Banks and lenders 401(k) plans with 5,000 or more participants
53 large 401(k) plans in banks and lenders reported 5,000 or more participants on their latest Form 5500 and have a page here. All of them are listed here, ranked by active participants.
Active participants means people still building up a balance, which is the count Form 5500 reports separately from total participants. Every row links to its own page, where the figures below come with the filing they were read from. The site reads every large filing in the DOL data and publishes a page for a part of it.
The plans
| # | Plan | State | Active | Assets | Cost / participant |
|---|---|---|---|---|---|
| 1 | JPMorgan Chase 401(k) Savings PlanJPMorgan Chase Bank, National Association | NJ | 185,310 | $52.9B | $72.97 |
| 2 | U.S. Bank 401(k) Savings PlanU.S. Bancorp | MN | 67,658 | $11.4B | $103.70 |
| 3 | The PNC Financial Services Group, Inc. Incentive Savings PlanThe PNC Financial Services Group, Inc. | PA | 53,180 | $10.2B | $103.79 |
| 4 | Truist Financial Corporation 401(k) Savings PlanTruist Financial Corporation | NC | 38,574 | $9.2B | $33.10 |
| 5 | American Express Retirement Savings PlanAmerican Express Company And Its Participating Subsidiaries | NY | 25,049 | $9.1B | $356.79 |
| 6 | Navy Federal 401(k) Savings PlanNavy Federal Credit Union | VA | 24,775 | $3.2B | $40.99 |
| 7 | M & T Bank Corporation Retirement Savings PlanManufacturers And Traders Trust Co. | NY | 22,296 | $5.2B | $70.75 |
| 8 | The Huntington 401(k) PlanHuntington Bancshares Incorporated | OH | 20,450 | $2.4B | $58.97 |
| 9 | Discover Financial Services 401(k) PlanDiscover Financial Services | IL | 20,237 | $3.2B | $85.15 |
| 10 | Regions Financial Corporation 401(k) PlanRegions Financial Corporation | AL | 20,137 | $3.2B | $49.63 |
| 11 | BMO 401(k) Savings PlanBMO Financial Corp. | IL | 19,696 | $5.0B | $35.41 |
| 12 | Fifth Third Bancorp 401(k) Savings PlanFifth Third Bancorp | OH | 18,855 | $4.0B | $78.35 |
| 13 | CFG Retirement Savings PlanCitizens Financial Group, Inc. | RI | 17,701 | $3.2B | $66.55 |
| 14 | Keycorp 401(k) Savings PlanKeycorp | OH | 17,385 | $4.1B | $183.64 |
| 15 | Rock Holdings & Associated Companies Savings PlanRock Holdings, Inc. | MI | 15,943 | $2.2B | $59.16 |
| 16 | First-Citizens Bank & Trust Company 401(k) PlanFirst-Citizens Bank & Trust Company | NC | 15,787 | $2.7B | $28.70 |
| 17 | Visa 401(k) PlanVisa Inc. | CA | 13,476 | $5.2B | $4.05 |
| 18 | Global Payments Inc. 401(k) PlanGlobal Payments Inc. | GA | 13,174 | $2.3B | $43.75 |
| 19 | Santander 401(k) PlanSantander Holdings USA, Inc. | PA | 12,035 | $1.9B | $37.93 |
| 20 | Barclays 401(k) PlanBarclays Services Corporation | NY | 11,498 | $3.6B | $64.51 |
| 21 | Mastercard Savings PlanMastercard International Incorporated | NY | 11,144 | $3.9B | $121.04 |
| 22 | Synchrony Financial My Savings PlanSynchrony Financial | CT | 10,687 | $1.6B | $30.38 |
| 23 | Ally Financial Inc. Retirement Savings PlanAlly Financial Inc. | MI | 10,634 | $2.9B | $55.34 |
| 24 | Zions Bancorporation, N.A. Payshelter 401(k) And Employee Stock Ownership PlanZions Bancorporation, National Association | UT | 10,518 | $1.9B | $57.18 |
| 25 | The Northern Trust Company Thrift-Incentive PlanThe Northern Trust Company | IL | 9,702 | $3.3B | $113.07 |
| 26 | Onemain 401(k) PlanOnemain General Services Corporation | IN | 9,172 | $650.6M | $77.39 |
| 27 | United Wholesale Mortgage, LLC Profit Sharing Plan And TrustUnited Wholesale Mortgage, LLC | MI | 9,098 | $195.0M | $91.35 |
| 28 | Federal National Mortgage Association Retirement Savings Plan For EmployeesFederal National Mortgage Association | DC | 8,187 | $4.6B | $124.21 |
| 29 | Crosscountry Mortgage 401(k) Retirement Savings PlanCrosscountry Mortgage, LLC | OH | 8,037 | $340.3M | $138.31 |
| 30 | State Employees' Credit Union Retirement Savings PlanState Employees' Credit Union | NC | 7,935 | $1.6B | $48.74 |
| 31 | Flagstar Financial, Inc. Employee Savings PlanFlagstar Financial, Inc. | NY | 7,891 | $917.8M | $97.79 |
| 32 | Comerica Incorporated Preferred Savings PlanComerica Incorporated | TX | 7,885 | $2.0B | $34.56 |
| 33 | First Horizon Corporation Savings PlanFirst Horizon Corporation | TN | 7,406 | $1.1B | $113.19 |
| 34 | Gm Financial Employees 401(k) PlanGeneral Motors Financial Company, Inc. | TX | 6,926 | $1.1B | $37.83 |
| 35 | City National Bank Profit Sharing PlanCity National Bank | CA | 6,547 | $1.7B | $104.68 |
| 36 | Equifax Inc. 401(k) PlanEquifax, Inc. | GA | 6,424 | $1.5B | $70.89 |
| 37 | Arvest Bank 401(k) & Profit Sharing Retirement PlanArvest Bank | AR | 6,248 | $925.8M | $35.39 |
| 38 | Experian Personal Investment PlanExperian, Inc. | CA | 6,165 | $1.7B | $48.78 |
| 39 | The 401(k) Stock Purchase Plan For Employees Of Cullen/Frost Bankers, Inc. And Its AffiliatesCullen/Frost Bankers, Inc. | TX | 5,979 | $1.2B | $79.93 |
| 40 | Rate Holdings Corp. Multiple Employer 401(k) PlanRate Holdings Corp. | IL | 5,942 | $525.8M | $58.34 |
| 41 | Wintrust Financial Corporation Retirement Savings PlanWintrust Financial Corporation | IL | 5,806 | $797.6M | $11.34 |
| 42 | Rithm Capital Family Of Companies 401(k) PlanRithm Capital LLC | TX | 5,594 | $516.7M | $45.54 |
| 43 | Mufg Bank Ltd. 401(k) PlanMufg Bank, Ltd | NY | 5,478 | $2.9B | $48.01 |
| 44 | Cadence 401(k) Profit-Sharing PlanCadence Bank | MS | 5,423 | $817.1M | not itemized |
| 45 | Southstate Bank 401(k) Retirement Savings PlanSouthstate Bank, N.A. | FL | 5,303 | $628.6M | $53.43 |
| 46 | Guild Mortgage Company Profit Sharing 401(k) PlanGuild Mortgage Company LLC | CA | 5,083 | $456.4M | $125.92 |
| 47 | Nationstar Mortgage 401(k) Retirement PlanMr. Cooper Group Inc. | TX | 5,068 | $603.8M | $37.64 |
| 48 | Bread Financial 401(k) PlanBread Financial Payments, Inc. | OH | 4,992 | $932.1M | $3.77 |
| 49 | Bok Financial 401(k) PlanBokf, Na | OK | 4,961 | $1.2B | $26.92 |
| 50 | Commerce Bancshares, Inc. Participating Investment PlanCommerce Bancshares, Inc. | MO | 4,874 | $1.1B | not itemized |
| 51 | Loandepot.Com, LLC 401(k) PlanLoandepot.Com, LLC | CA | 4,828 | $397.5M | $66.99 |
| 52 | Gbt 401(k) PlanGbt US LLC | NY | 4,795 | $470.7M | $73.12 |
| 53 | Umpqua Bank 401(k) And Profit Sharing PlanColumbia Banking System, Inc. | WA | 4,695 | $761.3M | $68.04 |
Other plan sizes in Banks and lenders
Fees per participant fall as plans get bigger, so the useful comparison is inside a size band rather than across them.
100 to 499 participants (6)500 to 999 participants (1)1,000 to 4,999 participants (5)
Back to Banks and lenders
Banks and lenders 401(k) plans has the median plan-paid fee, the largest plans, and the other size bands. The whole directory starts at industries.
