401(k) · DOL Form 5500 · 2023

Comerica Incorporated 401(k) Plan

Data updated 2026-08-25

$1.8B
Total assets Very large vs avg
7,629
Participants Very large workforce
99th
Percentile by assets National rank
$238,193
Avg per participant Above avg balance/head
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Official DOL plan name: Comerica Incorporated Preferred Savings Plan · Sponsored by Comerica Incorporated · Texas · Finance & Insurance

$1.8B in assets, 7,629 participants

Comerica Incorporated's Comerica Incorporated Preferred Savings Plan reported $1.8B in total assets and 7,629 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.

  • #8,732 in Finance & Insurance (8,869 peers)

Coverage in Texas

Comerica Incorporated Preferred Savings Plan covers 7,629 participants in Texas, 11x the typical Texas plan (state average ~688 per filing). Assets: $1.8B.

#8,732
in Finance & Insurance (8,869 peers)
+11.3%
assets growth YoY
18×
vs typical plan assets (national mean)

Comerica Incorporated Preferred Savings Plan's outsized position by total assets

Comerica Incorporated Preferred Savings Plan vs every filed plan by assets

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

$1,817,172,554 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

Comerica Incorporated Preferred 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. Comerica Incorporated Preferred Savings Plan lands in the large band (7,629 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Comerica Incorporated Preferred Savings Plan reported net income rose from -$398M in the plan year 2022 filing to $184M in the plan year 2023 filing.
  • Comerica Incorporated Preferred Savings Plan end-of-year assets rose from $1.6B in the plan year 2022 filing to $1.8B in the plan year 2023 filing.
  • Comerica Incorporated Preferred Savings Plan reported participants rose from 7,611 in the plan year 2022 filing to 7,629 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 381998421 · Comerica Incorporated PY 2023 · 401(k)

Comerica Incorporated Preferred Savings Plan · $1.8B · 7,629 · 99th

  • NET $1.8B
  • BOOK 7,629
  • VS-ST 99th
  • BOY 401(k)
  • SCH near L'oreal USA, Inc. Employee Retirement Savings Plan
  • EBSA ind #8732

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 Texas →

Comerica Incorporated Preferred Savings Plan in the asset neighbourhood

Comerica Incorporated Preferred Savings PlanComerica Incorporated Prefer…$1.8BL'oreal USA, Inc. Employee Retirement Savings PlanL'oreal USA, Inc. Employee R…$1.8BWec Energy Group Employee Retirement Savings PlanWec Energy Group Employee Re…$1.8B401(k) Profit Sharing Plan for Employees of Medamerica, Inc.401(k) Profit Sharing Plan f…$1.8BXpo Logistics Retirement Savings PlanXpo Logistics Retirement Sav…$1.8B
End-of-year total assets ($B) among Comerica Incorporated Preferred Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Texas filing particulars

Total Assets (Beginning of Year)$1.6B
Net Assets (End of Year)$1.8B
Net Income$184M
Employer EIN381998421
Plan Effective Date1983-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Comerica Incorporated)

Sponsor-wide plan assets over time

All Comerica Incorporated plans reported in each filing year

Latest sponsor-wide plan assets
$4.7B 13.348979014149723% vs 2022
2024 filing year
$4B$4.2B$4.4B$4.6B$4.8B 202220232024 $4.16B $4.71B ▲ +13.2%
Year Plans Participants Total Assets
2022 2 14,311 $4.2B
2023 2 14,000 $4.5B
2024 2 14,501 $4.7B

Nearby 401(k) Plans in Texas

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

Comerica Incorporated Preferred Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. 050000100000150000 -1001020304050 Total assets ($B) Participants Comerica Incorporated Preferred Savings Plan, Total assets ($B): 1.817172554 · Participants: 7629Comerica Incorporated Preferred Savings PlanAT&T Retirement Savings Plan, Total assets ($B): 40.012012 · Participants: 119854AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 21.917 · Participants: 23477Exxonmobil Savings PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 16.496476432 · Participants: 41679Caterpillar 401(k) Savings PlanAmerican Airlines, Inc. 401(k) Plan, Total assets ($B): 14.680189879 · Participants: 88792American Airlines, Inc. 401(k) PlanDell Inc. 401(k) Plan, Total assets ($B): 13.529835 · Participants: 45686Dell Inc. 401(k) Plan
Comerica Incorporated Preferred Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants

Scale composition for Comerica Incorporated Preferred Savings Plan

Comerica Incorporated Preferred Savings Plan reports $1.8B in end-of-year assets across 7,629 participants (0.015% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.008% of 93,925,755 covered participants) - about $238,193 per participant (1.7x the national average assets-per-participant) . Net income for plan year 2023 was $184M.

This plan identity (EIN 381998421, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.6B to $2.0B (+20.8%) while covered participants moved from 7,611 to 7,789 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 7,611 $1.6B Open filing
2023 7,629 $1.8B This page
2024 · index core 7,789 $2.0B Open filing

The same sponsor also keeps 2 other index-core plans on PlainRetire:

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

Outside Texas, the nearest 401(k) by assets is L'oreal USA, Inc. Employee Retirement Savings Plan in NJ ($1.8B); by covered participants it is Stakeholder Payroll Services, LLC. 401(k) Plan in KY (7,627 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (7,629 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 Comerica Incorporated Preferred Savings Plan assets move in 2023? ▼
Comerica Incorporated Preferred Savings Plan grew at a solid clip - up 11.3% during 2023, from $1.6B to $1.8B. Reported net income was $184M.
How have Comerica Incorporated plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Comerica Incorporated's sponsor-wide assets grew 13.3%, from $4.2B to $4.7B.
Where does Comerica Incorporated Preferred Savings Plan rank by assets among Form 5500 filers? ▼
Comerica Incorporated Preferred 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 Comerica Incorporated Preferred Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is L'oreal USA, Inc. Employee Retirement Savings Plan in NJ ($1.8B, 8,508 participants).
Which 401(k) plans cover a similar participant headcount to Comerica Incorporated Preferred Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Stakeholder Payroll Services, LLC. 401(k) Plan in KY (7,627 participants, $114M in assets).