401(k) · DOL Form 5500 · 2024
The Charles Schwab Corporation 401(k) Plan
Data updated 2026-07-24
- $8.9B
- Total assets
- 34,452
- Participants
- 100th
- Percentile by assets
- $259,263
- Avg per participant
Official DOL plan name: Schwabplan Retirement Savings and Investment Plan · Sponsored by The Charles Schwab Corporation · Texas · Finance & Insurance
$8.9B in assets, 34,452 participants
The Charles Schwab Corporation's Schwabplan Retirement Savings and Investment Plan reported $8.9B in total assets and 34,452 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.
- 100th percentile by assets (of 116,472 plans)
Coverage in Texas
Schwabplan Retirement Savings and Investment Plan covers 34,452 participants in Texas, 49x the typical Texas plan (state average ~704 per filing). Assets: $8.9B.
- $8.9B
- total plan assets (2024 EOY)
- 34,452
- covered participants
- 100th
- percentile by assets (of 116,472 plans)
- $259,263
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Schwabplan Retirement Savings and Investment Plan reported net income fell from $1.3B in the plan year 2023 filing to $981M in the plan year 2024 filing.
- Schwabplan Retirement Savings and Investment Plan end-of-year assets rose from $8.0B in the plan year 2023 filing to $8.9B in the plan year 2024 filing.
- Schwabplan Retirement Savings and Investment Plan reported participants rose from 34,259 in the plan year 2023 filing to 34,452 in the plan year 2024 filing.
Participants vs Texas filers
In Texas, the average filing covers about 704 participants across 9,718 plans. Schwabplan Retirement Savings and Investment Plan reports 34,452 participants - 49x that state average ($8.9B EOY assets).
Texas filing particulars
| Total Assets (Beginning of Year) | $8.0B |
|---|---|
| Net Assets (End of Year) | $8.9B |
| Net Income | $981M |
| Employer EIN | 943025021 |
| Plan Effective Date | 1983-10-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (The Charles Schwab Corporation)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 31,841 | $6.6B |
| 2023 | 1 | 34,259 | $8.0B |
| 2024 | 1 | 34,452 | $8.9B |
Nearby 401(k) Plans in Texas
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Schwabplan Retirement Savings and Investment Plan vs. nearby 401(k) plans in Texas, assets vs. participants
- AT&T Retirement Savings Plan $43.1B · 109,889
- Exxonmobil Savings Plan $23.7B · 21,990
- Chevron Employee Savings Investment Plan $20.4B · 21,505
- Caterpillar 401(k) Savings Plan $18.8B · 43,873
- Southwest Airlines Co. Retirement Savings Plan $17.0B · 67,820
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Schwabplan Retirement Savings and Investment Plan by total assets, not by location.
- The Cargill Partnership Plan (MN) $8.9B · 29,292
- Charter Communications, Inc. 401(k) Savings Plan (NC) $8.9B · 102,013
- Parker Retirement Savings Plan (OH) $9.0B · 26,315
- Commonspirit Health 401(k) Retirement Savings Plan (KY) $8.8B · 90,345
Frequently Asked Questions
How did Schwabplan Retirement Savings and Investment Plan assets move in 2024? ▼
How have The Charles Schwab Corporation plan assets changed over time? ▼
Where does Schwabplan Retirement Savings and Investment Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Schwabplan Retirement Savings and Investment Plan? ▼
Next read for Schwabplan Retirement Savings and Invest…
Filing takeaways
Ways to act on Schwabplan Retirement Savings and Investment Plan's numbers.
- By total assets, Schwabplan Retirement Savings and Investment 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 Texas. Compare plans
- The Charles Schwab Corporation's sponsor-wide assets have grown 34.9% 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 943025021.
Read our methodology - how this data is sourced, computed, and verified.