401(k) · DOL Form 5500 · 2024
Unitedhealth Group Incorporated 401(k) Plan
Data updated 2026-08-25
- $26.6B
- Total assets Mega-plan scale
- 205,460
- Participants Very large workforce
- 100th
- Percentile by assets National rank
- $129,557
- Avg per participant Near avg balance/head
Official DOL plan name: Unitedhealth Group 401(k) Savings Plan · Sponsored by Unitedhealth Group Incorporated · Minnesota · Professional & Technical Services
$26.6B in assets, 205,460 participants
Unitedhealth Group Incorporated's Unitedhealth Group 401(k) Savings Plan reported $26.6B in total assets and 205,460 participants in its 2024 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.
- #20,170 in Professional & Technical Services (20,173 peers)
Coverage in Minnesota
Unitedhealth Group 401(k) Savings Plan covers 205,460 participants in Minnesota, 182x the typical Minnesota plan (state average ~1,126 per filing). Assets: $26.6B.
- #20,170
- in Professional & Technical Services (20,173 peers)
- +18.7%
- assets growth YoY
- 267×
- vs typical plan assets (national mean)
Unitedhealth Group 401(k) Savings Plan's outsized position by total assets
Unitedhealth Group 401(k) Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$26,618,762,181 Highest reported value at or above every one of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Unitedhealth Group 401(k) Savings Plan's mega-plan peer group by participant headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Unitedhealth Group 401(k) Savings Plan is a mega filing (205,460 participants), the rightmost band on the breakdown.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Unitedhealth Group 401(k) Savings Plan end-of-year assets rose from $22.4B in the plan year 2023 filing to $26.6B in the plan year 2024 filing.
- Unitedhealth Group 401(k) Savings Plan reported net income fell from $3.9B in the plan year 2023 filing to $3.3B in the plan year 2024 filing.
- Unitedhealth Group 401(k) Savings Plan reported participants rose from 198,972 in the plan year 2023 filing to 205,460 in the plan year 2024 filing.
Form 5500 schedule snapshot
Filing strip 411321939 · Unitedhealth Group Incorporated PY 2024 · 401(k)
Unitedhealth Group 401(k) Savings Plan · $26.6B · 205,460 · 100th
- NET $26.6B
- NET 205,460
- NET 100th
- NET 401(k)
- NET near Fedex Corporation Retirement Savings Plan
- NET ind #20170
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 Professional & Technical Services retirement plans → · Plans in Minnesota →
Unitedhealth Group 401(k) Savings Plan in the asset neighbourhood
Minnesota filing particulars
| Total Assets (Beginning of Year) | $22.4B |
|---|---|
| Net Assets (End of Year) | $26.6B |
| Net Income | $3.3B |
| Employer EIN | 411321939 |
| Plan Effective Date | 1985-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Unitedhealth Group Incorporated)
Sponsor-wide plan assets over time
All Unitedhealth Group Incorporated plans reported in each filing year
- Latest sponsor-wide plan assets
- $26.6B 43.29359379551763% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 176,886 | $18.6B |
| 2023 | 1 | 198,972 | $22.4B |
| 2024 | 1 | 205,460 | $26.6B |
Nearby 401(k) Plans in Minnesota
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Wells Fargo & Company 401(k) Plan $57.9B · 179,076
- Target Corporation 401(k) Plan $14.4B · 409,649
- Medtronic Savings and Investment Plan $13.7B · 38,480
- U.S. Bank 401(k) Savings Plan $11.4B · 73,109
- 3M Voluntary Investment Plan and Employee Stock Ownership Plan $10.6B · 32,964
Scale composition for Unitedhealth Group 401(k) Savings Plan
Unitedhealth Group 401(k) Savings Plan reports $26.6B in end-of-year assets across 205,460 participants (0.22% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.22% of 93,925,755 covered participants) - about $129,557 per participant (94% of the national average assets-per-participant) . Net income for plan year 2024 was $3.3B.
This plan identity (EIN 411321939, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $18.6B to $26.6B (+43.3%) while covered participants moved from 176,886 to 205,460 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 176,886 | $18.6B | Open filing |
| 2023 | 198,972 | $22.4B | Open filing |
| 2024 · index core | 205,460 | $26.6B | This page |
Unitedhealth Group 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside Minnesota, the nearest 401(k) by assets is Fedex Corporation Retirement Savings Plan in TN ($25.4B); by covered participants it is Costco 401(k) Retirement Plan in WA (202,468 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($26.6B here).
- Fedex Corporation Retirement Savings Plan (TN) $25.4B · 113,079
- Intel 401(k) Savings Plan (CA) $24.9B · 55,298
- Apple 401(k) Plan (CA) $24.7B · 101,450
- Verizon Savings Plan for Management Employees (NJ) $29.4B · 69,218
Similar participant headcount
Nearest other-state filings by covered participants (205,460 participants); asset peers above are excluded.
- Costco 401(k) Retirement Plan (WA) 202,468 · 2,992 off
- Albertsons Companies 401(k) Plan (CA) 201,289 · 4,171 off
- Publix Super Markets, Inc. 401(k) Smart Plan (FL) 197,102 · 8,358 off
- Dollar General Corp 401(k) Savings and Retirement Plan (TN) 217,948 · 12,488 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.