401(k) · DOL Form 5500 · 2022

Fmr LLC 401(k) Plan

Data updated 2026-08-11

$23.0B
Total assets
52,036
Participants
100th
Percentile by assets
$441,109
Avg per participant
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Official DOL plan name: Fidelity Retirement Savings Plan · Sponsored by Fmr LLC · Massachusetts · Finance & Insurance

$23.0B in assets, 52,036 participants

Fmr LLC's Fidelity Retirement Savings Plan reported $23.0B in total assets and 52,036 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.

  • 100th percentile by assets (of 139,126 plans)
  • #9,258 in Finance & Insurance (9,261 peers)

Coverage in Massachusetts

Fidelity Retirement Savings Plan covers 52,036 participants in Massachusetts, 79x the typical Massachusetts plan (state average ~659 per filing). Assets: $23.0B.

$23.0B
total plan assets (2022 EOY)
52,036
covered participants
100th
percentile by assets (of 139,126 plans)
$441,109
avg assets per participant

The plan reported a net loss of $4.8B for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Participants vs Massachusetts filers

In Massachusetts, the average filing covers about 659 participants across 4,265 plans. Fidelity Retirement Savings Plan reports 52,036 participants - 79x that state average ($23.0B EOY assets).

Massachusetts filing particulars

Total Assets (Beginning of Year)$27.8B
Net Assets (End of Year)$23.0B
Net Income-$4.8B
Employer EIN043532603
Plan Effective Date1952-12-30
Filing StatusFILING RECEIVED

Sponsor Plan History (Fmr LLC)

$20B$25B$30B$35B$40B 202220232024 $23B $34.4B ▲ +49.7%
Total plan assets by year, all Fmr LLC plans on file
Year Plans Participants Total Assets
2022 2 53,976 $23.0B
2023 2 68,110 $28.7B
2024 2 75,862 $34.4B

Nearby 401(k) Plans in Massachusetts

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

Fidelity Retirement Savings Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

Fidelity Retirement Savings Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. 100002000030000400005000060000 0510152025 Total assets ($B) Participants Fidelity Retirement …Liberty Mutual 401(k…Massachusetts Instit…Philips North Americ…Boston Scientific Co…State Street Salary …
Fidelity Retirement Savings Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

Scale composition for Fidelity Retirement Savings Plan

Fidelity Retirement Savings Plan reports $23.0B in end-of-year assets across 52,036 participants (0.19% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.055% of 93,925,755 covered participants) - about $441,109 per participant (3.2x the national average assets-per-participant) . Net income for plan year 2022 was -$4.8B.

This plan identity (EIN 043532603, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $23.0B to $34.2B (+49.0%) while covered participants moved from 52,036 to 66,907 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 52,036 $23.0B This page
2023 62,289 $28.6B Open filing
2024 · index core 66,907 $34.2B Open filing

The same sponsor also keeps 2 other index-core plans on PlainRetire:

Similar-Sized 401(k) Plans Nationally

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

Frequently Asked Questions

How did Fidelity Retirement Savings Plan assets move in 2022?
Fidelity Retirement Savings Plan declined sharply - down 17.4% during 2022, from $27.8B to $23.0B. Reported net income was -$4.8B.
How have Fmr LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Fmr LLC's sponsor-wide assets grew 49.6%, from $23.0B to $34.4B.
Where does Fidelity Retirement Savings Plan rank by assets among Form 5500 filers?
Fidelity Retirement Savings Plan ranks in the 100th 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 Fidelity Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Oracle Corporation 401(k) Savings and Investment Plan in CA ($21.9B, 46,320 participants).

Filing takeaways

Ways to act on Fidelity Retirement Savings Plan's numbers.