401(k) · DOL Form 5500 · 2023

Nestle USA, Inc. Savings Plan Administration 401(k) Plan

Data updated 2026-08-06

$6.8B
Total assets: 31,854
Participants: 100th
Percentile by assets: $213,563
Avg per participant

Official DOL plan name: Nestle 401(k) Savings Plan · Sponsored by Nestle USA, Inc. Savings Plan Administration · Ohio · Manufacturing

$6.8B in assets, 31,854 participants

Nestle USA, Inc. Savings Plan Administration's Nestle 401(k) Savings Plan reported $6.8B in total assets and 31,854 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.

100th percentile by assets (of 126,618 plans)
#18,587 in Manufacturing (18,672 peers)

Coverage in Ohio

Nestle 401(k) Savings Plan covers 31,854 participants in Ohio, 40x the typical Ohio plan (state average ~787 per filing). Assets: $6.8B.

$6.8B
total plan assets (2023 EOY): 31,854
covered participants: 100th
percentile by assets (of 126,618 plans): $213,563
avg assets per participant

Nestle 401(k) Savings Plan reported net income rose from -$1.3B in the plan year 2022 filing to $748M in the plan year 2023 filing.
Nestle 401(k) Savings Plan reported participants rose from 24,432 in the plan year 2022 filing to 31,854 in the plan year 2023 filing.
Nestle 401(k) Savings Plan end-of-year assets rose from $6.0B in the plan year 2022 filing to $6.8B in the plan year 2023 filing.

See the national 2023→2024 release diff →

State

Ohio

Industry

Manufacturing

Participants vs Ohio filers

In Ohio, the average filing covers about 787 participants across 4,840 plans. Nestle 401(k) Savings Plan reports 31,854 participants - 40x that state average ($6.8B EOY assets).

Ohio filing particulars

Total Assets (Beginning of Year)	$6.0B
Net Assets (End of Year)	$6.8B
Net Income	$748M
Employer EIN	951572209
Plan Effective Date	1990-10-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Nestle USA, Inc. Savings Plan Administration)

Total plan assets by year, all Nestle USA, Inc. Savings Plan Administration plans on file

Year	Plans	Participants	Total Assets
2022	4	44,380	$8.7B
2023	4	50,700	$9.9B
2024	4	49,030	$10.0B

Nearby 401(k) Plans in Ohio

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

Nestle 401(k) Savings 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

Compare Nestle 401(k) Savings Plan side-by-side with 3 peers →

Scale composition for Nestle 401(k) Savings Plan

Nestle 401(k) Savings Plan reports $6.8B in end-of-year assets across 31,854 participants (0.058% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.035% of 89,805,449 covered participants) - about $213,563 per participant (1.6x the national average assets-per-participant) . Net income for plan year 2023 was $748M.

This plan identity (EIN 951572209, plan #200) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $6.0B to $7.5B (+24.6%) while covered participants moved from 24,432 to 30,677 . Single-year sparse filers cannot show that trail.

Plan year	Participants	EOY assets	Filing
2022	24,432	$6.0B	Open filing
2023	31,854	$6.8B	This page
2024 · index core	30,677	$7.5B	Open filing

The same sponsor also keeps 4 other index-core plans on PlainRetire:

Nestle 401(k) Savings Plan (401(k), $7.5B, 30,677 participants)
Nestle Pension Plan (Defined Benefit (Pension), $1.7B, 8,291 participants)
Nestle Hourly Retirement Plan (Defined Benefit (Pension), $524M, 6,283 participants)
Nestle USA, Inc. Hourly Retirement Savings Plan (401(k), $337M, 3,779 participants)

Similar-Sized 401(k) Plans Nationally

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

Schlumberger Technology Corporation Savings and Profit Sharing Plan (TX) $6.8B · 16,701
Allstate 401(k) Savings Plan (TX) $6.8B · 40,638
Massachusetts Institute of Technology Supplemental 401(k) Plan (MA) $6.8B · 14,094
Retirement Savings Plan (DE) $6.8B · 9,968

Frequently Asked Questions

How did Nestle 401(k) Savings Plan assets move in 2023? ▼

Nestle 401(k) Savings Plan grew at a solid clip - up 13.7% during 2023, from $6.0B to $6.8B. Reported net income was $748M.

How have Nestle USA, Inc. Savings Plan Administration plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Nestle USA, Inc. Savings Plan Administration's sponsor-wide assets grew 14.8%, from $8.7B to $10.0B.

Where does Nestle 401(k) Savings Plan rank by assets among Form 5500 filers? ▼

Nestle 401(k) Savings Plan ranks in the 100th percentile by end-of-year assets among 126,618 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 Nestle 401(k) Savings Plan? ▼

Among 401(k) plans in other states, the closest by assets is Schlumberger Technology Corporation Savings and Profit Sharing Plan in TX ($6.8B, 16,701 participants).

Next read for Nestle 401(k) Savings Plan

Filing takeaways

Ways to act on Nestle 401(k) Savings Plan's numbers.

By total assets, Nestle 401(k) Savings Plan ranks among the largest 1% of all filed plans. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Ohio. Compare plans
Nestle USA, Inc. Savings Plan Administration's sponsor-wide assets have grown 14.8% since 2022 across 3 plan years on file. More Manufacturing plans

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 951572209.