State retirement profile · Form 5500

Retirement Plans in Wisconsin

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

Data updated 2026-08-25

2,940
Plans
$231.0B
Total assets
#20
By assets

$231.0B across 2,940 plans

According to DOL Form 5500 filings (plan year 2024), Wisconsin has 2,940 employer-sponsored retirement plans holding $231.0B in total assets for 1,655,555 participants, ranking 20th nationally by plan assets, with 77% structured as 401(k)s and an average of $79M per plan.

  • 20th nationally by plan assets
  • 77% 401(k) plans

The state in one line

Wisconsin hosts 2,940 employer-sponsored retirement plans holding $231.0B for 1,655,555 participants, the 20th-largest state by plan assets.

$231.0B
total plan assets
2,940
employer plans
$139,559
avg assets per participant
77%
of plans are 401(k)s
401(k) Plans
2,268
Participants
1,655,555

What the Form 5500 Data Shows for Wisconsin

Wisconsin: 2,940 employer-sponsored plans (2,268 401(k)), $231.0B aggregate assets, 1,655,555 participants. Average plan: $79M; largest is Advocate Aurora Health 401(k) Plan at $10.5B. Leading sector by assets: Manufacturing (37%). These figures aggregate the 2,940 Form 5500 filings Wisconsin sponsors submitted for plan year 2024, counted by sponsor headquarters rather than participant residence; a plan administered in Wisconsin 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 Wisconsin plan assets (37%)

Among plans headquartered here, Manufacturing accounts for $85.4B across 851 filings, ahead of Healthcare & Social Assistance at $33.9B. 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

Wisconsin hosts 206 ESOP filings

Employee Stock Ownership Plans here hold $10.8B. 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 Wisconsin sits in the Form 5500 corpus

Wisconsin ranks in the upper half by plan assets (#20 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

Wisconsin's place in the national asset distribution

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

$231,047,610,000 Top 34% higher than 66% of 56 states with reported plan assets

Wisconsin $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

Wisconsin's retirement-plan mix

1. 401(k)2,2682. Profit Sharing2103. ESOP2064. Defined Benefit (Pension)1535. Other77
The five most common Form 5500 plan types among sponsors headquartered in Wisconsin. 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 Wisconsin

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

Industry Plans Assets
Manufacturing 851 $85.4B
Healthcare & Social Assistance 390 $33.9B
Finance & Insurance 223 $30.0B
Professional & Technical Services 261 $17.4B
Construction 204 $15.9B

Largest Plans in Wisconsin

# Plan Name Type Participants Total Assets
1 Advocate Aurora Health 401(k) Plan 401(k) 80,015 $10.5B
2 Johnson Controls Retirement Savings and Investment Plan 401(k) 28,489 $7.2B
3 Fiserv 401(k) Savings Plan 401(k) 26,372 $5.1B
4 Kimberly-Clark Corporation 401(k) & Profit Sharing Plan 401(k) 11,661 $5.0B
5 Rockwell Automation Retirement Savings Plan 401(k) 9,217 $3.8B
6 Schreiber Foods, Inc Employee Stock Ownership Plan ESOP 6,519 $3.8B
7 Building Trades United Pension Trust Fund Milwaukee and Vicinity Defined Benefit (Pension) 10,236 $3.5B
8 The Northwestern Mutual Employee Retirement Plan Defined Benefit (Pension) 8,254 $3.3B
9 Epic Systems Corporation 401(k) Plan 401(k) 13,955 $2.9B
10 The Northwestern Mutual Employee Savings Plan 401(k) 8,232 $2.9B
11 Gundersen Lutheran Employees' Retirement Plan 401(k) 9,492 $2.9B
12 The Medical College of Wisconsin, Inc. Retirement Plan Other 6,796 $2.6B
13 Kohl's Inc. Savings Plan 401(k) 57,844 $2.3B
14 Cnh Industrial U.S. Retirement Savings Plan 401(k) 10,601 $2.3B
15 American Family 401(k) Plan 401(k) 12,720 $2.2B
16 Baird Profit Sharing & Savings Plan 401(k) 5,148 $2.2B
17 Froedtert Health, Inc. 403(b) Plan Other 15,736 $2.2B
18 Molson Coors Employees' Retirement and Savings Plan 401(k) 5,499 $2.1B
19 Credit Union Retirement Plan Association 401(k) Plan 401(k) 19,717 $2.1B
20 Quad/Graphics Diversified Plan 401(k) 9,601 $2.1B
21 The Northwestern Mutual Life Insurance Company Agents Retirement Plan Defined Benefit (Pension) 7,653 $2.1B
22 Oshkosh Corporation and Affiliates Tax-Deferred Investment Plan 401(k) 12,511 $2.0B
23 Wec Energy Group Employee Retirement Savings Plan 401(k) 3,645 $2.0B
24 Sentry 401(k) Plan 401(k) 4,565 $1.9B
25 Harley-Davidson Retirement Plan Defined Benefit (Pension) 1,414 $1.9B

Nearby States by Retirement Plan Footprint

States ranked adjacent to Wisconsin by total retirement plan assets.

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

Nationwide states with similar retirement plan scale

Two DOL Form 5500-derived peer sets for Wisconsin, 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 (2,940 here).

Minnesota 2,865 plans Colorado 2,719 plans Washington 2,612 plans Maryland 2,484 plans

Similar total assets

Nearest other states by aggregate plan assets ($231.0B here).

Missouri $232.3B Tennessee $233.1B District of Columbia $154.1B Indiana $150.5B

Frequently Asked Questions

What is the largest retirement plan headquartered in Wisconsin? ▼
The largest Form 5500 filing by assets with a headquarters address in Wisconsin is Advocate Aurora Health 401(k) Plan ($10.5B, 80,015 participants).
Which industry leads Wisconsin retirement plan assets? ▼
Manufacturing leads with $85.4B across 851 plans headquartered here (37% of state plan assets).
How does Wisconsin compare to other states for retirement plans? ▼
Wisconsin ranks in the upper half by plan assets (#20 of 56). Its totals are large enough for industry-mix and largest-plan concentration to matter more than the headline alone.

Next read for Wisconsin

Industry-mix reading

Ways to act on Wisconsin's numbers.

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