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 2026-08-25

5,089
Plans
$472.1B
Total assets
#8
By assets

$472.1B across 5,089 plans

According to DOL Form 5500 filings (plan year 2024), Ohio has 5,089 employer-sponsored retirement plans holding $472.1B in total assets for 3,892,633 participants, ranking 8th nationally by plan assets, with 72% structured as 401(k)s and an average of $93M per plan.

  • 8th nationally by plan assets
  • 72% 401(k) plans

The state in one line

Ohio hosts 5,089 employer-sponsored retirement plans holding $472.1B for 3,892,633 participants, the 8th-largest state by plan assets.

$472.1B
total plan assets
5,089
employer plans
$121,276
avg assets per participant
72%
of plans are 401(k)s
401(k) Plans
3,671
Participants
3,892,633

What the Form 5500 Data Shows for Ohio

Ohio: 5,089 employer-sponsored plans (3,671 401(k)), $472.1B aggregate assets, 3,892,633 participants. Average plan: $93M; largest is Procter & Gamble Profit Sharing Trust & Employee Stock Ownership Plan at $22.0B. Leading sector by assets: Manufacturing (43%). These figures aggregate the 5,089 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 (43%)

Among plans headquartered here, Manufacturing accounts for $203.1B across 1,256 filings, ahead of Finance & Insurance at $53.1B. 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

Ohio hosts 290 ESOP filings

Employee Stock Ownership Plans here hold $32.2B. 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

Ohio's place in the national asset distribution

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

$472,082,114,824 Top 12% higher than 88% of 56 states with reported plan assets

Ohio $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

Ohio's retirement-plan mix

1. 401(k)3,6712. Profit Sharing5253. Defined Benefit (Pension)3144. ESOP2905. Other231
The five most common Form 5500 plan types among sponsors headquartered in Ohio. 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 Ohio

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

Industry Plans Assets
Manufacturing 1,256 $203.1B
Finance & Insurance 306 $53.1B
Healthcare & Social Assistance 657 $52.2B
Retail Trade 302 $30.3B
Professional & Technical Services 605 $29.5B

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 Ohio Operating Engineers Pension Plan Defined Benefit (Pension) 10,387 $3.9B
23 Firstenergy Corp. Savings Plan 401(k) 12,582 $3.9B
24 Parker Defined Benefit Pension Plan Defined Benefit (Pension) 8,120 $3.5B
25 Nationwide Retirement Plan - Final Average Pay Defined Benefit (Pension) 5,058 $3.5B

Nearby States by Retirement Plan Footprint

States ranked adjacent to Ohio by total retirement plan assets.

Nationwide states with similar retirement plan scale

Two DOL Form 5500-derived peer sets for Ohio, 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 (5,089 here).

Similar total assets

Nearest other states by aggregate plan assets ($472.1B here).

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 $203.1B across 1,256 plans headquartered here (43% 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.

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 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.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.