401(k) · DOL Form 5500 · 2024

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

Data updated 2026-08-25

$1.9B
Total assets Very large vs avg
25,842
Participants Very large workforce
99th
Percentile by assets National rank
$74,073
Avg per participant Below avg balance/head
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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.

  • #8,407 in Finance & Insurance (8,549 peers)

Coverage in Tennessee

Sedgwick 401(k) Savings Plan covers 25,842 participants in Tennessee, 23x the typical Tennessee plan (state average ~1,126 per filing). Assets: $1.9B.

#8,407
in Finance & Insurance (8,549 peers)
+10.8%
assets growth YoY
19×
vs typical plan assets (national mean)

Sedgwick 401(k) Savings Plan's outsized position by total assets

Sedgwick 401(k) Savings Plan vs every filed plan by assets

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

$1,914,186,828 Top 1% higher than 99% 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

Sedgwick 401(k) Savings Plan'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. Sedgwick 401(k) Savings Plan is a mega filing (25,842 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • 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 →

DOL schedule card

Filing strip 362685608 · Sedgwick Claims Management Services, Inc. PY 2024 · 401(k)

Sedgwick 401(k) Savings Plan · $1.9B · 25,842 · 99th

  • RANK $1.9B
  • PHOTO 25,842
  • IND 99th
  • EOY 401(k)
  • 5500 near Broadridge Financial Solutions, Inc. Retirement Savings Plan
  • ASSETS ind #8407

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 Finance & Insurance retirement plans → · Plans in Tennessee →

Sedgwick 401(k) Savings Plan in the asset neighbourhood

Broadridge Financial Solutions, Inc. Retirement Savings PlanBroadridge Financial Solutio…$1.9BWesco Distribution, Inc. Retirement Savings PlanWesco Distribution, Inc. Ret…$1.9BFactory Mutual Insurance Company 401(k) Savings PlanFactory Mutual Insurance Com…$1.9BSedgwick 401(k) Savings Plan$1.9BOpen Text, Inc. 401(k) Plan$1.9B
End-of-year total assets ($B) among Sedgwick 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Tennessee filing particulars

Total Assets (Beginning of Year)$1.7B
Net Assets (End of Year)$1.9B
Net Income$186M
Employer EIN362685608
Plan Effective Date1999-11-01
Filing StatusFILING RECEIVED

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

Sponsor-wide plan assets over time

All Sedgwick Claims Management Services, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$2.0B 29.675859145898396% vs 2022
2024 filing year
$1.4B$1.6B$1.8B$2B$2.2B 202220232024 $1.53B $1.98B ▲ +29.4%
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 Scatter plot of 6 data points. -1000000100000200000300000400000 0102030 Total assets ($B) Participants Sedgwick 401(k) Savings Plan, Total assets ($B): 1.914186828 · Participants: 25842Sedgwick 401(k) Savings PlanFedex Corporation Retirement Savings Plan, Total assets ($B): 25.378065969 · Participants: 113079Fedex Corporation Retirement Savings PlanHca 401(k) Plan, Total assets ($B): 23.821303026 · Participants: 307086Hca 401(k) PlanFederal Express Corporation Pilots Retirement Savings Plan, Total assets ($B): 5.306930367 · Participants: 5830Federal Express Corporation Pilots Retirement Savings PlanInternational Paper Company Salaried Savings Plan, Total assets ($B): 4.993858777 · Participants: 12564International Paper Company Salaried Savings PlanChs/Community Health Systems, Inc. Retirement Savings Plan, Total assets ($B): 4.778242011 · Participants: 59441Chs/Community Health Systems, Inc. Retirement Savings Plan
Sedgwick 401(k) Savings Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants
Compare Sedgwick 401(k) Savings Plan side-by-side with 3 peers →

Scale composition for Sedgwick 401(k) Savings Plan

Sedgwick 401(k) Savings Plan reports $1.9B in end-of-year assets across 25,842 participants (0.016% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.028% of 93,925,755 covered participants) - about $74,073 per participant (54% of the national average assets-per-participant) . Net income for plan year 2024 was $186M.

This plan identity (EIN 362685608, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.5B to $1.9B (+30.5%) while covered participants moved from 23,471 to 25,842 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 23,471 $1.5B Open filing
2023 24,537 $1.7B Open filing
2024 · index core 25,842 $1.9B This page

Sedgwick 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Tennessee, the nearest 401(k) by assets is Broadridge Financial Solutions, Inc. Retirement Savings Plan in NJ ($1.9B); by covered participants it is Omnicom Group Retirement Savings Plan in NY (25,936 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (25,842 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 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 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 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).
Which 401(k) plans cover a similar participant headcount to Sedgwick 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Omnicom Group Retirement Savings Plan in NY (25,936 participants, $4.5B 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 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.