401(k) · DOL Form 5500 · 2023

The Procter & Gamble Company 401(k) Plan

Data updated 2026-08-25

$5.1B
Total assets Very large vs avg
28,627
Participants Very large workforce
100th
Percentile by assets National rank
$176,482
Avg per participant Above avg balance/head
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Official DOL plan name: The Procter & Gamble Savings Plan · Sponsored by The Procter & Gamble Company · Ohio · Manufacturing

$5.1B in assets, 28,627 participants

The Procter & Gamble Company's The Procter & Gamble Savings Plan reported $5.1B in total assets and 28,627 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.

  • #18,616 in Manufacturing (18,722 peers)

Coverage in Ohio

The Procter & Gamble Savings Plan covers 28,627 participants in Ohio, 37x the typical Ohio plan (state average ~765 per filing). Assets: $5.1B.

#18,616
in Manufacturing (18,722 peers)
+11.4%
assets growth YoY
51×
vs typical plan assets (national mean)

The Procter & Gamble Savings Plan's outsized position by total assets

The Procter & Gamble Savings Plan vs every filed plan by assets

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

$5,052,151,946 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 Procter & Gamble Savings 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 Procter & Gamble Savings Plan is a mega filing (28,627 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Procter & Gamble Savings Plan reported net income rose from $428M in the plan year 2022 filing to $518M in the plan year 2023 filing.
  • The Procter & Gamble Savings Plan end-of-year assets rose from $4.5B in the plan year 2022 filing to $5.1B in the plan year 2023 filing.
  • The Procter & Gamble Savings Plan reported participants rose from 28,173 in the plan year 2022 filing to 28,627 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 310411980 · The Procter & Gamble Company PY 2023 · 401(k)

The Procter & Gamble Savings Plan · $5.1B · 28,627 · 100th

  • PHOTO $5.1B
  • PHOTO 28,627
  • PHOTO 100th
  • PHOTO 401(k)
  • PHOTO near Nextera Energy, Inc. Employee Retirement Savings Plan
  • PHOTO ind #18616

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 Procter & Gamble Savings Plan in the asset neighbourhood

Applied Materials, Inc. Employee Savings & Retirement PlanApplied Materials, Inc. Empl…$5.1BThe Quest Diagnostics Profit Sharing PlanThe Quest Diagnostics Profit…$5.1BThe Procter & Gamble Savings PlanThe Procter & Gamble Savings…$5.1BNextera Energy, Inc. Employee Retirement Savings PlanNextera Energy, Inc. Employe…$5.0BScience Applications International Corporation Retirement PlanScience Applications Interna…$5.0B
End-of-year total assets ($B) among The Procter & Gamble Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Ohio filing particulars

Total Assets (Beginning of Year)$4.5B
Net Assets (End of Year)$5.1B
Net Income$518M
Employer EIN310411980
Plan Effective Date1990-02-28
Filing StatusFILING RECEIVED

Sponsor Plan History (The Procter & Gamble Company)

Sponsor-wide plan assets over time

All The Procter & Gamble Company plans reported in each filing year

Latest sponsor-wide plan assets
$28.5B 2.4245863107933574% vs 2022
2024 filing year
$27.5B$28B$28.5B$29B$29.5B 202220232024 $27.8B $28.5B ▲ +2.4%
Year Plans Participants Total Assets
2022 3 59,869 $27.8B
2023 3 61,584 $29.3B
2024 3 63,996 $28.5B

Nearby 401(k) Plans in Ohio

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

The Procter & Gamble Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. 050000100000150000 0510152025 Total assets ($B) Participants The Procter & Gamble Savings Plan, Total assets ($B): 5.052151946 · Participants: 28627The Procter & Gamble 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 Procter & Gamble Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants

Scale composition for The Procter & Gamble Savings Plan

The Procter & Gamble Savings Plan reports $5.1B in end-of-year assets across 28,627 participants (0.041% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.030% of 93,925,755 covered participants) - about $176,482 per participant (1.3x the national average assets-per-participant) . Net income for plan year 2023 was $518M.

This plan identity (EIN 310411980, plan #042) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $4.5B to $5.4B (+18.4%) while covered participants moved from 28,173 to 29,629 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 28,173 $4.5B Open filing
2023 28,627 $5.1B This page
2024 · index core 29,629 $5.4B Open filing

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

The Procter & Gamble Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Nextera Energy, Inc. Employee Retirement Savings Plan in FL ($5.0B); by covered participants it is Ttec 401(k) Profit Sharing Plan in CO (28,654 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (28,627 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 Procter & Gamble Savings Plan assets move in 2023?
The Procter & Gamble Savings Plan grew at a solid clip - up 11.4% during 2023, from $4.5B to $5.1B. Reported net income was $518M.
How have The Procter & Gamble Company plan assets changed over time?
Across 3 plan years on file (2022-2024), The Procter & Gamble Company's sponsor-wide assets grew 2.4%, from $27.8B to $28.5B.
Where does The Procter & Gamble Savings Plan rank by assets among Form 5500 filers?
The Procter & Gamble Savings 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 Procter & Gamble Savings Plan?
Among 401(k) plans in other states, the closest by assets is Nextera Energy, Inc. Employee Retirement Savings Plan in FL ($5.0B, 15,212 participants).
Which 401(k) plans cover a similar participant headcount to The Procter & Gamble Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Ttec 401(k) Profit Sharing Plan in CO (28,654 participants, $319M in assets).