401(k) · DOL Form 5500 · 2023

KEYCORP 401(k) Plan

Data updated 2026-08-25

$3.7B
Total assets Very large vs avg
19,118
Participants Very large workforce
100th
Percentile by assets National rank
$195,005
Avg per participant Above avg balance/head
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Official DOL plan name: Keycorp 401(k) Savings Plan · Sponsored by KEYCORP · Ohio · Finance & Insurance

$3.7B in assets, 19,118 participants

KEYCORP's Keycorp 401(k) Savings Plan reported $3.7B in total assets and 19,118 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.

  • #8,800 in Finance & Insurance (8,869 peers)

Coverage in Ohio

Keycorp 401(k) Savings Plan covers 19,118 participants in Ohio, 25x the typical Ohio plan (state average ~765 per filing). Assets: $3.7B.

#8,800
in Finance & Insurance (8,869 peers)
+14.0%
assets growth YoY
37×
vs typical plan assets (national mean)

Keycorp 401(k) Savings Plan's outsized position by total assets

Keycorp 401(k) Savings Plan vs every filed plan by assets

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

$3,728,102,862 Highest reported value at or above every one 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

Keycorp 401(k) Savings Plan's mega-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Keycorp 401(k) Savings Plan is a mega filing (19,118 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Keycorp 401(k) Savings Plan reported net income rose from -$748M in the plan year 2022 filing to $458M in the plan year 2023 filing.
  • Keycorp 401(k) Savings Plan end-of-year assets rose from $3.3B in the plan year 2022 filing to $3.7B in the plan year 2023 filing.
  • Keycorp 401(k) Savings Plan reported participants rose from 17,903 in the plan year 2022 filing to 19,118 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 346542451 · KEYCORP PY 2023 · 401(k)

Keycorp 401(k) Savings Plan · $3.7B · 19,118 · 100th

  • IND $3.7B
  • EOY 19,118
  • 5500 100th
  • ASSETS 401(k)
  • PCT near Rbc- U.S.a. Retirement and Savings Plan
  • EIN ind #8800

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 Finance & Insurance retirement plans → · Plans in Ohio →

Keycorp 401(k) Savings Plan in the asset neighbourhood

Baker Hughes Company 401(k) PlanBaker Hughes Company 401(k) …$3.7BEversource 401(k) Plan$3.8BCorning Incorporated Investment PlanCorning Incorporated Investm…$3.8BKeycorp 401(k) Savings Plan$3.7BRbc- U.S.a. Retirement and Savings PlanRbc- U.S.a. Retirement and S…$3.7B
End-of-year total assets ($B) among Keycorp 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Ohio filing particulars

Total Assets (Beginning of Year)$3.3B
Net Assets (End of Year)$3.7B
Net Income$458M
Employer EIN346542451
Plan Effective Date1979-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (KEYCORP)

Sponsor-wide plan assets over time

All KEYCORP plans reported in each filing year

Latest sponsor-wide plan assets
$4.9B 20.729420576787565% vs 2022
2024 filing year
$3.5B$4B$4.5B$5B$5.5B 202220232024 $4.08B $4.93B ▲ +20.8%
Year Plans Participants Total Assets
2022 2 21,543 $4.1B
2023 2 22,455 $4.6B
2024 2 20,632 $4.9B

Nearby 401(k) Plans in Ohio

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

Keycorp 401(k) Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. 050000100000150000 0510152025 Total assets ($B) Participants Keycorp 401(k) Savings Plan, Total assets ($B): 3.728102862 · Participants: 19118Keycorp 401(k) Savings PlanGE Retirement Savings Plan, Total assets ($B): 19.485469047 · Participants: 59766GE Retirement Savings PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.12932701 · Participants: 47362The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 9.225573063 · Participants: 56176The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 8.445085 · Participants: 129769The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 7.618883027 · Participants: 24715Nationwide Savings Plan
Keycorp 401(k) Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare Keycorp 401(k) Savings Plan side-by-side with 3 peers →

Scale composition for Keycorp 401(k) Savings Plan

Keycorp 401(k) Savings Plan reports $3.7B in end-of-year assets across 19,118 participants (0.030% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.020% of 93,925,755 covered participants) - about $195,005 per participant (1.4x the national average assets-per-participant) . Net income for plan year 2023 was $458M.

This plan identity (EIN 346542451, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $3.3B to $4.1B (+26.3%) while covered participants moved from 17,903 to 17,635 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 17,903 $3.3B Open filing
2023 19,118 $3.7B This page
2024 · index core 17,635 $4.1B Open filing

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

Keycorp 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Rbc- U.S.a. Retirement and Savings Plan in MN ($3.7B); by covered participants it is Philips North America 401(k) Plan in MA (19,120 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($3.7B here).

Similar participant headcount

Nearest other-state filings by covered participants (19,118 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 Keycorp 401(k) Savings Plan assets move in 2023? ▼
Keycorp 401(k) Savings Plan grew at a solid clip - up 14.0% during 2023, from $3.3B to $3.7B. Reported net income was $458M.
How have KEYCORP plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), KEYCORP's sponsor-wide assets grew 20.7%, from $4.1B to $4.9B.
Where does Keycorp 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
Keycorp 401(k) 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 Keycorp 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Rbc- U.S.a. Retirement and Savings Plan in MN ($3.7B, 8,957 participants).
Which 401(k) plans cover a similar participant headcount to Keycorp 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Philips North America 401(k) Plan in MA (19,120 participants, $5.8B in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 346542451.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.