401(k) · DOL Form 5500 · 2024

Justworks Employment Group, LLC 401(k) Plan

Data updated 2026-08-25

$3.9B
Total assets Very large vs avg
135,415
Participants Very large workforce
100th
Percentile by assets National rank
$29,079
Avg per participant Low balance/head
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Official DOL plan name: Justworks Retirement Savings Plan · Sponsored by Justworks Employment Group, LLC · New York · Professional & Technical Services

$3.9B in assets, 135,415 participants

Justworks Employment Group, LLC's Justworks Retirement Savings Plan reported $3.9B in total assets and 135,415 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.

  • #20,137 in Professional & Technical Services (20,173 peers)

Coverage in New York

Justworks Retirement Savings Plan covers 135,415 participants in New York, 170x the typical New York plan (state average ~798 per filing). Assets: $3.9B.

#20,137
in Professional & Technical Services (20,173 peers)
+33.6%
assets growth YoY
40×
vs typical plan assets (national mean)

Justworks Retirement Savings Plan's outsized position by total assets

Justworks Retirement Savings Plan vs every filed plan by assets

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

$3,937,775,722 Highest reported value at or above every one 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

Justworks Retirement 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. Justworks Retirement Savings Plan is a mega filing (135,415 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Justworks Retirement Savings Plan reported participants rose from 79,355 in the plan year 2023 filing to 135,415 in the plan year 2024 filing.
  • Justworks Retirement Savings Plan end-of-year assets rose from $2.9B in the plan year 2023 filing to $3.9B in the plan year 2024 filing.
  • Justworks Retirement Savings Plan reported net income fell from $1.0B in the plan year 2023 filing to $1.0B in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 462283648 · Justworks Employment Group, LLC PY 2024 · 401(k)

Justworks Retirement Savings Plan · $3.9B · 135,415 · 100th

  • PHOTO $3.9B
  • IND 135,415
  • EOY 100th
  • 5500 401(k)
  • ASSETS near Siemens Energy, Inc. Savings Plan
  • PCT ind #20137

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 Professional & Technical Services retirement plans → · Plans in New York →

Justworks Retirement Savings Plan in the asset neighbourhood

Xerox Corporation Savings PlanXerox Corporation Savings Pl…$4.0BSiemens Energy, Inc. Savings PlanSiemens Energy, Inc. Savings…$4.0BJustworks Retirement Savings PlanJustworks Retirement Savings…$3.9BThe 401(k) Plan$3.9BFirstenergy Corp. Savings PlanFirstenergy Corp. Savings Pl…$3.9B
End-of-year total assets ($B) among Justworks Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

New York filing particulars

Total Assets (Beginning of Year)$2.9B
Net Assets (End of Year)$3.9B
Net Income$1.0B
Employer EIN462283648
Plan Effective Date2014-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Justworks Employment Group, LLC)

Sponsor-wide plan assets over time

All Justworks Employment Group, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$3.9B 103.81879912778018% vs 2022
2024 filing year
$1B$2B$3B$4B$5B 202220232024 $1.93B $3.94B ▲ +104.1%
Year Plans Participants Total Assets
2022 1 64,005 $1.9B
2023 1 79,355 $2.9B
2024 1 135,415 $3.9B

Nearby 401(k) Plans in New York

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

Justworks Retirement Savings Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. 050000100000150000 020406080 Total assets ($B) Participants Justworks Retirement Savings Plan, Total assets ($B): 3.937775722 · Participants: 135415Justworks Retirement Savings PlanIBM 401(k) Plan, Total assets ($B): 60.39355615 · Participants: 52674IBM 401(k) PlanMorgan Stanley 401(k) Plan, Total assets ($B): 22.180692974 · Participants: 53860Morgan Stanley 401(k) PlanPfizer Savings Plan, Total assets ($B): 21.9871528 · Participants: 33309Pfizer Savings PlanThe Pepsico Savings Plan, Total assets ($B): 14.9369507 · Participants: 137398The Pepsico Savings PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 12.807939404 · Participants: 23227The Goldman Sachs 401(k) Plan
Justworks Retirement Savings Plan vs. nearby 401(k) plans in New York, assets vs. participants

Scale composition for Justworks Retirement Savings Plan

Justworks Retirement Savings Plan reports $3.9B in end-of-year assets across 135,415 participants (0.032% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.14% of 93,925,755 covered participants) - about $29,079 per participant (21% of the national average assets-per-participant) . Net income for plan year 2024 was $1.0B.

This plan identity (EIN 462283648, plan #333) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.9B to $3.9B (+103.8%) while covered participants moved from 64,005 to 135,415 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 64,005 $1.9B Open filing
2023 79,355 $2.9B Open filing
2024 · index core 135,415 $3.9B This page

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

Outside New York, the nearest 401(k) by assets is Siemens Energy, Inc. Savings Plan in FL ($4.0B); by covered participants it is The Kroger Co. 401(k) Retirement Savings Account Plan in OH (135,373 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($3.9B here).

Similar participant headcount

Nearest other-state filings by covered participants (135,415 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 Justworks Retirement Savings Plan assets move in 2024?
Justworks Retirement Savings Plan surged - up 33.6% during 2024, from $2.9B to $3.9B. Reported net income was $1.0B.
How have Justworks Employment Group, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Justworks Employment Group, LLC's sponsor-wide assets grew 103.8%, from $1.9B to $3.9B.
Where does Justworks Retirement Savings Plan rank by assets among Form 5500 filers?
Justworks Retirement Savings Plan ranks in the 100th 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 Justworks Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Siemens Energy, Inc. Savings Plan in FL ($4.0B, 10,564 participants).
Which 401(k) plans cover a similar participant headcount to Justworks Retirement Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is The Kroger Co. 401(k) Retirement Savings Account Plan in OH (135,373 participants, $11.8B in assets).