401(k) · DOL Form 5500 · 2023

Sedgwick Claims Management Services, Inc. 401(k) Plan

Data updated 2026-08-25

$1.7B
Total assets Very large vs avg
24,537
Participants Very large workforce
99th
Percentile by assets National rank
$70,431
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Sedgwick 401(k) Savings Plan · Sponsored by Sedgwick Claims Management Services, Inc. · Tennessee · Finance & Insurance

$1.7B in assets, 24,537 participants

Sedgwick Claims Management Services, Inc.'s Sedgwick 401(k) Savings Plan reported $1.7B in total assets and 24,537 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.

  • #8,725 in Finance & Insurance (8,869 peers)

Coverage in Tennessee

Sedgwick 401(k) Savings Plan covers 24,537 participants in Tennessee, 22x the typical Tennessee plan (state average ~1,126 per filing). Assets: $1.7B.

#8,725
in Finance & Insurance (8,869 peers)
+17.8%
assets growth YoY
17×
vs typical plan assets (national mean)

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

Sedgwick 401(k) Savings Plan vs every filed plan by assets

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

$1,728,156,648 Top 1% higher than 99% 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

Sedgwick 401(k) Savings 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. Sedgwick 401(k) Savings Plan is a mega filing (24,537 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Sedgwick 401(k) Savings Plan reported net income rose from -$237M in the plan year 2022 filing to $261M in the plan year 2023 filing.
  • Sedgwick 401(k) Savings Plan end-of-year assets rose from $1.5B in the plan year 2022 filing to $1.7B in the plan year 2023 filing.
  • Sedgwick 401(k) Savings Plan reported participants rose from 23,471 in the plan year 2022 filing to 24,537 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 362685608 · Sedgwick Claims Management Services, Inc. PY 2023 · 401(k)

Sedgwick 401(k) Savings Plan · $1.7B · 24,537 · 99th

  • NET $1.7B
  • BOOK 24,537
  • VS-ST 99th
  • BOY 401(k)
  • SCH near Aldi Inc. Retirement Savings Plan
  • EBSA ind #8725

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 Tennessee →

Sedgwick 401(k) Savings Plan in the asset neighbourhood

Chevron Phillips Chemical Company LP 401(k) Savings and Profit Sharing PlanChevron Phillips Chemical Co…$1.7BSedgwick 401(k) Savings Plan$1.7BAldi Inc. Retirement Savings PlanAldi Inc. Retirement Savings…$1.7BNisource Inc Retirement Savings PlanNisource Inc Retirement Savi…$1.7BWesco Distribution, Inc. Retirement Savings PlanWesco Distribution, Inc. Ret…$1.7B
End-of-year total assets ($B) among Sedgwick 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Tennessee filing particulars

Total Assets (Beginning of Year)$1.5B
Net Assets (End of Year)$1.7B
Net Income$261M
Employer EIN362685608
Plan Effective Date1999-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sedgwick Claims Management Services, Inc.)

Sponsor-wide plan assets over time

All Sedgwick Claims Management Services, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$2.0B 29.675859145898396% vs 2022
2024 filing year
$1.4B$1.6B$1.8B$2B$2.2B 202220232024 $1.53B $1.98B ▲ +29.4%
Year Plans Participants Total Assets
2022 2 24,553 $1.5B
2023 2 25,530 $1.8B
2024 2 26,722 $2.0B

Nearby 401(k) Plans in Tennessee

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

Sedgwick 401(k) Savings Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 0510152025 Total assets ($B) Participants Sedgwick 401(k) Savings Plan, Total assets ($B): 1.728156648 · Participants: 24537Sedgwick 401(k) Savings PlanFedex Corporation Retirement Savings Plan, Total assets ($B): 23.88081991 · Participants: 127010Fedex Corporation Retirement Savings PlanHca 401(k) Plan, Total assets ($B): 21.53517366 · Participants: 291649Hca 401(k) PlanFederal Express Corporation Pilots Retirement Savings Plan, Total assets ($B): 4.743557391 · Participants: 5728Federal Express Corporation Pilots Retirement Savings PlanInternational Paper Company Salaried Savings Plan, Total assets ($B): 4.621886139 · Participants: 12153International Paper Company Salaried Savings PlanChs/Community Health Systems, Inc. Retirement Savings Plan, Total assets ($B): 4.517708174 · Participants: 62487Chs/Community Health Systems, Inc. Retirement Savings Plan
Sedgwick 401(k) Savings Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants
Compare Sedgwick 401(k) Savings Plan side-by-side with 3 peers →

Scale composition for Sedgwick 401(k) Savings Plan

Sedgwick 401(k) Savings Plan reports $1.7B in end-of-year assets across 24,537 participants (0.014% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.026% of 93,925,755 covered participants) - about $70,431 per participant (51% of the national average assets-per-participant) . Net income for plan year 2023 was $261M.

This plan identity (EIN 362685608, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.5B to $1.9B (+30.5%) while covered participants moved from 23,471 to 25,842 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 23,471 $1.5B Open filing
2023 24,537 $1.7B This page
2024 · index core 25,842 $1.9B Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

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

Outside Tennessee, the nearest 401(k) by assets is Aldi Inc. Retirement Savings Plan in IL ($1.7B); by covered participants it is Lumen 401(k) Savings Plan in LA (24,522 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (24,537 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 Sedgwick 401(k) Savings Plan assets move in 2023? ▼
Sedgwick 401(k) Savings Plan grew sharply - up 17.8% during 2023, from $1.5B to $1.7B. Reported net income was $261M.
How have Sedgwick Claims Management Services, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Sedgwick Claims Management Services, Inc.'s sponsor-wide assets grew 29.7%, from $1.5B to $2.0B.
Where does Sedgwick 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
Sedgwick 401(k) 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 Sedgwick 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Aldi Inc. Retirement Savings Plan in IL ($1.7B, 48,209 participants).
Which 401(k) plans cover a similar participant headcount to Sedgwick 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Lumen 401(k) Savings Plan in LA (24,522 participants, $7.1B 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 362685608.

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.