401(k) · DOL Form 5500 · 2022

Iron Mountain Incorporated 401(k) Plan

Data updated 2026-08-25

$651M
Total assets Above avg plan size
7,917
Participants Very large workforce
98th
Percentile by assets National rank
$82,272
Avg per participant Below avg balance/head
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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.

  • #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.

#3,780
in Transportation & Warehousing (3,876 peers)
-19.5%
assets change YoY
6.5×
vs typical plan assets (national mean)

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.

The Iron Mountain Companies 401(k) Plan's outsized position by total assets

The Iron Mountain Companies 401(k) Plan vs every filed plan by assets

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

$651,344,944 Top 2% higher than 98% 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

The Iron Mountain Companies 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Iron Mountain Companies 401(k) Plan lands in the large band (7,917 participants).

Published 5500 schedule card

Filing strip 232588479 · Iron Mountain Incorporated PY 2022 · 401(k)

The Iron Mountain Companies 401(k) Plan · $651M · 7,917 · 98th

  • PHOTO $651M
  • IND 7,917
  • EOY 98th
  • 5500 401(k)
  • ASSETS near Adm 401(k) and Employee Stock Ownership Plan for Hourly Employees
  • PCT ind #3780

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 Transportation & Warehousing retirement plans → · Plans in Massachusetts →

The Iron Mountain Companies 401(k) Plan in the asset neighbourhood

The Reynolds and Reynolds Company 401(k) Savings PlanThe Reynolds and Reynolds Co…$652MThe Cleveland-Cliffs Steel Corporation Thrift PlanThe Cleveland-Cliffs Steel C…$652MAcosta, Inc. 401(k) Retirement PlanAcosta, Inc. 401(k) Retireme…$652MThe Iron Mountain Companies 401(k) PlanThe Iron Mountain Companies …$651MAdm 401(k) and Employee Stock Ownership Plan for Hourly EmployeesAdm 401(k) and Employee Stoc…$651M
End-of-year total assets ($M) among The Iron Mountain Companies 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

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)

Sponsor-wide plan assets over time

All Iron Mountain Incorporated plans reported in each filing year

Latest sponsor-wide plan assets
$943M 44.79564916988133% vs 2022
2024 filing year
$600M$700M$800M$900M$1,000M 202220232024 $651M $943M ▲ +44.8%
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 Scatter plot of 6 data points. 0100002000030000400005000060000 -50510152025 Total assets ($B) Participants The Iron Mountain Companies 401(k) Plan, Total assets ($B): 0.651344944 · Participants: 7917The Iron Mountain Companies 401(k) PlanFidelity Retirement Savings Plan, Total assets ($B): 22.953563448 · Participants: 52036Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 8.79802945 · Participants: 32843Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 5.810585521 · Participants: 13690Massachusetts Institute of Technology Supplemental 401(k) PlanPhilips North America 401(k) Plan, Total assets ($B): 5.180251859 · Participants: 19750Philips North America 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 4.853752256 · Participants: 18359Boston Scientific Corporation 401(k) Retirement Savings Plan
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:

The Iron Mountain Companies 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Adm 401(k) and Employee Stock Ownership Plan for Hourly Employees in IL ($651M); by covered participants it is Radnet 401(k) Plan in CA (7,919 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (7,917 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 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).
Which 401(k) plans cover a similar participant headcount to The Iron Mountain Companies 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Radnet 401(k) Plan in CA (7,919 participants, $292M in assets).