401(k) · DOL Form 5500 · 2023
Bread Financial Payments, Inc. 401(k) Plan
Data updated 2026-08-11
- $824M
- Total assets
- 7,094
- Participants
- 98th
- Percentile by assets
- $116,111
- Avg per participant
Official DOL plan name: Bread Financial 401(k) Plan · Sponsored by Bread Financial Payments, Inc. · Ohio · Finance & Insurance
$824M in assets, 7,094 participants
Bread Financial Payments, Inc.'s Bread Financial 401(k) Plan reported $824M in total assets and 7,094 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.
- 98th percentile by assets (of 127,072 plans)
- #8,598 in Finance & Insurance (8,869 peers)
Coverage in Ohio
Bread Financial 401(k) Plan covers 7,094 participants in Ohio, 9.3x the typical Ohio plan (state average ~765 per filing). Assets: $824M.
- $824M
- total plan assets (2023 EOY)
- 7,094
- covered participants
- 98th
- percentile by assets (of 127,072 plans)
- $116,111
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Bread Financial 401(k) Plan reported net income rose from -$203M in the plan year 2022 filing to $40M in the plan year 2023 filing.
- Bread Financial 401(k) Plan reported participants rose from 5,715 in the plan year 2022 filing to 7,094 in the plan year 2023 filing.
- Bread Financial 401(k) Plan end-of-year assets rose from $784M in the plan year 2022 filing to $824M in the plan year 2023 filing.
Participants vs Ohio filers
In Ohio, the average filing covers about 765 participants across 5,089 plans. Bread Financial 401(k) Plan reports 7,094 participants - 9.3x that state average ($824M EOY assets).
Ohio filing particulars
| Total Assets (Beginning of Year) | $784M |
|---|---|
| Net Assets (End of Year) | $823M |
| Net Income | $40M |
| Employer EIN | 133163498 |
| Plan Effective Date | 1996-01-24 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Bread Financial Payments, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 5,715 | $784M |
| 2023 | 1 | 7,094 | $824M |
| 2024 | 1 | 6,062 | $932M |
Nearby 401(k) Plans in Ohio
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Bread Financial 401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
- GE Retirement Savings Plan $19.5B · 59,766
- The Sherwin-Williams Company 401(k) Plan $10.1B · 47,362
- The Progressive 401(k) Plan $9.2B · 56,176
- The Kroger Co. 401(k) Retirement Savings Account Plan $8.4B · 129,769
- Nationwide Savings Plan $7.6B · 24,715
Scale composition for Bread Financial 401(k) Plan
Bread Financial 401(k) Plan reports $824M in end-of-year assets across 7,094 participants (0.007% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.008% of 93,925,755 covered participants) - about $116,111 per participant (84% of the national average assets-per-participant) . Net income for plan year 2023 was $40M.
This plan identity (EIN 133163498, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $784M to $932M (+18.9%) while covered participants moved from 5,715 to 6,062 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 5,715 | $784M | Open filing |
| 2023 | 7,094 | $824M | This page |
| 2024 · index core | 6,062 | $932M | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Bread Financial 401(k) Plan (401(k), $932M, 6,062 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Bread Financial 401(k) Plan by total assets, not by location.
- Schneider National, Inc. 401(k) Savings and Retirement Plan (WI) $824M · 16,358
- Intuitive Surgical, Inc. 401(k) Plan (CA) $823M · 7,518
- Pentair Inc Retirement Savings and Stock (MN) $822M · 5,714
- Spx Retirement Savings and Stock Ownership Plan (NC) $826M · 2,872
Frequently Asked Questions
How did Bread Financial 401(k) Plan assets move in 2023? ▼
How have Bread Financial Payments, Inc. plan assets changed over time? ▼
Where does Bread Financial 401(k) Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Bread Financial 401(k) Plan? ▼
Next read for Bread Financial 401(k) Plan
Filing takeaways
Ways to act on Bread Financial 401(k) Plan's numbers.
- By total assets, Bread Financial 401(k) 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 Ohio. Compare plans
- Bread Financial Payments, Inc.'s sponsor-wide assets have grown 18.9% since 2022 across 3 plan years on file. More Finance & Insurance plans