401(k) · DOL Form 5500 · 2023

American Express Company and Its Participating Subsidiaries 401(k) Plan

Data updated 2026-08-11

$7.9B
Total assets
26,493
Participants
100th
Percentile by assets
$297,694
Avg per participant
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Official DOL plan name: American Express Retirement Savings Plan · Sponsored by American Express Company and Its Participating Subsidiaries · New York · Finance & Insurance

$7.9B in assets, 26,493 participants

American Express Company and Its Participating Subsidiaries's American Express Retirement Savings Plan reported $7.9B in total assets and 26,493 participants in its 2023 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 127,072 plans)
  • #8,841 in Finance & Insurance (8,869 peers)

Coverage in New York

American Express Retirement Savings Plan covers 26,493 participants in New York, 33x the typical New York plan (state average ~798 per filing). Assets: $7.9B.

$7.9B
total plan assets (2023 EOY)
26,493
covered participants
100th
percentile by assets (of 127,072 plans)
$297,694
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • American Express Retirement Savings Plan reported net income rose from -$1.3B in the plan year 2022 filing to $1.3B in the plan year 2023 filing.
  • American Express Retirement Savings Plan reported participants rose from 21,734 in the plan year 2022 filing to 26,493 in the plan year 2023 filing.
  • American Express Retirement Savings Plan end-of-year assets rose from $6.5B in the plan year 2022 filing to $7.9B in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Participants vs New York filers

In New York, the average filing covers about 798 participants across 9,061 plans. American Express Retirement Savings Plan reports 26,493 participants - 33x that state average ($7.9B EOY assets).

New York filing particulars

Total Assets (Beginning of Year)$6.5B
Net Assets (End of Year)$7.7B
Net Income$1.3B
Employer EIN134922250
Plan Effective Date1973-06-11
Filing StatusFILING RECEIVED

Sponsor Plan History (American Express Company and Its Participating Subsidiaries)

$7B$8B$9B$10B$11B 202220232024 $7.56B $10.2B ▲ +34.4%
Total plan assets by year, all American Express Company and Its Participating Subsidiaries plans on file
Year Plans Participants Total Assets
2022 2 25,649 $7.6B
2023 2 30,157 $9.0B
2024 2 28,364 $10.2B

Nearby 401(k) Plans in New York

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

American Express Retirement Savings Plan vs. nearby 401(k) plans in New York, assets vs. participants

American Express Retirement Savings Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. 050000100000150000 0204060 Total assets ($B) Participants American Express Ret…IBM 401 (K) Plus PlanPfizer Savings PlanMorgan Stanley 401(k…The Pepsico Savings …The Goldman Sachs 40…
American Express Retirement Savings Plan vs. nearby 401(k) plans in New York, assets vs. participants

Scale composition for American Express Retirement Savings Plan

American Express Retirement Savings Plan reports $7.9B in end-of-year assets across 26,493 participants (0.064% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.028% of 93,925,755 covered participants) - about $297,694 per participant (2.2x the national average assets-per-participant) . Net income for plan year 2023 was $1.3B.

This plan identity (EIN 134922250, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $6.5B to $9.1B (+38.7%) while covered participants moved from 21,734 to 25,030 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 21,734 $6.5B Open filing
2023 26,493 $7.9B This page
2024 · index core 25,030 $9.1B 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 American Express Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did American Express Retirement Savings Plan assets move in 2023?
American Express Retirement Savings Plan grew sharply - up 20.6% during 2023, from $6.5B to $7.9B. Reported net income was $1.3B.
How have American Express Company and Its Participating Subsidiaries plan assets changed over time?
Across 3 plan years on file (2022-2024), American Express Company and Its Participating Subsidiaries's sponsor-wide assets grew 34.5%, from $7.6B to $10.2B.
Where does American Express Retirement Savings Plan rank by assets among Form 5500 filers?
American Express Retirement Savings Plan ranks in the 100th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to American Express Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Commonspirit Health 401(k) Retirement Savings Plan in KY ($7.9B, 86,688 participants).

Next read for American Express Retirement Savings Plan

Filing takeaways

Ways to act on American Express Retirement Savings Plan's numbers.

  • By total assets, American Express Retirement Savings Plan ranks among the largest 1% of all filed plans. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in New York. Compare plans
  • American Express Company and Its Participating Subsidiaries's sponsor-wide assets have grown 34.5% since 2022 across 3 plan years on file. More Finance & Insurance plans