401(k) · DOL Form 5500 · 2023
Justworks Employment Group, LLC 401(k) Plan
Data updated 2026-08-25
- $2.9B
- Total assets Very large vs avg
- 79,355
- Participants Very large workforce
- 100th
- Percentile by assets National rank
- $37,145
- Avg per participant Low balance/head
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.
- #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.
- #20,275
- in Professional & Technical Services (20,321 peers)
- +52.6%
- assets growth YoY
- 30×
- vs typical plan assets (national mean)
Justworks Retirement Savings Plan's outsized position by total assets
Justworks Retirement Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$2,947,607,608 Highest reported value at or above every one of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Justworks Retirement Savings 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. Justworks Retirement Savings Plan is a mega filing (79,355 participants), the rightmost band on the breakdown.
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.
DOL schedule card
Filing strip 462283648 · Justworks Employment Group, LLC PY 2023 · 401(k)
Justworks Retirement Savings Plan · $2.9B · 79,355 · 100th
- IND $2.9B
- IND 79,355
- IND 100th
- IND 401(k)
- IND near Xcel Energy 401(k) Savings Plan
- IND ind #20275
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 →
Justworks Retirement Savings Plan in the asset neighbourhood
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)
Sponsor-wide plan assets over time
All Justworks Employment Group, LLC plans reported in each filing year
- Latest sponsor-wide plan assets
- $3.9B 103.81879912778018% vs 2022
- 2024 filing year
| 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.
- 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)
Justworks Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside New York, the nearest 401(k) by assets is Xcel Energy 401(k) Savings Plan in MN ($2.9B); by covered participants it is Aramark Hourly 401(k) Plan in PA (78,708 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($2.9B here).
- 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
Similar participant headcount
Nearest other-state filings by covered participants (79,355 participants); asset peers above are excluded.
- Aramark Hourly 401(k) Plan (PA) 78,708 · 647 off
- Oasis Retirement Savings Plan (FL) 78,645 · 710 off
- Sodexo 401 (K) Employees' Retirement Savings Plan and Trust (MD) 80,121 · 766 off
- Chipotle Mexican Grill, Inc. 401(k) Plan (CA) 78,250 · 1,105 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.