401(k) · DOL Form 5500 · 2022

Sedgwick Claims Management Services, Inc. 401(k) Plan

Data updated 2026-08-11

$1.5B
Total assets
23,471
Participants
99th
Percentile by assets
$62,504
Avg per participant
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Official DOL plan name: Sedgwick 401(k) Savings Plan · Sponsored by Sedgwick Claims Management Services, Inc. · Tennessee · Finance & Insurance

$1.5B in assets, 23,471 participants

Sedgwick Claims Management Services, Inc.'s Sedgwick 401(k) Savings Plan reported $1.5B in total assets and 23,471 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 139,126 plans)
  • #9,115 in Finance & Insurance (9,261 peers)

Coverage in Tennessee

Sedgwick 401(k) Savings Plan covers 23,471 participants in Tennessee, 21x the typical Tennessee plan (state average ~1,126 per filing). Assets: $1.5B.

$1.5B
total plan assets (2022 EOY)
23,471
covered participants
99th
percentile by assets (of 139,126 plans)
$62,504
avg assets per participant

The plan reported a net loss of $237M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Participants vs Tennessee filers

In Tennessee, the average filing covers about 1,126 participants across 2,384 plans. Sedgwick 401(k) Savings Plan reports 23,471 participants - 21x that state average ($1.5B EOY assets).

Tennessee filing particulars

Total Assets (Beginning of Year)$1.7B
Net Assets (End of Year)$1.5B
Net Income-$237M
Employer EIN362685608
Plan Effective Date1999-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sedgwick Claims Management Services, Inc.)

$1.4B$1.6B$1.8B$2B$2.2B 202220232024 $1.53B $1.98B ▲ +29.4%
Total plan assets by year, all Sedgwick Claims Management Services, Inc. plans on file
Year Plans Participants Total Assets
2022 2 24,553 $1.5B
2023 2 25,530 $1.8B
2024 2 26,722 $2.0B

Nearby 401(k) Plans in Tennessee

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

Sedgwick 401(k) Savings Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants

Sedgwick 401(k) Savings Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 0510152025 Total assets ($B) Participants Sedgwick 401(k) Savi…Fedex Corporation Re…Hca 401(k) PlanInternational Paper …Federal Express Corp…Chs/Community Health…
Sedgwick 401(k) Savings Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants

Scale composition for Sedgwick 401(k) Savings Plan

Sedgwick 401(k) Savings Plan reports $1.5B in end-of-year assets across 23,471 participants (0.012% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.025% of 93,925,755 covered participants) - about $62,504 per participant (45% of the national average assets-per-participant) . Net income for plan year 2022 was -$237M.

This plan identity (EIN 362685608, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.5B to $1.9B (+30.5%) while covered participants moved from 23,471 to 25,842 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 23,471 $1.5B This page
2023 24,537 $1.7B Open filing
2024 · index core 25,842 $1.9B Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Sedgwick 401(k) Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Sedgwick 401(k) Savings Plan assets move in 2022?
Sedgwick 401(k) Savings Plan pulled back noticeably - down 13.4% during 2022, from $1.7B to $1.5B. Reported net income was -$237M.
How have Sedgwick Claims Management Services, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Sedgwick Claims Management Services, Inc.'s sponsor-wide assets grew 29.7%, from $1.5B to $2.0B.
Where does Sedgwick 401(k) Savings Plan rank by assets among Form 5500 filers?
Sedgwick 401(k) 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 Sedgwick 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by assets is Dassault Systemes Employee Savings Plan Plus in MA ($1.5B, 5,517 participants).

Filing takeaways

Ways to act on Sedgwick 401(k) Savings Plan's numbers.