401(k) · DOL Form 5500 · 2022

International Business Machines Corporation 401(k) Plan

Data updated 2026-08-25

$53.4B
Total assets Mega-plan scale
56,376
Participants Very large workforce
100th
Percentile by assets National rank
$946,571
Avg per participant High balance/head
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Official DOL plan name: IBM 401 (K) Plus Plan · Sponsored by International Business Machines Corporation · New York · Professional & Technical Services

$53.4B in assets, 56,376 participants

International Business Machines Corporation's IBM 401 (K) Plus Plan reported $53.4B in total assets and 56,376 participants in its 2022 DOL Form 5500 filing, ranking in the 100th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #21,562 in Professional & Technical Services (21,562 peers)

Coverage in New York

IBM 401 (K) Plus Plan covers 56,376 participants in New York, 71x the typical New York plan (state average ~798 per filing). Assets: $53.4B.

#21,562
in Professional & Technical Services (21,562 peers)
-21.0%
assets change YoY
535×
vs typical plan assets (national mean)

The plan reported a net loss of $14.2B for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

IBM 401 (K) Plus Plan's outsized position by total assets

IBM 401 (K) Plus Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$53,363,875,208 Highest reported value at or above every one of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

IBM 401 (K) Plus Plan's mega-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. IBM 401 (K) Plus Plan is a mega filing (56,376 participants), the rightmost band on the breakdown.

Published 5500 schedule card

Filing strip 130871985 · International Business Machines Corporation PY 2022 · 401(k)

IBM 401 (K) Plus Plan · $53.4B · 56,376 · 100th

  • BOOK $53.4B
  • VS-ST 56,376
  • BOY 100th
  • SCH 401(k)
  • EBSA near United Technologies Corporation Employee Savings Plan
  • PART ind #21562

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Professional & Technical Services retirement plans → · Plans in New York →

IBM 401 (K) Plus Plan in the asset neighbourhood

IBM 401 (K) Plus Plan$53.4BUnited Technologies Corporation Employee Savings PlanUnited Technologies Corporat…$48.9BThe Bank of America 401(k) PlanThe Bank of America 401(k) P…$47.1BWells Fargo & Company 401(k) PlanWells Fargo & Company 401(k)…$45.8BLockheed Martin Corporation Salaried Savings PlanLockheed Martin Corporation …$43.6B
End-of-year total assets ($B) among IBM 401 (K) Plus Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

New York filing particulars

Total Assets (Beginning of Year)$67.6B
Net Assets (End of Year)$51.7B
Net Income-$14.2B
Employer EIN130871985
Plan Effective Date1983-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (International Business Machines Corporation)

Sponsor-wide plan assets over time

All International Business Machines Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$78.3B 0.712905096080379% vs 2022
2024 filing year
$76B$78B$80B$82B$84B 202220232024 $78.9B $78.3B ▼ -0.7%
Year Plans Participants Total Assets
2022 3 72,807 $78.9B
2023 3 69,793 $82.4B
2024 3 100,688 $78.3B

Nearby 401(k) Plans in New York

Peer 401(k) plans, same state, same plan type, ranked by total assets.

IBM 401 (K) Plus Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 0102030405060 Total assets ($B) Participants IBM 401 (K) Plus Plan, Total assets ($B): 53.363875208 · Participants: 56376IBM 401 (K) Plus PlanMorgan Stanley 401(k) Plan, Total assets ($B): 16.415517176 · Participants: 42924Morgan Stanley 401(k) PlanThe Pepsico Savings Plan, Total assets ($B): 12.067222 · Participants: 129846The Pepsico Savings PlanDeloitte 401(k) Plan, Total assets ($B): 10.966899716 · Participants: 74687Deloitte 401(k) PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 9.681988279 · Participants: 22650The Goldman Sachs 401(k) PlanDeloitte Profit Sharing Plan, Total assets ($B): 9.486966638 · Participants: 6143Deloitte Profit Sharing Plan
IBM 401 (K) Plus Plan vs. nearby 401(k) plans in New York, assets vs. participants

Scale composition for IBM 401 (K) Plus Plan

IBM 401 (K) Plus Plan reports $53.4B in end-of-year assets across 56,376 participants (0.43% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.060% of 93,925,755 covered participants) - about $946,571 per participant (6.8x the national average assets-per-participant) . Net income for plan year 2022 was -$14.2B.

This plan identity (EIN 130871985, plan #005) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $53.4B to $60.4B (+13.2%) while covered participants moved from 56,376 to 52,674 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 56,376 $53.4B This page
2023 54,912 $57.4B Open filing
2024 · index core 52,674 $60.4B Open filing

The same sponsor also keeps 2 other index-core plans on PlainRetire:

IBM 401 (K) Plus Plan's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is United Technologies Corporation Employee Savings Plan in CT ($48.9B); by covered participants it is Cracker Barrel Old Country Store, Inc. and Affiliates Employee Savings Plan in TN (56,494 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($53.4B here).

Similar participant headcount

Nearest other-state filings by covered participants (56,376 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did IBM 401 (K) Plus Plan assets move in 2022?
IBM 401 (K) Plus Plan declined sharply - down 21.0% during 2022, from $67.6B to $53.4B. Reported net income was -$14.2B.
How have International Business Machines Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), International Business Machines Corporation's sponsor-wide assets declined 0.7%, from $78.9B to $78.3B.
Where does IBM 401 (K) Plus Plan rank by assets among Form 5500 filers?
IBM 401 (K) Plus Plan ranks in the 100th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to IBM 401 (K) Plus Plan?
Among 401(k) plans in other states, the closest by assets is United Technologies Corporation Employee Savings Plan in CT ($48.9B, 55,762 participants).
Which 401(k) plans cover a similar participant headcount to IBM 401 (K) Plus Plan?
Among 401(k) plans in other states, the closest by covered participants is Cracker Barrel Old Country Store, Inc. and Affiliates Employee Savings Plan in TN (56,494 participants, $180M in assets).