State · sponsors with a Alabama filing address
Retirement plans in Alabama
Form 5500 filings for plan years 2009 to 2025; medians for plan year 2024.
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. A plan is counted in the state of its sponsor's address, not where its participants live.
For plan year 2024, 794 retirement plans based in Alabama with 100 or more participants filed Form 5500: 734 defined contribution and 60 defined benefit. They reported 803,341 participant records and $50.3B in net assets, counting every plan on the form.
The median defined contribution plan held $43,932 per participant, below the national median of $53,031, and its employer put in $1,983 per active participant (national: $2,174). Among plans reporting Schedule C compensation the median was $129 per participant against $123 nationally.
Employers contributed $1.60B and participants $2.12B during the year, and the plans paid out $4.68B in benefits.
In 2009 the same group numbered 943 plans with $18.6B; by 2024 it was 794 plans (down 16%) and $50.3B (up 171%). From plan year 2023 the 100-participant line counts participants with account balances, which moved many plans to the short form.
Beyond the full-form filers, 6,511 small plans based in Alabama filed the short Form 5500-SF for 2024, with 197,323 participants and $11.8B in net assets. Small plans are counted here and nowhere else on this site.
Medians compared with all US plans
| Median plan, plan year 2024 | AL: DC | US: DC | AL: DB | US: DB |
|---|---|---|---|---|
| Net assets per participant | $43,932 | $53,031 | $84,311 | $86,234 |
| Employer contributions per active participant | $1,983 | $2,174 | $10,932 | $10,244 |
| Schedule C compensation per participant | $129 | $123 | $393 | $344 |
| Schedule C compensation, share of net assets | 0.32% | 0.26% | 0.38% | 0.42% |
| Administrative expenses per participant | $122 | $116 | $526 | $527 |
Medians across plans with 100 or more participants (690 DC and 59 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 | $20,669 | $43,932 | $87,752 | 690 |
| Employer contributions per active participant | $998 | $1,983 | $3,756 | 678 |
| Schedule C compensation per participant | $56.95 | $129 | $230 | 617 |
| Administrative expenses per participant | $48.26 | $122 | $217 | 662 |
Trend by plan year
| Plan year | Plans 100+ | Participants | Net assets | Employer contributions | Participant contributions | Median DC assets / participant | Median DC Sch. C / participant |
|---|---|---|---|---|---|---|---|
| 2025partial | 94 | 139,553 | $8.75B | $236M | $427M | $51,045 | $127 |
| 2024 | 794 | 803,341 | $50.3B | $1.60B | $2.12B | $43,932 | $129 |
| 2023 | 786 | 743,864 | $44.4B | $1.51B | $1.92B | $38,656 | $116 |
| 2022 | 962 | 766,491 | $39.4B | $1.52B | $1.85B | $29,270 | $107 |
| 2021 | 953 | 726,171 | $47.0B | $1.29B | $1.68B | $34,503 | $113 |
| 2020 | 936 | 726,501 | $44.0B | $1.31B | $1.55B | $32,284 | $95.00 |
| 2019 | 908 | 727,095 | $39.2B | $1.17B | $1.44B | $27,578 | $78.52 |
| 2018 | 879 | 691,402 | $31.8B | $1.17B | $1.30B | $24,718 | $72.22 |
| 2017 | 875 | 690,329 | $33.4B | $1.31B | $1.19B | $26,876 | $65.03 |
| 2016 | 874 | 679,888 | $28.4B | $1.02B | $1.07B | $23,663 | $59.17 |
| 2015 | 870 | 673,519 | $26.7B | $1.13B | $1.01B | $22,572 | $58.30 |
| 2014 | 887 | 673,874 | $28.4B | $1.00B | $965M | $21,027 | $56.85 |
| 2013 | 886 | 667,042 | $26.3B | $839M | $918M | $20,930 | $50.11 |
| 2012 | 891 | 696,947 | $23.3B | $884M | $886M | $18,590 | $46.54 |
| 2011 | 888 | 695,275 | $20.9B | $957M | $873M | $16,571 | $46.41 |
| 2010 | 914 | 673,490 | $20.0B | $834M | $761M | $16,574 | $42.29 |
| 2009 | 943 | 758,268 | $18.6B | $1.15B | $784M | $14,554 | $36.46 |
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 793 plans on this page's list, by number of plans. A plan usually names several providers.
Largest plans
The 60 largest by participants of 793 plans with a page on this site.
| Plan | Sponsor | Type | Participants | Net assets | Per participant | Employer / active | Sch. C / participant |
|---|---|---|---|---|---|---|---|
| Pilot Catastrophe Services, Inc. 401(k) Profit Sharing Plan | Pilot Catastrophe Services Inc. | DC | 38,839 | $155M | $3,995 | $26 | $10.40 |
| Encompass Health Corporation 401(k) Retirement Plan | Encompass Health Corporation | DC | 38,109 | $2.00B | $52,446 | $1,263 | $36.43 |
| Regions Financial Corporation 401(k) Plan | Regions Financial Corporation | DC | 29,490 | $3.20B | $108,426 | $5,184 | $52.56 |
| Hibbett, Inc. 401(k) Profit Sharing Plan | Hibbett, Inc. | DC | 24,879 | $59.0M | $2,372 | $92 | $8.58 |
| Retail, Wholesale & Department Store International Union and Industry Pension Fund | Board of Trustees of Retail Wholesale & Dept Store | DB | 20,129 | $619M | $30,735 | $5,334 | $79.87 |
| Vulcan 401(k) Plan | Vulcan Materials Company | DC | 13,386 | $1.71B | $127,418 | $8,108 | $204 |
| Altec, Inc. Retirement Savings Plan | Altec Industries, Inc. | DC | 11,954 | $986M | $82,514 | $3,082 | $10.80 |
| Coca-Cola Bottling Company United, Inc. 401(k) Plan | Coca-Cola Bottling Company United, Inc. | DC | 11,630 | $610M | $52,413 | $2,712 | $76.71 |
| Regions Financial Corporation Retirement Plan | Regions Financial Corporation | DB | 11,265 | $1.15B | $102,279 | — | $161 |
| Southern Veterinary Partners, LLC 401(k) Plan | Southern Veterinary Partners, LLC | DC | 11,014 | $183M | $16,615 | $1,069 | $37.59 |
| University of Alabama Health Services Foundation P.C. 403(b) Retirement Annuity Plan | University of Alabama Health Services Foundation, PC | DC | 9,099 | $1.58B | $173,110 | $10,428 | $123 |
| Rehab Employee Services 401(k) Plan | Rehab Employee Services, LLC | DC | 8,884 | $209M | $23,477 | $659 | $46.38 |
| Pci Gaming Authority 401(k) Retirement Plan | Pci Gaming Authority | DC | 8,600 | $184M | $21,415 | $1,677 | $74.36 |
| Hexagon Employee Retirement Savings Plan | Intergraph Corporation | DC | 7,798 | $1.65B | $211,766 | $7,427 | $98.60 |
| NHS Affiliated Companies 401(k) Profit Sharing Plan | NHS Management, LLC | DC | 7,605 | $104M | $13,710 | $418 | $22.59 |
| The Infirmary 401(k) Plan | Infirmary Health System, Inc. | DC | 7,581 | $415M | $54,684 | $1,908 | $69.47 |
| Children's of Alabama 401(k) Plan | The Children's Hospital of Alabama | DC | 7,349 | $722M | $98,274 | $2,129 | $73.96 |
| Mercedes-Benz U.S. International, Inc. Retirement and Savings Plan | Mercedes-Benz U.S. International, Inc. | DC | 7,116 | $1.23B | $173,429 | $7,587 | $144 |
| Peco Foods, Inc. Retirement Savings Plan | Peco Foods, Inc. | DC | 6,708 | $129M | $19,294 | $699 | $143 |
| Naphcare US Inc. 401(k) Plan | Naphcare U.S., Inc. | DC | 6,538 | $61.1M | $9,353 | $270 | $27.50 |
| The Infirmary 403(b) Plan | Infirmary Health System | DC | 6,002 | $15.6M | $2,607 | — | — |
| Jim N Nicks 401(k) Plan | Jim N Nicks Management LLC | DC | 5,739 | $7.7M | $1,346 | $38 | $4.41 |
| Brasfield & Gorrie 401(k) Plan | Brasfield & Gorrie, L.L.C. | DC | 5,435 | $493M | $90,685 | $4,366 | $15.85 |
| Mazda Toyota Manufacturing, U. S. a. 401(k) Plan | Mazda Toyota Manufacturing, U.S.A. Inc. | DC | 5,246 | $102M | $19,408 | $3,619 | $71.88 |
| Blue Cross and Blue Shield of Al 401(k) Plan Salary Deferral Plan | Blue Cross Blue Shield of Alabama | DC | 5,222 | $880M | $168,593 | $3,948 | $89.07 |
| Ebsco Savings and Profit Sharing Plan | Ebsco Industries, Inc. | DC | 5,067 | $731M | $144,254 | $8,108 | $56.69 |
| Protective Life Corporation Pension Plan | Protective Life Corporation | DB | 4,973 | $332M | $66,832 | — | $126 |
| E. a. Renfroe & Company, Inc. 401(k) Plan | E. a. Renfroe & Company, Inc. | DC | 4,927 | $30.3M | $6,149 | $23 | $30.15 |
| Protective Life Corporation 401(k) Plan | Protective Life Corporation | DC | 4,813 | $695M | $144,479 | $3,872 | $119 |
| Cpi 401(k) Plan | Construction Partners, Inc. | DC | 4,538 | $134M | $29,529 | $1,879 | $93.33 |
| Astrion 401(k) Plan | Astrion | DC | 4,375 | $359M | $82,041 | $3,844 | $109 |
| Books-A-Million, Inc. 401(k) Plan | Books-A-Million, Inc. | DC | 4,366 | $40.2M | $9,217 | $218 | $36.57 |
| Hyundai Motor Manufacturing Alabama, LLC 401(k) Plan | Hyundai Motor Manufacturing Alabama, LLC | DC | 4,362 | $325M | $74,449 | $5,068 | $46.66 |
| PS Logistics 401(k) Plan | PS Logistics, LLC | DC | 4,123 | $26.7M | $6,478 | $209 | $55.15 |
| Lyons & Company, Inc. Multiple Employer Plan | Lyons & Company, Inc. | DC | 4,057 | $79.9M | $19,697 | $1,325 | $203 |
| O'Neal Steel 401(k) Plan | O'Neal Steel, Inc. | DC | 3,863 | $426M | $110,384 | $3,305 | $78.79 |
| Jack's Family Restaurants/sfm 401(k) | Jack's Family Restaurants/sfm LP | DC | 3,815 | $17.1M | $4,486 | $139 | $42.50 |
| Tacala, LLC 401(k) Retirement Savings Plan | Tacala, LLC | DC | 3,611 | $19.2M | $5,324 | $170 | $47.93 |
| The Health Care Authority for Baptist Health Matching Dollar Plan | The Health Care Authority for Baptist Health, an Aff of Uab HLTH Systm | DC | 3,459 | $49.0M | $14,163 | $1,588 | $14.35 |
| Vulcan Materials Company Pension Plan | Legacy Vulcan LLC | DB | 3,303 | $471M | $142,675 | — | $167 |
| Acipco 401(k) Plan | American Cast Iron Pipe Company | DC | 3,270 | $534M | $163,324 | $9,175 | $31.38 |
| JHCC Holdings LLC 401(k) Plan | JHCC Holdings LLC | DC | 3,254 | $21.5M | $6,595 | $499 | $45.08 |
| Aviagen, Inc. 401(k) Retirement Plan | Aviagen, Inc. | DC | 3,156 | $163M | $51,560 | $2,996 | $37.40 |
| Hargrove 401(k) Plan and Trust | Hargrove and Associates, Inc. | DC | 3,154 | $251M | $79,544 | $2,658 | $103 |
| Austal USA. LLC 401(k) Plan | Austal USA. LLC | DC | 3,123 | $130M | $41,489 | $1,552 | $92.49 |
| American Cast Iron Pipe Company Pension Plan | American Cast Iron Pipe Company | DB | 3,069 | $427M | $138,991 | $16,443 | — |
| Carr, Riggs & Ingram Capital, LLC 401(k) Plan & Trust | Carr, Riggs & Ingram Capital, LLC | DC | 3,040 | $389M | $128,068 | $4,247 | $56.34 |
| Coleman World Group, LLC Savings & Protection Plan | Coleman American Companies, Inc. | DC | 2,983 | $36.4M | $12,214 | $101 | $67.07 |
| Dsi 401(k) Plan | Dothan Security, Inc. | DC | 2,974 | $2.8M | $929 | $24 | $17.46 |
| McWane Hourly 401(k) Retirement Plan | McWane, Inc. | DC | 2,885 | $66.6M | $23,079 | $1,998 | $55.55 |
| Savings and Profit Sharing Plan and Trust Agreement of Alfa Mutual Insurance Company | Alfa Mutual Insurance Company | DC | 2,830 | $272M | $96,093 | $2,208 | $120 |
| Hargrove Holding Company, Inc. Teammate Stock Ownership Plan | Hargrove Holding Company, Inc. | DC | 2,764 | $73.3M | $26,507 | $2,733 | $71.42 |
| Regions Financial Corporation Retirement Plan for Associates | Regions Financial Corporation | DB | 2,720 | $708M | $260,344 | — | $562 |
| Axient 401(k) Plan | Axient, LLC | DC | 2,720 | $319M | $117,196 | $7,700 | $102 |
| Crowne Management, LLC 401(k) and Profit Sharing Plan | Crowne Management, LLC | DC | 2,696 | $33.6M | $12,453 | $253 | $89.10 |
| Colsa Corporation 401(k) Profit Sharing Plan | Colsa Corporation | DC | 2,570 | $277M | $107,833 | $3,592 | $42.16 |
| Am/ns Calvert LLC 401(k) Plan | Am/ns Calvert LLC | DC | 2,538 | $289M | $113,690 | $5,447 | $19.67 |
| CMG Hourly Pension Plan | Legacy Vulcan LLC | DB | 2,468 | $144M | $58,381 | $8,020 | $223 |
| Radiance Technologies, Inc. 401(k) Profit Sharing Plan | Radiance Technologies | DC | 2,439 | $170M | $69,774 | $4,594 | $78.43 |
| Trubridge 401(k) Retirement Plan | Trubridge, Inc. | DC | 2,400 | $213M | $88,630 | $1,552 | $113 |
By plan size
By industry
By plan year
Questions and answers
How many retirement plans are there in Alabama?
794 plans with 100 or more participants filed Form 5500 for plan year 2024, out of 1,571 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 Alabama?
The median defined contribution plan reported $43,932 in net assets per participant (middle half of plans: $20,669 to $87,752); 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 Alabama?
The median defined contribution plan received $1,983 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 Alabama?
Among defined contribution plans that report any Schedule C compensation, the median was $129 per participant and 0.32% 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 and Form 5500-SF 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.