$502.4B across 2,612 plans
According to DOL Form 5500 filings (plan year 2024), Washington has 2,612 employer-sponsored retirement plans holding $502.4B in total assets for 3,856,163 participants, ranking 7th nationally by plan assets, with 79% structured as 401(k)s and an average of $192M per plan.
- 7th nationally by plan assets
- 79% 401(k) plans
The state in one line
Washington hosts 2,612 employer-sponsored retirement plans holding $502.4B for 3,856,163 participants, the 7th-largest state by plan assets.
- $502.4B
- total plan assets
- 2,612
- employer plans
- $130,276
- avg assets per participant
- 79%
- of plans are 401(k)s
What the Form 5500 Data Shows for Washington
Washington: 2,612 employer-sponsored plans
(2,056 401(k)), $502.4B aggregate assets,
3,856,163 participants.
Average plan: $192M; largest is The Boeing Company 401(k) Retirement Plan at $73.9B.
Leading sector by assets: Manufacturing (29%). These figures aggregate the 2,612 Form 5500 filings Washington sponsors submitted for plan year 2024, counted by sponsor headquarters rather than participant residence; a plan administered in Washington 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 Washington plan assets (29%)
Among plans headquartered here, Manufacturing accounts for $148.1B across 366 filings, ahead of Information & Media at $76.9B. 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
Washington hosts 100 ESOP filings
Employee Stock Ownership Plans here hold $5.0B. 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 Washington sits in the Form 5500 corpus
Washington sits in the top decile of U.S. states by Form 5500 plan assets (#7 of 56), so national rankings and peer comparisons are the useful next read.
DOL Form 5500 plan year 2024
Source: U.S. Department of Labor, EBSA Form 5500 public disclosure dataset. Shows the top 25 plans by total assets headquartered in Washington, 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.