401(k) · DOL Form 5500 · 2023

Vertiv Group Corporation 401(k) Plan

Data updated 2026-08-11

$950M
Total assets
3,916
Participants
99th
Percentile by assets
$242,609
Avg per participant
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Official DOL plan name: Vertiv Group Corporation Employee Retirement Savings Plan · Sponsored by Vertiv Group Corporation · Ohio · Manufacturing

$950M in assets, 3,916 participants

Vertiv Group Corporation's Vertiv Group Corporation Employee Retirement Savings Plan reported $950M in total assets and 3,916 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)
  • #18,240 in Manufacturing (18,722 peers)

Coverage in Ohio

Vertiv Group Corporation Employee Retirement Savings Plan covers 3,916 participants in Ohio, 5.1x the typical Ohio plan (state average ~765 per filing). Assets: $950M.

$950M
total plan assets (2023 EOY)
3,916
covered participants
99th
percentile by assets (of 127,072 plans)
$242,609
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Vertiv Group Corporation Employee Retirement Savings Plan reported net income rose from -$211M in the plan year 2022 filing to $169M in the plan year 2023 filing.
  • Vertiv Group Corporation Employee Retirement Savings Plan end-of-year assets rose from $775M in the plan year 2022 filing to $950M in the plan year 2023 filing.
  • Vertiv Group Corporation Employee Retirement Savings Plan reported participants rose from 3,463 in the plan year 2022 filing to 3,916 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs Ohio filers

In Ohio, the average filing covers about 765 participants across 5,089 plans. Vertiv Group Corporation Employee Retirement Savings Plan reports 3,916 participants - 5.1x that state average ($950M EOY assets).

Ohio filing particulars

Total Assets (Beginning of Year)$775M
Net Assets (End of Year)$950M
Net Income$169M
Employer EIN813496944
Plan Effective Date2005-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Vertiv Group Corporation)

$0.6B$0.8B$1B$1.2B 202220232024 $0.78B $1.13B ▲ +44.9%
Total plan assets by year, all Vertiv Group Corporation plans on file
Year Plans Participants Total Assets
2022 1 3,463 $775M
2023 1 3,916 $950M
2024 1 3,650 $1.1B

Nearby 401(k) Plans in Ohio

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

Vertiv Group Corporation Employee Retirement Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants

Vertiv Group Corporation Employee Retirement Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 0510152025 Total assets ($B) Participants Vertiv Group Corpora…GE Retirement Saving…The Sherwin-Williams…The Progressive 401(…The Kroger Co. 401(k…Nationwide Savings P…
Vertiv Group Corporation Employee Retirement Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Vertiv Group Corporation Employee Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Vertiv Group Corporation Employee Retirement Savings Plan assets move in 2023?
Vertiv Group Corporation Employee Retirement Savings Plan grew sharply - up 22.5% during 2023, from $775M to $950M. Reported net income was $169M.
How have Vertiv Group Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Vertiv Group Corporation's sponsor-wide assets grew 46.0%, from $775M to $1.1B.
Where does Vertiv Group Corporation Employee Retirement Savings Plan rank by assets among Form 5500 filers?
Vertiv Group Corporation Employee Retirement 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 Vertiv Group Corporation Employee Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Save Mart Companies Retirement Savings Plan in CA ($950M, 13,313 participants).

Next read for Vertiv Group Corporation Employee Retire…

Filing takeaways

Ways to act on Vertiv Group Corporation Employee Retirement Savings Plan's numbers.

  • By total assets, Vertiv Group Corporation Employee Retirement 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
  • Vertiv Group Corporation's sponsor-wide assets have grown 46.0% since 2022 across 3 plan years on file. More Manufacturing plans