401(k) · DOL Form 5500 · 2022
The Charles Schwab Corporation 401(k) Plan
Data updated 2026-08-25
- $6.6B
- Total assets Very large vs avg
- 31,841
- Participants Very large workforce
- 100th
- Percentile by assets National rank
- $207,991
- Avg per participant Above avg balance/head
Official DOL plan name: Schwabplan Retirement Savings and Investment Plan · Sponsored by The Charles Schwab Corporation · Texas · Finance & Insurance
$6.6B in assets, 31,841 participants
The Charles Schwab Corporation's Schwabplan Retirement Savings and Investment Plan reported $6.6B in total assets and 31,841 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.
- #9,230 in Finance & Insurance (9,261 peers)
Coverage in Texas
Schwabplan Retirement Savings and Investment Plan covers 31,841 participants in Texas, 46x the typical Texas plan (state average ~688 per filing). Assets: $6.6B.
- #9,230
- in Finance & Insurance (9,261 peers)
- -11.4%
- assets change YoY
- 66×
- vs typical plan assets (national mean)
The plan reported a net loss of $850M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Schwabplan Retirement Savings and Investment Plan's outsized position by total assets
Schwabplan Retirement Savings and Investment Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$6,622,647,373 Highest reported value at or above every one of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Schwabplan Retirement Savings and Investment 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. Schwabplan Retirement Savings and Investment Plan is a mega filing (31,841 participants), the rightmost band on the breakdown.
Form 5500 schedule snapshot
Filing strip 943025021 · The Charles Schwab Corporation PY 2022 · 401(k)
Schwabplan Retirement Savings and Investment Plan · $6.6B · 31,841 · 100th
- SCH $6.6B
- SCH 31,841
- SCH 100th
- SCH 401(k)
- SCH near Albertsons Companies 401(k) Plan
- SCH ind #9230
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 Finance & Insurance retirement plans → · Plans in Texas →
Schwabplan Retirement Savings and Investment Plan in the asset neighbourhood
Texas filing particulars
| Total Assets (Beginning of Year) | $7.5B |
|---|---|
| Net Assets (End of Year) | $6.6B |
| Net Income | -$850M |
| Employer EIN | 943025021 |
| Plan Effective Date | 1983-10-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (The Charles Schwab Corporation)
Sponsor-wide plan assets over time
All The Charles Schwab Corporation plans reported in each filing year
- Latest sponsor-wide plan assets
- $8.9B 34.87231165916404% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 31,841 | $6.6B |
| 2023 | 1 | 34,259 | $8.0B |
| 2024 | 1 | 34,452 | $8.9B |
Nearby 401(k) Plans in Texas
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- AT&T Retirement Savings Plan $37.6B · 144,503
- Exxonmobil Savings Plan $21.3B · 23,619
- Caterpillar 401(k) Savings Plan $13.8B · 38,538
- American Airlines, Inc. 401(k) Plan $12.8B · 85,577
- Dell Inc. 401(k) Plan $12.0B · 47,532
Scale composition for Schwabplan Retirement Savings and Investment Plan
Schwabplan Retirement Savings and Investment Plan reports $6.6B in end-of-year assets across 31,841 participants (0.054% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.034% of 93,925,755 covered participants) - about $207,991 per participant (1.5x the national average assets-per-participant) . Net income for plan year 2022 was -$850M.
This plan identity (EIN 943025021, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $6.6B to $8.9B (+34.9%) while covered participants moved from 31,841 to 34,452 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 31,841 | $6.6B | This page |
| 2023 | 34,259 | $8.0B | Open filing |
| 2024 · index core | 34,452 | $8.9B | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Schwabplan Retirement Savings and Investment Plan (401(k), $8.9B, 34,452 participants)
Schwabplan Retirement Savings and Investment Plan's out-of-state 401(k) peers by assets and headcount
Outside Texas, the nearest 401(k) by assets is Albertsons Companies 401(k) Plan in CA ($6.6B); by covered participants it is Northwestern Memorial Employee 401(k) Pre-Tax Savings Plan in IL (31,855 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($6.6B here).
- Albertsons Companies 401(k) Plan (CA) $6.6B · 205,022
- Thermo Fisher Scientific Inc. 401(k) Retirement Plan (PA) $6.6B · 39,177
- Booz Allen Hamilton Inc. Employees' Capital Accumulation Plan (VA) $6.6B · 32,018
- Adp Totalsource Retirement Savings Plan (FL) $6.7B · 287,453
Similar participant headcount
Nearest other-state filings by covered participants (31,841 participants); asset peers above are excluded.
- Northwestern Memorial Employee 401(k) Pre-Tax Savings Plan (IL) 31,855 · 14 off
- Exelon Corporation Employee Savings Plan (IL) 31,774 · 67 off
- Southeastern Grocers 401(k) Savings Plan (FL) 31,947 · 106 off
- Prime Healthcare Services, Inc. 401(k) Plan (CA) 31,963 · 122 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.