401(k) · DOL Form 5500 · 2023
Kyndryl, Inc. 401(k) Plan
Data updated 2026-08-11
- $580M
- Total assets
- 7,525
- Participants
- 98th
- Percentile by assets
- $77,037
- Avg per participant
Official DOL plan name: Kyndryl 401(k) Plan · Sponsored by Kyndryl, Inc. · New York · Professional & Technical Services
$580M in assets, 7,525 participants
Kyndryl, Inc.'s Kyndryl 401(k) Plan reported $580M in total assets and 7,525 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)
- #20,010 in Professional & Technical Services (20,321 peers)
Coverage in New York
Kyndryl 401(k) Plan covers 7,525 participants in New York, 9.4x the typical New York plan (state average ~798 per filing). Assets: $580M.
- $580M
- total plan assets (2023 EOY)
- 7,525
- covered participants
- 98th
- percentile by assets (of 127,072 plans)
- $77,037
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Kyndryl 401(k) Plan reported net income rose from $129M in the plan year 2022 filing to $221M in the plan year 2023 filing.
- Kyndryl 401(k) Plan end-of-year assets rose from $358M in the plan year 2022 filing to $580M in the plan year 2023 filing.
- Kyndryl 401(k) Plan reported participants rose from 7,184 in the plan year 2022 filing to 7,525 in the plan year 2023 filing.
Participants vs New York filers
In New York, the average filing covers about 798 participants across 9,061 plans. Kyndryl 401(k) Plan reports 7,525 participants - 9.4x that state average ($580M EOY assets).
New York filing particulars
| Total Assets (Beginning of Year) | $358M |
|---|---|
| Net Assets (End of Year) | $580M |
| Net Income | $221M |
| Employer EIN | 861182761 |
| Plan Effective Date | 2021-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Kyndryl, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 7,184 | $358M |
| 2023 | 1 | 7,525 | $580M |
| 2024 | 1 | 6,859 | $764M |
Nearby 401(k) Plans in New York
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Kyndryl 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants
- 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 Kyndryl 401(k) Plan
Kyndryl 401(k) Plan reports $580M in end-of-year assets across 7,525 participants (0.005% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.008% of 93,925,755 covered participants) - about $77,037 per participant (56% of the national average assets-per-participant) . Net income for plan year 2023 was $221M.
This plan identity (EIN 861182761, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $358M to $764M (+113.2%) while covered participants moved from 7,184 to 6,859 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 7,184 | $358M | Open filing |
| 2023 | 7,525 | $580M | This page |
| 2024 · index core | 6,859 | $764M | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Kyndryl 401(k) Plan (401(k), $764M, 6,859 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Kyndryl 401(k) Plan by total assets, not by location.
- Valley National Bank Savings and Investment Plan (NJ) $579M · 3,489
- Firstbank Holding Company Savings and ESOP (CO) $579M · 2,886
- FUTUREGUARD (MI) $581M · 4,495
- Itt Retirement Savings Plan (CT) $581M · 2,710
Frequently Asked Questions
How did Kyndryl 401(k) Plan assets move in 2023? ▼
How have Kyndryl, Inc. plan assets changed over time? ▼
Where does Kyndryl 401(k) Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Kyndryl 401(k) Plan? ▼
Next read for Kyndryl 401(k) Plan
Filing takeaways
Ways to act on Kyndryl 401(k) Plan's numbers.
- By total assets, Kyndryl 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 New York. Compare plans
- Kyndryl, Inc.'s sponsor-wide assets have grown 113.2% since 2022 across 3 plan years on file. More Professional & Technical Services plans