Top 20 retirement plans in the U.S.

Published
  • November 20 2017, 4:28pm EST
Employee Benefit Adviser, in partnership with business intelligence data analytics firm miEdge, lists the top 20 retirement plans for businesses in the United States. The plans are divided between defined benefit plans and 401(k)s.

Plan sponsors include this information in Form 5500 Schedule A data they submit to the Department of Labor. Note: Information provided in these rankings come from DOL Form 5500 filings reported as of Oct. 31, 2017.

Introduction

Employee Benefit Adviser, in partnership with business intelligence data analytics firm miEdge, lists the top 20 retirement plans for businesses in the United States. The plans are divided between defined benefit plans and 401(k)s.

Plan sponsors include this information in Form 5500 Schedule A data they submit to the Department of Labor. Note: Information provided in these rankings come from DOL Form 5500 filings reported as of Oct. 31, 2017.

20) Northrop Grumman

Plan type: 401(k)

End-year net assets: $20,866,567,177

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19) ExxonMobil Corporation

Plan type: 401(k)

End-year net assets: $21,426,000,000

18) Verizon Communications, Inc.

Plan type: 401(k)

End-year net assets: $21,865,058,119

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17) Bank of America Corporation

Plan type: 401(k)

End-year net assets: $22,117,821,268

16) State Farm Mutual Automobile Insurance Company

Plan type: Defined Benefit

End-year net assets: $22,282,437,793

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15) Ford Motor Company

Plan type: Defined Benefit

End-year net assets: $23,093,321,721

14) JPMorgan Chase & Co.

Plan type: 401(k)

End-year net assets: $23,758,898,917

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13) Wal-Mart Stores, Inc.

Plan type: 401(k)

End-year net assets: $24,185,192,771

12) Lockheed Martin Corporation

Plan type: Defined Benefit

End-year net assets: $26,734,244,399

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11) The Boeing Company and Consolidated Subsidiaries

Plan type: Defined Benefit

End-year net assets: $29,027,179,967

10) General Electric Company

Plan type: 401(k)

End-year net assets: $29,555,945,175

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9) Lockheed Martin Corporation

Plan type: 401(k)

End-year net assets: $30,899,980,211

8) AT&T, Inc.

Plan type: 401(k)

End-year net assets: $34,786,285,000

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7) Western Conference of Teamsters Pension Trust Fund Board of Trustees

Plan type: Defined Benefit

End-year net assets: $38,040,117,697

6) Wells Fargo & Company

Plan type: 401(k)

End-year net assets: $38,240,089,080

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5) General Electric Company

Plan type: Defined Benefit

End-year net assets: $46,819,935,303

4) International Business Machines Corporation

Plan type: 401(k)

End-year net assets: $48,431,129,208

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3) The Boeing Company and Consolidated Subsidiaries

Plan type: 401(k)

End-year net assets: $50,391,350,564

2) AT&T, Inc.

Plan type: Defined Benefit

End-year net assets: $51,244,572,000

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1) International Business Machines Corporation

Plan type: Defined Benefit

End-year net assets: $51,463,553,220