401(k) · DOL Form 5500 · 2022
The J.M. Smucker Company 401(k) Plan
Data updated 2026-08-06
- $1.2B
- Total assets
- 6,402
- Participants
- 99th
- Percentile by assets
- $189,552
- Avg per participant
Official DOL plan name: The J.M. Smucker Company Employee Savings Plan · Sponsored by The J.M. Smucker Company · Ohio · Manufacturing
$1.2B in assets, 6,402 participants
The J.M. Smucker Company's The J.M. Smucker Company Employee Savings Plan reported $1.2B in total assets and 6,402 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 139,258 plans)
- #20,281 in Manufacturing (20,629 peers)
Coverage in Ohio
The J.M. Smucker Company Employee Savings Plan covers 6,402 participants in Ohio, 8.1x the typical Ohio plan (state average ~787 per filing). Assets: $1.2B.
- $1.2B
- total plan assets (2022 EOY)
- 6,402
- covered participants
- 99th
- percentile by assets (of 139,258 plans)
- $189,552
- avg assets per participant
The plan reported a net loss of $271M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs Ohio filers
In Ohio, the average filing covers about 787 participants across 4,840 plans. The J.M. Smucker Company Employee Savings Plan reports 6,402 participants - 8.1x that state average ($1.2B EOY assets).
Ohio filing particulars
| Total Assets (Beginning of Year) | $1.5B |
|---|---|
| Net Assets (End of Year) | $1.2B |
| Net Income | -$271M |
| Employer EIN | 340538550 |
| Plan Effective Date | 1985-05-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (The J.M. Smucker Company)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 5 | 7,215 | $1.5B |
| 2023 | 4 | 7,324 | $1.6B |
| 2024 | 4 | 6,689 | $1.8B |
Nearby 401(k) Plans in Ohio
Peer 401(k) plans, same state, same plan type, ranked by total assets.
The J.M. Smucker Company Employee Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
- The Sherwin-Williams Company 401(k) Plan $8.3B · 44,890
- The Progressive 401(k) Plan $7.6B · 50,299
- The Kroger Co. 401(k) Retirement Savings Account Plan $7.3B · 116,133
- Nationwide Savings Plan $6.7B · 24,278
- Marathon Petroleum Thrift Plan $6.4B · 17,666
Scale composition for The J.M. Smucker Company Employee Savings Plan
The J.M. Smucker Company Employee Savings Plan reports $1.2B in end-of-year assets across 6,402 participants (0.010% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.007% of 89,805,449 covered participants) - about $189,552 per participant (1.4x the national average assets-per-participant) . Net income for plan year 2022 was -$271M.
This plan identity (EIN 340538550, plan #011) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.2B to $1.5B (+21.4%) while covered participants moved from 6,402 to 6,105 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 6,402 | $1.2B | This page |
| 2023 | 6,655 | $1.3B | Open filing |
| 2024 · index core | 6,105 | $1.5B | Open filing |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- The J.M. Smucker Company Employee Savings Plan (401(k), $1.5B, 6,105 participants)
- Big Heart Pet Brands Retirement Plan (Defined Benefit (Pension), $122M, 119 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to The J.M. Smucker Company Employee Savings Plan by total assets, not by location.
- Sonoco Retirement & Savings Plan (SC) $1.2B · 9,714
- Crane Savings and Investment Plan (CT) $1.2B · 5,645
- Hexagon Employee Retirement Savings Plan (AL) $1.2B · 4,237
- Worley Group Inc. 401(k) Plan (TX) $1.2B · 8,399
Frequently Asked Questions
How did The J.M. Smucker Company Employee Savings Plan assets move in 2022? ▼
How have The J.M. Smucker Company plan assets changed over time? ▼
Where does The J.M. Smucker Company Employee Savings Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to The J.M. Smucker Company Employee Savings Plan? ▼
Next read for The J.M. Smucker Company Employee Saving…
Filing takeaways
Ways to act on The J.M. Smucker Company Employee Savings Plan's numbers.
- By total assets, The J.M. Smucker Company Employee Savings Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Ohio. Compare plans
- The J.M. Smucker Company's sponsor-wide assets have grown 14.7% since 2022 across 3 plan years on file. More Manufacturing plans