401(k) · DOL Form 5500 · 2023

Altria Client Services LLC 401(k) Plan

Data updated 2026-08-25

$837M
Total assets Above avg plan size
1,820
Participants Near avg headcount
98th
Percentile by assets National rank
$459,941
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Deferred Profit-Sharing Plan for Hourly Employees · Sponsored by Altria Client Services LLC · Virginia · Manufacturing

$837M in assets, 1,820 participants

Altria Client Services LLC's Deferred Profit-Sharing Plan for Hourly Employees reported $837M in total assets and 1,820 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.

  • #18,185 in Manufacturing (18,722 peers)

Coverage in Virginia

Deferred Profit-Sharing Plan for Hourly Employees covers 1,820 participants in Virginia, 2.3x the typical Virginia plan (state average ~782 per filing). Assets: $837M.

#18,185
in Manufacturing (18,722 peers)
-6.1%
assets change YoY
8.4×
vs typical plan assets (national mean)

The plan reported a net loss of $52M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Deferred Profit-Sharing Plan for Hourly Employees's outsized position by total assets

Deferred Profit-Sharing Plan for Hourly Employees vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$837,091,897 Top 2% higher than 98% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Deferred Profit-Sharing Plan for Hourly Employees's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Deferred Profit-Sharing Plan for Hourly Employees lands in the large band (1,820 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Deferred Profit-Sharing Plan for Hourly Employees reported net income rose from -$105M in the plan year 2022 filing to -$52M in the plan year 2023 filing.
  • Deferred Profit-Sharing Plan for Hourly Employees end-of-year assets fell from $892M in the plan year 2022 filing to $837M in the plan year 2023 filing.
  • Deferred Profit-Sharing Plan for Hourly Employees reported participants fell from 1,843 in the plan year 2022 filing to 1,820 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 472929146 · Altria Client Services LLC PY 2023 · 401(k)

Deferred Profit-Sharing Plan for Hourly Employees · $837M · 1,820 · 98th

  • TYPE $837M
  • NET 1,820
  • BOOK 98th
  • VS-ST 401(k)
  • BOY near K&l Gates 401(k) Plan Alpha
  • SCH ind #18185

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 Virginia →

Deferred Profit-Sharing Plan for Hourly Employees in the asset neighbourhood

The Coca-Cola Bottlers' Association 401(k) Retirement Savings PlanThe Coca-Cola Bottlers' Asso…$839MHowmet Aerospace Hourly Retirement Savings PlanHowmet Aerospace Hourly Reti…$839MMartin Marietta Savings and Investment PlanMartin Marietta Savings and …$838MDeferred Profit-Sharing Plan for Hourly EmployeesDeferred Profit-Sharing Plan…$837MK&l Gates 401(k) Plan Alpha$836M
End-of-year total assets ($M) among Deferred Profit-Sharing Plan for Hourly Employees and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Virginia filing particulars

Total Assets (Beginning of Year)$892M
Net Assets (End of Year)$837M
Net Income-$52M
Employer EIN472929146
Plan Effective Date1983-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Altria Client Services LLC)

Sponsor-wide plan assets over time

All Altria Client Services LLC plans reported in each filing year

Latest sponsor-wide plan assets
$11.5B 3.8556916107691483% vs 2022
2024 filing year
$11B$11.2B$11.4B$11.6B 202220232024 $11.1B $11.5B ▲ +3.8%
Year Plans Participants Total Assets
2022 3 8,149 $11.1B
2023 3 8,141 $11.2B
2024 3 8,161 $11.5B

Nearby 401(k) Plans in Virginia

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

Deferred Profit-Sharing Plan for Hourly Employees vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants Deferred Profit-Sharing Plan for Hourly Employees, Total assets ($B): 0.837091897 · Participants: 1820Deferred Profit-Sharing Plan for Hourly EmployeesNorthrop Grumman Savings Plan, Total assets ($B): 36.173098625 · Participants: 97987Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 14.97867624 · Participants: 62467401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 11.167449098 · Participants: 48860General Dynamics Corporation 401(k) Plan 6.0Leidos, Inc. Retirement Plan, Total assets ($B): 10.583898778 · Participants: 27043Leidos, Inc. Retirement PlanBae Systems Employees' Savings and Investment Plan, Total assets ($B): 9.406287325 · Participants: 31681Bae Systems Employees' Savings and Investment Plan
Deferred Profit-Sharing Plan for Hourly Employees vs. nearby 401(k) plans in Virginia, assets vs. participants

Deferred Profit-Sharing Plan for Hourly Employees's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is K&l Gates 401(k) Plan Alpha in PA ($836M); by covered participants it is Lazard Freres & Co. LLC Employees' Savings Plan in NY (1,820 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($837M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,820 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Deferred Profit-Sharing Plan for Hourly Employees assets move in 2023?
Deferred Profit-Sharing Plan for Hourly Employees pulled back noticeably - down 6.1% during 2023, from $892M to $837M. Reported net income was -$52M.
How have Altria Client Services LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Altria Client Services LLC's sponsor-wide assets grew 3.9%, from $11.1B to $11.5B.
Where does Deferred Profit-Sharing Plan for Hourly Employees rank by assets among Form 5500 filers?
Deferred Profit-Sharing Plan for Hourly Employees ranks in the 98th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Deferred Profit-Sharing Plan for Hourly Employees?
Among 401(k) plans in other states, the closest by assets is K&l Gates 401(k) Plan Alpha in PA ($836M, 1,335 participants).
Which 401(k) plans cover a similar participant headcount to Deferred Profit-Sharing Plan for Hourly Employees?
Among 401(k) plans in other states, the closest by covered participants is Lazard Freres & Co. LLC Employees' Savings Plan in NY (1,820 participants, $724M in assets).