Plan Ledger DOL Form 5500 · updated monthly

Knight-Swift Transportation Holdings Inc.401(k)

KNIGHT-SWIFT TRANSPORTATION HOLDINGS, INC. RETIREMENT PLAN · PHOENIX, AZ · plan year 2024

Reported admin expense ratio · 2024
0.21%

Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works

Knight-Swift Transportation Holdings Inc. reported $1,939,840 in plan administrative expenses for 2024: 0.21% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,082 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.36% to 0.21%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 18th-largest of 1,285 plans among Arizona employers on file, and the 39th of 2,677 in transportation & warehousing. In 2024, employees put in $2.33 for every $1.00 the employer contributed; active participation has grown from 18,147 to 31,022 since 2022.

Plan summary
Net assets, end of year$1,019,117,818
Participants with balances30,327
Active participants31,022
Employer contributions$33,556,869
Employee contributions$78,294,246
Employer contribution per active participant$1,082
Average account balance$33,604
Benefits paid to participants$129,311,802
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.0B · 30,327 accts · $33.6M emplr
2023$789.5M · 23,547 accts · $28.9M emplr
2022$375.6M · 16,395 accts · $18.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,621,263
Investment management$249,714
Total administrative$1,939,840
The Knight-Swift Transportation Holdings Inc. 401(k) match · 2024
Employer contribution per active participant$1,082
Median for plans this size$4,294
2024$1,082 per active participant
2023$1,253 per active participant
2022$1,034 per active participant

Knight-Swift Transportation Holdings Inc.'s 2024 employer contribution ran below the $4,294 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20248
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$1,619,951
PIETZSCH LAW GROUP,PA · Investment advisory (plan) · Legal$297,341
LBMC PC · Investment advisory (plan)$20,900
CHARLES SCHWAB & CO, INC. · Securities brokerage$1,312
MORNINGSTAR INVESTMENT SERVICE · Investment advisory (participants)$336
MMA SECURITIES, LLC · Consultingindirect comp
CLIFTONLARSONALLEN LLP · Accounting / auditindirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$1,939,840 · 0.21%
2023$1,004,245 · 0.17%
2022$1,474,286 · 0.36%
Same employer
Similar plansTransportation & Warehousing · Arizona
Atlas Air, Inc. NY$1.1B · 0.04%
Univar Solutions USA Inc. IL$1.1B · 0.12%
Maersk Inc. NJ$1.0B · 0.07%
The Chemours Company DE$964.8M · 0.09%
Frontier Airlines, Inc. CO$961.9M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 205589597 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.