401(k) · DOL Form 5500 · 2024
Follett Higher Education Group, LLC 401(k) Plan
Data updated 2026-08-25
- $335M
- Total assets Above avg plan size
- 5,403
- Participants Above avg headcount
- 96th
- Percentile by assets National rank
- $62,072
- Avg per participant Low balance/head
Official DOL plan name: Follett Retirement Savings Plan · Sponsored by Follett Higher Education Group, LLC · Illinois · Wholesale Trade
$335M in assets, 5,403 participants
Follett Higher Education Group, LLC's Follett Retirement Savings Plan reported $335M in total assets and 5,403 participants in its 2024 DOL Form 5500 filing, ranking in the 96th 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.
- #5,916 in Wholesale Trade (6,080 peers)
Coverage in Illinois
Follett Retirement Savings Plan covers 5,403 participants in Illinois, 6.9x the typical Illinois plan (state average ~779 per filing). Assets: $335M.
- #5,916
- in Wholesale Trade (6,080 peers)
- +4.4%
- assets growth YoY
- 3.4×
- vs typical plan assets (national mean)
Follett Retirement Savings Plan's outsized position by total assets
Follett Retirement Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$335,377,486 Top 4% higher than 96% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Follett Retirement Savings Plan's large-plan peer group by participant headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Follett Retirement Savings Plan lands in the large band (5,403 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Follett Retirement Savings Plan reported net income fell from $31M in the plan year 2023 filing to $14M in the plan year 2024 filing.
- Follett Retirement Savings Plan end-of-year assets rose from $321M in the plan year 2023 filing to $335M in the plan year 2024 filing.
- Follett Retirement Savings Plan reported participants fell from 5,572 in the plan year 2023 filing to 5,403 in the plan year 2024 filing.
DOL schedule card
Filing strip 362593135 · Follett Higher Education Group, LLC PY 2024 · 401(k)
Follett Retirement Savings Plan · $335M · 5,403 · 96th
- EBSA $335M
- PART 5,403
- TYPE 96th
- NET 401(k)
- BOOK near National Life Group 401(k) Plan
- VS-ST ind #5916
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 Wholesale Trade retirement plans → · Plans in Illinois →
Follett Retirement Savings Plan in the asset neighbourhood
Illinois filing particulars
| Total Assets (Beginning of Year) | $321M |
|---|---|
| Net Assets (End of Year) | $335M |
| Net Income | $14M |
| Employer EIN | 362593135 |
| Plan Effective Date | 1985-04-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Follett Higher Education Group, LLC)
Sponsor-wide plan assets over time
All Follett Higher Education Group, LLC plans reported in each filing year
- Latest sponsor-wide plan assets
- $335M 15.433826532855633% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 8,694 | $291M |
| 2023 | 1 | 5,572 | $321M |
| 2024 | 1 | 5,403 | $335M |
Nearby 401(k) Plans in Illinois
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Accenture United States 401(k) Match and Savings Plan $21.3B · 66,965
- State Farm 401(k) Savings Plan $19.0B · 63,297
- United Airlines Pilot Retirement Account Plan $16.8B · 16,659
- Abbott Laboratories Stock Retirement Plan $15.8B · 38,229
- Walgreens Retirement Savings Plan $14.5B · 233,635
Scale composition for Follett Retirement Savings Plan
Follett Retirement Savings Plan reports $335M in end-of-year assets across 5,403 participants (0.003% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $62,072 per participant (45% of the national average assets-per-participant) . Net income for plan year 2024 was $14M.
This plan identity (EIN 362593135, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $291M to $335M (+15.4%) while covered participants moved from 8,694 to 5,403 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 8,694 | $291M | Open filing |
| 2023 | 5,572 | $321M | Open filing |
| 2024 · index core | 5,403 | $335M | This page |
Follett Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside Illinois, the nearest 401(k) by assets is National Life Group 401(k) Plan in VT ($335M); by covered participants it is Applegreen US Retirement Plan in SC (5,403 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($335M here).
- National Life Group 401(k) Plan (VT) $335M · 1,397
- Sauder Woodworking Co. Retirement and 401(k) Plan (OH) $335M · 1,803
- The Smithgroup Retirement Accumulation Plan (MI) $335M · 1,423
- Cgb Enterprises, Inc. 401(k) Retirement Savings Plan (LA) $335M · 1,588
Similar participant headcount
Nearest other-state filings by covered participants (5,403 participants); asset peers above are excluded.
- Applegreen US Retirement Plan (SC) 5,403 · 0 off
- The Wonderful Company LLC 401(k) Plan (CA) 5,404 · 1 off
- Excel Group 401(k) Savings Plan (LA) 5,400 · 3 off
- Pgt Savings Plan (FL) 5,406 · 3 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.