401(k) · DOL Form 5500 · 2022
3M Company 401(k) Plan
Data updated 2026-08-25
- $11.1B
- Total assets Mega-plan scale
- 37,159
- Participants Very large workforce
- 100th
- Percentile by assets National rank
- $299,753
- Avg per participant High balance/head
Official DOL plan name: 3M Voluntary Investment Plan and Employee Stock Ownership Plan · Sponsored by 3M Company · Minnesota · Manufacturing
$11.1B in assets, 37,159 participants
3M Company's 3M Voluntary Investment Plan and Employee Stock Ownership Plan reported $11.1B in total assets and 37,159 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.
- #20,560 in Manufacturing (20,602 peers)
Coverage in Minnesota
3M Voluntary Investment Plan and Employee Stock Ownership Plan covers 37,159 participants in Minnesota, 33x the typical Minnesota plan (state average ~1,126 per filing). Assets: $11.1B.
- #20,560
- in Manufacturing (20,602 peers)
- -22.0%
- assets change YoY
- 112×
- vs typical plan assets (national mean)
The plan reported a net loss of $3.1B for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
3M Voluntary Investment Plan and Employee Stock Ownership Plan's outsized position by total assets
3M Voluntary Investment Plan and Employee Stock Ownership Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$11,138,527,656 Highest reported value at or above every one 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 Voluntary Investment Plan and Employee Stock Ownership Plan's mega-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 Voluntary Investment Plan and Employee Stock Ownership Plan is a mega filing (37,159 participants), the rightmost band on the breakdown.
Form 5500 schedule snapshot
Filing strip 410417775 · 3M Company PY 2022 · 401(k)
3M Voluntary Investment Plan and Employee Stock Ownership Plan · $11.1B · 37,159 · 100th
- PART $11.1B
- PART 37,159
- PART 100th
- PART 401(k)
- PART near Deloitte 401(k) Plan
- PART ind #20560
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 Voluntary Investment Plan and Employee Stock Ownership Plan in the asset neighbourhood
Minnesota filing particulars
| Total Assets (Beginning of Year) | $14.3B |
|---|---|
| Net Assets (End of Year) | $11.1B |
| Net Income | -$3.1B |
| Employer EIN | 410417775 |
| Plan Effective Date | 1982-03-31 |
| 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
- U.S. Bank 401(k) Savings Plan $8.3B · 67,646
- The Travelers 401(k) Savings Plan $8.0B · 27,710
Scale composition for 3M Voluntary Investment Plan and Employee Stock Ownership Plan
3M Voluntary Investment Plan and Employee Stock Ownership Plan reports $11.1B in end-of-year assets across 37,159 participants (0.090% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.040% of 93,925,755 covered participants) - about $299,753 per participant (2.2x the national average assets-per-participant) . Net income for plan year 2022 was -$3.1B.
This plan identity (EIN 410417775, plan #333) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $11.1B to $10.6B (-4.9%) while covered participants moved from 37,159 to 32,964 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 37,159 | $11.1B | This page |
| 2023 | 36,049 | $12.0B | Open filing |
| 2024 · index core | 32,964 | $10.6B | Open filing |
The same sponsor also keeps 3 other index-core plans on PlainRetire:
- 3M Voluntary Investment Plan and Employee Stock Ownership Plan (401(k), $10.6B, 32,964 participants)
- 3M Employee Retirement Income Plan (Defined Benefit (Pension), $8.9B, 9,132 participants)
- 3M Savings Plan (401(k), $285M, 1,663 participants)
3M Voluntary Investment Plan and Employee Stock Ownership Plan's out-of-state 401(k) peers by assets and headcount
Outside Minnesota, the nearest 401(k) by assets is Deloitte 401(k) Plan in NY ($11.0B); by covered participants it is Usaa Retirement Savings Plan in TX (37,261 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($11.1B here).
- Deloitte 401(k) Plan (NY) $11.0B · 74,687
- UPS 401 (K) Savings Plan (GA) $11.3B · 107,310
- U.S. Roche 401(k) Savings Plan (CA) $10.9B · 22,079
- Cigna 401(k) Plan (PA) $11.5B · 66,147
Similar participant headcount
Nearest other-state filings by covered participants (37,159 participants); asset peers above are excluded.
- Usaa Retirement Savings Plan (TX) 37,261 · 102 off
- Crh Americas 401(k) Plan (GA) 37,032 · 127 off
- Jbs 401(k) Savings Plan (CO) 37,313 · 154 off
- The Giant Company Retirement Savings Plan (PA) 36,990 · 169 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.