Employer · plans filed under one EIN
Altria Client Services LLC
Richmond, VA · Manufacturing
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances.
Altria Client Services LLC, based in Richmond, Virginia, sponsors 3 retirement plans with 100 or more participants: 2 defined contribution and 1 defined benefit. Together they reported 37,507 participant records and $12.0B in net assets.
The largest is Altria Retirement Plan, a defined benefit pension plan with 25,614 participants. A person can be counted in more than one plan, so the participant total is a count of records rather than of people.
Employer contributions across the plans were $107M and participant contributions $71.3M in the latest plan years; benefits paid were $990M. Schedule C compensation reported to service provider organisations totalled $14.1M.
Combined net assets moved from $12.4B in 2015 to $5.58B in 2025 (down 55%). Plan mergers and spin-offs show up here as steps in the series.
Plans
| Plan | Kind | Plan year | Participants | Net assets | Per participant | Employer / active | Sch. C compensation |
|---|---|---|---|---|---|---|---|
| Altria Retirement Plan | defined benefit pension plan | 2024 | 25,614 | $6.42B | $250,755 | — | $14.1M |
| Deferred Profit-Sharing Plan for Salaried Employees | ESOP with a 401(k) feature | 2025 | 8,763 | $4.58B | $522,235 | $20,275 | $0 |
| Deferred Profit-Sharing Plan for Hourly Employees | ESOP with a 401(k) feature | 2025 | 3,130 | $999M | $319,064 | $16,597 | $0 |
| US median, plan year 2024: DC plans $53,102 per participant, $2,175 employer contribution per active participant; DB plans $86,221 and $10,244. | |||||||
Trend by plan year
| Plan year | Plans | Participant records | Net assets | Employer contributions | Participant contributions |
|---|---|---|---|---|---|
| 2025 | 2 | 11,893 | $5.58B | $107M | $71.3M |
| 2024 | 3 | 37,861 | $11.5B | $107M | $70.9M |
| 2023 | 3 | 38,836 | $11.2B | $102M | $68.1M |
| 2022 | 3 | 39,923 | $11.1B | $94.4M | $63.0M |
| 2021 | 3 | 40,440 | $13.9B | $88.6M | $64.7M |
| 2020 | 3 | 41,292 | $13.5B | $86.7M | $63.9M |
| 2019 | 3 | 42,096 | $12.9B | $81.3M | $61.7M |
| 2018 | 3 | 42,930 | $11.6B | $84.1M | $63.9M |
| 2017 | 3 | 43,685 | $13.6B | $80.7M | $61.2M |
| 2016 | 3 | 47,142 | $12.8B | $89.5M | $60.3M |
| 2015 | 3 | 47,932 | $12.4B | $526M | $59.0M |
History of the plans listed above, in the years each filed the full Form 5500 with 100 or more participants. Plans that have since terminated are not included.
Service providers
| Organisation | Services reported | Plans | Compensation reported |
|---|---|---|---|
| Loomis Sayles & Company LP | Investment advisory (plan); Investment management | 1 | $3,871,338 |
| Pacific Investment MGMT Co. LLC | Investment management | 1 | $2,995,834 |
| Fidelity Investmt Instit Op Co. Inc. | Recordkeeping and information management; Participant communication | 1 | $1,809,769 |
| Acadian Asset Management LLC | Investment management | 1 | $1,483,541 |
| JPMorgan Chase Bank NA | Custodial (securities); Trustee (bank, trust company, or similar financial institution); Trustee (directed) | 1 | $1,133,204 |
| Nisa Investment Advisors LLC | Investment management | 1 | $723,895 |
| Fidelity Fiam LLC | Investment management | 1 | $484,568 |
| Goldman Sachs Asset Management LP | Investment management | 1 | $408,463 |
| JPMorgan Ldi | Investment advisory (plan); Investment management | 1 | $345,836 |
| Willis Towers Watson US LLC | Actuarial | 1 | $307,542 |
| State Street Global Advisor Trust | Custodial (other than securities); Custodial (securities); Investment management | 1 | $155,775 |
| PricewaterhouseCoopers LLP | Accounting (including auditing) | 1 | $119,899 |
Organisations paid $5,000 or more by any of these plans, from Schedule C. Individuals are not shown.
Questions and answers
How many retirement plans does Altria Client Services LLC have?
3 plans with 100 or more participants filed Form 5500 under its employer identification number for the latest plan years: Altria Retirement Plan, Deferred Profit-Sharing Plan for Salaried Employees and Deferred Profit-Sharing Plan for Hourly Employees. Smaller plans and plans filed under a subsidiary's number are not grouped here.
How much does Altria Client Services LLC contribute to its plans?
$106,792,151 in employer contributions across these plans in their latest plan years, about $14,147 per active participant record. Form 5500 reports totals and not the match or accrual formula.
Who provides services to these plans?
Schedule C filings name Loomis Sayles & Company LP, Pacific Investment MGMT Co. LLC, Fidelity Investmt Instit Op Co. Inc. and Acadian Asset Management LLC and others. Only organisations paid $5,000 or more by a plan are listed on Schedule C.
Where does this come from?
Form 5500 annual reports filed with the Department of Labor's EFAST2 system, from the EBSA research files, with filings received through 24 Aug 2026. Figures are as filed and may be amended.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Plans are grouped by the sponsor's employer identification number exactly as filed; a company that files under several EINs appears as several employers. See the methodology and corrections.