State retirement profile · Form 5500

Retirement Plans in Connecticut

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

Data updated 2026-08-25

1,906
Plans
$326.8B
Total assets
#15
By assets

$326.8B across 1,906 plans

According to DOL Form 5500 filings (plan year 2024), Connecticut has 1,906 employer-sponsored retirement plans holding $326.8B in total assets for 1,367,693 participants, ranking 15th nationally by plan assets, with 70% structured as 401(k)s and an average of $171M per plan.

  • 15th nationally by plan assets
  • 70% 401(k) plans

The state in one line

Connecticut hosts 1,906 employer-sponsored retirement plans holding $326.8B for 1,367,693 participants, the 15th-largest state by plan assets.

$326.8B
total plan assets
1,906
employer plans
$238,977
avg assets per participant
70%
of plans are 401(k)s
401(k) Plans
1,329
Participants
1,367,693

What the Form 5500 Data Shows for Connecticut

Connecticut: 1,906 employer-sponsored plans (1,329 401(k)), $326.8B aggregate assets, 1,367,693 participants. Average plan: $171M; largest is Rtx Savings Plan at $58.6B. Leading sector by assets: Manufacturing (44%). These figures aggregate the 1,906 Form 5500 filings Connecticut sponsors submitted for plan year 2024, counted by sponsor headquarters rather than participant residence; a plan administered in Connecticut can cover workers across several states, and the methodology page details that HQ-vs-residence distinction. DOL Form 5500 methodology + HQ-vs-residence caveats →

Rtx Savings Plan accounts for 17.9% of all Connecticut retirement plan assets

That concentration means Connecticut-wide averages can mask substantial variation outside the dominant entity. Rtx Corporation sponsors the filing; drill into the plan page for schedules and audit detail. When one entity dominates a region's footprint, its programmatic and budget decisions effectively set policy for a majority of participants counted in this state total.

DOL Form 5500 plan year 2024

Manufacturing leads Connecticut plan assets (44%)

Among plans headquartered here, Manufacturing accounts for $145.3B across 335 filings, ahead of Finance & Insurance at $65.1B. 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

Connecticut still carries a measurable defined-benefit footprint

165 defined-benefit / pension filings (9% of plans here) hold $103.2B. That share is high enough to keep pension-vs-401(k) comparisons useful for this state, not just national averages.

DOL Form 5500 plan year 2024

Where Connecticut sits in the Form 5500 corpus

Connecticut ranks in the upper half by plan assets (#15 of 56). Its totals are large enough for industry-mix and largest-plan concentration to matter more than the headline alone.

DOL Form 5500 plan year 2024

Connecticut's place in the national asset distribution

All states with reported Form 5500 plan assets · plan year 2024

$326,847,041,732 Top 25% higher than 75% of 56 states with reported plan assets

Connecticut $0 $1,324,371,844,360 state retirement-plan assets, bucketed by value

Dashed line + filled bar = this entry, among states with reported plan assets.

Source U.S. Department of Labor, EBSA Form 5500 public disclosure dataset · plan year 2024

Connecticut's retirement-plan mix

1. 401(k)1,3292. Profit Sharing1953. Defined Benefit (Pension)1654. Other1475. ESOP46
The five most common Form 5500 plan types among sponsors headquartered in Connecticut. This count describes filings, not participants or assets.

Source: U.S. Department of Labor, EBSA Form 5500 public disclosure dataset · plan year 2024.

Industry mix in Connecticut

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

Industry Plans Assets
Manufacturing 335 $145.3B
Finance & Insurance 181 $65.1B
Healthcare & Social Assistance 281 $21.0B
Educational Services 95 $18.6B
Information & Media 50 $15.2B

Largest Plans in Connecticut

# Plan Name Type Participants Total Assets
1 Rtx Savings Plan 401(k) 124,876 $58.6B
2 Rtx Consolidated Pension Plan Defined Benefit (Pension) 36,180 $41.6B
3 Citi Retirement Savings Plan 401(k) 78,741 $23.2B
4 The Citigroup Pension Plan Defined Benefit (Pension) 15,906 $10.0B
5 Yale University Retirement Account Plan Other 13,197 $8.3B
6 The Hartford Investment and Savings Plan 401(k) 18,614 $7.2B
7 Eversource Pension Plan Defined Benefit (Pension) 3,428 $5.8B
8 Retirement Plan for Employees of Aetna Inc. Defined Benefit (Pension) 9,682 $5.2B
9 Eversource 401(k) Plan 401(k) 10,041 $4.0B
10 Xerox Corporation Savings Plan 401(k) 9,876 $4.0B
11 The Hartford Retirement Plan for U.S. Employees Defined Benefit (Pension) 7,034 $3.4B
12 Boehringer Ingelheim USA Corporation & Its Affiliates Retirement Savings Plan 401(k) 8,641 $3.1B
13 Linde Retirement Savings Plan 401(k) 11,201 $2.9B
14 Frontier Communications 401(k) Savings Plan 401(k) 12,125 $2.9B
15 Frontier Communications Pension Plan Defined Benefit (Pension) 15,141 $2.9B
16 Hartford Healthcare 401(k) Retirement Plan 401(k) 27,517 $2.9B
17 Frontier Communications Pension Plan Defined Benefit (Pension) 11,190 $2.8B
18 Gartner Inc. Savings and Investment Plan 401(k) 10,650 $2.7B
19 Frontier Communications Pension Plan Defined Benefit (Pension) 13,220 $2.6B
20 Avangrid 401(k) Plan 401(k) 8,011 $2.6B
21 Stanley Black & Decker Retirement Account Plan 401(k) 18,386 $2.5B
22 Frontier Communications Pension Plan Defined Benefit (Pension) 8,761 $2.4B
23 Henkel 401(k) and Defined Contribution Plan 401(k) 7,122 $2.4B
24 Yale-New Haven Hospital and Tax Exempt Affiliates Tax Sheltered Annuity Plan Other 22,447 $2.3B
25 W.R. Berkley Corporation Profit Sharing Plan 401(k) 6,103 $2.3B

Nearby States by Retirement Plan Footprint

States ranked adjacent to Connecticut by total retirement plan assets.

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

Nationwide states with similar retirement plan scale

Two DOL Form 5500-derived peer sets for Connecticut, each a different nationwide metric so the neighborhoods are not geographic containment (the asset-ranked nearby list above stays regional).

Similar plan count

Nearest other states by reported employer plan filings (1,906 here).

Puerto Rico 1,924 plans Oregon 1,736 plans Alabama 1,591 plans Missouri 2,297 plans

Similar total assets

Nearest other states by aggregate plan assets ($326.8B here).

Florida $313.0B Maryland $304.0B North Carolina $357.4B Georgia $415.5B

Frequently Asked Questions

What is the largest retirement plan headquartered in Connecticut? ▼
The largest Form 5500 filing by assets with a headquarters address in Connecticut is Rtx Savings Plan ($58.6B, 124,876 participants).
How concentrated are Connecticut retirement plan assets? ▼
Rtx Savings Plan alone accounts for about 18% of the state's Form 5500 plan assets in plan year 2024. State averages can mask that concentration.
Which industry leads Connecticut retirement plan assets? ▼
Manufacturing leads with $145.3B across 335 plans headquartered here (44% of state plan assets).
How does Connecticut compare to other states for retirement plans? ▼
Connecticut ranks in the upper half by plan assets (#15 of 56). Its totals are large enough for industry-mix and largest-plan concentration to matter more than the headline alone.

Next read for Connecticut

Concentration reading

Ways to act on Connecticut's numbers.

Source: U.S. Department of Labor, EBSA Form 5500 public disclosure dataset. Shows the top 25 plans by total assets headquartered in Connecticut, out of 130,145 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.