Profit Sharing Plans
Largest Profit Sharing plans by total assets. Source: DOL Form 5500, 2024 plan year.
What the Data Shows About Profit Sharing Plans
A profit-sharing plan allows employers to make discretionary contributions to employee retirement accounts, typically based on company profitability. This page ranks the 50 largest Profit Sharing plans in the dataset by end-of-year total assets. Together the plans listed here hold $434.0B in aggregate assets and cover 2,031,849 participants, a mix of active employees, separated workers with remaining balances, and retirees receiving benefits.
The largest plan in this category, Wells Fargo & Company 401(k) Plan (Wells Fargo & Company, MN), reports $57.9B in assets with 179,076 participants. Within Profit Sharing plans, size reflects a combination of workforce scale, employer contribution rates, employee deferral rates, and long-term investment performance, not a quality rating. Larger plans often benefit from lower per-participant fees, broader investment menus, and more sophisticated administration, but participant outcomes depend on contribution behavior and investment selection. Ranking tables below link to each plan's detail page for EIN, filing status, effective date, and net income.
All figures come from Form 5500 annual returns for the 2024 plan year, filed with the DOL's EBSA and released through EFAST2. Totals reflect a single year-end snapshot and fluctuate with markets and plan activity. This page is informational only, it summarizes public regulatory filings for research and educational purposes, and is not retirement, tax, legal, or financial advice. Before relying on any figure to evaluate an employer's Profit Sharing plan or make retirement decisions, verify the underlying filing directly on EFAST2 and consult a qualified professional.
| # | Plan Name | Sponsor | State | Participants | Total Assets |
|---|---|---|---|---|---|
| 1 | Wells Fargo & Company 401(k) Plan | Wells Fargo & Company | MN | 179,076 | $57.9B |
| 2 | General Motors Retirement Savings Plan for Salaried Employees in the United States | General Motors LLC | MI | 43,053 | $23.1B |
| 3 | The Teamster - UPS National 401(k) Tax Deferred Savings Plan | Board of Trustees of the Teamsters - UPS 401(k) National Savings Plan | GA | 452,126 | $19.3B |
| 4 | Caterpillar 401(k) Savings Plan | Caterpillar Inc. | TX | 43,873 | $18.8B |
| 5 | Ernst & Young Retirement Savings Plan | Ernst & Young U.S. LLP | NJ | 56,714 | $18.3B |
| 6 | Stanford Contributory Retirement Plan | The Board of Trustees of the Leland Stanford Junior University | CA | 22,753 | $12.6B |
| 7 | The Duke University Faculty and Staff Retirement Plan | Duke University | NC | 48,377 | $11.0B |
| 8 | GE Healthcare Retirement Savings Plan | GE Healthcare Technologies Inc. | IL | 16,216 | $10.5B |
| 9 | Hp Inc. 401(k) Plan | Hp Inc. | TX | 14,722 | $10.3B |
| 10 | The PNC Financial Services Group, Inc. Incentive Savings Plan | The PNC Financial Services Group, Inc. | PA | 54,604 | $10.2B |
| 11 | The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States | General Motors LLC | MI | 42,513 | $9.6B |
| 12 | The Mount Sinai Medical Center 403(b) Retirement Plan | The Mount Sinai Medical Center | NY | 46,826 | $9.5B |
| 13 | The Southern Company Employee Savings Plan | Southern Company Services, Inc. | GA | 27,802 | $9.3B |
| 14 | Cleveland Clinic Savings and Investment Plan | The Cleveland Clinic Foundation | OH | 65,407 | $9.2B |
| 15 | Johns Hopkins University 403(b) Plan | Johns Hopkins University Office of Benefits Services | MD | 25,833 | $8.8B |
| 16 | Hewlett Packard Enterprise 401(k)Plan | Hewlett Packard Enterprise | TX | 15,164 | $8.8B |
| 17 | Yale University Retirement Account Plan | Yale University | CT | 13,197 | $8.3B |
| 18 | Nationwide Savings Plan | Nationwide Mutual Insurance Company | OH | 24,370 | $8.3B |
| 19 | Sutter Health 403(b) Savings Plan | Sutter Health | CA | 54,954 | $7.6B |
| 20 | Washington University Retirement Savings Plan | Washington University in St. Louis | MO | 26,975 | $7.5B |
| 21 | The Hartford Investment and Savings Plan | Hartford Fire Insurance Company | CT | 18,614 | $7.2B |
| 22 | The University of Pennsylvania Matching Plan | Trustees of the University of PA | PA | 22,110 | $7.0B |
| 23 | Stanford Health Care Retirement Savings Plan | Stanford Health Care | CA | 24,152 | $6.9B |
| 24 | Aon Savings Plan | Aon Corporation | GA | 13,974 | $6.7B |
| 25 | Providence Health & Services 403(b) Value Plan | Providence Health & Services | WA | 52,776 | $6.5B |
| 26 | State Street Salary Savings Program | State Street Corporation | MA | 12,777 | $6.5B |
| 27 | Memorial Sloan Kettering Cancer Center Retirement Savings Plan | Memorial Sloan Kettering Cancer Center | NY | 22,606 | $6.4B |
| 28 | Honda 401(k) Savings Plan | American Honda Motor Company, Inc. | CA | 29,610 | $6.3B |
| 29 | New York University Retirement Plan for Members of the Faculty, Professional Research Staff and Administration | New York University | NY | 10,678 | $5.4B |
| 30 | Northwestern Memorial Employee 401(k) Pre-Tax Savings Plan | Northwestern Memorial Healthcare | IL | 35,963 | $5.4B |
| 31 | The Procter & Gamble Savings Plan | The Procter & Gamble Company | OH | 29,629 | $5.4B |
| 32 | Caltech Base Retirement Plan | California Institute of Technology | CA | 10,970 | $5.2B |
| 33 | Fca US LLC UAW Savings Plan | Fca US LLC | MI | 44,591 | $5.2B |
| 34 | The Mitre Corporation Tax Sheltered Annuity Plan | The Mitre Corporation | VA | 12,379 | $5.1B |
| 35 | Fca US LLC Salaried Employees' Savings Plan | Fca US LLC | MI | 15,683 | $5.1B |
| 36 | The Retirement Savings Plan | The New York-Presbyterian Hospital | NY | 45,574 | $4.8B |
| 37 | University of Southern California Tax-Deferred Annuity Plan | University of Southern California | CA | 20,886 | $4.8B |
| 38 | Upmc 403(b) Retirement Savings Plan | UPMC | PA | 78,872 | $4.7B |
| 39 | Vanderbilt University Medical Center Retirement Plan | Vanderbilt University Medical Center | TN | 31,810 | $4.7B |
| 40 | Nyu Grossman School of Medicine Retirement Plan for Members of the Faculty, Professional Research Staff and Administration | New York University | NY | 6,880 | $4.6B |
| 41 | Northwestern University Retirement Plan | Northwestern University | IL | 9,328 | $4.4B |
| 42 | Montefiore Medical Center 403(b) Plan | Montefiore Medical Center | NY | 16,441 | $4.3B |
| 43 | Harvard University Tax Deferred Annuity Plan | President & Fellows of Harvard College Harvard Human Resources, Benefi | MA | 24,395 | $4.3B |
| 44 | Nordstrom 401(k) Plan | Nordstrom, Inc. | WA | 58,225 | $4.3B |
| 45 | Gilead Sciences 401(k) Plan | Gilead Sciences, Inc. | CA | 11,304 | $4.3B |
| 46 | Waste Management Retirement Savings Plan | Waste Management, Inc. | TX | 38,676 | $4.1B |
| 47 | Nxp 401(k) Retirement Plan | Nxp USA, Inc. | TX | 5,310 | $3.8B |
| 48 | The University of Chicago Contributory Retirement Plan | The University of Chicago | IL | 5,144 | $3.8B |
| 49 | Sentara 403(b) Savings Plan | Sentara Health | VA | 28,192 | $3.7B |
| 50 | Wake Forest Baptist Medical Center 403(b) Retirement Savings Plan | Wake Forest University Baptist Medical Center | NC | 19,745 | $3.6B |
Nearby Plan Types
Other employer-sponsored retirement plan categories filed on Form 5500.
Frequently Asked Questions
What is a Profit Sharing plan? ▼
What are the largest Profit Sharing plans in the U.S.? ▼
How many Profit Sharing plans are there in the U.S.? ▼
Where does Profit Sharing plan data come from? ▼
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Source: U.S. Department of Labor, EBSA Form 5500 public disclosure dataset. Plan year 2024. This page aggregates plans where the filer coded the plan as Profit Sharing.
Source: DOL EFAST2 filing system (efast.dol.gov) - plan type classification reflects the code selected by the plan administrator at filing time.
Read our methodology - how this data is sourced, computed, and verified.