401(k) · DOL Form 5500 · 2024

International Business Machines Corporation 401(k) Plan

Data updated 2026-08-25

$60.4B
Total assets Mega-plan scale
52,674
Participants Very large workforce
100th
Percentile by assets National rank
$1.1M
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: IBM 401(k) Plan · Sponsored by International Business Machines Corporation · New York · Professional & Technical Services

$60.4B in assets, 52,674 participants

International Business Machines Corporation's IBM 401(k) Plan reported $60.4B in total assets and 52,674 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.

  • #20,173 in Professional & Technical Services (20,173 peers)

Coverage in New York

IBM 401(k) Plan covers 52,674 participants in New York, 66x the typical New York plan (state average ~798 per filing). Assets: $60.4B.

#20,173
in Professional & Technical Services (20,173 peers)
+5.2%
assets growth YoY
606×
vs typical plan assets (national mean)

IBM 401(k) Plan's outsized position by total assets

IBM 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$60,393,556,150 Highest reported value at or above every one of 123,620 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 2024

IBM 401(k) 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. IBM 401(k) Plan is a mega filing (52,674 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • IBM 401(k) Plan reported net income fell from $4.7B in the plan year 2023 filing to $2.7B in the plan year 2024 filing.
  • IBM 401(k) Plan end-of-year assets rose from $57.4B in the plan year 2023 filing to $60.4B in the plan year 2024 filing.
  • IBM 401(k) Plan reported participants fell from 54,912 in the plan year 2023 filing to 52,674 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 130871985 · International Business Machines Corporation PY 2024 · 401(k)

IBM 401(k) Plan · $60.4B · 52,674 · 100th

  • PCT $60.4B
  • EIN 52,674
  • RANK 100th
  • PHOTO 401(k)
  • IND near Rtx Savings Plan
  • EOY ind #20173

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 New York →

IBM 401(k) Plan in the asset neighbourhood

Microsoft Corporation Savings Plus 401(k) PlanMicrosoft Corporation Saving…$65.6BThe Bank of America 401(k) PlanThe Bank of America 401(k) P…$62.9BIBM 401(k) Plan$60.4BRtx Savings Plan$58.6BWells Fargo & Company 401(k) PlanWells Fargo & Company 401(k)…$57.9B
End-of-year total assets ($B) among IBM 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

New York filing particulars

Total Assets (Beginning of Year)$57.4B
Net Assets (End of Year)$59.4B
Net Income$2.7B
Employer EIN130871985
Plan Effective Date1983-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (International Business Machines Corporation)

Sponsor-wide plan assets over time

All International Business Machines Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$78.3B 0.712905096080379% vs 2022
2024 filing year
$76B$78B$80B$82B$84B 202220232024 $78.9B $78.3B ▼ -0.7%
Year Plans Participants Total Assets
2022 3 72,807 $78.9B
2023 3 69,793 $82.4B
2024 3 100,688 $78.3B

Nearby 401(k) Plans in New York

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

IBM 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. 050000100000150000 020406080 Total assets ($B) Participants IBM 401(k) Plan, Total assets ($B): 60.39355615 · Participants: 52674IBM 401(k) PlanMorgan Stanley 401(k) Plan, Total assets ($B): 22.180692974 · Participants: 53860Morgan Stanley 401(k) PlanPfizer Savings Plan, Total assets ($B): 21.9871528 · Participants: 33309Pfizer Savings PlanThe Pepsico Savings Plan, Total assets ($B): 14.9369507 · Participants: 137398The Pepsico Savings PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 12.807939404 · Participants: 23227The Goldman Sachs 401(k) PlanMcKinsey & Company, Inc. (Psrp) Profit Sharing Retirement Plan, Total assets ($B): 9.823670556 · Participants: 17700McKinsey & Company, Inc. (Psrp) Profit Sharing Retirement Plan
IBM 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants
Compare IBM 401(k) Plan side-by-side with 3 peers →

Scale composition for IBM 401(k) Plan

IBM 401(k) Plan reports $60.4B in end-of-year assets across 52,674 participants (0.49% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.056% of 93,925,755 covered participants) - about $1.1M per participant (8.3x the national average assets-per-participant) . Net income for plan year 2024 was $2.7B.

This plan identity (EIN 130871985, plan #005) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $53.4B to $60.4B (+13.2%) while covered participants moved from 56,376 to 52,674 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 56,376 $53.4B Open filing
2023 54,912 $57.4B Open filing
2024 · index core 52,674 $60.4B This page

The same sponsor also keeps 1 other index-core plan on PlainRetire:

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

Outside New York, the nearest 401(k) by assets is Rtx Savings Plan in CT ($58.6B); by covered participants it is Truist Financial Corporation 401(k) Savings Plan in NC (52,699 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($60.4B here).

Similar participant headcount

Nearest other-state filings by covered participants (52,674 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did IBM 401(k) Plan assets move in 2024? ▼
IBM 401(k) Plan grew at a solid clip - up 5.2% during 2024, from $57.4B to $60.4B. Reported net income was $2.7B.
How have International Business Machines Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), International Business Machines Corporation's sponsor-wide assets declined 0.7%, from $78.9B to $78.3B.
Where does IBM 401(k) Plan rank by assets among Form 5500 filers? ▼
IBM 401(k) Plan ranks in the 100th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to IBM 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Rtx Savings Plan in CT ($58.6B, 124,876 participants).
Which 401(k) plans cover a similar participant headcount to IBM 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Truist Financial Corporation 401(k) Savings Plan in NC (52,699 participants, $9.2B in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 130871985.

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.