401(k) · DOL Form 5500 · 2023
Justworks Employment Group, LLC 401(k) Plan
Data updated 2026-08-11
- $2.9B
- Total assets
- 79,355
- Participants
- 100th
- Percentile by assets
- $37,145
- Avg per participant
Official DOL plan name: Justworks Retirement Savings Plan · Sponsored by Justworks Employment Group, LLC · New York · Professional & Technical Services
$2.9B in assets, 79,355 participants
Justworks Employment Group, LLC's Justworks Retirement Savings Plan reported $2.9B in total assets and 79,355 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.
- 100th percentile by assets (of 127,072 plans)
- #20,275 in Professional & Technical Services (20,321 peers)
Coverage in New York
Justworks Retirement Savings Plan covers 79,355 participants in New York, 99x the typical New York plan (state average ~798 per filing). Assets: $2.9B.
- $2.9B
- total plan assets (2023 EOY)
- 79,355
- covered participants
- 100th
- percentile by assets (of 127,072 plans)
- $37,145
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Justworks Retirement Savings Plan reported net income rose from $345M in the plan year 2022 filing to $1.0B in the plan year 2023 filing.
- Justworks Retirement Savings Plan end-of-year assets rose from $1.9B in the plan year 2022 filing to $2.9B in the plan year 2023 filing.
- Justworks Retirement Savings Plan reported participants rose from 64,005 in the plan year 2022 filing to 79,355 in the plan year 2023 filing.
Participants vs New York filers
In New York, the average filing covers about 798 participants across 9,061 plans. Justworks Retirement Savings Plan reports 79,355 participants - 99x that state average ($2.9B EOY assets).
New York filing particulars
| Total Assets (Beginning of Year) | $1.9B |
|---|---|
| Net Assets (End of Year) | $2.9B |
| Net Income | $1.0B |
| Employer EIN | 462283648 |
| Plan Effective Date | 2014-04-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Justworks Employment Group, LLC)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 64,005 | $1.9B |
| 2023 | 1 | 79,355 | $2.9B |
| 2024 | 1 | 135,415 | $3.9B |
Nearby 401(k) Plans in New York
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Justworks Retirement Savings Plan vs. nearby 401(k) plans in New York, assets vs. participants
- IBM 401 (K) Plus Plan $57.4B · 54,912
- Pfizer Savings Plan $19.6B · 30,033
- Morgan Stanley 401(k) Plan $19.2B · 55,363
- The Pepsico Savings Plan $13.7B · 133,597
- The Goldman Sachs 401(k) Plan $11.4B · 24,866
Scale composition for Justworks Retirement Savings Plan
Justworks Retirement Savings Plan reports $2.9B in end-of-year assets across 79,355 participants (0.024% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.084% of 93,925,755 covered participants) - about $37,145 per participant (27% of the national average assets-per-participant) . Net income for plan year 2023 was $1.0B.
This plan identity (EIN 462283648, plan #333) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.9B to $3.9B (+103.8%) while covered participants moved from 64,005 to 135,415 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 64,005 | $1.9B | Open filing |
| 2023 | 79,355 | $2.9B | This page |
| 2024 · index core | 135,415 | $3.9B | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Justworks Retirement Savings Plan (401(k), $3.9B, 135,415 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Justworks Retirement Savings Plan by total assets, not by location.
- Xcel Energy 401(k) Savings Plan (MN) $2.9B · 9,334
- The Hy-Vee and Affiliates 401(k) Plan (IA) $2.9B · 56,181
- Inova Health System Retirement Savings Plan (VA) $2.9B · 19,635
- Iowa Health System Section 401(k) Retirement Savings Plan (IA) $3.0B · 28,959
Frequently Asked Questions
How did Justworks Retirement Savings Plan assets move in 2023? ▼
How have Justworks Employment Group, LLC plan assets changed over time? ▼
Where does Justworks Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Justworks Retirement Savings Plan? ▼
Next read for Justworks Retirement Savings Plan
Filing takeaways
Ways to act on Justworks Retirement Savings Plan's numbers.
- By total assets, Justworks Retirement Savings Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in New York. Compare plans
- Justworks Employment Group, LLC's sponsor-wide assets have grown 103.8% since 2022 across 3 plan years on file. More Professional & Technical Services plans