401(k) · DOL Form 5500 · 2022
Follett Higher Education Group, LLC 401(k) Plan
Data updated 2026-08-11
- $291M
- Total assets
- 8,694
- Participants
- 97th
- Percentile by assets
- $33,418
- Avg per participant
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.
- 97th percentile by assets (of 139,126 plans)
- #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.
- $291M
- total plan assets (2022 EOY)
- 8,694
- covered participants
- 97th
- percentile by assets (of 139,126 plans)
- $33,418
- avg assets per participant
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.
Participants vs Illinois filers
In Illinois, the average filing covers about 779 participants across 5,745 plans. Follett Retirement Savings Plan reports 8,694 participants - 11x that state average ($291M EOY assets).
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)
| 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.
Follett Retirement Savings Plan vs. nearby 401(k) plans in Illinois, assets vs. participants
- 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)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Follett Retirement Savings Plan by total assets, not by location.
- 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
Frequently Asked Questions
How did Follett Retirement Savings Plan assets move in 2022? ▼
How have Follett Higher Education Group, LLC plan assets changed over time? ▼
Where does Follett Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Follett Retirement Savings Plan? ▼
Next read for Follett Retirement Savings Plan
Filing takeaways
Ways to act on Follett Retirement Savings Plan's numbers.
- By total assets, Follett Retirement Savings Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Illinois. Compare plans
- Follett Higher Education Group, LLC's sponsor-wide assets have grown 15.4% since 2022 across 3 plan years on file. More Wholesale Trade plans