State · sponsors with a Arizona filing address
Retirement plans in Arizona
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.
1,043 retirement plans based in Arizona with 100 or more participants filed Form 5500 for plan year 2024 (993 defined contribution, 50 defined benefit). All Form 5500 pension filers in the group reported 1,733,244 participant records and $90.4B in net assets.
The median defined contribution plan held $31,814 per participant, well below the national median of $53,031, and its employer put in $1,649 per active participant (national: $2,174). Among plans reporting Schedule C compensation the median was $106 per participant against $123 nationally.
Employers contributed $2.66B and participants $4.71B during the year, and the plans paid out $9.02B in benefits.
In 2009 the same group numbered 1,011 plans with $27.5B; by 2024 it was 1,043 plans (up 3%) and $90.4B (up 229%). 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, 13,910 small plans based in Arizona filed the short Form 5500-SF for 2024, with 335,609 participants and $14.3B 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 | AZ: DC | US: DC | AZ: DB | US: DB |
|---|---|---|---|---|
| Net assets per participant | $31,814 | $53,031 | $72,740 | $86,234 |
| Employer contributions per active participant | $1,649 | $2,174 | $6,061 | $10,244 |
| Schedule C compensation per participant | $106 | $123 | $436 | $344 |
| Schedule C compensation, share of net assets | 0.36% | 0.26% | 0.49% | 0.42% |
| Administrative expenses per participant | $106 | $116 | $490 | $527 |
Medians across plans with 100 or more participants (945 DC and 47 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 | $15,112 | $31,814 | $63,532 | 945 |
| Employer contributions per active participant | $737 | $1,649 | $3,265 | 900 |
| Schedule C compensation per participant | $54.34 | $106 | $188 | 881 |
| Administrative expenses per participant | $47.47 | $106 | $185 | 926 |
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 | 183 | 196,365 | $15.9B | $364M | $688M | $40,651 | $122 |
| 2024 | 1,043 | 1,733,244 | $90.4B | $2.66B | $4.71B | $31,814 | $106 |
| 2023 | 1,044 | 1,668,802 | $83.5B | $2.52B | $4.35B | $28,943 | $90.42 |
| 2022 | 1,248 | 1,598,894 | $66.8B | $2.14B | $3.92B | $21,236 | $82.97 |
| 2021 | 1,167 | 1,482,593 | $74.7B | $1.99B | $3.24B | $25,757 | $85.19 |
| 2020 | 1,158 | 1,376,213 | $66.4B | $1.77B | $2.74B | $23,342 | $76.59 |
| 2019 | 1,109 | 1,391,900 | $59.0B | $1.83B | $2.54B | $21,398 | $73.31 |
| 2018 | 1,066 | 1,295,988 | $47.6B | $1.45B | $2.34B | $18,318 | $67.99 |
| 2017 | 1,040 | 1,237,867 | $50.9B | $1.51B | $2.06B | $20,277 | $59.77 |
| 2016 | 1,032 | 1,168,541 | $42.0B | $1.37B | $1.79B | $18,388 | $46.66 |
| 2015 | 1,026 | 1,144,262 | $40.2B | $1.38B | $1.74B | $17,039 | $40.24 |
| 2014 | 1,022 | 1,158,403 | $44.5B | $1.29B | $1.70B | $17,217 | $38.89 |
| 2013 | 997 | 1,103,783 | $41.1B | $1.45B | $1.52B | $16,402 | $31.67 |
| 2012 | 974 | 1,101,956 | $35.7B | $1.38B | $1.42B | $15,011 | $30.93 |
| 2011 | 971 | 1,073,861 | $31.5B | $1.25B | $1.35B | $13,754 | $29.34 |
| 2010 | 981 | 1,079,219 | $31.2B | $1.30B | $1.27B | $14,551 | $30.72 |
| 2009 | 1,011 | 1,154,679 | $27.5B | $1.41B | $1.23B | $11,696 | $27.43 |
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 1,048 plans on this page's list, by number of plans. A plan usually names several providers.
Largest plans
The 60 largest by participants of 1,048 plans with a page on this site.
| Plan | Sponsor | Type | Participants | Net assets | Per participant | Employer / active | Sch. C / participant |
|---|---|---|---|---|---|---|---|
| Circle K Retirement Plan | The Circle K Retirement Plan | DC | 75,362 | $506M | $6,713 | $106 | $12.95 |
| Banner Health Employees 401(k) Plan | Banner Health | DC | 72,485 | $4.92B | $67,856 | $2,192 | $54.73 |
| Desert States Employers & UFCW Unions Pension Plan | Board of Trustees, Desert States Employers & UFCW | DB | 55,607 | $1.04B | $18,617 | $1,263 | $81.25 |
| Petsmart, Inc. Savesmart 401(k) Plan | Petsmart, LLC | DC | 49,074 | $773M | $15,760 | $350 | $20.35 |
| Sequoia One 401(k) Plan | Sequoia One PEO, LLC | DC | 47,034 | $1.40B | $29,733 | $1,808 | $41.92 |
| Vensure Employer Services, Inc. 401(k) Profit Sharing Plan | Vensure Employer Services, Inc. | DC | 42,571 | $982M | $23,079 | $1,398 | $106 |
| Republic Services, Inc. 401(k) Plan | Republic Services, Inc. | DC | 42,086 | $2.67B | $63,365 | $2,653 | $85.03 |
| Sprouts Farmers Markets Holdings, LLC Employee 401(k) Savings Plan | Sprouts Farmers Markets Holdings, LLC | DC | 37,940 | $265M | $6,973 | $251 | $11.71 |
| U-Haul Holding Company 401(k) Savings Plan | U-Haul Holding Company | DC | 37,756 | $552M | $14,608 | $0 | $26.18 |
| Troon Golf, L.L.C. 401(k) Plan | Troon Golf, L.L.C. | DC | 37,243 | $334M | $8,960 | $288 | $47.06 |
| Knight-Swift Transportation Holdings, Inc. Retirement Plan | Knight-Swift Transportation Holdings Inc. | DC | 36,328 | $1.02B | $28,053 | $1,082 | $65.17 |
| U-Haul Holding Company Employee Stock Ownership Plan | U-Haul Holding Company | DC | 29,513 | $561M | $19,012 | $1,559 | $0.50 |
| Honor Health 403(b) Retirement Security Plan | Honorhealth | DC | 23,133 | $1.16B | $50,112 | $1,976 | $15.78 |
| Discount Tire/america's Tire Retirement Plan | The Reinalt-Thomas Corporation | DC | 19,584 | $1.39B | $71,087 | $3,455 | $49.97 |
| Carvana, LLC 401(k) Plan | Carvana, LLC | DC | 19,211 | $267M | $13,904 | $469 | $26.89 |
| Freeport-McMoran Inc. Employee Capital Accumulation Program | Freeport-McMoran Inc. | DC | 18,895 | $2.67B | $141,241 | $9,352 | $19.42 |
| Bechtel Trust & Thrift Plan | Bechtel Global Corporation | DC | 16,956 | $6.71B | $395,743 | $11,609 | $270 |
| Stantec 401(k) Plan | Stantec Consulting Services Inc. | DC | 16,713 | $2.32B | $138,758 | $3,720 | $46.48 |
| Pinnacle West Capital Corporation Retirement Plan | Pinnacle West Capital Corporation | DB | 15,460 | $3.06B | $198,230 | — | $513 |
| Reliance, Inc. Master 401(k) Plan | Reliance, Inc. | DC | 14,445 | $1.65B | $114,450 | $2,611 | $19.02 |
| P.F. Chang's China Bistro, Inc. 401(k) Plan | P.F. Chang's China Bistro, Inc. | DC | 14,081 | $50.1M | $3,558 | $51 | $13.26 |
| Banner Health Employees 403(b) Plan | Banner Health | DC | 12,611 | $173M | $13,680 | — | $27.12 |
| Lifestance Health 401(k) Plan | Lifestance Health, Inc. | DC | 12,474 | $295M | $23,680 | $1,707 | $12.20 |
| Team Select Holding, LLC 401(k) Retirement Plan | Team Select Holding, LLC | DC | 11,478 | $18.9M | $1,642 | $0 | $2.80 |
| Salt River Project Employees' Retirement Plan | Salt River Valley Water Users Association | DB | 11,406 | $2.90B | $254,564 | $14,296 | $461 |
| Tandem HR, LLC 401(k) Plan | Tandem Management, LLC | DC | 10,695 | $310M | $28,976 | $1,320 | $116 |
| Ciox Health 401(k) Plan | Ciox Health, LLC | DC | 10,343 | $119M | $11,551 | $0 | $97.87 |
| Southwest Foodservice Excellence 401(k) Plan | Sfe Intermediate Holdco, LLC. | DC | 10,239 | $12.5M | $1,222 | $4 | $54.29 |
| Asml US Employees' Savings and Retirement Plan | Asml US, LLC | DC | 10,096 | $1.81B | $179,155 | $6,018 | $106 |
| Empower HR Retirement Savings Plan | Empower HR, LLC | DC | 9,928 | $114M | $11,517 | $415 | $108 |
| Phoenix Children's Hospital Section 401(k) Investment Plan | Phoenix Children's Hospital | DC | 9,630 | $691M | $71,762 | $2,947 | $36.27 |
| The University of Phoenix, Inc. Savings and Investment Plan | The University of Phoenix, Inc. | DC | 9,570 | $586M | $61,237 | $1,044 | $38.97 |
| Arizona Pipe Trades Defined Contribution Pension Plan | Board of Trustees Arizona Pipe Trades DC Pension Plan | DC | 9,484 | $461M | $48,574 | $3,369 | $110 |
| Grand Canyon University Employees 401(k) Plan | Grand Canyon University | DC | 9,481 | $158M | $16,694 | $266 | $47.23 |
| Carlisle, LLC Employee Incentive Savings Plan | Carlisle, LLC | DC | 9,306 | $870M | $93,453 | $3,696 | $65.87 |
| Insight Enterprises, Inc. 401(k) Plan | Insight Enterprises, Inc. | DC | 8,929 | $942M | $105,445 | $2,467 | $59.24 |
| Microchip Technology Incorporated Savings Plan | Microchip Technology Incorporated | DC | 8,910 | $1.61B | $180,726 | $1,117 | $58.50 |
| Cadence Education LLC 401(k) Savings Plan | Cadence Education LLC | DC | 8,711 | $20.9M | $2,401 | $118 | $12.88 |
| Cavco Industries, Inc. 401(k) Plan | Cavco Industries, Inc. | DC | 8,685 | $214M | $24,611 | $580 | $59.45 |
| The Pinnacle West Capital Corporation Savings Plan | Pinnacle West Capital Corporation | DC | 8,364 | $1.84B | $219,491 | $4,394 | $182 |
| Operating Engineers Local 428 Annuity Trust Fund | Operating Engineers Local 428 Annuity Trust Fund | DC | 8,185 | $313M | $38,281 | $2,051 | $89.78 |
| Shamrock Foods Company 401(k) Plan and Trust | Shamrock Foods Company | DC | 7,955 | $455M | $57,172 | $3,427 | $91.23 |
| TMC Healthcare 401(k) Plan | TMC Healthcare | DC | 7,733 | $379M | $49,066 | $1,535 | $68.73 |
| Avnet Pension Plan | Avnet, Inc. | DB | 7,500 | $472M | $62,950 | $3,245 | $238 |
| Grand Canyon Education Employees 401(k) Plan | Grand Canyon Education, Inc. | DC | 7,257 | $192M | $26,421 | $625 | $48.46 |
| Salt River Project Employees' 401(k) Plan | Salt River Valley Water Users Association | DC | 6,847 | $1.33B | $193,641 | $5,188 | $114 |
| IBEW Local No 640 & Az Chapter Neca Defined Contribution Plan | B of T IBEW Local No 640 & Az Chapter Neca Defined Contribution Plan | DC | 6,401 | $137M | $21,354 | $1,770 | $94.72 |
| Food & Beverage Workers Union Local 23 & Employers Pension Plan | The Board of Trustees of the Food & Beverage Workers Union 23 & Emp. P | DC | 6,379 | $49.9M | $7,815 | $1,474 | $47.35 |
| Onsemi 401(k) Plan | Semiconductor Components Industries, LLC | DC | 6,173 | $1.29B | $209,227 | $5,390 | $54.61 |
| Retirement Income Plan for Hourly-Rated Employees of Asarco LLC | Asarco LLC | DB | 6,000 | $223M | $37,140 | — | $107 |
| Drivetime 401(k) Plan | Drivetime Automotive Group Inc. | DC | 5,974 | $199M | $33,229 | $1,559 | $53.48 |
| Vitalant 401(k) Retirement Savings Plan | Vitalant | DC | 5,734 | $429M | $74,753 | $3,293 | $93.47 |
| Willscot 401(k) Plan | Williams Scotsman, Inc. | DC | 5,628 | $335M | $59,492 | $3,440 | $114 |
| Gen Digital Inc. 401(k) Plan | Gen Digital Inc. | DC | 5,512 | $1.08B | $195,664 | $4,118 | $78.72 |
| Desert de Oro Foods, Inc. 401(k) Plan | Desert de Oro Foods, Inc. | DC | 5,344 | $21.6M | $4,033 | $194 | $29.61 |
| Goodwill Industries of Central Arizona Retirement Plan | Goodwill of Central and Northern Arizona | DC | 5,309 | $16.8M | $3,171 | $104 | $23.18 |
| Godaddy.com, LLC 401(k) Plan | Godaddy.com, LLC | DC | 5,307 | $642M | $120,890 | $4,228 | $118 |
| Standardaero 401(k) Savings Plan | Standardaero Business Aviation Services, Inc. | DC | 5,286 | $406M | $76,819 | $3,150 | $28.30 |
| The Sundt Companies 401(k) Plan | The Sundt Companies, Inc. | DC | 5,141 | $201M | $39,125 | $0 | $14.31 |
| Northern Arizona Healthcare Corporation 401(k) Plan | Northern Arizona Healthcare Corp. | DC | 5,123 | $414M | $80,751 | $4,009 | $102 |
By plan size
By industry
By plan year
Questions and answers
How many retirement plans are there in Arizona?
1,043 plans with 100 or more participants filed Form 5500 for plan year 2024, out of 2,237 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 Arizona?
The median defined contribution plan reported $31,814 in net assets per participant (middle half of plans: $15,112 to $63,532); 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 Arizona?
The median defined contribution plan received $1,649 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 Arizona?
Among defined contribution plans that report any Schedule C compensation, the median was $106 per participant and 0.36% 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.