed: OLD DOMINION FREIGHT LINE, INC.; SEC registrant: OLD DOMINION FREIGHT LINE, INC. (CIK 878927, matched by EIN; display name from the Form 11-K cover).