State retirement profile · Form 5500

Retirement Plans in Vermont

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

Data updated 2026-08-25

327
Plans
$11.5B
Total assets
#49
By assets

$11.5B across 327 plans

According to DOL Form 5500 filings (plan year 2024), Vermont has 327 employer-sponsored retirement plans holding $11.5B in total assets for 79,972 participants, ranking 49th nationally by plan assets, with 65% structured as 401(k)s and an average of $35M per plan.

  • 49th nationally by plan assets
  • 65% 401(k) plans

The state in one line

Vermont hosts 327 employer-sponsored retirement plans holding $11.5B for 79,972 participants, the 49th-largest state by plan assets.

$11.5B
total plan assets
327
employer plans
$143,534
avg assets per participant
65%
of plans are 401(k)s
401(k) Plans
213
Participants
79,972

What the Form 5500 Data Shows for Vermont

Vermont: 327 employer-sponsored plans (213 401(k)), $11.5B aggregate assets, 79,972 participants. Average plan: $35M; largest is The University of Vermont Medical Center 403(b) Plan at $2.2B. Leading sector by assets: Healthcare & Social Assistance (32%). These figures aggregate the 327 Form 5500 filings Vermont sponsors submitted for plan year 2024, counted by sponsor headquarters rather than participant residence; a plan administered in Vermont can cover workers across several states, and the methodology page details that HQ-vs-residence distinction. DOL Form 5500 methodology + HQ-vs-residence caveats →

The University of Vermont Medical Center 403(b) Plan accounts for 19.3% of all Vermont retirement plan assets

That concentration means Vermont-wide averages can mask substantial variation outside the dominant entity. The University of Vermont Health Network 403b) Retirement Savings Plan 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

Healthcare & Social Assistance leads Vermont plan assets (32%)

Among plans headquartered here, Healthcare & Social Assistance accounts for $3.7B across 57 filings, ahead of Educational Services at $1.7B. 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

Vermont hosts 30 ESOP filings

Employee Stock Ownership Plans here hold $1.3B. 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 Vermont sits in the Form 5500 corpus

Vermont is a smaller Form 5500 host by plan assets (#49 of 56). A single large sponsor can move the state total; read the largest-plan share before treating the average as typical.

DOL Form 5500 plan year 2024

Vermont's place in the national asset distribution

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

$11,478,686,458 14th percentile higher than 14% of 56 states with reported plan assets

Vermont $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

Vermont's retirement-plan mix

1. 401(k)2132. Other373. ESOP304. Profit Sharing285. Defined Benefit (Pension)15
The five most common Form 5500 plan types among sponsors headquartered in Vermont. 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 Vermont

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

Industry Plans Assets
Healthcare & Social Assistance 57 $3.7B
Educational Services 19 $1.7B
Finance & Insurance 22 $1.1B
Manufacturing 54 $875M
Information & Media 7 $815M

Largest Plans in Vermont

# Plan Name Type Participants Total Assets
1 The University of Vermont Medical Center 403(b) Plan 401(k) 12,486 $2.2B
2 Vermont Information Processing, Inc. Employee Stock Ownership Plan ESOP 566 $676M
3 Middlebury College Core Retirement Plan Money Purchase 1,500 $574M
4 National Life Group 401(k) Plan 401(k) 1,397 $335M
5 King Arthur Employee Stock Ownership Plan ESOP 320 $328M
6 Middlebury College Voluntary Retirement Plan Other 1,028 $312M
7 National Life Group Pension Plan for Employees Defined Benefit (Pension) 726 $309M
8 Rutland Regional Health Services Retirement Savings Plan Other 1,695 $289M
9 Green Mountain Power Corporation Employee Savings and Investment Plan and Trust 401(k) 520 $243M
10 Norwich University Defined Contribution Retirement Plan Other 1,061 $176M
11 Husky Retirement Savings 401(k) 534 $175M
12 Casella Waste Systems 401(k) Plan 401(k) 3,488 $161M
13 Incentive Retirement Plan for Employees of PC Construction Company 401(k) 461 $160M
14 Employees' Retirement Plan of Green Mountain Power Corporation Defined Benefit (Pension) 214 $149M
15 Downs Rachlin Martin Retirement Plan 401(k) 116 $120M
16 Champlain College Defined Contribution Retirement Plan Other 463 $116M
17 Retirement Plan for Employees of Howardcenter Profit Sharing 1,261 $110M
18 The Orvis Company 401(k) Plan 401(k) 1,590 $105M
19 Cfc ESOP ESOP 431 $98M
20 Retirement Plan for Employees of Saint Michael's College 401(k) 892 $97M
21 Mack Molding Company Employee Savings and Profit Sharing Plan 401(k) 1,642 $97M
22 World Learning, Inc. Retirement Plan Other 446 $96M
23 Northwestern Medical Center, Inc. 403(b) Plan Other 731 $93M
24 Bcbs of Vermont 401(k) Retirement Program 401(k) 416 $93M
25 Burton 401(k) Incentive Savings Plan 401(k) 495 $87M

Nearby States by Retirement Plan Footprint

States ranked adjacent to Vermont by total retirement plan assets.

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

Nationwide states with similar retirement plan scale

Two DOL Form 5500-derived peer sets for Vermont, 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 (327 here).

South Dakota 321 plans North Dakota 359 plans Alaska 275 plans West Virginia 380 plans

Similar total assets

Nearest other states by aggregate plan assets ($11.5B here).

Montana $10.3B Puerto Rico $13.1B Mississippi $15.9B Wyoming $1.9B

Frequently Asked Questions

What is the largest retirement plan headquartered in Vermont? ▼
The largest Form 5500 filing by assets with a headquarters address in Vermont is The University of Vermont Medical Center 403(b) Plan ($2.2B, 12,486 participants).
How concentrated are Vermont retirement plan assets? ▼
The University of Vermont Medical Center 403(b) Plan alone accounts for about 19% of the state's Form 5500 plan assets in plan year 2024. State averages can mask that concentration.
Which industry leads Vermont retirement plan assets? ▼
Healthcare & Social Assistance leads with $3.7B across 57 plans headquartered here (32% of state plan assets).
How does Vermont compare to other states for retirement plans? ▼
Vermont is a smaller Form 5500 host by plan assets (#49 of 56). A single large sponsor can move the state total; read the largest-plan share before treating the average as typical.

Next read for Vermont

Concentration reading

Ways to act on Vermont's numbers.

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