Insurance 401(k) plans with 5,000 or more participants
84 large 401(k) plans in insurance 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 | Aon Pooled Employer PlanAon Consulting, Inc. | IL | 74,793 | $3.1B | $137.44 |
| 2 | Elevance Health 401(k) PlanAth Holding Company, LLC | IN | 71,880 | $12.1B | $66.49 |
| 3 | State Farm 401(k) Savings PlanState Farm Mutual Automobile Insurance Company | IL | 67,476 | $19.0B | $5.69 |
| 4 | The Progressive 401(k) PlanThe Progressive Corporation & Its Participating Subsidiaries | OH | 67,357 | $11.5B | $9.09 |
| 5 | The Cigna Group 401(k) PlanThe Cigna Group | PA | 66,532 | $14.2B | $24.84 |
| 6 | Centene Management Corporation Retirement PlanCentene Corporation | MO | 54,939 | $4.7B | $35.86 |
| 7 | Humana Retirement Savings PlanHumana Inc. | KY | 42,968 | $7.7B | $39.61 |
| 8 | USAA Retirement Savings PlanUnited Services Automobile Association | TX | 37,957 | $10.9B | $9.50 |
| 9 | The 401(k) PlanHealth Care Service Corporation | TX | 36,460 | $3.9B | $9.74 |
| 10 | Liberty Mutual 401(k) PlanLiberty Mutual Group Inc. | MA | 31,562 | $11.4B | $235.24 |
| 11 | The Travelers 401(k) Savings PlanTravelers Companies, Inc. | MN | 30,785 | $10.4B | $89.33 |
| 12 | Sedgwick 401(k) Savings PlanSedgwick Claims Management Services, Inc. | TN | 25,456 | $1.9B | $41.61 |
| 13 | Arthur J. Gallagher & Co. Employees Savings And Thrift PlanArthur J. Gallagher (Illinios), LLC. | IL | 23,895 | $3.9B | $30.02 |
| 14 | Nationwide Savings PlanNationwide Mutual Insurance Company | OH | 22,626 | $8.3B | $47.14 |
| 15 | The Hartford Investment And Savings PlanHartford Fire Insurance Company | CT | 18,645 | $7.2B | $237.34 |
| 16 | Fidelity National Information Services, Inc. 401(k) Profit Sharing PlanFidelity National Information Services, Inc. | FL | 18,321 | $4.7B | $39.72 |
| 17 | The Fidelity National Financial Group 401(k) Profit Sharing PlanFidelity National Financial, Inc. | FL | 18,305 | $3.0B | $71.41 |
| 18 | Farmers Group, Inc. 401(k) Savings PlanFarmers Group, Inc. | CA | 17,891 | $5.0B | $165.03 |
| 19 | Marsh & McLennan Companies 401(k) Savings And Investment PlanMarsh & McLennan Companies, Inc. | NY | 17,704 | $7.4B | not itemized |
| 20 | The Prudential Employee Savings PlanThe Prudential Insurance Company Of America | NJ | 16,248 | $10.7B | not itemized |
| 21 | Chubb US 401(k) PlanChubb Ina Holdings Inc. (Formerly Ace Ina Holdings Inc.) | PA | 15,717 | $5.0B | $71.53 |
| 22 | Marsh & McLennan Agency 401(k) Savings & Investment PlanMarsh & McLennan Companies, Inc. | NY | 15,230 | $1.5B | not itemized |
| 23 | Highmark Investment PlanHighmark Health | PA | 14,917 | $2.9B | $52.32 |
| 24 | MetLife 401(k) PlanMetLife Group, Inc. | NJ | 14,863 | $8.3B | $308.84 |
| 25 | Centerwell Home Health 401(k) Savings PlanHumana Inc. | KY | 14,007 | $366.8M | $9.00 |
| 26 | Massmutual Thrift PlanMassachusetts Mutual Life Insurance Company | MA | 13,678 | $4.3B | $33.91 |
| 27 | Aon Savings PlanAon Corporation | GA | 13,470 | $6.7B | $74.36 |
| 28 | Hub International Limited 401(k) Savings PlanHub International Limited | IL | 13,429 | $1.6B | $143.99 |
| 29 | Blue Cross Blue Shield Of Sc Employee Savings And Salary Reduction PlanBlue Cross And Blue Shield Of South Carolina | SC | 12,890 | $1.5B | $99.89 |
| 30 | New York Life Insurance Company Employee Progress Sharing Investment PlanNew York Life Insurance Company | NY | 12,706 | $5.0B | $77.89 |
| 31 | The Principal Select Savings PlanPrincipal Financial Group, Inc. | IA | 12,662 | $4.6B | $56.64 |
| 32 | Brown & Brown, Inc. Employee Savings PlanBrown & Brown, Inc. | FL | 12,393 | $1.8B | $64.41 |
| 33 | Acrisure 401(k) Savings PlanAcrisure, LLC | MI | 12,249 | $1.1B | $36.34 |
| 34 | New York Life Insurance Company Agents Progress- Sharing Investment PlanNew York Life Insurance Company | NY | 11,418 | $1.2B | $26.85 |
| 35 | American Family 401(k) PlanAmerican Family Mutual Insurance Company, S.I. | WI | 11,004 | $2.2B | $66.40 |
| 36 | Empower Retirement, LLC 401(k) Savings PlanEmpower Retirement, LLC | CO | 10,261 | $2.2B | $0.22 |
| 37 | Ori 401(k) Savings And Profit Sharing PlanOld Republic International Corp. | IL | 9,784 | $2.1B | $4.64 |
| 38 | Assuredpartners 401(k) PlanAssuredpartners, Inc. | FL | 9,755 | $1.1B | $64.70 |
| 39 | Zurich Savings PlanZurich American Insurance Company | IL | 9,738 | $3.7B | $52.39 |
| 40 | Amerihealth Caritas 401(k) PlanAmerihealth Caritas Services, LLC | PA | 9,598 | $947.5M | $105.77 |
| 41 | Unum Group 401(k) Retirement PlanUnum Group | ME | 9,413 | $2.5B | $124.37 |
| 42 | Blue Cross And Blue Shield Of Florida, Inc. 401(k) Retirement Savings PlanBlue Cross And Blue Shield Of Florida, Inc. | FL | 8,954 | $1.7B | $173.44 |
| 43 | Asurion, LLC 401(k) PlanAsurion LLC | TN | 8,305 | $733.3M | $78.07 |
| 44 | Thrivewise Pooled Employer PlanPrincipal Life Insurance Company | IA | 8,218 | $996.9M | $186.19 |
| 45 | The Northwestern Mutual Employee Savings PlanNorthwestern Mutual Life Ins. Co. | WI | 8,160 | $2.9B | $47.30 |
| 46 | Transamerica 401(k) Retirement Savings PlanTransamerica Corporation | IA | 7,764 | $2.7B | $0.73 |
| 47 | Alliant Insurance Services, Inc. 401(k) Savings & Investment PlanAlliant Insurance Services, Inc. | CA | 7,715 | $986.6M | $70.12 |
| 48 | The Equitable 401(k) PlanEquitable Financial Life Insurance Company | NY | 7,549 | $2.6B | $77.61 |
| 49 | Blue Shield Of California Tax Deferred Salary Investment PlanCalifornia Physicians Service, Dba Blue Shield Of Ca | CA | 7,533 | $1.7B | $72.35 |
| 50 | Voya 401(k) Savings PlanVoya Services Company | GA | 7,442 | $2.7B | $0.35 |
| 51 | Prime Therapeutics LLC 401(k) PlanPrime Therapeutics | MN | 7,237 | $911.3M | $82.50 |
| 52 | Lockton, Inc. 401(k) PlanLockton, Inc. | MO | 7,058 | $1.4B | $96.24 |
| 53 | Auto-Owners Insurance Company Retirement Savings PlanAuto-Owners Insurance Company | MI | 7,012 | $864.3M | $52.33 |
| 54 | Bluecross Blueshield Of Tennessee Employee Retirement Savings ProgramBlue Cross Blue Shield Of Tennessee | TN | 6,823 | $1.3B | $124.00 |
| 55 | Erie Insurance Group Employee Savings PlanErie Indemnity Company | PA | 6,803 | $1.4B | $39.47 |
| 56 | Amwins Group, Inc. 401(k) PlanAmwins Group, Inc. | NC | 6,644 | $844.5M | $96.57 |
| 57 | Tih Insurance Holdings, LLC 401(k) Savings PlanCrc Insurance Group, LLC | NC | 6,643 | $1.6B | $20.35 |
| 58 | Humana Partnership Savings PlanHumana Inc. | KY | 6,594 | $317.9M | $19.44 |
| 59 | Thrivent 401(k) PlanThrivent Financial For Lutherans | MN | 6,452 | $1.7B | $24.28 |
| 60 | The Carefirst 401(k) PlanCarefirst, Inc. | MD | 6,286 | $1.1B | $69.33 |
| 61 | Healthfirst Profit Sharing 401(k) PlanHf Management Services, LLC | NY | 6,126 | $678.5M | $102.59 |
| 62 | Blue Cross Blue Shield Of Michigan Employees' Savings PlanBlue Cross Blue Shield Of Michigan | MI | 6,055 | $1.5B | $56.50 |
| 63 | Mutual Of Omaha 401(k) Retirement Savings PlanMutual Of Omaha Insurance Company | NE | 6,050 | $1.0B | $15.97 |
| 64 | Sun Advantage Savings And Investment PlanSun Life Financial U.S. Services Company, Inc. | MA | 5,991 | $1.8B | $154.76 |
| 65 | Vsp Retirement PlanVision Service Plan | CA | 5,853 | $1.5B | $136.59 |
| 66 | Aflac Incorporated 401(k) Savings And Profit Sharing PlanAflac Incorporated | GA | 5,776 | $1.1B | not itemized |
| 67 | Cincinnati Financial Corporation Tax-Qualified Savings PlanCincinnati Financial Corporation | OH | 5,564 | $1.3B | $101.62 |
| 68 | Horizon Blue Cross Blue Shield Of New Jersey Employees Savings And Investment PlanHorizon Blue Cross Blue Shield Of New Jersey | NJ | 5,563 | $1.5B | not itemized |
| 69 | Stewart 401(k) Savings PlanStewart Title Guaranty Company | TX | 5,500 | $647.7M | $37.87 |
| 70 | Aaa Club Alliance Inc. 401(k) Retirement Savings PlanAaa Club Alliance Inc. | DE | 5,447 | $562.4M | $123.39 |
| 71 | Blue Cross And Blue Shield Of North Carolina 401(k) PlanBlue Cross And Blue Shield Of North Carolina | NC | 5,395 | $1.4B | $93.97 |
| 72 | Aaa Ncnu 401(k) PlanAaa Northern California, Nevada & Utah | CA | 5,300 | $762.7M | $72.66 |
| 73 | Corvel Incentive Savings PlanCorvel Healthcare Corporation | OR | 5,290 | $276.0M | $16.68 |
| 74 | Corebridge Financial, Inc. Retirement Savings 401(k) PlanCorebridge Financial, Inc. | TX | 5,142 | $2.8B | $58.36 |
| 75 | American International Group, Inc. Incentive Savings PlanAmerican International Group, Inc. | NY | 5,072 | $4.5B | $122.67 |
| 76 | Accession Risk Management Group 401(k) PlanAccession Risk Management Group, Inc. | MA | 4,990 | $441.8M | $70.27 |
| 77 | The Hanover Insurance Group Retirement Savings PlanThe Hanover Insurance Company | MA | 4,930 | $1.3B | $14.90 |
| 78 | Guardian Retirement Investment PlanThe Guardian Life Insurance Company Of America | NY | 4,922 | $1.1B | $59.35 |
| 79 | Allianz Asset Accumulation PlanAzoa Services Corporation | MN | 4,904 | $2.1B | $195.14 |
| 80 | Ryan Specialty 401(k) Savings PlanRyan Specialty, LLC | IL | 4,873 | $635.5M | $30.98 |
| 81 | The Investment-Incentive Plan For John Hancock EmployeesJohn Hancock Life Insurance Company U.S.A | MA | 4,860 | $2.4B | not itemized |
| 82 | Integrity Marketing Group 401(k) PlanIntegrity Marketing Group | TX | 4,830 | $268.9M | $91.41 |
| 83 | Sentry 401(k) PlanSentry Insurance Company | WI | 4,702 | $1.9B | $22.42 |
| 84 | Munich Re U.S. Savings PlanMunich Reinsurance America, Inc. | NJ | 4,691 | $1.8B | $105.06 |
Other plan sizes in Insurance
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 (3)500 to 999 participants (1)1,000 to 4,999 participants (2)
Back to Insurance
Insurance 401(k) plans has the median plan-paid fee, the largest plans, and the other size bands. The whole directory starts at industries.