Employer · plans filed under one EIN
KPMG LLP
Montvale, NJ · Professional, scientific and technical services
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.
KPMG LLP, based in Montvale, New Jersey, sponsors 6 retirement plans with 100 or more participants: 4 defined contribution and 2 defined benefit. Together they reported 135,082 participant records and $16.2B in net assets.
The largest is KPMG Pension Plan, a cash balance pension plan with 71,845 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 $391M and participant contributions $599M in the latest plan years; benefits paid were $1.21B. Schedule C compensation reported to service provider organisations totalled $12.3M.
Combined net assets moved from $4.27B in 2009 to $16.2B in 2024 (up 280%). 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 |
|---|---|---|---|---|---|---|---|
| KPMG Pension Plan | cash balance pension plan | 2024 | 71,845 | $3.07B | $42,710 | — | $8.2M |
| KPMG 401(k) Capital Accumulation Plan | 401(k) plan | 2024 | 55,312 | $10.5B | $189,617 | $10,795 | $1.9M |
| KPMG Partner Pension Plan | cash balance pension plan | 2024 | 3,267 | $1.86B | $570,427 | — | $2.0M |
| KPMG Partner Retirement Savings Plan | profit-sharing plan | 2024 | 2,601 | $524M | $201,462 | — | $127K |
| KPMG Personal Account for Retirement | defined contribution plan | 2024 | 1,877 | $272M | $144,977 | — | $96K |
| KPMG Puerto Rico Capital Accumulation Plan | 401(k) plan | 2024 | 180 | $24.3M | $135,003 | $6,268 | $1,763 |
| 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 |
|---|---|---|---|---|---|
| 2024 | 6 | 135,082 | $16.2B | $391M | $599M |
| 2023 | 6 | 136,480 | $14.7B | $532M | $467M |
| 2022 | 6 | 138,440 | $12.7B | $486M | $426M |
| 2021 | 6 | 135,007 | $14.8B | $292M | $369M |
| 2020 | 6 | 129,814 | $13.5B | $348M | $341M |
| 2019 | 6 | 126,938 | $11.7B | $646M | $327M |
| 2018 | 6 | 120,189 | $9.95B | $473M | $300M |
| 2017 | 5 | 113,486 | $8.39B | $377M | $276M |
| 2016 | 6 | 111,399 | $8.47B | $531M | $253M |
| 2015 | 6 | 104,944 | $7.41B | $444M | $227M |
| 2014 | 6 | 97,613 | $7.15B | $318M | $189M |
| 2013 | 6 | 91,266 | $6.59B | $298M | $165M |
| 2012 | 6 | 88,624 | $5.77B | $233M | $154M |
| 2011 | 6 | 85,143 | $5.12B | $223M | $169M |
| 2010 | 6 | 82,210 | $4.88B | $219M | $135M |
| 2009 | 6 | 80,271 | $4.27B | $40.3M | $253M |
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 |
|---|---|---|---|
| Willis Towers Watson | Actuarial; Recordkeeping and information management; Participant communication | 2 | $4,576,376 |
| Merrill Lynch, Pierce, Fenner | Recordkeeping and information management; Trustee (bank, trust company, or similar financial institution); Participant loan processing; Participant communication | 4 | $1,947,009 |
| Goldman Sachs Asset Management | Investment management | 2 | $1,873,799 |
| Pimco | Investment management | 1 | $907,390 |
| State Street Bank and Trust Company | Trustee (bank, trust company, or similar financial institution) | 2 | $775,966 |
| BlackRock Institutional Trust Co. | Trustee (bank, trust company, or similar financial institution); Trustee (discretionary); Investment management | 2 | $527,213 |
| William Blair Funds | Investment management | 2 | $385,817 |
| Fidelity Institutional Asset MGMT | Investment management | 1 | $324,695 |
| Grant Thornton | Accounting (including auditing) | 3 | $280,800 |
| Wellington Management | Investment management | 1 | $205,659 |
| State Street Global Advisors Trust | Custodial (securities); Trustee (bank, trust company, or similar financial institution); Investment management | 2 | $175,791 |
| United Forms Finishing | Copying and duplicating | 1 | $161,239 |
| Global Trust Company | Trustee (bank, trust company, or similar financial institution) | 2 | $52,157 |
| Willis Towers Watson | Recordkeeping and information management; Participant communication | 1 | $49,852 |
| Fidelity Institutional Asset MGMT | Investment management | 1 | $39,025 |
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 KPMG LLP have?
6 plans with 100 or more participants filed Form 5500 under its employer identification number for the latest plan years: KPMG Pension Plan, KPMG 401(k) Capital Accumulation Plan, KPMG Partner Pension Plan and KPMG Partner Retirement Savings Plan and others. Smaller plans and plans filed under a subsidiary's number are not grouped here.
How much does KPMG LLP contribute to its plans?
$390,881,883 in employer contributions across these plans in their latest plan years, about $6,648 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 Willis Towers Watson, Merrill Lynch, Pierce, Fenner, Goldman Sachs Asset Management and Pimco 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.