401(k) · DOL Form 5500 · 2022
3M Company 401(k) Plan
Data updated 2026-08-25
- $247M
- Total assets Near avg plan size
- 1,823
- Participants Near avg headcount
- 96th
- Percentile by assets National rank
- $135,509
- Avg per participant Near avg balance/head
Official DOL plan name: 3M Savings Plan · Sponsored by 3M Company · Minnesota · Manufacturing
$247M in assets, 1,823 participants
3M Company's 3M Savings Plan reported $247M in total assets and 1,823 participants in its 2022 DOL Form 5500 filing, ranking in the 96th 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.
- #19,373 in Manufacturing (20,602 peers)
Where 3M Savings Plan sits by assets
3M Savings Plan sits in the top 5% of all filed plans by assets, $247M for 1,823 participants (~$135,509/participant), down 24.1% in 2022.
- #19,373
- in Manufacturing (20,602 peers)
- -24.1%
- assets change YoY
- 2.5×
- vs typical plan assets (national mean)
The plan reported a net loss of $76M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
3M Savings Plan's outsized position by total assets
3M Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$247,033,589 Top 4% higher than 96% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
3M 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. 3M Savings Plan lands in the large band (1,823 participants).
Published 5500 schedule card
Filing strip 410417775 · 3M Company PY 2022 · 401(k)
3M Savings Plan · $247M · 1,823 · 96th
- BOY $247M
- SCH 1,823
- EBSA 96th
- PART 401(k)
- TYPE near Green Bay Packaging, Inc. Savings and Protection Plan
- NET ind #19373
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 Minnesota →
3M Savings Plan in the asset neighbourhood
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $325M |
|---|---|
| Net Assets (End of Year) | $247M |
| Net Income | -$76M |
| Employer EIN | 410417775 |
| Plan Effective Date | 1988-10-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (3M Company)
Sponsor-wide plan assets over time
All 3M Company plans reported in each filing year
- Latest sponsor-wide plan assets
- $19.8B 22.307828769155% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 51,142 | $25.4B |
| 2023 | 3 | 48,397 | $26.6B |
| 2024 | 3 | 43,759 | $19.8B |
Nearby 401(k) Plans in Minnesota
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Unitedhealth Group 401(k) Savings Plan $18.6B · 176,886
- Medtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan) $12.2B · 38,825
- Target Corporation 401(k) Plan $11.2B · 400,422
- 3M Voluntary Investment Plan and Employee Stock Ownership Plan $11.1B · 37,159
- U.S. Bank 401(k) Savings Plan $8.3B · 67,646
3M Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside Minnesota, the nearest 401(k) by assets is Green Bay Packaging, Inc. Savings and Protection Plan in WI ($247M); by covered participants it is Baker & Hostetler LLP Supplemental/401(k) Retirement Plan in OH (1,823 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($247M here).
- Green Bay Packaging, Inc. Savings and Protection Plan (WI) $247M · 1,228
- Signode Industrial Group LLC Retirement Plan (FL) $247M · 2,145
- Brookhaven Memorial Hospital Medical Center Dba Long Island Community Hospital Retirement Savings (NY) $247M · 1,664
- Brown & Root Industrial Services 401(k) Plan (TX) $247M · 3,261
Similar participant headcount
Nearest other-state filings by covered participants (1,823 participants); asset peers above are excluded.
- Baker & Hostetler LLP Supplemental/401(k) Retirement Plan (OH) 1,823 · 0 off
- Retirement Savings Plan for Seaboard Triumph Foods (IA) 1,824 · 1 off
- Uwh of Florida LLC 401(k) Retirement Plan (FL) 1,824 · 1 off
- Envestnet 401(k) Retirement Plan (IL) 1,824 · 1 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.