401(k) · DOL Form 5500 · 2023

Kyndryl, Inc. 401(k) Plan

Data updated 2026-08-25

$580M
Total assets Above avg plan size
7,525
Participants Very large workforce
98th
Percentile by assets National rank
$77,037
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

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.

  • #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.

#20,010
in Professional & Technical Services (20,321 peers)
+61.7%
assets growth YoY
5.8×
vs typical plan assets (national mean)

Kyndryl 401(k) Plan's outsized position by total assets

Kyndryl 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$579,701,819 Top 2% higher than 98% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Kyndryl 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Kyndryl 401(k) Plan lands in the large band (7,525 participants).

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.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 861182761 · Kyndryl, Inc. PY 2023 · 401(k)

Kyndryl 401(k) Plan · $580M · 7,525 · 98th

  • EIN $580M
  • EIN 7,525
  • EIN 98th
  • EIN 401(k)
  • EIN near Valley National Bank Savings and Investment Plan
  • EIN ind #20010

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 Professional & Technical Services retirement plans → · Plans in New York →

Kyndryl 401(k) Plan in the asset neighbourhood

Itt Retirement Savings Plan$581MFUTUREGUARD$581MKyndryl 401(k) Plan$580MValley National Bank Savings and Investment PlanValley National Bank Savings…$579MFirstbank Holding Company Savings and ESOPFirstbank Holding Company Sa…$579M
End-of-year total assets ($M) among Kyndryl 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

New York filing particulars

Total Assets (Beginning of Year)$358M
Net Assets (End of Year)$580M
Net Income$221M
Employer EIN861182761
Plan Effective Date2021-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Kyndryl, Inc.)

Sponsor-wide plan assets over time

All Kyndryl, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$764M 113.24753393072567% vs 2022
2024 filing year
$200M$400M$600M$800M$1,000M 202220232024 $358M $764M ▲ +113.2%
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 Scatter plot of 6 data points. 050000100000150000 -20020406080 Total assets ($B) Participants Kyndryl 401(k) Plan, Total assets ($B): 0.579701819 · Participants: 7525Kyndryl 401(k) PlanIBM 401 (K) Plus Plan, Total assets ($B): 57.428456306 · Participants: 54912IBM 401 (K) Plus PlanPfizer Savings Plan, Total assets ($B): 19.56134085 · Participants: 30033Pfizer Savings PlanMorgan Stanley 401(k) Plan, Total assets ($B): 19.235068266 · Participants: 55363Morgan Stanley 401(k) PlanThe Pepsico Savings Plan, Total assets ($B): 13.651296 · Participants: 133597The Pepsico Savings PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 11.428659742 · Participants: 24866The Goldman Sachs 401(k) Plan
Kyndryl 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants
Compare Kyndryl 401(k) Plan side-by-side with 3 peers →

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's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Valley National Bank Savings and Investment Plan in NJ ($579M); by covered participants it is Nisource Inc Retirement Savings Plan in IN (7,525 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($580M here).

Similar participant headcount

Nearest other-state filings by covered participants (7,525 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Kyndryl 401(k) Plan assets move in 2023? ▼
Kyndryl 401(k) Plan surged - up 61.7% during 2023, from $358M to $580M. Reported net income was $221M.
How have Kyndryl, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Kyndryl, Inc.'s sponsor-wide assets grew 113.2%, from $358M to $764M.
Where does Kyndryl 401(k) Plan rank by assets among Form 5500 filers? ▼
Kyndryl 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 Kyndryl 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Valley National Bank Savings and Investment Plan in NJ ($579M, 3,489 participants).
Which 401(k) plans cover a similar participant headcount to Kyndryl 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Nisource Inc Retirement Savings Plan in IN (7,525 participants, $1.7B in assets).

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 861182761.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.