401(k) · DOL Form 5500 · 2023

McDonald's Corporation and Subsidiaries 401(k) Plan

Data updated 2026-08-25

$3.8B
Total assets Very large vs avg
21,332
Participants Very large workforce
100th
Percentile by assets National rank
$179,385
Avg per participant Above avg balance/head
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Official DOL plan name: McDonald's Corporation 401(k) Plan · Sponsored by McDonald's Corporation and Subsidiaries · Illinois · Food Services & Accommodation

$3.8B in assets, 21,332 participants

McDonald's Corporation and Subsidiaries's McDonald's Corporation 401(k) Plan reported $3.8B in total assets and 21,332 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.

  • #3,827 in Food Services & Accommodation (3,828 peers)

Coverage in Illinois

McDonald's Corporation 401(k) Plan covers 21,332 participants in Illinois, 27x the typical Illinois plan (state average ~779 per filing). Assets: $3.8B.

#3,827
in Food Services & Accommodation (3,828 peers)
+6.1%
assets growth YoY
38×
vs typical plan assets (national mean)

McDonald's Corporation 401(k) Plan's outsized position by total assets

McDonald's Corporation 401(k) Plan vs every filed plan by assets

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

$3,826,646,303 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

McDonald's Corporation 401(k) 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. McDonald's Corporation 401(k) Plan is a mega filing (21,332 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • McDonald's Corporation 401(k) Plan reported net income rose from -$564M in the plan year 2022 filing to $221M in the plan year 2023 filing.
  • McDonald's Corporation 401(k) Plan end-of-year assets rose from $3.6B in the plan year 2022 filing to $3.8B in the plan year 2023 filing.
  • McDonald's Corporation 401(k) Plan reported participants rose from 20,788 in the plan year 2022 filing to 21,332 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 362361282 · McDonald's Corporation and Subsidiaries PY 2023 · 401(k)

McDonald's Corporation 401(k) Plan · $3.8B · 21,332 · 100th

  • PHOTO $3.8B
  • PHOTO 21,332
  • PHOTO 100th
  • PHOTO 401(k)
  • PHOTO near Savings Plan of Entergy Corporation and Subsidiaries
  • PHOTO ind #3827

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 Food Services & Accommodation retirement plans → · Plans in Illinois →

McDonald's Corporation 401(k) Plan in the asset neighbourhood

Koch Employees' Savings Plan$3.9BMcDonald's Corporation 401(k) PlanMcDonald's Corporation 401(k…$3.8BSavings Plan of Entergy Corporation and SubsidiariesSavings Plan of Entergy Corp…$3.8BH-E-B Savings & Retirement PlanH-E-B Savings & Retirement P…$3.8BEcolab Savings Plan and ESOP$3.8B
End-of-year total assets ($B) among McDonald's Corporation 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Illinois filing particulars

Total Assets (Beginning of Year)$3.6B
Net Assets (End of Year)$3.8B
Net Income$221M
Employer EIN362361282
Plan Effective Date1964-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (McDonald's Corporation and Subsidiaries)

Sponsor-wide plan assets over time

All McDonald's Corporation and Subsidiaries plans reported in each filing year

Latest sponsor-wide plan assets
$3.7B 3.71608846506541% vs 2022
2024 filing year
$3.5B$3.6B$3.7B$3.8B$3.9B 202220232024 $3.61B $3.74B ▲ +3.6%
Year Plans Participants Total Assets
2022 1 20,788 $3.6B
2023 1 21,332 $3.8B
2024 1 23,029 $3.7B

Nearby 401(k) Plans in Illinois

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

McDonald's Corporation 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. 050000100000150000200000250000 05101520 Total assets ($B) Participants McDonald's Corporation 401(k) Plan, Total assets ($B): 3.826646303 · Participants: 21332McDonald's Corporation 401(k) PlanAccenture United States 401(k) Match Savings Plan, Total assets ($B): 17.594548115 · Participants: 69974Accenture United States 401(k) Match Savings PlanState Farm 401(k) Savings Plan, Total assets ($B): 16.935002041 · Participants: 60246State Farm 401(k) Savings PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 14.496191 · Participants: 38012Abbott Laboratories Stock Retirement PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 14.367975914 · Participants: 14959United Airlines Pilot Retirement Account PlanWalgreens Retirement Savings Plan, Total assets ($B): 13.444551767 · Participants: 235331Walgreens Retirement Savings Plan
McDonald's Corporation 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants
Compare McDonald's Corporation 401(k) Plan side-by-side with 3 peers →

Scale composition for McDonald's Corporation 401(k) Plan

McDonald's Corporation 401(k) Plan reports $3.8B in end-of-year assets across 21,332 participants (0.031% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.023% of 93,925,755 covered participants) - about $179,385 per participant (1.3x the national average assets-per-participant) . Net income for plan year 2023 was $221M.

This plan identity (EIN 362361282, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $3.6B to $3.7B (+3.7%) while covered participants moved from 20,788 to 23,029 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 20,788 $3.6B Open filing
2023 21,332 $3.8B This page
2024 · index core 23,029 $3.7B Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

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

Outside Illinois, the nearest 401(k) by assets is Savings Plan of Entergy Corporation and Subsidiaries in LA ($3.8B); by covered participants it is Yum Brands 401(k) Plan in KY (21,365 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($3.8B here).

Similar participant headcount

Nearest other-state filings by covered participants (21,332 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 McDonald's Corporation 401(k) Plan assets move in 2023? ▼
McDonald's Corporation 401(k) Plan grew at a solid clip - up 6.1% during 2023, from $3.6B to $3.8B. Reported net income was $221M.
How have McDonald's Corporation and Subsidiaries plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), McDonald's Corporation and Subsidiaries's sponsor-wide assets grew 3.7%, from $3.6B to $3.7B.
Where does McDonald's Corporation 401(k) Plan rank by assets among Form 5500 filers? ▼
McDonald's Corporation 401(k) 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 McDonald's Corporation 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Savings Plan of Entergy Corporation and Subsidiaries in LA ($3.8B, 10,136 participants).
Which 401(k) plans cover a similar participant headcount to McDonald's Corporation 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Yum Brands 401(k) Plan in KY (21,365 participants, $911M 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 362361282.

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.