401(k) · DOL Form 5500 · 2022

The Sherwin-Williams Company 401(k) Plan

Data updated 2026-08-06

$8.3B
Total assets: 44,890
Participants: 100th
Percentile by assets: $185,873
Avg per participant

Official DOL plan name: The Sherwin-Williams Company 401(k) Plan · Sponsored by The Sherwin-Williams Company · Ohio · Manufacturing

$8.3B in assets, 44,890 participants

The Sherwin-Williams Company's The Sherwin-Williams Company 401(k) Plan reported $8.3B in total assets and 44,890 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 139,258 plans)
#20,569 in Manufacturing (20,629 peers)

Coverage in Ohio

The Sherwin-Williams Company 401(k) Plan covers 44,890 participants in Ohio, 57x the typical Ohio plan (state average ~787 per filing). Assets: $8.3B.

$8.3B
total plan assets (2022 EOY): 44,890
covered participants: 100th
percentile by assets (of 139,258 plans): $185,873
avg assets per participant

The plan reported a net loss of $3.4B for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State

Ohio

Industry

Manufacturing

Participants vs Ohio filers

In Ohio, the average filing covers about 787 participants across 4,840 plans. The Sherwin-Williams Company 401(k) Plan reports 44,890 participants - 57x that state average ($8.3B EOY assets).

Ohio filing particulars

Total Assets (Beginning of Year)	$11.8B
Net Assets (End of Year)	$8.3B
Net Income	-$3.4B
Employer EIN	340526850
Plan Effective Date	1969-04-01
Filing Status	FILING RECEIVED

Sponsor Plan History (The Sherwin-Williams Company)

Total plan assets by year, all The Sherwin-Williams Company plans on file

Year	Plans	Participants	Total Assets
2022	4	91,747	$9.8B
2023	4	96,676	$11.9B
2024	4	96,883	$12.5B

Nearby 401(k) Plans in Ohio

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

The Sherwin-Williams Company 401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants

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
Eaton Savings Plan $6.1B · 21,882

Compare The Sherwin-Williams Company 401(k) Plan side-by-side with 3 peers →

Scale composition for The Sherwin-Williams Company 401(k) Plan

The Sherwin-Williams Company 401(k) Plan reports $8.3B in end-of-year assets across 44,890 participants (0.072% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.050% of 89,805,449 covered participants) - about $185,873 per participant (1.4x the national average assets-per-participant) . Net income for plan year 2022 was -$3.4B.

This plan identity (EIN 340526850, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $8.3B to $10.6B (+26.6%) while covered participants moved from 44,890 to 47,459 . Single-year sparse filers cannot show that trail.

Plan year	Participants	EOY assets	Filing
2022	44,890	$8.3B	This page
2023	47,362	$10.1B	Open filing
2024 · index core	47,459	$10.6B	Open filing

The same sponsor also keeps 4 other index-core plans on PlainRetire:

The Sherwin-Williams Company 401(k) Plan (401(k), $10.6B, 47,459 participants)
The Sherwin-Williams Company Salaried Employees' Revised Pension Investment Plan (Money Purchase, $1.7B, 47,538 participants)
The Sherwin-Williams Company Employees' Pension Plan (Defined Benefit (Pension), $149M, 885 participants)
The Sherwin-Williams Company Hourly 401(k) Plan (401(k), $58M, 1,001 participants)

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to The Sherwin-Williams Company 401(k) Plan by total assets, not by location.

U.S. Bank 401(k) Savings Plan (MN) $8.3B · 67,646
Marriott Retirement Savings Plan (MD) $8.3B · 82,576
Novartis Corporation Investment Savings Plan (NJ) $8.4B · 14,350
Bae Systems Employees' Savings and Investment Plan (VA) $8.2B · 31,556

Frequently Asked Questions

How did The Sherwin-Williams Company 401(k) Plan assets move in 2022? ▼

The Sherwin-Williams Company 401(k) Plan declined sharply - down 29.1% during 2022, from $11.8B to $8.3B. Reported net income was -$3.4B.

How have The Sherwin-Williams Company plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), The Sherwin-Williams Company's sponsor-wide assets grew 26.9%, from $9.8B to $12.5B.

Where does The Sherwin-Williams Company 401(k) Plan rank by assets among Form 5500 filers? ▼

The Sherwin-Williams Company 401(k) Plan ranks in the 100th percentile by end-of-year assets among 139,258 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 Sherwin-Williams Company 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by assets is U.S. Bank 401(k) Savings Plan in MN ($8.3B, 67,646 participants).

Next read for The Sherwin-Williams Company 401(k) Plan

Filing takeaways

Ways to act on The Sherwin-Williams Company 401(k) Plan's numbers.

By total assets, The Sherwin-Williams Company 401(k) 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 Sherwin-Williams Company's sponsor-wide assets have grown 26.9% since 2022 across 3 plan years on file. More Manufacturing plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 340526850.