401(k) · DOL Form 5500 · 2023

The Cigna Group 401(k) Plan

Data updated 2026-08-25

$13.0B
Total assets Mega-plan scale
66,760
Participants Very large workforce
100th
Percentile by assets National rank
$194,785
Avg per participant Above avg balance/head
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Official DOL plan name: Cigna 401(k) Plan · Sponsored by The Cigna Group · Pennsylvania · Finance & Insurance

$13.0B in assets, 66,760 participants

The Cigna Group's Cigna 401(k) Plan reported $13.0B in total assets and 66,760 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.

  • #8,860 in Finance & Insurance (8,869 peers)

Coverage in Pennsylvania

Cigna 401(k) Plan covers 66,760 participants in Pennsylvania, 81x the typical Pennsylvania plan (state average ~822 per filing). Assets: $13.0B.

#8,860
in Finance & Insurance (8,869 peers)
+13.5%
assets growth YoY
130×
vs typical plan assets (national mean)

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

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

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

$13,003,870,935 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

Cigna 401(k) 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. Cigna 401(k) Plan is a mega filing (66,760 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Cigna 401(k) Plan reported net income rose from -$1.5B in the plan year 2022 filing to $1.6B in the plan year 2023 filing.
  • Cigna 401(k) Plan end-of-year assets rose from $11.5B in the plan year 2022 filing to $13.0B in the plan year 2023 filing.
  • Cigna 401(k) Plan reported participants rose from 66,147 in the plan year 2022 filing to 66,760 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 824991898 · The Cigna Group PY 2023 · 401(k)

Cigna 401(k) Plan · $13.0B · 66,760 · 100th

  • EIN $13.0B
  • EIN 66,760
  • EIN 100th
  • EIN 401(k)
  • EIN near Target Corporation 401(k) Plan
  • EIN ind #8860

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 Finance & Insurance retirement plans → · Plans in Pennsylvania →

Cigna 401(k) Plan in the asset neighbourhood

UPS 401(k) Savings Plan$13.1BTarget Corporation 401(k) PlanTarget Corporation 401(k) Pl…$13.0BCigna 401(k) Plan$13.0BMedtronic Savings and Investment PlanMedtronic Savings and Invest…$12.9BU.S. Roche 401(k) Savings PlanU.S. Roche 401(k) Savings Pl…$12.9B
End-of-year total assets ($B) among Cigna 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$11.5B
Net Assets (End of Year)$12.9B
Net Income$1.6B
Employer EIN824991898
Plan Effective Date1974-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Cigna Group)

Sponsor-wide plan assets over time

All The Cigna Group plans reported in each filing year

Latest sponsor-wide plan assets
$14.2B 23.926740486925866% vs 2022
2024 filing year
$11B$12B$13B$14B$15B 202220232024 $11.5B $14.2B ▲ +23.9%
Year Plans Participants Total Assets
2022 1 66,147 $11.5B
2023 1 66,760 $13.0B
2024 1 63,634 $14.2B

Nearby 401(k) Plans in Pennsylvania

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

Cigna 401(k) Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. 020000400006000080000100000 5101520 Total assets ($B) Participants Cigna 401(k) Plan, Total assets ($B): 13.003870935 · Participants: 66760Cigna 401(k) PlanComcast Corporation Retirement - Investment Plan, Total assets ($B): 17.368669862 · Participants: 93136Comcast Corporation Retirement - Investment PlanThe Vanguard Retirement and Savings Plan, Total assets ($B): 9.765617477 · Participants: 18200The Vanguard Retirement and Savings PlanThe PNC Financial Services Group, Inc. Incentive Savings Plan, Total assets ($B): 9.339762 · Participants: 61697The PNC Financial Services Group, Inc. Incentive Savings PlanThe Bank of New York Mellon Corporation 401(k) Savings Plan, Total assets ($B): 8.955655142 · Participants: 25184The Bank of New York Mellon Corporation 401(k) Savings PlanGsk 401(k) Plan, Total assets ($B): 8.07293146 · Participants: 11837Gsk 401(k) Plan
Cigna 401(k) Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Scale composition for Cigna 401(k) Plan

Cigna 401(k) Plan reports $13.0B in end-of-year assets across 66,760 participants (0.11% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.071% of 93,925,755 covered participants) - about $194,785 per participant (1.4x the national average assets-per-participant) . Net income for plan year 2023 was $1.6B.

This plan identity (EIN 824991898, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $11.5B to $14.2B (+23.9%) while covered participants moved from 66,147 to 63,634 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 66,147 $11.5B Open filing
2023 66,760 $13.0B This page
2024 · index core 63,634 $14.2B Open filing

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

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

Outside Pennsylvania, the nearest 401(k) by assets is Target Corporation 401(k) Plan in MN ($13.0B); by covered participants it is Meta Platforms, Inc 401(k) Plan in CA (66,696 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($13.0B here).

Similar participant headcount

Nearest other-state filings by covered participants (66,760 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 Cigna 401(k) Plan assets move in 2023?
Cigna 401(k) Plan grew at a solid clip - up 13.5% during 2023, from $11.5B to $13.0B. Reported net income was $1.6B.
How have The Cigna Group plan assets changed over time?
Across 3 plan years on file (2022-2024), The Cigna Group's sponsor-wide assets grew 23.9%, from $11.5B to $14.2B.
Where does Cigna 401(k) Plan rank by assets among Form 5500 filers?
Cigna 401(k) 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 Cigna 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Target Corporation 401(k) Plan in MN ($13.0B, 432,617 participants).
Which 401(k) plans cover a similar participant headcount to Cigna 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Meta Platforms, Inc 401(k) Plan in CA (66,696 participants, $12.2B in assets).