Industry · Form 5500 business code 812210
Funeral Homes & Funeral Services: retirement plans
Plans whose sponsor entered this principal business activity code on Form 5500.
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. The business code is chosen by the filer from the list in the Form 5500 instructions.
30 retirement plans in funeral homes & funeral services with 100 or more participants filed Form 5500 for plan year 2024 (29 defined contribution, 1 defined benefit). All Form 5500 pension filers in the group reported 46,295 participant records and $2.53B in net assets.
The median defined contribution plan held $38,331 per participant, well below the national median of $53,031, and its employer put in $1,358 per active participant (national: $2,174). Among plans reporting Schedule C compensation the median was $139 per participant against $123 nationally.
Employers contributed $73.2M and participants $122M during the year, and the plans paid out $272M in benefits.
In 2009 the same group numbered 34 plans with $675M; by 2024 it was 30 plans (down 12%) and $2.53B (up 275%). From plan year 2023 the 100-participant line counts participants with account balances, which moved many plans to the short form.
Medians compared with all US plans
| Median plan, plan year 2024 | Industry: DC | US: DC | Industry: DB | US: DB |
|---|---|---|---|---|
| Net assets per participant | $38,331 | $53,031 | $92,114 | $86,234 |
| Employer contributions per active participant | $1,358 | $2,174 | $13,174 | $10,244 |
| Schedule C compensation per participant | $139 | $123 | $389 | $344 |
| Schedule C compensation, share of net assets | 0.34% | 0.26% | 0.42% | 0.42% |
| Administrative expenses per participant | $109 | $116 | $985 | $527 |
Medians across plans with 100 or more participants (26 DC and 1 DB plans with a Schedule H here). Fee medians cover plans reporting an amount. DC: defined contribution, such as 401(k) and 403(b). DB: defined benefit pension.
Distribution of DC plans
| Measure | 25th percentile | Median | 75th percentile | Plans |
|---|---|---|---|---|
| Net assets per participant | $23,492 | $38,331 | $70,198 | 26 |
| Employer contributions per active participant | $663 | $1,358 | $2,257 | 26 |
| Schedule C compensation per participant | $60.99 | $139 | $233 | 25 |
| Administrative expenses per participant | $49.28 | $109 | $233 | 25 |
Trend by plan year
| Plan year | Plans 100+ | Participants | Net assets | Employer contributions | Participant contributions | Median DC assets / participant | Median DC Sch. C / participant |
|---|---|---|---|---|---|---|---|
| 2024 | 30 | 46,295 | $2.53B | $73.2M | $122M | $38,331 | $139 |
| 2023 | 29 | 45,736 | $2.26B | $74.7M | $120M | $34,136 | $85.21 |
| 2022 | 30 | 47,345 | $1.99B | $73.2M | $120M | $33,679 | $83.70 |
| 2021 | 31 | 45,076 | $2.27B | $66.5M | $110M | $42,315 | $83.45 |
| 2020 | 29 | 43,392 | $1.93B | $57.8M | $94.1M | $32,303 | $79.91 |
| 2019 | 28 | 43,422 | $1.65B | $56.9M | $85.6M | $30,905 | $55.18 |
| 2018 | 28 | 43,187 | $1.38B | $53.8M | $79.1M | $23,386 | $54.66 |
| 2017 | 31 | 41,917 | $1.43B | $49.2M | $71.6M | $29,471 | $57.20 |
| 2016 | 30 | 41,763 | $1.22B | $53.6M | $66.9M | $25,170 | $55.19 |
| 2015 | 30 | 17,442 | $371M | $12.5M | $19.4M | $19,565 | $38.17 |
| 2014 | 31 | 42,005 | $1.10B | $41.1M | $58.8M | $26,230 | $34.96 |
| 2013 | 30 | 41,747 | $1.06B | $37.9M | $56.6M | $23,659 | $23.36 |
| 2012 | 30 | 40,962 | $888M | $34.0M | $52.4M | $20,189 | $31.15 |
| 2011 | 31 | 33,633 | $685M | $33.1M | $42.7M | $17,603 | $17.54 |
| 2010 | 33 | 41,688 | $755M | $32.1M | $45.4M | $16,811 | $48.72 |
| 2009 | 34 | 43,357 | $675M | $30.9M | $43.6M | $14,368 | $37.41 |
Plan year is the year in which the plan year began. The drop in large plans from 2023 follows a rule change: the 100-participant line now counts participants with account balances, so many plans moved to the short form.
Provider share
Service provider organisations named most often on the Schedule C of the 30 plans on this page's list, by number of plans. A plan usually names several providers.
Largest plans
The 30 largest by participants of 30 plans with a page on this site.
| Plan | Sponsor | State | Type | Participants | Net assets | Per participant | Employer / active | Sch. C / participant |
|---|---|---|---|---|---|---|---|---|
| The Sci 401(k) Retirement Savings Plan | Service Corporation Intl | TX | DC | 27,861 | $1.75B | $62,942 | $2,500 | $45.84 |
| Carriage Services 401(k) Plan | Carriage Funeral Holdings, Inc. | TX | DC | 3,144 | $107M | $34,172 | $1,106 | $98.36 |
| Park Lawn 401(k) Plan | Park Lawn Memorial Group, LLC | TX | DC | 2,008 | $49.1M | $24,440 | $1,148 | $82.46 |
| Foundation Partners Group, LLC Retirement Savings Plan | Foundation Partners Group, LLC | FL | DC | 1,690 | $31.6M | $18,697 | $4 | $161 |
| Northstar Memorial Group, LLC 401(k) Plan | NSMG Shared Services, LLC | TX | DC | 1,555 | $80.5M | $51,772 | $2,022 | $138 |
| Local 1034 Pension Fund | Board of Trustees of Local 1034 Pension Fund | NY | DB | 1,225 | $113M | $92,114 | $13,174 | $389 |
| Legacy Funeral Group Employees Retirement Savings Plan | Legacy Funeral Group, L.L.C. | TX | DC | 1,011 | $12.7M | $12,588 | $484 | $139 |
| Vertin Company 401(k) Profit Sharing Plan | Vertin Company | ND | DC | 733 | $24.1M | $32,817 | $666 | $114 |
| Newcomer Funeral Service Group Retirement Plan | Newcomer Funeral Services Group, Inc. | KS | DC | 585 | $29.5M | $50,463 | $2,007 | $165 |
| Rollings Funeral Service 401(k) Plan | Rollings Funeral Service, Inc. | GA | DC | 547 | $5.5M | $10,145 | $295 | $88.57 |
| Thanexus, Inc. Retirement Plan | Thanexus, Inc. | NJ | DC | 465 | $130M | $278,829 | $5,908 | $492 |
| Buchanan Group, Inc. 401(k) Retirement Plan | Buchanan Group, Inc. | IN | DC | 451 | $21.6M | $47,986 | $1,295 | $165 |
| Heritage Family Funeral Services 401(k) Plan | Heritage Operating LLC | TN | DC | 402 | $7.7M | $19,097 | $662 | $29.86 |
| Cypress Lawn Cemetery Association 401(k) Savings Account | Cypress Lawn Cemetery Assoc | CA | DC | 397 | $28.8M | $72,616 | $4,116 | $333 |
| Sci Union 401(k) Retirement Savings Plan | Service Corporation Intl | TX | DC | 337 | $12.7M | $37,645 | $1,420 | $49.50 |
| Inglewood Park Cemetery 401(k) Plan and Trust | Inglewood Park Cemetery | CA | DC | 334 | $13.9M | $41,623 | $1,628 | $233 |
| Stewart Enterprises Puerto Rico Retirement Trust | Service Corporation International | TX | DC | 317 | $3.8M | $11,862 | $568 | $35.86 |
| Altmeyer Funeral Homes, Inc. 401(k) Plan | Altmeyer Funeral Homes Inc. | WV | DC | 309 | $12.0M | $38,809 | $1,787 | $171 |
| Denver Roller, Inc. 401(k) Plan | Denver Roller, Inc. | AR | DC | 233 | $18.2M | $78,170 | $2,117 | $153 |
| Mount Olivet Cemetery Assn Retirement Savings Plan | Mount Olivet Cemetery Association | TX | DC | 169 | $14.2M | $84,230 | $2,303 | $361 |
| East Lawn Affiliates Profit Sharing Plan | East Lawn, Inc. | CA | DC | 166 | $14.3M | $85,877 | $4,242 | $269 |
| Washburn-McReavy Funeral Chapels, Inc. Profit Sharing /401(K) Plan | Washburn-McReavy Funeral Chapels, Inc. | MN | DC | 144 | $23.2M | $161,058 | $3,707 | $9.72 |
| Green Hills Memorial Park Employees' Retirement Plan | Green Hills Memorial Park | CA | DC | 141 | $30.0M | $212,635 | $11,263 | $151 |
| Marcorp Limited 401(k) Plan | Marcorp Limited | MD | DC | 137 | $3.2M | $23,176 | $500 | $79.39 |
| Farewells, Inc. 401(k) Plan | French Funerals-Cremations, Inc. | NM | DC | 137 | $6.5M | $47,376 | $2,007 | $273 |
| Dietzler Ventures Inc. Retirement Plan | Dietzler Ventures Inc. | TX | DC | 125 | — | — | — | — |
| Stonemor GP LLC 1165E Retirement Plan | Stonemor GP LLC | FL | DC | 122 | $970K | $7,955 | $337 | — |
| Rose Neath Funeral Homes Retirement Savings Plan | Kilpatrick Rose Neath Funeral Home, Crematorium and Cemeteries, Inc. | LA | DC | 115 | $4.4M | $37,853 | $1,112 | $384 |
| Borinquen Memorial Parks, Inc. 401(k) Plan | Borinquen Memorial Parks, Inc. | PR | DC | 115 | — | — | — | — |
| B-W Memorial Corp. 401(k) and Profit Sharing Plan | B-W Memorial Corp. | WA | DC | 109 | — | — | — | — |
By plan size
By state
Questions and answers
How many retirement plans are there in funeral homes & funeral services?
30 plans with 100 or more participants filed Form 5500 for plan year 2024, out of 109 pension plans on the full form. Smaller plans file Form 5500-SF and are counted separately where shown.
What is the typical 401(k) balance in funeral homes & funeral services?
The median defined contribution plan reported $38,331 in net assets per participant (middle half of plans: $23,492 to $70,198); nationally it was $53,031. This is a plan-level average that includes former employees, not a typical person's balance.
What do employers contribute in funeral homes & funeral services?
The median defined contribution plan received $1,358 in employer contributions per active participant, against $2,174 nationally. Plans with no employer contribution are included at zero.
What are average 401(k) fees in funeral homes & funeral services?
Among defined contribution plans that report any Schedule C compensation, the median was $139 per participant and 0.34% of net assets (nationally $123 and 0.26%). Schedule C leaves out fund expense ratios and fees the employer pays, so it understates total cost.
Where does this come from?
Form 5500 annual reports in the EBSA research files, with filings received through 24 Aug 2026. Medians are computed by this site across plans with 100 or more participants.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Totals count every pension plan on the full form; medians and the plan list cover plans with 100 or more participants. See the methodology.