401(k) · DOL Form 5500 · 2024

State Street Corporation 401(k) Plan

Data updated 2026-08-25

$6.5B
Total assets Very large vs avg
12,777
Participants Very large workforce
100th
Percentile by assets National rank
$511,255
Avg per participant High balance/head
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Official DOL plan name: State Street Salary Savings Program · Sponsored by State Street Corporation · Massachusetts · Management of Enterprises

$6.5B in assets, 12,777 participants

State Street Corporation's State Street Salary Savings Program reported $6.5B in total assets and 12,777 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.

  • #1,123 in Management of Enterprises (1,133 peers)

Coverage in Massachusetts

State Street Salary Savings Program covers 12,777 participants in Massachusetts, 19x the typical Massachusetts plan (state average ~659 per filing). Assets: $6.5B.

#1,123
in Management of Enterprises (1,133 peers)
+14.0%
assets growth YoY
66×
vs typical plan assets (national mean)

State Street Salary Savings Program's outsized position by total assets

State Street Salary Savings Program vs every filed plan by assets

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

$6,532,301,643 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

State Street Salary Savings Program'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. State Street Salary Savings Program is a mega filing (12,777 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • State Street Salary Savings Program end-of-year assets rose from $5.7B in the plan year 2023 filing to $6.5B in the plan year 2024 filing.
  • State Street Salary Savings Program reported net income fell from $905M in the plan year 2023 filing to $804M in the plan year 2024 filing.
  • State Street Salary Savings Program reported participants rose from 12,168 in the plan year 2023 filing to 12,777 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 042456637 · State Street Corporation PY 2024 · 401(k)

State Street Salary Savings Program · $6.5B · 12,777 · 100th

  • EIN $6.5B
  • EIN 12,777
  • EIN 100th
  • EIN 401(k)
  • EIN near The 401(k) Plan for Permanente Medical Groups
  • EIN ind #1123

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 Management of Enterprises retirement plans → · Plans in Massachusetts →

State Street Salary Savings Program in the asset neighbourhood

Providence Health & Services 403(b) Value PlanProvidence Health & Services…$6.5BThe 401(k) Plan for Permanente Medical GroupsThe 401(k) Plan for Permanen…$6.5BState Street Salary Savings ProgramState Street Salary Savings …$6.5BEnterprise Holdings Retirement Savings PlanEnterprise Holdings Retireme…$6.5BMotorola Solutions 401(k) PlanMotorola Solutions 401(k) Pl…$6.5B
End-of-year total assets ($B) among State Street Salary Savings Program and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Massachusetts filing particulars

Total Assets (Beginning of Year)$5.7B
Net Assets (End of Year)$6.5B
Net Income$804M
Employer EIN042456637
Plan Effective Date1983-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (State Street Corporation)

Sponsor-wide plan assets over time

All State Street Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$7.4B 30.41346548084554% vs 2022
2024 filing year
$5B$6B$7B$8B 202220232024 $5.67B $7.4B ▲ +30.5%
Year Plans Participants Total Assets
2022 2 15,837 $5.7B
2023 2 15,421 $6.6B
2024 2 15,853 $7.4B

Nearby 401(k) Plans in Massachusetts

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

State Street Salary Savings Program vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. 020000400006000080000 010203040 Total assets ($B) Participants State Street Salary Savings Program, Total assets ($B): 6.532301643 · Participants: 12777State Street Salary Savings ProgramFidelity Retirement Savings Plan, Total assets ($B): 34.201609937 · Participants: 66907Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 11.352606499 · Participants: 34618Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 7.720373045 · Participants: 14762Massachusetts Institute of Technology Supplemental 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 6.775289067 · Participants: 20639Boston Scientific Corporation 401(k) Retirement Savings PlanPhilips North America 401(k) Plan, Total assets ($B): 6.366834511 · Participants: 18388Philips North America 401(k) Plan
State Street Salary Savings Program vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare State Street Salary Savings Program side-by-side with 3 peers →

Scale composition for State Street Salary Savings Program

State Street Salary Savings Program reports $6.5B in end-of-year assets across 12,777 participants (0.053% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.014% of 93,925,755 covered participants) - about $511,255 per participant (3.7x the national average assets-per-participant) . Net income for plan year 2024 was $804M.

This plan identity (EIN 042456637, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $4.8B to $6.5B (+35.5%) while covered participants moved from 12,421 to 12,777 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 12,421 $4.8B Open filing
2023 12,168 $5.7B Open filing
2024 · index core 12,777 $6.5B This page

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

State Street Salary Savings Program's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is The 401(k) Plan for Permanente Medical Groups in CA ($6.5B); by covered participants it is Constellation Software (U.S.a.) Inc. Retirement Savings Plan in IL (12,777 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($6.5B here).

Similar participant headcount

Nearest other-state filings by covered participants (12,777 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 State Street Salary Savings Program assets move in 2024? ▼
State Street Salary Savings Program grew at a solid clip - up 14.0% during 2024, from $5.7B to $6.5B. Reported net income was $804M.
How have State Street Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), State Street Corporation's sponsor-wide assets grew 30.4%, from $5.7B to $7.4B.
Where does State Street Salary Savings Program rank by assets among Form 5500 filers? ▼
State Street Salary Savings Program 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 State Street Salary Savings Program? ▼
Among 401(k) plans in other states, the closest by assets is The 401(k) Plan for Permanente Medical Groups in CA ($6.5B, 18,392 participants).
Which 401(k) plans cover a similar participant headcount to State Street Salary Savings Program? ▼
Among 401(k) plans in other states, the closest by covered participants is Constellation Software (U.S.a.) Inc. Retirement Savings Plan in IL (12,777 participants, $1.6B 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 042456637.

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.