401(k) · DOL Form 5500 · 2022

Iron Mountain Incorporated 401(k) Plan

Data updated 2026-08-11

$651M
Total assets
7,917
Participants
98th
Percentile by assets
$82,272
Avg per participant
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Official DOL plan name: The Iron Mountain Companies 401(k) Plan · Sponsored by Iron Mountain Incorporated · Massachusetts · Transportation & Warehousing

$651M in assets, 7,917 participants

Iron Mountain Incorporated's The Iron Mountain Companies 401(k) Plan reported $651M in total assets and 7,917 participants in its 2022 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 139,126 plans)
  • #3,780 in Transportation & Warehousing (3,876 peers)

Coverage in Massachusetts

The Iron Mountain Companies 401(k) Plan covers 7,917 participants in Massachusetts, 12x the typical Massachusetts plan (state average ~659 per filing). Assets: $651M.

$651M
total plan assets (2022 EOY)
7,917
covered participants
98th
percentile by assets (of 139,126 plans)
$82,272
avg assets per participant

The plan reported a net loss of $169M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Participants vs Massachusetts filers

In Massachusetts, the average filing covers about 659 participants across 4,265 plans. The Iron Mountain Companies 401(k) Plan reports 7,917 participants - 12x that state average ($651M EOY assets).

Massachusetts filing particulars

Total Assets (Beginning of Year)$809M
Net Assets (End of Year)$651M
Net Income-$169M
Employer EIN232588479
Plan Effective Date1988-11-09
Filing StatusFILING RECEIVED

Sponsor Plan History (Iron Mountain Incorporated)

$600M$700M$800M$900M$1,000M 202220232024 $651M $943M ▲ +44.8%
Total plan assets by year, all Iron Mountain Incorporated plans on file
Year Plans Participants Total Assets
2022 1 7,917 $651M
2023 1 8,643 $805M
2024 1 9,146 $943M

Nearby 401(k) Plans in Massachusetts

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

The Iron Mountain Companies 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

The Iron Mountain Companies 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. 0100002000030000400005000060000 -50510152025 Total assets ($B) Participants The Iron Mountain Co…Fidelity Retirement …Liberty Mutual 401(k…Massachusetts Instit…Philips North Americ…Boston Scientific Co…
The Iron Mountain Companies 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

Scale composition for The Iron Mountain Companies 401(k) Plan

The Iron Mountain Companies 401(k) Plan reports $651M in end-of-year assets across 7,917 participants (0.005% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.008% of 93,925,755 covered participants) - about $82,272 per participant (60% of the national average assets-per-participant) . Net income for plan year 2022 was -$169M.

This plan identity (EIN 232588479, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $651M to $943M (+44.8%) while covered participants moved from 7,917 to 9,146 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 7,917 $651M This page
2023 8,643 $805M Open filing
2024 · index core 9,146 $943M 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 The Iron Mountain Companies 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did The Iron Mountain Companies 401(k) Plan assets move in 2022?
The Iron Mountain Companies 401(k) Plan declined sharply - down 19.5% during 2022, from $809M to $651M. Reported net income was -$169M.
How have Iron Mountain Incorporated plan assets changed over time?
Across 3 plan years on file (2022-2024), Iron Mountain Incorporated's sponsor-wide assets grew 44.8%, from $651M to $943M.
Where does The Iron Mountain Companies 401(k) Plan rank by assets among Form 5500 filers?
The Iron Mountain Companies 401(k) Plan ranks in the 98th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to The Iron Mountain Companies 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Adm 401(k) and Employee Stock Ownership Plan for Hourly Employees in IL ($651M, 9,395 participants).

Filing takeaways

Ways to act on The Iron Mountain Companies 401(k) Plan's numbers.