2024 plan-year Industry rank #10 of 21 DOL Form 5500

Management of Enterprises Retirement Plans

1,176 ERISA-covered retirement plans in the Management of Enterprises industry, holding $418.1B for 1,725,827 participants per 2024 Form 5500 filings.

$418.1B across 1,176 plans

According to DOL Form 5500 filings (plan year 2024), the Management of Enterprises industry sponsors 1,176 ERISA-covered retirement plans holding $418.1B for 1,725,827 participants, ranking #10 of 21 industries by plan assets, with 77.1% structured as 401(k)s.

  • #10 of 21 industries
  • 77.1% 401(k) plans

The industry in one line

Management of Enterprises sponsors 1,176 ERISA-covered retirement plans holding $418.1B for 1,725,827 participants, the 10th-largest industry by plan assets.

$418.1B
total plan assets
1,176
employer plans
$356M
average plan size
77.1%
of plans are 401(k)s
Plans
1,176
401(k) Plans
907
77.1% of plans
Total Assets
$418.1B
Participants
1,725,827

What the Management of Enterprises Industry Plan Filings Show

The Management of Enterprises industry sponsors 1,176 ERISA-covered retirement plans according to 2024 Form 5500 filings, ranking #10 of 21 industries on PlainRetire by total plan assets. Within the industry, 77.1% of plans are 401(k) defined-contribution arrangements (907 plans), with the remainder split across defined-benefit pension plans, profit-sharing arrangements, ESOPs, and money-purchase plans. The average plan in Management of Enterprises holds $356M in end-of-year assets and covers 1,468 participants.

Industry-level totals reflect aggregate sponsor disclosures on Form 5500 Schedule H and Schedule I and provide a useful frame for benchmarking individual employer plans. They are not a substitute for plan-specific Summary Plan Description review when evaluating any single plan. Industry classification is self-reported by sponsors based on the primary economic activity of the sponsoring employer. Plans whose sponsor industry has changed across years (mergers, restructurings) carry the most-recent classification on file.

Plan Type Breakdown (Management of Enterprises)

Plan Type Plans Participants Total Assets
401(k) 907 1,455,735 $314.6B
Defined Benefit (Pension) 105 229,951 $73.7B
ESOP 90 31,209 $29.1B
Profit Sharing 67 7,897 $554M
Money Purchase 3 316 $53M
Other 4 719 $31M

Largest Management of Enterprises Plans by Assets

Top 30 Management of Enterprises retirement plans ranked by 2024 end-of-year total assets.

# Plan Sponsor State Type Participants Assets
1 The Bank of America 401(k) Plan Bank of America Corporation NC 401(k) 168,963 $62.9B
2 Wells Fargo & Company 401(k) Plan Wells Fargo & Company MN 401(k) 179,076 $57.9B
3 Sammons Enterprises, Inc. Employee Stock Ownership Plan Sammons Enterprises, Inc. TX ESOP 3,284 $23.9B
4 The Bank of America Pension Plan Bank of America Corporation RI Defined Benefit (Pension) 53,831 $19.0B
5 Capital One Financial Corporation Associate Savings Plan Capital One Financial Corporation VA 401(k) 44,933 $12.0B
6 Siemens Savings Plan Siemens Corporation NJ 401(k) 29,727 $9.8B
7 Wells Fargo & Company Cash Balance Plan Wells Fargo & Company MN Defined Benefit (Pension) 46,875 $8.3B
8 Warner Bros. Discovery 401(k) Savings Plan Warner Bros. Discovery, Inc. NY 401(k) 18,233 $8.1B
9 Siemens Medical Solutions USA, Inc. Savings Plan Siemens Medical Solutions USA, Inc. PA 401(k) 12,884 $7.9B
10 Allstate 401(k) Savings Plan The Allstate Corporation TX 401(k) 38,761 $7.6B
11 State Street Salary Savings Program State Street Corporation MA 401(k) 12,777 $6.5B
12 Geico 401(k) Savings Plan Geico Corporation DC 401(k) 30,641 $6.2B
13 Sony USA 401(k) Plan Sony Corporation of America NY 401(k) 13,894 $6.2B
14 Td 401(k) Retirement Plan Td Bank US Holding Company ME 401(k) 31,654 $6.0B
15 Berkshire Hathaway Consolidated Pension Plan Berkshire Hathaway Credit Corporation NE Defined Benefit (Pension) 9,020 $5.2B
16 Hsbc - North America (U. S.) Tax Reduction Investment Plan Hsbc North America Holdings Inc. IL 401(k) 6,684 $4.9B
17 Deutsche Bank Matched Savings Plan Deutsche Bank Americas Holding Corp NY 401(k) 8,101 $4.5B
18 Allstate Retirement Plan The Allstate Corporation TX Defined Benefit (Pension) 33,495 $4.2B
19 Iqvia 401(k) Plan Iqvia Inc. NC 401(k) 20,245 $3.6B
20 Lnc Employees' 401(k) Savings Plan Lincoln National Corporation PA 401(k) 11,126 $3.5B
21 Hsbc - North America (U.S.) Pension Plan Hsbc North America Holdings Inc. IL Defined Benefit (Pension) 2,447 $3.3B
22 Pinnacle West Capital Corporation Retirement Plan Pinnacle West Capital Corporation AZ Defined Benefit (Pension) 6,044 $3.1B
23 Retirement Plan of Norfolk Southern Corporation and Participating Subsidiary Companies Norfolk Southern Corporation GA Defined Benefit (Pension) 5,090 $2.5B
24 Cna 401(k) Plan Continental Casualty Company IL 401(k) 5,384 $2.5B
25 The Pearson Retirement Plan 401(k) Pearson Education Inc NJ 401(k) 10,332 $2.4B
26 Vistra Thrift Plan Vistra Operations Company LLC TX 401(k) 4,826 $2.4B
27 American Financial Group 401(k) Retirement and Savings Plan American Financial Group, Inc. OH 401(k) 7,600 $2.3B
28 W.R. Berkley Corporation Profit Sharing Plan W.R. Berkley Corporation CT 401(k) 6,103 $2.3B
29 Public Service Enterprise Group Inc. Thrift & Tax Deferred Savings Plan Public Service Enterprise Group Incorporated NJ 401(k) 3,869 $2.3B
30 Public Service Enterprise Group Inc. Employee Savings Plan Public Service Enterprise Group Incorporated NJ 401(k) 6,585 $2.2B

Nationwide industries with similar retirement plan scale

Two DOL Form 5500-derived peer sets for Management of Enterprises: nearest tracked industries by plan filing count (1,176 plans here) and nearest by aggregate plan assets ($418.1B here). Rows stay link-disjoint so each axis is a distinct neighborhood.

Similar plan count

Nearest other industries by reported employer plan filings.

Similar total assets

Nearest other industries by aggregate end-of-year plan assets (plan-count peers above are excluded).

Questions about Management of Enterprises plans

How many retirement plans are in the Management of Enterprises industry? ▼
Management of Enterprises sponsors 1,176 ERISA-covered retirement plans according to 2024 Form 5500 filings, including 907 401(k) plans (77.1% of plans in the industry). Total assets across all plans in the industry sum to $418.1B, covering 1,725,827 participants.
What's the average plan size in the Management of Enterprises industry? ▼
The average Management of Enterprises retirement plan holds $356M in assets and covers 1,468 participants. This is an arithmetic mean across all 1,176 plans in the industry, actual plan sizes vary widely, with a small number of very large plans pulling the average up. See the table above for the largest plans by assets.
Where does this industry data come from? ▼
Industry classification comes from each plan sponsor's Form 5500 filing with the U.S. Department of Labor's Employee Benefits Security Administration (EBSA). Sponsors self-classify into one of approximately 20 industry categories based on the primary economic activity of the sponsoring employer. The category labels follow the DOL plan-sponsor industry taxonomy.
What plan types are most common in the Management of Enterprises industry? ▼
In Management of Enterprises, the most common plan type by total assets is 401(k) (907 plans, $314.6B in assets). Other common types include: Defined Benefit (Pension) (105), ESOP (90), Profit Sharing (67).

Related guides

See also these PlainRetire explainers for interpreting Form 5500 industry totals and comparing plans.

Explore from Management of Enterprises

Educational Services

Closest peer by total plan assets ($451.4B, 3,899 plans)
The Bank of America 401(k) Plan

Largest Management of Enterprises plan on file · $62.9B
401(k)

Dominant type here by assets · 907 plans, $314.6B
All industries

Industry #10 of 21 by total Form 5500 plan assets

What to do with Management of Enterprises plan data

1,176 plans across the Management of Enterprises sector offer a baseline for benchmarking your own plan.

Industry classification is self-reported by plan sponsors on Form 5500. Plans may span multiple sectors.

Source: U.S. Department of Labor EBSA Form 5500 public-disclosure dataset, 2024 plan year. Industry classification self-reported by sponsors.

Reference: IRS Publication 560, Retirement Plans for Small Business.

Every figure on PlainRetire is rendered directly from the Department of Labor's Form 5500 annual return filings, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-08-25.