401(k) · DOL Form 5500 · 2022

State Street Corporation 401(k) Plan

Data updated 2026-08-11

$4.8B
Total assets
12,421
Participants
100th
Percentile by assets
$388,261
Avg per participant
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Official DOL plan name: State Street Salary Savings Program · Sponsored by State Street Corporation · Massachusetts · Management of Enterprises

$4.8B in assets, 12,421 participants

State Street Corporation's State Street Salary Savings Program reported $4.8B in total assets and 12,421 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.

  • 100th percentile by assets (of 139,126 plans)
  • #1,183 in Management of Enterprises (1,193 peers)

Coverage in Massachusetts

State Street Salary Savings Program covers 12,421 participants in Massachusetts, 19x the typical Massachusetts plan (state average ~659 per filing). Assets: $4.8B.

$4.8B
total plan assets (2022 EOY)
12,421
covered participants
100th
percentile by assets (of 139,126 plans)
$388,261
avg assets per participant

The plan reported a net loss of $1.1B 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. State Street Salary Savings Program reports 12,421 participants - 19x that state average ($4.8B EOY assets).

Massachusetts filing particulars

Total Assets (Beginning of Year)$5.9B
Net Assets (End of Year)$4.8B
Net Income-$1.1B
Employer EIN042456637
Plan Effective Date1983-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (State Street Corporation)

$5B$6B$7B$8B 202220232024 $5.67B $7.4B ▲ +30.5%
Total plan assets by year, all State Street Corporation plans on file
Year Plans Participants Total Assets
2022 2 15,837 $5.7B
2023 2 15,421 $6.6B
2024 2 15,853 $7.4B

Nearby 401(k) Plans in Massachusetts

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

State Street Salary Savings Program vs. nearby 401(k) plans in Massachusetts, assets vs. participants

State Street Salary Savings Program vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. 100002000030000400005000060000 0510152025 Total assets ($B) Participants State Street Salary …Fidelity Retirement …Liberty Mutual 401(k…Massachusetts Instit…Philips North Americ…Boston Scientific Co…
State Street Salary Savings Program vs. nearby 401(k) plans in Massachusetts, assets vs. participants

Scale composition for State Street Salary Savings Program

State Street Salary Savings Program reports $4.8B in end-of-year assets across 12,421 participants (0.039% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.013% of 93,925,755 covered participants) - about $388,261 per participant (2.8x the national average assets-per-participant) . Net income for plan year 2022 was -$1.1B.

This plan identity (EIN 042456637, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $4.8B to $6.5B (+35.5%) while covered participants moved from 12,421 to 12,777 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 12,421 $4.8B This page
2023 12,168 $5.7B Open filing
2024 · index core 12,777 $6.5B Open filing

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

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to State Street Salary Savings Program by total assets, not by location.

Frequently Asked Questions

How did State Street Salary Savings Program assets move in 2022?
State Street Salary Savings Program declined sharply - down 18.6% during 2022, from $5.9B to $4.8B. Reported net income was -$1.1B.
How have State Street Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), State Street Corporation's sponsor-wide assets grew 30.4%, from $5.7B to $7.4B.
Where does State Street Salary Savings Program rank by assets among Form 5500 filers?
State Street Salary Savings Program 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 State Street Salary Savings Program?
Among 401(k) plans in other states, the closest by assets is The Consolidated Edison Thrift Savings Plan in NY ($4.9B, 13,782 participants).

Filing takeaways

Ways to act on State Street Salary Savings Program's numbers.