401(k) · DOL Form 5500 · 2022

Bread Financial Payments, Inc. 401(k) Plan

Data updated 2026-08-11

$784M
Total assets
5,715
Participants
99th
Percentile by assets
$137,174
Avg per participant
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Official DOL plan name: Bread Financial 401(k) Plan · Sponsored by Bread Financial Payments, Inc. · Ohio · Finance & Insurance

$784M in assets, 5,715 participants

Bread Financial Payments, Inc.'s Bread Financial 401(k) Plan reported $784M in total assets and 5,715 participants in its 2022 DOL Form 5500 filing, ranking in the 99th 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.

  • 99th percentile by assets (of 139,126 plans)
  • #9,019 in Finance & Insurance (9,261 peers)

Coverage in Ohio

Bread Financial 401(k) Plan covers 5,715 participants in Ohio, 7.5x the typical Ohio plan (state average ~765 per filing). Assets: $784M.

$784M
total plan assets (2022 EOY)
5,715
covered participants
99th
percentile by assets (of 139,126 plans)
$137,174
avg assets per participant

The plan reported a net loss of $203M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State

Participants vs Ohio filers

In Ohio, the average filing covers about 765 participants across 5,089 plans. Bread Financial 401(k) Plan reports 5,715 participants - 7.5x that state average ($784M EOY assets).

Ohio filing particulars

Total Assets (Beginning of Year)$988M
Net Assets (End of Year)$784M
Net Income-$203M
Employer EIN133163498
Plan Effective Date1996-01-24
Filing StatusFILING RECEIVED

Sponsor Plan History (Bread Financial Payments, Inc.)

$750M$800M$850M$900M$950M 202220232024 $784M $932M ▲ +18.9%
Total plan assets by year, all Bread Financial Payments, Inc. plans on file
Year Plans Participants Total Assets
2022 1 5,715 $784M
2023 1 7,094 $824M
2024 1 6,062 $932M

Nearby 401(k) Plans in Ohio

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

Bread Financial 401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants

Bread Financial 401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. 050000100000150000 0246810 Total assets ($B) Participants Bread Financial 401(…The Sherwin-Williams…The Progressive 401(…The Kroger Co. 401(k…Nationwide Savings P…Marathon Petroleum T…
Bread Financial 401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants

Scale composition for Bread Financial 401(k) Plan

Bread Financial 401(k) Plan reports $784M in end-of-year assets across 5,715 participants (0.006% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $137,174 per participant (99% of the national average assets-per-participant) . Net income for plan year 2022 was -$203M.

This plan identity (EIN 133163498, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $784M to $932M (+18.9%) while covered participants moved from 5,715 to 6,062 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 5,715 $784M This page
2023 7,094 $824M Open filing
2024 · index core 6,062 $932M Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Bread Financial 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Bread Financial 401(k) Plan assets move in 2022?
Bread Financial 401(k) Plan declined sharply - down 20.6% during 2022, from $988M to $784M. Reported net income was -$203M.
How have Bread Financial Payments, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Bread Financial Payments, Inc.'s sponsor-wide assets grew 18.9%, from $784M to $932M.
Where does Bread Financial 401(k) Plan rank by assets among Form 5500 filers?
Bread Financial 401(k) Plan ranks in the 99th 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 Bread Financial 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Dentons US LLP Profit Sharing Plan in IL ($784M, 1,559 participants).

Filing takeaways

Ways to act on Bread Financial 401(k) Plan's numbers.