401(k) · DOL Form 5500 · 2023

Erie Indemnity Company 401(k) Plan

Data updated 2026-08-11

$1.2B
Total assets
5,972
Participants
99th
Percentile by assets
$197,524
Avg per participant
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Official DOL plan name: Erie Insurance Group Employee Savings Plan · Sponsored by Erie Indemnity Company · Pennsylvania · Finance & Insurance

$1.2B in assets, 5,972 participants

Erie Indemnity Company's Erie Insurance Group Employee Savings Plan reported $1.2B in total assets and 5,972 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.

  • 99th percentile by assets (of 127,072 plans)
  • #8,668 in Finance & Insurance (8,869 peers)

Coverage in Pennsylvania

Erie Insurance Group Employee Savings Plan covers 5,972 participants in Pennsylvania, 7.3x the typical Pennsylvania plan (state average ~822 per filing). Assets: $1.2B.

$1.2B
total plan assets (2023 EOY)
5,972
covered participants
99th
percentile by assets (of 127,072 plans)
$197,524
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Erie Insurance Group Employee Savings Plan reported net income rose from -$281M in the plan year 2022 filing to $199M in the plan year 2023 filing.
  • Erie Insurance Group Employee Savings Plan end-of-year assets rose from $980M in the plan year 2022 filing to $1.2B in the plan year 2023 filing.
  • Erie Insurance Group Employee Savings Plan reported participants rose from 5,811 in the plan year 2022 filing to 5,972 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs Pennsylvania filers

In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. Erie Insurance Group Employee Savings Plan reports 5,972 participants - 7.3x that state average ($1.2B EOY assets).

Pennsylvania filing particulars

Total Assets (Beginning of Year)$980M
Net Assets (End of Year)$1.2B
Net Income$199M
Employer EIN250466020
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Erie Indemnity Company)

$1B$1.5B$2B$2.5B 202220232024 $2.01B $1.35B ▼ -32.8%
Total plan assets by year, all Erie Indemnity Company plans on file
Year Plans Participants Total Assets
2022 2 11,798 $2.0B
2023 2 12,479 $2.2B
2024 1 6,484 $1.4B

Nearby 401(k) Plans in Pennsylvania

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

Erie Insurance Group Employee Savings Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Erie Insurance Group Employee Savings Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. 020000400006000080000100000 05101520 Total assets ($B) Participants Erie Insurance Group…Comcast Corporation …Cigna 401(k) PlanThe Vanguard Retirem…The PNC Financial Se…The Bank of New York…
Erie Insurance Group Employee Savings Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Scale composition for Erie Insurance Group Employee Savings Plan

Erie Insurance Group Employee Savings Plan reports $1.2B in end-of-year assets across 5,972 participants (0.010% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $197,524 per participant (1.4x the national average assets-per-participant) . Net income for plan year 2023 was $199M.

This plan identity (EIN 250466020, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $980M to $1.4B (+38.0%) while covered participants moved from 5,811 to 6,484 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 5,811 $980M Open filing
2023 5,972 $1.2B This page
2024 · index core 6,484 $1.4B 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 Erie Insurance Group Employee Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Erie Insurance Group Employee Savings Plan assets move in 2023?
Erie Insurance Group Employee Savings Plan grew sharply - up 20.4% during 2023, from $980M to $1.2B. Reported net income was $199M.
How have Erie Indemnity Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Erie Indemnity Company's sponsor-wide assets declined 32.6%, from $2.0B to $1.4B.
Where does Erie Insurance Group Employee Savings Plan rank by assets among Form 5500 filers?
Erie Insurance Group Employee Savings Plan ranks in the 99th 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 Erie Insurance Group Employee Savings Plan?
Among 401(k) plans in other states, the closest by assets is Akamai Technologies, Inc. 401(k) Plan in MA ($1.2B, 3,788 participants).

Next read for Erie Insurance Group Employee Savings Pl…

Filing takeaways

Ways to act on Erie Insurance Group Employee Savings Plan's numbers.