401(k) · DOL Form 5500 · 2023

Deere & Company 401(k) Plan

Data updated 2026-08-06

$1.8B
Total assets
13,538
Participants
99th
Percentile by assets
$130,608
Avg per participant
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Official DOL plan name: John Deere Tax Deferred Savings Plan · Sponsored by Deere & Company · Illinois · Manufacturing

$1.8B in assets, 13,538 participants

Deere & Company's John Deere Tax Deferred Savings Plan reported $1.8B in total assets and 13,538 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.

  • 99th percentile by assets (of 126,618 plans)
  • #18,392 in Manufacturing (18,672 peers)

Coverage in Illinois

John Deere Tax Deferred Savings Plan covers 13,538 participants in Illinois, 18x the typical Illinois plan (state average ~768 per filing). Assets: $1.8B.

$1.8B
total plan assets (2023 EOY)
13,538
covered participants
99th
percentile by assets (of 126,618 plans)
$130,608
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • John Deere Tax Deferred Savings Plan reported net income rose from $103M in the plan year 2022 filing to $390M in the plan year 2023 filing.
  • John Deere Tax Deferred Savings Plan end-of-year assets rose from $1.4B in the plan year 2022 filing to $1.8B in the plan year 2023 filing.
  • John Deere Tax Deferred Savings Plan reported participants fell from 13,610 in the plan year 2022 filing to 13,538 in the plan year 2023 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Illinois filers

In Illinois, the average filing covers about 768 participants across 5,440 plans. John Deere Tax Deferred Savings Plan reports 13,538 participants - 18x that state average ($1.8B EOY assets).

Illinois filing particulars

Total Assets (Beginning of Year)$1.4B
Net Assets (End of Year)$1.8B
Net Income$390M
Employer EIN362382580
Plan Effective Date1987-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Deere & Company)

$20B$22B$24B$26B 20222023 $21.2B $24.8B ▲ +17.1%
Total plan assets by year, all Deere & Company plans on file
Year Plans Participants Total Assets
2022 4 31,662 $21.2B
2023 4 59,809 $24.8B

Nearby 401(k) Plans in Illinois

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

John Deere Tax Deferred Savings Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

John Deere Tax Deferred Savings Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. 050000100000150000200000250000 05101520 Total assets ($B) Participants John Deere Tax Defer…Accenture United Sta…State Farm 401(k) Sa…Abbott Laboratories …United Airlines Pilo…Walgreens Retirement…
John Deere Tax Deferred Savings Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to John Deere Tax Deferred Savings Plan by total assets, not by location.

Frequently Asked Questions

How did John Deere Tax Deferred Savings Plan assets move in 2023?
John Deere Tax Deferred Savings Plan grew sharply - up 28.1% during 2023, from $1.4B to $1.8B. Reported net income was $390M.
How have Deere & Company plan assets changed over time?
Across 2 plan years on file (2022-2023), Deere & Company's sponsor-wide assets grew 17.1%, from $21.2B to $24.8B.
Where does John Deere Tax Deferred Savings Plan rank by assets among Form 5500 filers?
John Deere Tax Deferred Savings Plan ranks in the 99th percentile by end-of-year assets among 126,618 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 John Deere Tax Deferred Savings Plan?
Among 401(k) plans in other states, the closest by assets is Holland and Knight Profit Sharing Plan & Trust in FL ($1.8B, 3,060 participants).

Next read for John Deere Tax Deferred Savings Plan

Filing takeaways

Ways to act on John Deere Tax Deferred Savings Plan's numbers.