401(k) · DOL Form 5500 · 2024

Sedgwick Claims Management Services, Inc. 401(k) Plan

Data updated 2026-07-24

$1.9B
Total assets: 25,842
Participants: 99th
Percentile by assets: $74,073
Avg per participant

Official DOL plan name: Sedgwick 401(k) Savings Plan · Sponsored by Sedgwick Claims Management Services, Inc. · Tennessee · Finance & Insurance

$1.9B in assets, 25,842 participants

Sedgwick Claims Management Services, Inc.'s Sedgwick 401(k) Savings Plan reported $1.9B in total assets and 25,842 participants in its 2024 DOL Form 5500 filing, ranking in the 99th 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.

99th percentile by assets (of 116,472 plans)

Coverage in Tennessee

Sedgwick 401(k) Savings Plan covers 25,842 participants in Tennessee, 23x the typical Tennessee plan (state average ~1,122 per filing). Assets: $1.9B.

$1.9B
total plan assets (2024 EOY): 25,842
covered participants: 99th
percentile by assets (of 116,472 plans): $74,073
avg assets per participant

Sedgwick 401(k) Savings Plan reported net income fell from $261M in the plan year 2023 filing to $186M in the plan year 2024 filing.
Sedgwick 401(k) Savings Plan end-of-year assets rose from $1.7B in the plan year 2023 filing to $1.9B in the plan year 2024 filing.
Sedgwick 401(k) Savings Plan reported participants rose from 24,537 in the plan year 2023 filing to 25,842 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Tennessee

Industry

Finance & Insurance

Participants vs Tennessee filers

In Tennessee, the average filing covers about 1,122 participants across 2,228 plans. Sedgwick 401(k) Savings Plan reports 25,842 participants - 23x that state average ($1.9B EOY assets).

Tennessee filing particulars

Total Assets (Beginning of Year)	$1.7B
Net Assets (End of Year)	$1.9B
Net Income	$186M
Employer EIN	362685608
Plan Effective Date	1999-11-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Sedgwick Claims Management Services, Inc.)

Total plan assets by year, all Sedgwick Claims Management Services, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	2	24,553	$1.5B
2023	2	25,530	$1.8B
2024	2	26,722	$2.0B

Nearby 401(k) Plans in Tennessee

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

Sedgwick 401(k) Savings Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants

Fedex Corporation Retirement Savings Plan $25.4B · 113,079
Hca 401(k) Plan $23.8B · 307,086
Federal Express Corporation Pilots Retirement Savings Plan $5.3B · 5,830
International Paper Company Salaried Savings Plan $5.0B · 12,564
Chs/Community Health Systems, Inc. Retirement Savings Plan $4.8B · 59,441

Compare Sedgwick 401(k) Savings Plan side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

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

Broadridge Financial Solutions, Inc. Retirement Savings Plan (NJ) $1.9B · 6,935
Wesco Distribution, Inc. Retirement Savings Plan (PA) $1.9B · 13,161
Factory Mutual Insurance Company 401(k) Savings Plan (RI) $1.9B · 4,005
Open Text, Inc. 401(k) Plan (CA) $1.9B · 3,767

Frequently Asked Questions

How did Sedgwick 401(k) Savings Plan assets move in 2024? ▼

Sedgwick 401(k) Savings Plan grew at a solid clip - up 10.8% during 2024, from $1.7B to $1.9B. Reported net income was $186M.

How have Sedgwick Claims Management Services, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Sedgwick Claims Management Services, Inc.'s sponsor-wide assets grew 29.7%, from $1.5B to $2.0B.

Where does Sedgwick 401(k) Savings Plan rank by assets among Form 5500 filers? ▼

Sedgwick 401(k) Savings Plan ranks in the 99th percentile by end-of-year assets among 116,472 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 Sedgwick 401(k) Savings Plan? ▼

Among 401(k) plans in other states, the closest by assets is Broadridge Financial Solutions, Inc. Retirement Savings Plan in NJ ($1.9B, 6,935 participants).

Next read for Sedgwick 401(k) Savings Plan

Filing takeaways

Ways to act on Sedgwick 401(k) Savings Plan's numbers.

By total assets, Sedgwick 401(k) 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 Tennessee. Compare plans
Sedgwick Claims Management Services, Inc.'s sponsor-wide assets have grown 29.7% since 2022 across 3 plan years on file. More Finance & Insurance plans

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 362685608.

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.