401(k) · DOL Form 5500 · 2023
New York Life Insurance Company 401(k) Plan
Data updated 2026-08-25
- $1.1B
- Total assets Very large vs avg
- 10,849
- Participants Very large workforce
- 99th
- Percentile by assets National rank
- $97,183
- Avg per participant Below avg balance/head
Official DOL plan name: New York Life Insurance Company Agents Progress- Sharing Investment Plan · Sponsored by New York Life Insurance Company · New York · Finance & Insurance
$1.1B in assets, 10,849 participants
New York Life Insurance Company's New York Life Insurance Company Agents Progress- Sharing Investment Plan reported $1.1B in total assets and 10,849 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.
- #8,654 in Finance & Insurance (8,869 peers)
Coverage in New York
New York Life Insurance Company Agents Progress- Sharing Investment Plan covers 10,849 participants in New York, 14x the typical New York plan (state average ~798 per filing). Assets: $1.1B.
- #8,654
- in Finance & Insurance (8,869 peers)
- +13.4%
- assets growth YoY
- 11×
- vs typical plan assets (national mean)
New York Life Insurance Company Agents Progress- Sharing Investment Plan's outsized position by total assets
New York Life Insurance Company Agents Progress- Sharing Investment Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$1,054,339,078 Top 1% higher than 99% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
New York Life Insurance Company Agents Progress- Sharing Investment 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. New York Life Insurance Company Agents Progress- Sharing Investment Plan is a mega filing (10,849 participants), the rightmost band on the breakdown.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- New York Life Insurance Company Agents Progress- Sharing Investment Plan reported net income rose from -$115M in the plan year 2022 filing to $117M in the plan year 2023 filing.
- New York Life Insurance Company Agents Progress- Sharing Investment Plan end-of-year assets rose from $930M in the plan year 2022 filing to $1.1B in the plan year 2023 filing.
- New York Life Insurance Company Agents Progress- Sharing Investment Plan reported participants fell from 11,937 in the plan year 2022 filing to 10,849 in the plan year 2023 filing.
Published 5500 schedule card
Filing strip 135582869 · New York Life Insurance Company PY 2023 · 401(k)
New York Life Insurance Company Agents Progress- Sharing Investment Plan · $1.1B · 10,849 · 99th
- EIN $1.1B
- RANK 10,849
- PHOTO 99th
- IND 401(k)
- EOY near King & Spalding LLP Profit Sharing - 401(k) Plan
- 5500 ind #8654
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 Finance & Insurance retirement plans → · Plans in New York →
New York Life Insurance Company Agents Progress- Sharing Investment Plan in the asset neighbourhood
New York filing particulars
| Total Assets (Beginning of Year) | $930M |
|---|---|
| Net Assets (End of Year) | $1.1B |
| Net Income | $117M |
| Employer EIN | 135582869 |
| Plan Effective Date | 1986-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (New York Life Insurance Company)
Sponsor-wide plan assets over time
All New York Life Insurance Company plans reported in each filing year
- Latest sponsor-wide plan assets
- $13.3B 63.179526029500806% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 36,622 | $8.1B |
| 2023 | 4 | 44,938 | $12.9B |
| 2024 | 4 | 45,855 | $13.3B |
Nearby 401(k) Plans in New York
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- IBM 401 (K) Plus Plan $57.4B · 54,912
- Pfizer Savings Plan $19.6B · 30,033
- Morgan Stanley 401(k) Plan $19.2B · 55,363
- The Pepsico Savings Plan $13.7B · 133,597
- The Goldman Sachs 401(k) Plan $11.4B · 24,866
Scale composition for New York Life Insurance Company Agents Progress- Sharing Investment Plan
New York Life Insurance Company Agents Progress- Sharing Investment Plan reports $1.1B in end-of-year assets across 10,849 participants (0.009% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.012% of 93,925,755 covered participants) - about $97,183 per participant (70% of the national average assets-per-participant) . Net income for plan year 2023 was $117M.
This plan identity (EIN 135582869, plan #006) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $930M to $1.2B (+25.6%) while covered participants moved from 11,937 to 11,238 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 11,937 | $930M | Open filing |
| 2023 | 10,849 | $1.1B | This page |
| 2024 · index core | 11,238 | $1.2B | Open filing |
The same sponsor also keeps 4 other index-core plans on PlainRetire:
- New York Life Insurance Company Employee Progress Sharing Investment Plan (401(k), $5.0B, 12,949 participants)
- New York Life Insurance Company Pension Plan (Defined Benefit (Pension), $4.0B, 9,376 participants)
- Nylic Retirement Plan (Defined Benefit (Pension), $3.1B, 12,292 participants)
- New York Life Insurance Company Agents Progress- Sharing Investment Plan (401(k), $1.2B, 11,238 participants)
New York Life Insurance Company Agents Progress- Sharing Investment Plan's out-of-state 401(k) peers by assets and headcount
Outside New York, the nearest 401(k) by assets is King & Spalding LLP Profit Sharing - 401(k) Plan in GA ($1.1B); by covered participants it is Lippert Components, Inc. Employee Retirement Savings Plan in IN (10,849 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($1.1B here).
- King & Spalding LLP Profit Sharing - 401(k) Plan (GA) $1.1B · 2,061
- Blue Cross and Blue Shield of Massachusetts, Inc. Employee Savings Plan (MA) $1.0B · 4,026
- William Blair 401(k) and Profit Sharing Plan (IL) $1.1B · 1,979
- Teco Energy Group Retirement Savings Plan (FL) $1.1B · 3,917
Similar participant headcount
Nearest other-state filings by covered participants (10,849 participants); asset peers above are excluded.
- Lippert Components, Inc. Employee Retirement Savings Plan (IN) 10,849 · 0 off
- Energy Transfer LP 401(k) Plan (TX) 10,863 · 14 off
- Nov Inc. 401(k) Plan (TX) 10,830 · 19 off
- Topgolf 401(k) Plan (TX) 10,873 · 24 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.