State by plan year
Kentucky retirement plan filings, 2024
Plan years beginning in 2024, as filed with the Department of Labor.
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.
For plan years beginning in 2024, 1,289 pension plans based in Kentucky filed the full Form 5500, 822 of them with 100 or more participants (757 defined contribution, 65 defined benefit).
Those filings reported 1,139,360 participant records and $73.8B in net assets, 0.6% of the national total. Employers contributed $2.12B, participants $3.17B, and $7.40B was paid in benefits.
47 filings were marked as a plan's first return and 49 as its final return. A further 5,937 small plans filed the short Form 5500-SF, with 181,695 participants and $10.9B in net assets.
Against 2023: large plans down 2%, participant records up 2%, net assets up 11%.
Kentucky and the United States, 2024
| Measure | Kentucky | United States | Kentucky share |
|---|---|---|---|
| Pension plans on Form 5500 | 1,289 | 127,880 | 1.0% |
| Plans with 100+ participants | 822 | 72,322 | 1.1% |
| Participant records | 1,139,360 | 139,847,537 | 0.8% |
| Net assets | $73.8B | $12.05T | 0.6% |
| Employer contributions | $2.12B | $301.9B | 0.7% |
| Participant contributions | $3.17B | $395.9B | 0.8% |
| Benefits paid | $7.40B | $1.08T | 0.7% |
| First returns | 47 | 4,729 | 1.0% |
| Final returns | 49 | 5,055 | 1.0% |
| Small plans on Form 5500-SF | 5,937 | 746,953 | 0.8% |
Median plan, 2024
| Plans with 100+ participants | KY: DC | US: DC | KY: DB | US: DB |
|---|---|---|---|---|
| Net assets per participant | $41,765 | $53,031 | $65,302 | $86,234 |
| Employer contributions per active participant | $1,776 | $2,174 | $8,711 | $10,244 |
| Schedule C compensation per participant | $115 | $123 | $252 | $344 |
| Administrative expenses per participant | $100 | $116 | $450 | $527 |
Change from 2023
| Measure | 2023 | 2024 | Change |
|---|---|---|---|
| Plans with 100+ participants | 835 | 822 | down 2% |
| Participant records | 1,117,394 | 1,139,360 | up 2% |
| Net assets | $66.6B | $73.8B | up 11% |
| Employer contributions | $1.98B | $2.12B | up 7% |
| Median DC assets per participant | $38,588 | $41,765 | up 8% |
All Kentucky plans, providers and the largest plans
Questions and answers
How many retirement plans filed in Kentucky for 2024?
1,289 pension plans on the full Form 5500 (822 with 100 or more participants) and 5,937 small plans on Form 5500-SF.
How many new and terminated plans were there?
47 full-form filings were marked as a first return and 49 as a final return. A final return is filed when a plan terminates or merges into another plan.
What was the median plan like?
The median defined contribution plan with 100 or more participants held $41,765 per participant, and the median employer contribution was $1,776 per active participant.
Why is the state the sponsor's state?
Form 5500 records the plan sponsor's address, not where participants live. A national employer's plan is counted once, in the state of its headquarters filing address.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 and Form 5500-SF research files for 2024, public domain, with filings received through 24 Aug 2026. First and final returns are the filer's own check-boxes on the form. See the methodology.