401(k) · DOL Form 5500 · 2023

Iron Mountain Incorporated 401(k) Plan

Data updated 2026-08-11

$805M
Total assets
8,643
Participants
98th
Percentile by assets
$93,093
Avg per participant
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Official DOL plan name: The Iron Mountain Companies 401(k) Plan · Sponsored by Iron Mountain Incorporated · Pennsylvania · Transportation & Warehousing

$805M in assets, 8,643 participants

Iron Mountain Incorporated's The Iron Mountain Companies 401(k) Plan reported $805M in total assets and 8,643 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 127,072 plans)
  • #3,272 in Transportation & Warehousing (3,362 peers)

Coverage in Pennsylvania

The Iron Mountain Companies 401(k) Plan covers 8,643 participants in Pennsylvania, 11x the typical Pennsylvania plan (state average ~822 per filing). Assets: $805M.

$805M
total plan assets (2023 EOY)
8,643
covered participants
98th
percentile by assets (of 127,072 plans)
$93,093
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Iron Mountain Companies 401(k) Plan reported net income rose from -$169M in the plan year 2022 filing to $151M in the plan year 2023 filing.
  • The Iron Mountain Companies 401(k) Plan end-of-year assets rose from $651M in the plan year 2022 filing to $805M in the plan year 2023 filing.
  • The Iron Mountain Companies 401(k) Plan reported participants rose from 7,917 in the plan year 2022 filing to 8,643 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. The Iron Mountain Companies 401(k) Plan reports 8,643 participants - 11x that state average ($805M EOY assets).

Pennsylvania filing particulars

Total Assets (Beginning of Year)$651M
Net Assets (End of Year)$805M
Net Income$151M
Employer EIN232588479
Plan Effective Date1988-11-09
Filing StatusFILING RECEIVED

Sponsor Plan History (Iron Mountain Incorporated)

$600M$700M$800M$900M$1,000M 202220232024 $651M $943M ▲ +44.8%
Total plan assets by year, all Iron Mountain Incorporated plans on file
Year Plans Participants Total Assets
2022 1 7,917 $651M
2023 1 8,643 $805M
2024 1 9,146 $943M

Nearby 401(k) Plans in Pennsylvania

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

The Iron Mountain Companies 401(k) Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

The Iron Mountain Companies 401(k) Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. 020000400006000080000100000 -505101520 Total assets ($B) Participants The Iron Mountain Co…Comcast Corporation …Cigna 401(k) PlanThe Vanguard Retirem…The PNC Financial Se…The Bank of New York…
The Iron Mountain Companies 401(k) Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Scale composition for The Iron Mountain Companies 401(k) Plan

The Iron Mountain Companies 401(k) Plan reports $805M in end-of-year assets across 8,643 participants (0.007% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.009% of 93,925,755 covered participants) - about $93,093 per participant (67% of the national average assets-per-participant) . Net income for plan year 2023 was $151M.

This plan identity (EIN 232588479, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $651M to $943M (+44.8%) while covered participants moved from 7,917 to 9,146 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 7,917 $651M Open filing
2023 8,643 $805M This page
2024 · index core 9,146 $943M Open filing

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

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to The Iron Mountain Companies 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did The Iron Mountain Companies 401(k) Plan assets move in 2023?
The Iron Mountain Companies 401(k) Plan grew sharply - up 23.5% during 2023, from $651M to $805M. Reported net income was $151M.
How have Iron Mountain Incorporated plan assets changed over time?
Across 3 plan years on file (2022-2024), Iron Mountain Incorporated's sponsor-wide assets grew 44.8%, from $651M to $943M.
Where does The Iron Mountain Companies 401(k) Plan rank by assets among Form 5500 filers?
The Iron Mountain Companies 401(k) Plan ranks in the 98th 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 The Iron Mountain Companies 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Scripps Retirement and Investment Plan in OH ($804M, 5,529 participants).

Next read for The Iron Mountain Companies 401(k) Plan

Filing takeaways

Ways to act on The Iron Mountain Companies 401(k) Plan's numbers.