401(k) · DOL Form 5500 · 2023

The J.M. Smucker Company 401(k) Plan

Data updated 2026-08-25

$1.3B
Total assets Very large vs avg
6,655
Participants Above avg headcount
99th
Percentile by assets National rank
$191,384
Avg per participant Above avg balance/head
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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.

  • #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.

#18,351
in Manufacturing (18,722 peers)
+5.0%
assets growth YoY
13×
vs typical plan assets (national mean)

The J.M. Smucker Company Employee Savings Plan's outsized position by total assets

The J.M. Smucker Company Employee Savings Plan vs every filed plan by assets

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

$1,273,661,081 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

The J.M. Smucker Company Employee Savings 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. The J.M. Smucker Company Employee Savings Plan lands in the large band (6,655 participants).

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.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 340538550 · The J.M. Smucker Company PY 2023 · 401(k)

The J.M. Smucker Company Employee Savings Plan · $1.3B · 6,655 · 99th

  • NET $1.3B
  • BOOK 6,655
  • VS-ST 99th
  • BOY 401(k)
  • SCH near Transunion 401(k) & Savings Plan
  • EBSA ind #18351

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 Manufacturing retirement plans → · Plans in Ohio →

The J.M. Smucker Company Employee Savings Plan in the asset neighbourhood

Uss 401(k) Plan for Usw-Represented EmployeesUss 401(k) Plan for Usw-Repr…$1.3BThe J.M. Smucker Company Employee Savings PlanThe J.M. Smucker Company Emp…$1.3BTransunion 401(k) & Savings PlanTransunion 401(k) & Savings …$1.3BMorrison & Foerster LLP Retirement Plan Part IMorrison & Foerster LLP Reti…$1.3BFedex Office and Print Services, Inc. 401(k) Retirement Savings PlanFedex Office and Print Servi…$1.3B
End-of-year total assets ($B) among The J.M. Smucker Company Employee Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Ohio filing particulars

Total Assets (Beginning of Year)$1.2B
Net Assets (End of Year)$1.3B
Net Income$60M
Employer EIN340538550
Plan Effective Date1985-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The J.M. Smucker Company)

Sponsor-wide plan assets over time

All The J.M. Smucker Company plans reported in each filing year

Latest sponsor-wide plan assets
$1.8B 14.727470065418464% vs 2022
2024 filing year
$1.5B$1.6B$1.7B$1.8B 202220232024 $1.53B $1.76B ▲ +15.0%
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 Scatter plot of 6 data points. 050000100000150000 0510152025 Total assets ($B) Participants The J.M. Smucker Company Employee Savings Plan, Total assets ($B): 1.273661081 · Participants: 6655The J.M. Smucker Company Employee Savings PlanGE Retirement Savings Plan, Total assets ($B): 19.485469047 · Participants: 59766GE Retirement Savings PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.12932701 · Participants: 47362The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 9.225573063 · Participants: 56176The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 8.445085 · Participants: 129769The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 7.618883027 · Participants: 24715Nationwide Savings Plan
The J.M. Smucker Company Employee Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare The J.M. Smucker Company Employee Savings Plan side-by-side with 3 peers →

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

Outside Ohio, the nearest 401(k) by assets is Transunion 401(k) & Savings Plan in IL ($1.3B); by covered participants it is Champion Home Builders, Inc. 401(k) Savings Plan in MI (6,653 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (6,655 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 The J.M. Smucker Company Employee Savings Plan assets move in 2023? ▼
The J.M. Smucker Company Employee Savings Plan edged up modestly - up 5.0% during 2023, from $1.2B to $1.3B. Reported net income was $60M.
How have The J.M. Smucker Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The J.M. Smucker Company's sponsor-wide assets grew 14.7%, from $1.5B to $1.8B.
Where does The J.M. Smucker Company Employee Savings Plan rank by assets among Form 5500 filers? ▼
The J.M. Smucker Company Employee 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 The J.M. Smucker Company Employee Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Transunion 401(k) & Savings Plan in IL ($1.3B, 5,349 participants).
Which 401(k) plans cover a similar participant headcount to The J.M. Smucker Company Employee Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Champion Home Builders, Inc. 401(k) Savings Plan in MI (6,653 participants, $134M 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 340538550.

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.