401(k) · DOL Form 5500 · 2022
Follett Higher Education Group, LLC 401(k) Plan
Data updated 2026-08-25
- $291M
- Total assets Near avg plan size
- 8,694
- Participants Very large workforce
- 97th
- Percentile by assets National rank
- $33,418
- Avg per participant Low balance/head
Official DOL plan name: Follett Retirement Savings Plan · Sponsored by Follett Higher Education Group, LLC · Illinois · Wholesale Trade
$291M in assets, 8,694 participants
Follett Higher Education Group, LLC's Follett Retirement Savings Plan reported $291M in total assets and 8,694 participants in its 2022 DOL Form 5500 filing, ranking in the 97th 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.
- #6,694 in Wholesale Trade (6,843 peers)
Coverage in Illinois
Follett Retirement Savings Plan covers 8,694 participants in Illinois, 11x the typical Illinois plan (state average ~779 per filing). Assets: $291M.
- #6,694
- in Wholesale Trade (6,843 peers)
- -35.4%
- assets change YoY
- 2.9×
- vs typical plan assets (national mean)
The plan reported a net loss of $92M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Follett Retirement Savings Plan's outsized position by total assets
Follett Retirement Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$290,536,575 Top 3% higher than 97% 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
Follett Retirement 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. Follett Retirement Savings Plan lands in the large band (8,694 participants).
Plan-year Form 5500 strip
Filing strip 362593135 · Follett Higher Education Group, LLC PY 2022 · 401(k)
Follett Retirement Savings Plan · $291M · 8,694 · 97th
- VS-ST $291M
- BOY 8,694
- SCH 97th
- EBSA 401(k)
- PART near Onesky Flight, LLC 401(k) Retirement Savings Plan
- TYPE ind #6694
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 Wholesale Trade retirement plans → · Plans in Illinois →
Follett Retirement Savings Plan in the asset neighbourhood
Illinois filing particulars
| Total Assets (Beginning of Year) | $450M |
|---|---|
| Net Assets (End of Year) | $291M |
| Net Income | -$92M |
| Employer EIN | 362593135 |
| Plan Effective Date | 1985-04-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Follett Higher Education Group, LLC)
Sponsor-wide plan assets over time
All Follett Higher Education Group, LLC plans reported in each filing year
- Latest sponsor-wide plan assets
- $335M 15.433826532855633% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 8,694 | $291M |
| 2023 | 1 | 5,572 | $321M |
| 2024 | 1 | 5,403 | $335M |
Nearby 401(k) Plans in Illinois
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- State Farm 401(k) Savings Plan $14.7B · 53,616
- Accenture United States 401(k) Match and Savings Plan $14.3B · 66,653
- Abbott Laboratories Stock Retirement Plan $13.3B · 36,136
- United Airlines Pilot Retirement Account Plan $11.8B · 13,437
- Walgreens Retirement Savings Plan $11.7B · 238,072
Scale composition for Follett Retirement Savings Plan
Follett Retirement Savings Plan reports $291M in end-of-year assets across 8,694 participants (0.002% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.009% of 93,925,755 covered participants) - about $33,418 per participant (24% of the national average assets-per-participant) . Net income for plan year 2022 was -$92M.
This plan identity (EIN 362593135, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $291M to $335M (+15.4%) while covered participants moved from 8,694 to 5,403 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 8,694 | $291M | This page |
| 2023 | 5,572 | $321M | Open filing |
| 2024 · index core | 5,403 | $335M | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Follett Retirement Savings Plan (401(k), $335M, 5,403 participants)
Follett Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside Illinois, the nearest 401(k) by assets is Onesky Flight, LLC 401(k) Retirement Savings Plan in OH ($291M); by covered participants it is Averitt Express 401(k) & Profit Sharing Plan in TN (8,690 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($291M here).
- Onesky Flight, LLC 401(k) Retirement Savings Plan (OH) $291M · 1,894
- Choctaw Nation of Oklahoma Thrift Plan (OK) $290M · 10,913
- The Nebraska Furniture Mart, Inc. Profit Sharing Plan (NE) $290M · 4,775
- Yakima Valley Memorial Hospital 401(k) Plan (WA) $291M · 3,037
Similar participant headcount
Nearest other-state filings by covered participants (8,694 participants); asset peers above are excluded.
- Averitt Express 401(k) & Profit Sharing Plan (TN) 8,690 · 4 off
- Kaleida Health Savings Investment 403(b) Plan (NY) 8,705 · 11 off
- Blackrock Retirement Savings Plan (NY) 8,679 · 15 off
- Workforce Logiq, LLC 401(k) Plan (FL) 8,672 · 22 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.