‘THE NUMBERS DON’T LIE’
Driving Associates Discuss Profit Sharing Our Profit Sharing program is a unique opportunity to Share the Effort Share the Effort, Share the Share the Reward. And since it began in 1984, associates have received contributions every quarter, proving that the program stands the test of time. ‘IT REALLY ADDS UP’ Knoxville shuttle driver RANDY FREELS is one teammate who has seen the benefits of Profit Sharing. He started as a dock associate in 1988 soon after he graduated from high school, and in 1991 he got in the driver’s seat in a city role. Since 1998, he’s served in shuttle. “I’m just amazed – especially last year – at the big deposits that were made,” Randy says of his Profit Sharing 401(k) account. “I look at the big numbers that are getting dropped in there every month, and I look at my account, and it’s like, ‘Wow, it really adds up.’” BIG DIFFERENCE AT AVERITT CHRIS YOHN has been a member of our driving force since 2014. Chis is on our Truckload team, and he has served as a driver-trainer and as a member of our Driver Advisory Council before recently moving to a dedicated Truckload route out of Cartersville. Chris says the difference in our Profit Sharing plan is obvious. “Other companies will mention profit sharing, but it’s kind of a wash,” Chris explains. “They don’t put a lot of money into it, and it’s more of an advertising thing to get you to join their company. But here at Averitt, every year has been great, especially the past few years. It’s been amazing how
Knoxville shuttle driver RANDY FREELS (left) and Cartersville Truckload driver CHRIS YOHN (right) have both seen how our Profit Sharing program helps us Share The Effort, Share The Reward.
much Averitt is dumping into your 401(k) account. That’s free money.” Chris is very open to others who want to know how our Profit Sharing plan works. “I just show them my numbers, because I’m not shy about that,” he says with a laugh. “I show people how much Averitt has put into my 401(k). It’s not bragging or anything. The proof is in the pudding. When you can show them the numbers, the numbers don’t lie.” EVERYONE CAN MAKE AN IMPACT Randy and Chris agree that every associate’s actions make an impact in maximizing our Profit Sharing. “For example, in shuttle, not unnecessarily idling our trucks, keeping up our equipment and trying to avoid roadside breakdowns with tires and stuff like that,” Randy explains. “We can all do our part.” Chris adds that getting fuel at Averitt facilities, avoiding accidents and performing pre-trip inspections are important actions. “All those little things really add up,” he says. Want to know more about our Profit Sharing plan and how you can make a difference? Log on to InsideAveritt.com/ProfitSharing. T m
WORKING HAND IN HAND Profit Sharing, Your Contributions Help Your 401(k) Grow When you began your career at Averitt, we started planning for your future by setting up and auto-enrolling you into a 401(k) retirement account. There are two ways this account grows: the funds you elect to contribute, and through our Profit Sharing plan. To allocate additional funds from your paycheck: • Log on to Principal.com • Click the “Contributions” dropdown menu
• Select “Manage Contributions” – there, you can decide how much, if any, additional funds you would like to deposit to your account
FROM GARY SASSER PG. 1 - the strongest representations of our culture. He has been an invaluable member of our team, serving the last several years as President. Wayne is retiring on July 1, and he leaves an incredible legacy that I am forever thankful for. Under his thoughtful, grounded leadership, we have built the strongest team in the transportation industry.
His exceptional ability to execute our vision has helped us achieve outstanding, sustained performance. Wayne is widely respected by our associates, our customers, and throughout the industry. Quite simply, we are who we are today in large part because of Wayne. Moving forward, I’m excited that Chief Operating Officer BARRY BLAKELY will be assuming the title
of President and COO. Barry has been with us for more than 35 years, and he’s an excellent example of career growth and promoting from within. Because of his experience and outstanding track record of leadership, I’m confident that we’re in a great position to continue the Averitt legacy while moving forward toward an even brighter future. I want to say a heartfelt thank
you to Wayne for his remarkable contributions to Averitt, and I congratulate Barry on his expanded role with our team and look forward to building our culture for years to come.
COMMUNITY CHALLENGE matters
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