401(k) · DOL Form 5500 · 2024

Bread Financial Payments, Inc. 401(k) Plan

Data updated 2026-08-11

$932M
Total assets
6,062
Participants
98th
Percentile by assets
$153,766
Avg per participant
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Official DOL plan name: Bread Financial 401(k) Plan · Sponsored by Bread Financial Payments, Inc. · Ohio · Finance & Insurance

$932M in assets, 6,062 participants

Bread Financial Payments, Inc.'s Bread Financial 401(k) Plan reported $932M in total assets and 6,062 participants in its 2024 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 123,622 plans)
  • #8,283 in Finance & Insurance (8,549 peers)

Coverage in Ohio

Bread Financial 401(k) Plan covers 6,062 participants in Ohio, 7.9x the typical Ohio plan (state average ~765 per filing). Assets: $932M.

$932M
total plan assets (2024 EOY)
6,062
covered participants
98th
percentile by assets (of 123,622 plans)
$153,766
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Bread Financial 401(k) Plan reported net income rose from $40M in the plan year 2023 filing to $109M in the plan year 2024 filing.
  • Bread Financial 401(k) Plan reported participants fell from 7,094 in the plan year 2023 filing to 6,062 in the plan year 2024 filing.
  • Bread Financial 401(k) Plan end-of-year assets rose from $824M in the plan year 2023 filing to $932M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Participants vs Ohio filers

In Ohio, the average filing covers about 765 participants across 5,089 plans. Bread Financial 401(k) Plan reports 6,062 participants - 7.9x that state average ($932M EOY assets).

Ohio filing particulars

Total Assets (Beginning of Year)$824M
Net Assets (End of Year)$932M
Net Income$109M
Employer EIN133163498
Plan Effective Date1996-01-24
Filing StatusFILING RECEIVED

Sponsor Plan History (Bread Financial Payments, Inc.)

$750M$800M$850M$900M$950M 202220232024 $784M $932M ▲ +18.9%
Total plan assets by year, all Bread Financial Payments, Inc. plans on file
Year Plans Participants Total Assets
2022 1 5,715 $784M
2023 1 7,094 $824M
2024 1 6,062 $932M

Nearby 401(k) Plans in Ohio

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

Bread Financial 401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants

Bread Financial 401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 05101520 Total assets ($B) Participants Bread Financial 401(…GE Aerospace Retirem…The Kroger Co. 401(k…The Progressive 401(…The Sherwin-Williams…Parker Retirement Sa…
Bread Financial 401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants

Scale composition for Bread Financial 401(k) Plan

Bread Financial 401(k) Plan reports $932M in end-of-year assets across 6,062 participants (0.008% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $153,766 per participant (1.1x the national average assets-per-participant) . Net income for plan year 2024 was $109M.

This plan identity (EIN 133163498, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $784M to $932M (+18.9%) while covered participants moved from 5,715 to 6,062 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 5,715 $784M Open filing
2023 7,094 $824M Open filing
2024 · index core 6,062 $932M This page

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Bread Financial 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Bread Financial 401(k) Plan assets move in 2024?
Bread Financial 401(k) Plan grew at a solid clip - up 13.2% during 2024, from $824M to $932M. Reported net income was $109M.
How have Bread Financial Payments, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Bread Financial Payments, Inc.'s sponsor-wide assets grew 18.9%, from $784M to $932M.
Where does Bread Financial 401(k) Plan rank by assets among Form 5500 filers?
Bread Financial 401(k) Plan ranks in the 98th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Bread Financial 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Henry Ford Health System Ambassador 403(b) Plan in MI ($932M, 18,400 participants).

Filing takeaways

Ways to act on Bread Financial 401(k) Plan's numbers.