401(k) · DOL Form 5500 · 2022

The J.M. Smucker Company 401(k) Plan

Data updated 2026-08-25

$1.2B
Total assets Very large vs avg
6,402
Participants Above avg headcount
99th
Percentile by assets National rank
$189,552
Avg per participant Above avg balance/head
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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.

  • #20,254 in Manufacturing (20,602 peers)

Coverage in Ohio

The J.M. Smucker Company Employee Savings Plan covers 6,402 participants in Ohio, 8.4x the typical Ohio plan (state average ~765 per filing). Assets: $1.2B.

#20,254
in Manufacturing (20,602 peers)
-18.3%
assets change YoY
12×
vs typical plan assets (national mean)

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.

The J.M. Smucker Company Employee Savings Plan's outsized position by total assets

The J.M. Smucker Company Employee Savings Plan vs every filed plan by assets

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

$1,213,512,161 Top 1% higher than 99% 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 J.M. Smucker Company Employee Savings 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 J.M. Smucker Company Employee Savings Plan lands in the large band (6,402 participants).

Plan-year Form 5500 strip

Filing strip 340538550 · The J.M. Smucker Company PY 2022 · 401(k)

The J.M. Smucker Company Employee Savings Plan · $1.2B · 6,402 · 99th

  • EIN $1.2B
  • EIN 6,402
  • EIN 99th
  • EIN 401(k)
  • EIN near Sonoco Retirement & Savings Plan
  • EIN ind #20254

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 Manufacturing retirement plans → · Plans in Ohio →

The J.M. Smucker Company Employee Savings Plan in the asset neighbourhood

The J.M. Smucker Company Employee Savings PlanThe J.M. Smucker Company Emp…$1.2BSonoco Retirement & Savings PlanSonoco Retirement & Savings …$1.2BCrane Savings and Investment PlanCrane Savings and Investment…$1.2BHexagon Employee Retirement Savings PlanHexagon Employee Retirement …$1.2BWorley Group Inc. 401(k) Plan$1.2B
End-of-year total assets ($B) among The J.M. Smucker Company Employee Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Ohio filing particulars

Total Assets (Beginning of Year)$1.5B
Net Assets (End of Year)$1.2B
Net Income-$271M
Employer EIN340538550
Plan Effective Date1985-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The J.M. Smucker Company)

Sponsor-wide plan assets over time

All The J.M. Smucker Company plans reported in each filing year

Latest sponsor-wide plan assets
$1.8B 14.727470065418464% vs 2022
2024 filing year
$1.5B$1.6B$1.7B$1.8B 202220232024 $1.53B $1.76B ▲ +15.0%
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 Scatter plot of 6 data points. 050000100000150000 0246810 Total assets ($B) Participants The J.M. Smucker Company Employee Savings Plan, Total assets ($B): 1.213512161 · Participants: 6402The J.M. Smucker Company Employee Savings PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 8.343834208 · Participants: 44890The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 7.60950811 · Participants: 50299The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 7.311555 · Participants: 116133The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 6.73672335 · Participants: 24278Nationwide Savings PlanMarathon Petroleum Thrift Plan, Total assets ($B): 6.371480588 · Participants: 17666Marathon Petroleum Thrift Plan
The J.M. Smucker Company Employee Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants

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 $12.3T held by all Form 5500 filers in the national rollup , and 0.007% of 93,925,755 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's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Sonoco Retirement & Savings Plan in SC ($1.2B); by covered participants it is The Vincit Company, LLC 401(k) Plan in TN (6,399 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.2B here).

Similar participant headcount

Nearest other-state filings by covered participants (6,402 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 J.M. Smucker Company Employee Savings Plan assets move in 2022? ▼
The J.M. Smucker Company Employee Savings Plan declined sharply - down 18.3% during 2022, from $1.5B to $1.2B. Reported net income was -$271M.
How have The J.M. Smucker Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The J.M. Smucker Company's sponsor-wide assets grew 14.7%, from $1.5B to $1.8B.
Where does The J.M. Smucker Company Employee Savings Plan rank by assets among Form 5500 filers? ▼
The J.M. Smucker Company Employee Savings 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 The J.M. Smucker Company Employee Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Sonoco Retirement & Savings Plan in SC ($1.2B, 9,714 participants).
Which 401(k) plans cover a similar participant headcount to The J.M. Smucker Company Employee Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is The Vincit Company, LLC 401(k) Plan in TN (6,399 participants, $14M in assets).