401(k) · DOL Form 5500 · 2023
Fmr LLC 401(k) Plan
Data updated 2026-08-06
- $28.6B
- Total assets
- 62,289
- Participants
- 100th
- Percentile by assets
- $459,950
- Avg per participant
Official DOL plan name: Fidelity Retirement Savings Plan · Sponsored by Fmr LLC · Massachusetts · Finance & Insurance
$28.6B in assets, 62,289 participants
Fmr LLC's Fidelity Retirement Savings Plan reported $28.6B in total assets and 62,289 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.
- 100th percentile by assets (of 126,618 plans)
- #8,850 in Finance & Insurance (8,852 peers)
Coverage in Massachusetts
Fidelity Retirement Savings Plan covers 62,289 participants in Massachusetts, 97x the typical Massachusetts plan (state average ~641 per filing). Assets: $28.6B.
- $28.6B
- total plan assets (2023 EOY)
- 62,289
- covered participants
- 100th
- percentile by assets (of 126,618 plans)
- $459,950
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Fidelity Retirement Savings Plan reported net income rose from -$4.8B in the plan year 2022 filing to $5.7B in the plan year 2023 filing.
- Fidelity Retirement Savings Plan end-of-year assets rose from $23.0B in the plan year 2022 filing to $28.6B in the plan year 2023 filing.
- Fidelity Retirement Savings Plan reported participants rose from 52,036 in the plan year 2022 filing to 62,289 in the plan year 2023 filing.
Participants vs Massachusetts filers
In Massachusetts, the average filing covers about 641 participants across 3,941 plans. Fidelity Retirement Savings Plan reports 62,289 participants - 97x that state average ($28.6B EOY assets).
Massachusetts filing particulars
| Total Assets (Beginning of Year) | $23.0B |
|---|---|
| Net Assets (End of Year) | $28.6B |
| Net Income | $5.7B |
| Employer EIN | 043532603 |
| Plan Effective Date | 1952-12-30 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Fmr LLC)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 53,976 | $23.0B |
| 2023 | 2 | 68,110 | $28.7B |
| 2024 | 2 | 75,862 | $34.4B |
Nearby 401(k) Plans in Massachusetts
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Fidelity Retirement Savings Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
- Liberty Mutual 401(k) Plan $10.6B · 37,052
- Massachusetts Institute of Technology Supplemental 401(k) Plan $6.8B · 14,094
- Boston Scientific Corporation 401(k) Retirement Savings Plan $5.8B · 19,881
- Philips North America 401(k) Plan $5.8B · 19,120
- State Street Salary Savings Program $5.7B · 12,168
Scale composition for Fidelity Retirement Savings Plan
Fidelity Retirement Savings Plan reports $28.6B in end-of-year assets across 62,289 participants (0.25% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.069% of 89,805,449 covered participants) - about $459,950 per participant (3.4x the national average assets-per-participant) . Net income for plan year 2023 was $5.7B.
This plan identity (EIN 043532603, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $23.0B to $34.2B (+49.0%) while covered participants moved from 52,036 to 66,907 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 52,036 | $23.0B | Open filing |
| 2023 | 62,289 | $28.6B | This page |
| 2024 · index core | 66,907 | $34.2B | Open filing |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- Fidelity Retirement Savings Plan (401(k), $34.2B, 66,907 participants)
- Fidelity Advantage 401(k) (401(k), $185M, 8,955 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Fidelity Retirement Savings Plan by total assets, not by location.
- Verizon Savings Plan for Management Employees (NJ) $27.8B · 78,072
- CVS Health Future Fund 401(k) Plan (RI) $27.6B · 265,760
- Oracle Corporation 401(k) Savings and Investment Plan (CA) $26.3B · 63,105
- Costco 401(k) Retirement Plan (WA) $33.4B · 192,744
Frequently Asked Questions
How did Fidelity Retirement Savings Plan assets move in 2023? ▼
How have Fmr LLC plan assets changed over time? ▼
Where does Fidelity Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Fidelity Retirement Savings Plan? ▼
Next read for Fidelity Retirement Savings Plan
Filing takeaways
Ways to act on Fidelity Retirement Savings Plan's numbers.
- By total assets, Fidelity Retirement 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 Massachusetts. Compare plans
- Fmr LLC's sponsor-wide assets have grown 49.6% since 2022 across 3 plan years on file. More Finance & Insurance plans