State retirement profile · Form 5500

Retirement Plans in Ohio

According to DOL Form 5500 filings (plan year 2024), employer-sponsored 401(k), pension, and other retirement plans headquartered in Ohio report the totals below.

Data updated 2026-08-06

4,840
Plans
$451.7B
Total assets
#8
By assets

$451.7B across 4,840 plans

According to DOL Form 5500 filings (plan year 2024), Ohio has 4,840 employer-sponsored retirement plans holding $451.7B in total assets for 3,808,688 participants, ranking 8th nationally by plan assets, with 73% structured as 401(k)s and an average of $93M per plan.

  • 8th nationally by plan assets
  • 73% 401(k) plans

The state in one line

Ohio hosts 4,840 employer-sponsored retirement plans holding $451.7B for 3,808,688 participants, the 8th-largest state by plan assets.

$451.7B
total plan assets
4,840
employer plans
$118,593
avg assets per participant
73%
of plans are 401(k)s
401(k) Plans
3,545
Participants
3,808,688

What the Form 5500 Data Shows for Ohio

Ohio: 4,840 employer-sponsored plans (3,545 401(k)), $451.7B aggregate assets, 3,808,688 participants. Average plan: $93M; largest is Procter & Gamble Profit Sharing Trust & Employee Stock Ownership Plan at $22.0B. Leading sector by assets: Manufacturing (44%). These figures aggregate the 4,840 Form 5500 filings Ohio sponsors submitted for plan year 2024, counted by sponsor headquarters rather than participant residence; a plan administered in Ohio can cover workers across several states, and the methodology page details that HQ-vs-residence distinction. DOL Form 5500 methodology + HQ-vs-residence caveats →

Manufacturing leads Ohio plan assets (44%)

Among plans headquartered here, Manufacturing accounts for $200.7B across 1,193 filings, ahead of Healthcare & Social Assistance at $51.9B. Sector mix is a Form 5500-derived signal: it reflects where sponsors file from, not where every participant lives.

DOL Form 5500 plan year 2024

Ohio hosts 272 ESOP filings

Employee Stock Ownership Plans here hold $31.2B. ESOP density is uneven across states; when the count clears a meaningful floor, the ESOP ranking and industry pages are the better drill-downs than a 401(k)-only read.

DOL Form 5500 plan year 2024

Where Ohio sits in the Form 5500 corpus

Ohio sits in the top decile of U.S. states by Form 5500 plan assets (#8 of 56), so national rankings and peer comparisons are the useful next read.

DOL Form 5500 plan year 2024

Industry mix in Ohio

Top sectors by Form 5500 plan assets for sponsors headquartered here (plan year 2024).

Industry Plans Assets
Manufacturing 1,193 $200.7B
Healthcare & Social Assistance 624 $51.9B
Finance & Insurance 296 $51.8B
Retail Trade 284 $29.3B
Professional & Technical Services 582 $23.6B

Largest Plans in Ohio

# Plan Name Type Participants Total Assets
1 Procter & Gamble Profit Sharing Trust & Employee Stock Ownership Plan ESOP 33,639 $22.0B
2 GE Aerospace Pension Plan Defined Benefit (Pension) 9,637 $19.0B
3 GE Aerospace Retirement Savings Plan 401(k) 45,620 $14.7B
4 The Kroger Co. 401(k) Retirement Savings Account Plan 401(k) 135,373 $11.8B
5 The Progressive 401(k) Plan 401(k) 62,521 $11.5B
6 The Sherwin-Williams Company 401(k) Plan 401(k) 47,459 $10.6B
7 Cleveland Clinic Savings and Investment Plan Other 65,407 $9.2B
8 Parker Retirement Savings Plan 401(k) 26,315 $9.0B
9 Eaton Savings Plan 401(k) 24,055 $8.4B
10 Marathon Petroleum Thrift Plan 401(k) 18,199 $8.3B
11 Nationwide Savings Plan 401(k) 24,370 $8.3B
12 Nestle 401(k) Savings Plan 401(k) 30,677 $7.5B
13 Firstenergy Corp. Master Pension Plan Defined Benefit (Pension) 12,187 $6.5B
14 The Procter & Gamble Savings Plan 401(k) 29,629 $5.4B
15 Aep Retirement Savings 401(k) Plan 401(k) 17,531 $5.2B
16 Cardinal Health 401(k) Savings Plan 401(k) 31,275 $4.8B
17 Macys Inc 401(k) Retirement Investment Plan 401(k) 109,553 $4.6B
18 Keycorp 401(k) Savings Plan 401(k) 17,635 $4.1B
19 American Electric Power System Retirement Plan Defined Benefit (Pension) 16,073 $4.1B
20 Cintas Partners' Plan 401(k) 51,470 $4.1B
21 Fifth Third Bancorp 401(k) Savings Plan 401(k) 19,005 $4.0B
22 Firstenergy Corp. Savings Plan 401(k) 12,582 $3.9B
23 Parker Defined Benefit Pension Plan Defined Benefit (Pension) 8,120 $3.5B
24 Nationwide Retirement Plan - Final Average Pay Defined Benefit (Pension) 5,058 $3.5B
25 Swagelok Retirement Savings Plan 401(k) 4,988 $2.9B

Nearby States by Retirement Plan Footprint

States ranked adjacent to Ohio by total retirement plan assets.

Compare Ohio side-by-side with 3 peer states →

Frequently Asked Questions

What is the largest retirement plan headquartered in Ohio? ▼
The largest Form 5500 filing by assets with a headquarters address in Ohio is Procter & Gamble Profit Sharing Trust & Employee Stock Ownership Plan ($22.0B, 33,639 participants).
Which industry leads Ohio retirement plan assets? ▼
Manufacturing leads with $200.7B across 1,193 plans headquartered here (44% of state plan assets).
How does Ohio compare to other states for retirement plans? ▼
Ohio sits in the top decile of U.S. states by Form 5500 plan assets (#8 of 56), so national rankings and peer comparisons are the useful next read.

Next read for Ohio

Industry-mix reading

Ways to act on Ohio's numbers.

  • Ohio ranks 8th nationally by total retirement plan assets. See all state rankings
  • The largest plan headquartered here, Procter & Gamble Profit Sharing Trust & Employee Stock Ownership Plan, holds $22.0B. View largest plan
  • Compare Ohio side-by-side against 3 peer states by assets. Compare states
  • Every figure here comes from a Form 5500 filing, understand what the form covers before drawing conclusions from state totals. How to read a Form 5500

Source: U.S. Department of Labor, EBSA Form 5500 public disclosure dataset. Shows the top 25 plans by total assets headquartered in Ohio, out of 122,942 ERISA-covered plans nationally. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - state is the plan sponsor's headquarters state as recorded on the Form 5500 filing.

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.