401(k) · DOL Form 5500 · 2023

First Trust Portfolios L.P. 401(k) Plan

Data updated 2026-08-11

$295M
Total assets: 989
Participants: 96th
Percentile by assets: $298,556
Avg per participant

Official DOL plan name: First Trust Portfolios L.P. 401(k) Plan · Sponsored by First Trust Portfolios L.P. · Illinois · Finance & Insurance

$295M in assets, 989 participants

First Trust Portfolios L.P.'s First Trust Portfolios L.P. 401(k) Plan reported $295M in total assets and 989 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.

96th percentile by assets (of 127,072 plans)
#8,292 in Finance & Insurance (8,869 peers)

Where First Trust Portfolios L.P. 401(k) Plan sits by assets

First Trust Portfolios L.P. 401(k) Plan sits in the top 5% of all filed plans by assets, $295M for 989 participants (~$298,556/participant), up 25.7% in 2023.

$295M
total plan assets (2023 EOY): 989
covered participants: 96th
percentile by assets (of 127,072 plans): $298,556
avg assets per participant

First Trust Portfolios L.P. 401(k) Plan reported net income rose from -$36M in the plan year 2022 filing to $60M in the plan year 2023 filing.
First Trust Portfolios L.P. 401(k) Plan end-of-year assets rose from $235M in the plan year 2022 filing to $295M in the plan year 2023 filing.
First Trust Portfolios L.P. 401(k) Plan reported participants rose from 950 in the plan year 2022 filing to 989 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Illinois

Industry

Finance & Insurance

First Trust Portfolios L.P. 401(k) Plan vs the 2023 asset distribution

By assets, First Trust Portfolios L.P. 401(k) Plan outranks 96% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 3.0x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$235M
Net Assets (End of Year)	$295M
Net Income	$60M
Employer EIN	363768815
Plan Effective Date	1992-03-16
Filing Status	FILING RECEIVED

Sponsor Plan History (First Trust Portfolios L.P.)

Total plan assets by year, all First Trust Portfolios L.P. plans on file

Year	Plans	Participants	Total Assets
2022	1	950	$235M
2023	1	989	$295M
2024	1	1,068	$360M

Nearby 401(k) Plans in Illinois

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

First Trust Portfolios L.P. 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Accenture United States 401(k) Match Savings Plan $17.6B · 69,974
State Farm 401(k) Savings Plan $16.9B · 60,246
Abbott Laboratories Stock Retirement Plan $14.5B · 38,012
United Airlines Pilot Retirement Account Plan $14.4B · 14,959
Walgreens Retirement Savings Plan $13.4B · 235,331

Compare First Trust Portfolios L.P. 401(k) Plan side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to First Trust Portfolios L.P. 401(k) Plan by total assets, not by location.

Noble Services Company LLC 401(k) and Profit Sharing Plan (TX) $295M · 1,328
Fives Retirement Savings Plan (MI) $295M · 1,386
Renasant Bank 401(k) Plan (MS) $296M · 2,405
Security Retirement Plan (WI) $295M · 839

Frequently Asked Questions

How did First Trust Portfolios L.P. 401(k) Plan assets move in 2023? ▼

First Trust Portfolios L.P. 401(k) Plan grew sharply - up 25.7% during 2023, from $235M to $295M. Reported net income was $60M.

How have First Trust Portfolios L.P. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), First Trust Portfolios L.P.'s sponsor-wide assets grew 53.4%, from $235M to $360M.

Where does First Trust Portfolios L.P. 401(k) Plan rank by assets among Form 5500 filers? ▼

First Trust Portfolios L.P. 401(k) Plan ranks in the 96th 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 First Trust Portfolios L.P. 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by assets is Noble Services Company LLC 401(k) and Profit Sharing Plan in TX ($295M, 1,328 participants).

Next read for First Trust Portfolios L.P. 401(k) Plan

Scale reading

Ways to act on First Trust Portfolios L.P. 401(k) Plan's numbers.

By total assets, First Trust Portfolios L.P. 401(k) Plan ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Illinois. Compare plans
First Trust Portfolios L.P.'s sponsor-wide assets have grown 53.4% since 2022 across 3 plan years on file. More Finance & Insurance 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 363768815.