401(k) · DOL Form 5500 · 2023
The J.M. Smucker Company 401(k) Plan
Data updated 2026-08-11
- $1.3B
- Total assets
- 6,655
- Participants
- 99th
- Percentile by assets
- $191,384
- Avg per participant
Official DOL plan name: The J.M. Smucker Company Employee Savings Plan · Sponsored by The J.M. Smucker Company · Ohio · Manufacturing
$1.3B in assets, 6,655 participants
The J.M. Smucker Company's The J.M. Smucker Company Employee Savings Plan reported $1.3B in total assets and 6,655 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)
- #18,351 in Manufacturing (18,722 peers)
Coverage in Ohio
The J.M. Smucker Company Employee Savings Plan covers 6,655 participants in Ohio, 8.7x the typical Ohio plan (state average ~765 per filing). Assets: $1.3B.
- $1.3B
- total plan assets (2023 EOY)
- 6,655
- covered participants
- 99th
- percentile by assets (of 127,072 plans)
- $191,384
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- The J.M. Smucker Company Employee Savings Plan reported net income rose from -$271M in the plan year 2022 filing to $60M in the plan year 2023 filing.
- The J.M. Smucker Company Employee Savings Plan end-of-year assets rose from $1.2B in the plan year 2022 filing to $1.3B in the plan year 2023 filing.
- The J.M. Smucker Company Employee Savings Plan reported participants rose from 6,402 in the plan year 2022 filing to 6,655 in the plan year 2023 filing.
Participants vs Ohio filers
In Ohio, the average filing covers about 765 participants across 5,089 plans. The J.M. Smucker Company Employee Savings Plan reports 6,655 participants - 8.7x that state average ($1.3B EOY assets).
Ohio filing particulars
| Total Assets (Beginning of Year) | $1.2B |
|---|---|
| Net Assets (End of Year) | $1.3B |
| Net Income | $60M |
| Employer EIN | 340538550 |
| Plan Effective Date | 1985-05-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (The J.M. Smucker Company)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 5 | 7,215 | $1.5B |
| 2023 | 4 | 7,324 | $1.6B |
| 2024 | 4 | 6,689 | $1.8B |
Nearby 401(k) Plans in Ohio
Peer 401(k) plans, same state, same plan type, ranked by total assets.
The J.M. Smucker Company Employee Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
- GE Retirement Savings Plan $19.5B · 59,766
- The Sherwin-Williams Company 401(k) Plan $10.1B · 47,362
- The Progressive 401(k) Plan $9.2B · 56,176
- The Kroger Co. 401(k) Retirement Savings Account Plan $8.4B · 129,769
- Nationwide Savings Plan $7.6B · 24,715
Scale composition for The J.M. Smucker Company Employee Savings Plan
The J.M. Smucker Company Employee Savings Plan reports $1.3B in end-of-year assets across 6,655 participants (0.010% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.007% of 93,925,755 covered participants) - about $191,384 per participant (1.4x the national average assets-per-participant) . Net income for plan year 2023 was $60M.
This plan identity (EIN 340538550, plan #011) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.2B to $1.5B (+21.4%) while covered participants moved from 6,402 to 6,105 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 6,402 | $1.2B | Open filing |
| 2023 | 6,655 | $1.3B | This page |
| 2024 · index core | 6,105 | $1.5B | Open filing |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- The J.M. Smucker Company Employee Savings Plan (401(k), $1.5B, 6,105 participants)
- Big Heart Pet Brands Retirement Plan (Defined Benefit (Pension), $122M, 119 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to The J.M. Smucker Company Employee Savings Plan by total assets, not by location.
- Transunion 401(k) & Savings Plan (IL) $1.3B · 5,349
- Morrison & Foerster LLP Retirement Plan Part I (CA) $1.3B · 1,904
- Uss 401(k) Plan for Usw-Represented Employees (PA) $1.3B · 12,046
- Fedex Office and Print Services, Inc. 401(k) Retirement Savings Plan (TX) $1.3B · 13,831
Frequently Asked Questions
How did The J.M. Smucker Company Employee Savings Plan assets move in 2023? ▼
How have The J.M. Smucker Company plan assets changed over time? ▼
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Next read for The J.M. Smucker Company Employee Saving…
Filing takeaways
Ways to act on The J.M. Smucker Company Employee Savings Plan's numbers.
- By total assets, The J.M. Smucker Company Employee 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
- The J.M. Smucker Company's sponsor-wide assets have grown 14.7% since 2022 across 3 plan years on file. More Manufacturing plans