401(k) · DOL Form 5500 · 2023

Ares Management LLC 401(k) Plan

Data updated 2026-08-11

$399M
Total assets
1,728
Participants
97th
Percentile by assets
$231,067
Avg per participant
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Official DOL plan name: Ares Retirement Savings Plan · Sponsored by Ares Management LLC · California · Finance & Insurance

$399M in assets, 1,728 participants

Ares Management LLC's Ares Retirement Savings Plan reported $399M in total assets and 1,728 participants in its 2023 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 127,072 plans)
  • #8,403 in Finance & Insurance (8,869 peers)

Coverage in California

Ares Retirement Savings Plan covers 1,728 participants in California, 2.7x the typical California plan (state average ~630 per filing). Assets: $399M.

$399M
total plan assets (2023 EOY)
1,728
covered participants
97th
percentile by assets (of 127,072 plans)
$231,067
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Ares Retirement Savings Plan reported net income rose from -$38M in the plan year 2022 filing to $111M in the plan year 2023 filing.
  • Ares Retirement Savings Plan end-of-year assets rose from $287M in the plan year 2022 filing to $399M in the plan year 2023 filing.
  • Ares Retirement Savings Plan reported participants rose from 1,503 in the plan year 2022 filing to 1,728 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs California filers

In California, the average filing covers about 630 participants across 15,291 plans. Ares Retirement Savings Plan reports 1,728 participants - 2.7x that state average ($399M EOY assets).

California filing particulars

Total Assets (Beginning of Year)$287M
Net Assets (End of Year)$399M
Net Income$111M
Employer EIN272078839
Plan Effective Date2003-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ares Management LLC)

$200M$300M$400M$500M$600M 202220232024 $287M $519M ▲ +80.4%
Total plan assets by year, all Ares Management LLC plans on file
Year Plans Participants Total Assets
2022 1 1,503 $287M
2023 1 1,728 $399M
2024 1 1,837 $519M

Nearby 401(k) Plans in California

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

Ares Retirement Savings Plan vs. nearby 401(k) plans in California, assets vs. participants

Ares Retirement Savings Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Ares Retirement Savi…Wells Fargo & Compan…Google LLC 401(k) Sa…Oracle Corporation 4…Intel 401(k) Savings…Apple 401(k) Plan
Ares Retirement Savings Plan vs. nearby 401(k) plans in California, assets vs. participants

Similar-Sized 401(k) Plans Nationally

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

Frequently Asked Questions

How did Ares Retirement Savings Plan assets move in 2023?
Ares Retirement Savings Plan surged - up 38.9% during 2023, from $287M to $399M. Reported net income was $111M.
How have Ares Management LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Ares Management LLC's sponsor-wide assets grew 80.4%, from $287M to $519M.
Where does Ares Retirement Savings Plan rank by assets among Form 5500 filers?
Ares Retirement Savings Plan ranks in the 97th 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 Ares Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is A&e Television Networks, LLC 401(k) Plan in NY ($399M, 1,385 participants).

Filing takeaways

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