401(k) · DOL Form 5500 · 2023

Rite Aid Corporation 401(k) Plan

Data updated 2026-08-25

$3.3B
Total assets Very large vs avg
30,314
Participants Very large workforce
100th
Percentile by assets National rank
$108,258
Avg per participant Below avg balance/head
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Official DOL plan name: The Rite Aid 401(k) Plan · Sponsored by Rite Aid Corporation · Pennsylvania · Retail Trade

$3.3B in assets, 30,314 participants

Rite Aid Corporation's The Rite Aid 401(k) Plan reported $3.3B in total assets and 30,314 participants in its 2023 DOL Form 5500 filing, ranking in the 100th 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.

  • #8,391 in Retail Trade (8,414 peers)

Coverage in Pennsylvania

The Rite Aid 401(k) Plan covers 30,314 participants in Pennsylvania, 37x the typical Pennsylvania plan (state average ~822 per filing). Assets: $3.3B.

#8,391
in Retail Trade (8,414 peers)
+11.6%
assets growth YoY
33×
vs typical plan assets (national mean)

The Rite Aid 401(k) Plan's outsized position by total assets

The Rite Aid 401(k) Plan vs every filed plan by assets

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

$3,281,733,768 Highest reported value at or above every one 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 Rite Aid 401(k) Plan's mega-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 Rite Aid 401(k) Plan is a mega filing (30,314 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Rite Aid 401(k) Plan reported net income rose from -$777M in the plan year 2022 filing to $342M in the plan year 2023 filing.
  • The Rite Aid 401(k) Plan end-of-year assets rose from $2.9B in the plan year 2022 filing to $3.3B in the plan year 2023 filing.
  • The Rite Aid 401(k) Plan reported participants fell from 30,875 in the plan year 2022 filing to 30,314 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 231614034 · Rite Aid Corporation PY 2023 · 401(k)

The Rite Aid 401(k) Plan · $3.3B · 30,314 · 100th

  • SCH $3.3B
  • SCH 30,314
  • SCH 100th
  • SCH 401(k)
  • SCH near Jones Lang Lasalle Savings and Retirement Plan
  • SCH ind #8391

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 Retail Trade retirement plans → · Plans in Pennsylvania →

The Rite Aid 401(k) Plan in the asset neighbourhood

Mastercard Savings Plan$3.3BThe Rite Aid 401(k) Plan$3.3BJones Lang Lasalle Savings and Retirement PlanJones Lang Lasalle Savings a…$3.3BOccidental Petroleum Corporation Savings PlanOccidental Petroleum Corpora…$3.3BFluor Corporation Employees Savings Investment PlanFluor Corporation Employees …$3.3B
End-of-year total assets ($B) among The Rite Aid 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$2.9B
Net Assets (End of Year)$3.3B
Net Income$342M
Employer EIN231614034
Plan Effective Date1985-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Rite Aid Corporation)

Sponsor-wide plan assets over time

All Rite Aid Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$3.4B 8.779532441856947% vs 2022
2024 filing year
$3B$3.2B$3.4B$3.6B 202220232024 $3.12B $3.39B ▲ +8.7%
Year Plans Participants Total Assets
2022 3 41,365 $3.1B
2023 3 39,921 $3.5B
2024 3 37,206 $3.4B

Nearby 401(k) Plans in Pennsylvania

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

The Rite Aid 401(k) Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. 020000400006000080000100000 05101520 Total assets ($B) Participants The Rite Aid 401(k) Plan, Total assets ($B): 3.281733768 · Participants: 30314The Rite Aid 401(k) PlanComcast Corporation Retirement - Investment Plan, Total assets ($B): 17.368669862 · Participants: 93136Comcast Corporation Retirement - Investment PlanCigna 401(k) Plan, Total assets ($B): 13.003870935 · Participants: 66760Cigna 401(k) PlanThe Vanguard Retirement and Savings Plan, Total assets ($B): 9.765617477 · Participants: 18200The Vanguard Retirement and Savings PlanThe PNC Financial Services Group, Inc. Incentive Savings Plan, Total assets ($B): 9.339762 · Participants: 61697The PNC Financial Services Group, Inc. Incentive Savings PlanThe Bank of New York Mellon Corporation 401(k) Savings Plan, Total assets ($B): 8.955655142 · Participants: 25184The Bank of New York Mellon Corporation 401(k) Savings Plan
The Rite Aid 401(k) Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants
Compare The Rite Aid 401(k) Plan side-by-side with 3 peers →

Scale composition for The Rite Aid 401(k) Plan

The Rite Aid 401(k) Plan reports $3.3B in end-of-year assets across 30,314 participants (0.027% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.032% of 93,925,755 covered participants) - about $108,258 per participant (78% of the national average assets-per-participant) . Net income for plan year 2023 was $342M.

This plan identity (EIN 231614034, plan #025) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $2.9B to $3.2B (+9.1%) while covered participants moved from 30,875 to 28,313 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 30,875 $2.9B Open filing
2023 30,314 $3.3B This page
2024 · index core 28,313 $3.2B Open filing

The same sponsor also keeps 3 other index-core plans on PlainRetire:

The Rite Aid 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Pennsylvania, the nearest 401(k) by assets is Jones Lang Lasalle Savings and Retirement Plan in IL ($3.3B); by covered participants it is Savings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby Group in OK (30,313 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($3.3B here).

Similar participant headcount

Nearest other-state filings by covered participants (30,314 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 Rite Aid 401(k) Plan assets move in 2023? ▼
The Rite Aid 401(k) Plan grew at a solid clip - up 11.6% during 2023, from $2.9B to $3.3B. Reported net income was $342M.
How have Rite Aid Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Rite Aid Corporation's sponsor-wide assets grew 8.8%, from $3.1B to $3.4B.
Where does The Rite Aid 401(k) Plan rank by assets among Form 5500 filers? ▼
The Rite Aid 401(k) Plan ranks in the 100th 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 Rite Aid 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Jones Lang Lasalle Savings and Retirement Plan in IL ($3.3B, 33,607 participants).
Which 401(k) plans cover a similar participant headcount to The Rite Aid 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Savings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby Group in OK (30,313 participants, $487M 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 231614034.

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.