401(k) · DOL Form 5500 · 2023

Comerica Incorporated 401(k) Plan

Data updated 2026-08-06

$1.8B
Total assets
7,629
Participants
99th
Percentile by assets
$238,193
Avg per participant
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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.

  • 99th percentile by assets (of 126,618 plans)
  • #8,715 in Finance & Insurance (8,852 peers)

Coverage in Texas

Comerica Incorporated Preferred Savings Plan covers 7,629 participants in Texas, 11x the typical Texas plan (state average ~704 per filing). Assets: $1.8B.

$1.8B
total plan assets (2023 EOY)
7,629
covered participants
99th
percentile by assets (of 126,618 plans)
$238,193
avg assets per participant

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 2023→2024 release diff →

State

Participants vs Texas filers

In Texas, the average filing covers about 704 participants across 9,718 plans. Comerica Incorporated Preferred Savings Plan reports 7,629 participants - 11x that state average ($1.8B EOY assets).

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)

$4B$4.2B$4.4B$4.6B$4.8B 202220232024 $4.16B $4.71B ▲ +13.2%
Total plan assets by year, all Comerica Incorporated plans on file
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

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 Incorporate…AT&T Retirement Savi…Exxonmobil Savings P…Caterpillar 401(k) S…American Airlines, I…Dell 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 (0.016% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.008% of 89,805,449 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:

Similar-Sized 401(k) Plans Nationally

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

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 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 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).

Next read for Comerica Incorporated Preferred Savings …

Filing takeaways

Ways to act on Comerica Incorporated Preferred Savings Plan's numbers.