Providers › Recordkeeping and administration
Service provider · Schedule C, plan year 2024
The Vanguard Group, Inc.
Most often reported for recordkeeping and administration
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. Schedule C lists only providers a plan paid $5,000 or more, and is filed only by plans with 100 or more participants.
The Vanguard Group, Inc. is named as a service provider on the Schedule C of 2,821 retirement plans with 100 or more participants for plan year 2024, covering 6,272,938 participant records. Most often it is reported for recordkeeping and administration.
Reported compensation from those plans, direct and indirect, totalled $216M. Per plan, the median was $55.50 per participant, with the middle half of plans between $21.37 and $87.81. These are amounts plans reported paying this organisation, not a price list: they depend on which services each plan buys and on how much is paid through fund expenses instead.
Its client plans are most numerous in California (328), Pennsylvania (258) and New York (201).
In 2009 it appeared on 1,221 such filings; in 2024, 2,829 (up 132%). Yearly counts include every filing that names it, so they can run slightly above the number of plans with pages here, and name or EIN changes after mergers can break the series.
Reported compensation per plan
| Across this provider's plans | 25th percentile | Median | 75th percentile |
|---|---|---|---|
| Compensation per participant | $21.37 | $55.50 | $87.81 |
| Compensation as a share of plan net assets | 0.03% | 0.07% | 0.14% |
What each plan reported paying this organisation, not the plan's total cost. For reference, the median US defined contribution plan reported $123 per participant to all Schedule C providers combined.
Plans served by year
Matched by employer identification number. A merger or a change of filing entity starts a new series, so a drop to zero is not a loss of clients by itself.
By state
By plan size
Services reported
Largest plans naming this provider
| Plan | Sponsor | State | Participants | Net assets | Reported to this provider |
|---|---|---|---|---|---|
| CVS Health Future Fund 401(k) Plan | CVS Health Corporation | RI | 385,927 | $30.1B | $5.4M |
| FedEx Corporation Retirement Savings Plan II | FedEx Corporation | TN | 290,909 | $3.52B | $2.5M |
| Kaiser Permanente 401(k) Retirement Plan | Kaiser Foundation Health Plan, Inc. | CA | 179,236 | $22.5B | $2.4M |
| Google LLC 401(k) Savings Plan | Google LLC | CA | 155,598 | $48.7B | $835K |
| IBM 401(k) Plan | International Business Machines Corporation | NY | 149,818 | $59.4B | $1.4M |
| FedEx Corporation Retirement Savings Plan | FedEx Corporation | TN | 144,332 | $25.4B | $2.4M |
| Kaiser Permanente Tax Sheltered Annuity Plan | Kaiser Foundation Health Plan, Inc. | CA | 105,882 | $13.8B | $1.3M |
| State Farm 401(k) Savings Plan | State Farm Mutual Automobile Insurance Company | IL | 101,896 | $19.0B | $586K |
| Upmc 403(b) Retirement Savings Plan | Upmc | PA | 93,730 | $4.73B | $31K |
| Cox Enterprises, Inc. 401(k) Plan | Cox Enterprises, Inc. | GA | 62,062 | $8.13B | $1.9M |
| Dick's Sporting Goods, Inc. Smart Savings 401(k) Plan | Dick's Sporting Goods, Inc. | PA | 58,305 | $884M | $698K |
| KPMG 401(k) Capital Accumulation Plan | KPMG LLP | NJ | 55,312 | $10.5B | $834 |
| Leidos, Inc. Retirement Plan | Leidos, Inc. | VA | 54,080 | $11.8B | $1.3M |
| Kaiser Permanente Supplemental Savings and Retirement Plan | Kaiser Foundation Health Plan, Inc. | CA | 51,649 | $5.67B | $137K |
| GEICO 401(k) Savings Plan | GEICO Corporation | DC | 47,131 | $6.23B | $2.0M |
| University of Southern California Tax-Deferred Annuity Plan | University of Southern California | CA | 46,627 | $4.82B | $356K |
| University of Southern California Defined Contribution Retirement Plan | University of Southern California | CA | 44,381 | $5.01B | $354K |
| Ochsner Clinic Foundation 401(k) Plan | Ochsner Clinic Foundation | LA | 43,649 | $2.69B | $1.5M |
| The Cargill Partnership Plan | Cargill, Incorporated | MN | 43,508 | $8.92B | $821K |
| Republic Services, Inc. 401(k) Plan | Republic Services, Inc. | AZ | 42,086 | $2.67B | $1.8M |
| The Savings and Investment Plan | WPP Group USA, Inc. | NY | 41,591 | $4.71B | $1.1M |
| Columbia University Voluntary Retirement Savings Plan | Trustees of Columbia University | NY | 40,437 | $4.71B | $534K |
| Stryker Corporation 401(k) Savings and Retirement Plan | Stryker Corporation | MI | 35,926 | $7.87B | $1.3M |
| Ochsner Clinic Foundation 403(b) Plan | Ochsner Clinic Foundation | LA | 35,912 | $194M | $86K |
| BNSF Railway Company Non-Salaried Employees 401(k) Retirement Plan | BNSF Railway Company | TX | 33,118 | $4.79B | $294K |
| Science Applications International Corporation Retirement Plan | Science Applications International Corporation | VA | 32,258 | $5.42B | $1.2M |
| Union Pacific Agreement Employee 401(k) Retirement Thrift Plan | Union Pacific Railroad Company | NE | 32,031 | $2.39B | $105K |
| Cargill Employee Retirement Account Plan | Cargill, Incorporated | MN | 32,006 | $613M | $62K |
| Boston Scientific Corporation 401(k) Retirement Savings Plan | Boston Scientific Corporation | MA | 31,957 | $6.78B | $656K |
| W. W. Grainger, Inc. Retirement Savings Plan | W.W. Grainger, Inc. | IL | 31,194 | $3.78B | $1.3M |
| Baxter International Inc. and Subsidiaries U.S. Retirement Savings Plan | Baxter International Inc. | IL | 29,847 | $4.58B | $1.0M |
| Jacobs 401(k) Plus Savings Plan | Jacobs Engineering Group Inc. | TX | 29,462 | $6.38B | $913K |
| Michaels Stores, Inc. Employees 401(k) Plan | Michaels Stores, Inc. | TX | 29,442 | $337M | $8,449 |
| Farmers Group, Inc. 401(k) Savings Plan | Farmers Group, Inc. | CA | 28,962 | $4.89B | $1.2M |
| Rentokil Initial USA 401(k) Plan | Rentokil North America, Inc. | PA | 28,927 | $1.31B | $1.0M |
| Emerson Savings Plan | Emerson Electric Company | MO | 28,509 | $7.36B | $0 |
| Medline Industries, LP Retirement Plan | Medline Industries,lp | IL | 28,470 | $1.64B | $1.0M |
| Heartland Dental 401(k) and Stock Participation Plan | Heartland Dental, LLC | IL | 27,923 | $1.14B | $1.1M |
| California Iron Workers Field Defined Contribution Pension Trust Fund | Board of Trustees, California Iron Workers Field Defined Contribution | CA | 27,522 | $1.29B | $985K |
| Wawa, Inc. 401(k) Plan | Wawa, Inc. | PA | 25,954 | $1.12B | $1.4M |
Questions and answers
How many plans does The Vanguard Group, Inc. serve?
2,821 plans with 100 or more participants named it on Schedule C for plan year 2024. Plans that paid it under $5,000, small plans that file Form 5500-SF, and plans whose filings spell its name without an EIN under a different form are not counted.
What do plans pay The Vanguard Group, Inc.?
The median plan reported $55.50 per participant in direct and indirect compensation (2,689 plans reporting an amount), or 0.07% of plan net assets. Eligible indirect compensation disclosed to the plan by formula is not reported as a dollar amount, so many filings understate what a provider receives.
What services are reported?
The service codes most often attached to it are Recordkeeping and information management (2,474 plans), Participant loan processing (1,989 plans), Trustee (directed) (877 plans) and Consulting (general) (698 plans).
Where does this come from?
Schedule C of Form 5500, Part I line 2, from the EBSA research files with filings received through 24 Aug 2026. Individuals named on Schedule C are excluded from this site.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, Schedule C Part I line 2, public domain, with filings received through 24 Aug 2026. Rows are grouped by the provider's EIN as entered by each plan; rows without an EIN join the EIN most often filed under the same name. Providers named on fewer than 25 plans have no page. See the methodology and corrections.