401(k) · DOL Form 5500 · 2023

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

Data updated 2026-08-06

$1.7B
Total assets
24,537
Participants
99th
Percentile by assets
$70,431
Avg per participant
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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.

  • 99th percentile by assets (of 126,618 plans)
  • #8,708 in Finance & Insurance (8,852 peers)

Coverage in Tennessee

Sedgwick 401(k) Savings Plan covers 24,537 participants in Tennessee, 22x the typical Tennessee plan (state average ~1,122 per filing). Assets: $1.7B.

$1.7B
total plan assets (2023 EOY)
24,537
covered participants
99th
percentile by assets (of 126,618 plans)
$70,431
avg assets per participant

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 2023→2024 release diff →

State
Tennessee
Industry
Finance & Insurance

Participants vs Tennessee filers

In Tennessee, the average filing covers about 1,122 participants across 2,228 plans. Sedgwick 401(k) Savings Plan reports 24,537 participants - 22x that state average ($1.7B EOY assets).

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.)

$1.4B$1.6B$1.8B$2B$2.2B 202220232024 $1.53B $1.98B ▲ +29.4%
Total plan assets by year, all Sedgwick Claims Management Services, Inc. plans on file
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

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) Savi…Fedex Corporation Re…Hca 401(k) PlanFederal Express Corp…International Paper …Chs/Community Health…
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 (0.015% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.027% of 89,805,449 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:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Sedgwick 401(k) Savings Plan by total assets, not by location.

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 126,618 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).

Next read for Sedgwick 401(k) Savings Plan

Filing takeaways

Ways to act on Sedgwick 401(k) Savings Plan's numbers.

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.