State · sponsors with a New York filing address
Retirement plans in New York
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.
5,701 retirement plans based in New York with 100 or more participants filed Form 5500 for plan year 2024 (4,984 defined contribution, 717 defined benefit). All Form 5500 pension filers in the group reported 11,997,446 participant records and $1.08T in net assets.
The median defined contribution plan held $59,936 per participant, above the national median of $53,031, and its employer put in $2,467 per active participant (national: $2,174). Among plans reporting Schedule C compensation the median was $112 per participant against $123 nationally.
Employers contributed $25.1B and participants $30.6B during the year, and the plans paid out $96.2B in benefits.
In 2009 the same group numbered 6,171 plans with $457.3B; by 2024 it was 5,701 plans (down 8%) and $1.08T (up 137%). 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, 56,509 small plans based in New York filed the short Form 5500-SF for 2024, with 1,375,740 participants and $100.4B 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 | NY: DC | US: DC | NY: DB | US: DB |
|---|---|---|---|---|
| Net assets per participant | $59,936 | $53,031 | $86,462 | $86,234 |
| Employer contributions per active participant | $2,467 | $2,174 | $9,584 | $10,244 |
| Schedule C compensation per participant | $112 | $123 | $379 | $344 |
| Schedule C compensation, share of net assets | 0.22% | 0.26% | 0.50% | 0.42% |
| Administrative expenses per participant | $102 | $116 | $589 | $527 |
Medians across plans with 100 or more participants (4,807 DC and 703 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 | $27,659 | $59,936 | $115,216 | 4,807 |
| Employer contributions per active participant | $1,029 | $2,467 | $4,924 | 4,440 |
| Schedule C compensation per participant | $45.99 | $112 | $218 | 4,391 |
| Administrative expenses per participant | $37.61 | $102 | $210 | 4,600 |
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 | 630 | 1,076,122 | $172.2B | $2.62B | $4.79B | $85,520 | $130 |
| 2024 | 5,701 | 11,997,446 | $1.08T | $25.1B | $30.6B | $59,936 | $112 |
| 2023 | 5,785 | 11,650,381 | $987.4B | $24.3B | $28.5B | $53,379 | $97.63 |
| 2022 | 6,327 | 11,181,203 | $871.5B | $23.3B | $27.0B | $41,793 | $91.79 |
| 2021 | 6,200 | 10,107,757 | $986.2B | $19.6B | $22.7B | $51,177 | $96.85 |
| 2020 | 6,292 | 10,550,224 | $941.6B | $22.9B | $20.6B | $47,311 | $84.04 |
| 2019 | 6,266 | 10,419,420 | $835.2B | $22.4B | $20.1B | $41,148 | $74.29 |
| 2018 | 6,124 | 10,322,433 | $727.1B | $21.6B | $18.5B | $36,739 | $67.34 |
| 2017 | 6,119 | 10,281,341 | $789.2B | $23.6B | $17.6B | $39,589 | $56.66 |
| 2016 | 6,125 | 10,558,454 | $722.1B | $23.1B | $17.4B | $35,201 | $47.97 |
| 2015 | 6,085 | 11,147,697 | $703.1B | $20.3B | $17.1B | $33,414 | $42.06 |
| 2014 | 6,025 | 10,856,359 | $705.1B | $20.7B | $16.3B | $34,460 | $39.66 |
| 2013 | 5,988 | 11,024,530 | $678.5B | $19.3B | $15.2B | $33,904 | $33.55 |
| 2012 | 5,958 | 10,485,593 | $602.4B | $21.1B | $14.7B | $29,649 | $33.18 |
| 2011 | 6,000 | 11,136,817 | $546.6B | $22.1B | $14.1B | $26,625 | $34.35 |
| 2010 | 5,977 | 10,116,367 | $523.2B | $18.3B | $12.7B | $27,604 | $34.16 |
| 2009 | 6,171 | 10,087,059 | $457.3B | $20.2B | $12.5B | $24,269 | $26.09 |
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 5,691 plans on this page's list, by number of plans. A plan usually names several providers.
Largest plans
The 60 largest by participants of 5,691 plans with a page on this site.
| Plan | Sponsor | Type | Participants | Net assets | Per participant | Employer / active | Sch. C / participant |
|---|---|---|---|---|---|---|---|
| Paychex Pooled Employer 401(k) Plan | Paychex Retirement LLC | DC | 661,036 | $1.77B | $2,675 | $272 | $21.87 |
| 1199SEIU Health Care Employees Pension Fund | Board of Trustees of 1199SEIU Health Care Employees Pension Fund | DB | 296,800 | $16.1B | $54,361 | $8,148 | $407 |
| Legacy Plan of the National Retirement Fund | BD of Trustees-Legacy Plan of the National Retirement Fund | DB | 184,550 | $1.83B | $9,920 | $5,771 | $107 |
| Justworks Retirement Savings Plan | Justworks Employment Group, LLC | DC | 163,323 | $3.93B | $24,074 | $1,420 | $56.82 |
| The Pepsico Savings Plan | Pepsico, Inc. | DC | 161,067 | $16.7B | $103,729 | $3,281 | $12.20 |
| IBM 401(k) Plan | International Business Machines Corporation | DC | 144,897 | $63.3B | $437,135 | — | $249 |
| IBM Personal Pension Plan | International Business Machines Corporation | DB | 144,666 | $17.6B | $121,482 | — | $393 |
| Building Service 32BJ Supplemental Retirement Savings Plan | Board of Trustees of the Building Service 32BJ Supplemental | DC | 122,833 | $2.56B | $20,804 | $864 | $36.79 |
| Building Service 32BJ Pension Fund | Board of Trustees of the Building Service 32BJ Pension Fund | DB | 121,234 | $4.57B | $37,717 | $8,233 | $99.98 |
| I.A.T.S.E. Annuity Fund | Board of Trustees I.A.T.S.E. Annuity Fund | DC | 100,475 | $1.43B | $14,184 | $934 | $36.65 |
| Young Men's Christian Association Retirement Fund Retirement Plan | Young Men's Christian Association Retirement Fund | DC | 99,339 | $3.88B | $39,020 | $4,529 | — |
| 1199SEIU Home Care Employees Pension Fund | Board of Trustees of the 1199SEIU Home Care Employees Pension Fund | DB | 98,110 | $567M | $5,779 | $541 | $67.03 |
| Abm 401(k) Employee Savings Plan | Abm Industries Incorporated | DC | 88,660 | $696M | $7,848 | $275 | $11.55 |
| The Legacy Plan of the Unite Here Retirement Fund | Board of Trustees - Legacy Plan of the Unite Here Retirement Fund | DB | 87,313 | $601M | $6,887 | $5,745 | $96.84 |
| Pepsico, Inc. Employees Retirement Plan H | Pepsico, Inc. | DB | 85,189 | $4.20B | $49,271 | — | $261 |
| Morgan Stanley 401(k) Plan | Morgan Stanley Domestic Holdings, LLC | DC | 80,789 | $22.0B | $272,542 | $7,353 | $211 |
| The Mount Sinai Medical Center 403(b) Retirement Plan | The Mount Sinai Medical Center | DC | 75,936 | $9.49B | $125,025 | $3,118 | $25.43 |
| The Adjustable Plan of the Unite Here Retirement | Board of Trustees - Adjustable Plan of the Unite Here Retirement Fund | DB | 72,394 | $449M | $6,207 | $1,468 | $57.39 |
| The Retirement Savings Plan | The New York-Presbyterian Hospital | DC | 72,256 | $4.83B | $66,844 | $363 | $27.87 |
| The Wegmans Retirement Plans | Wegmans Food Markets Inc. | DC | 66,626 | $3.98B | $59,699 | $1,579 | $7.11 |
| Northwell Health 403(b) Plan | Northwell Health, Inc. | DC | 65,962 | $10.9B | $165,543 | $3,083 | $47.91 |
| Freedom Care 401(k) Plan | Freedom Care LLC | DC | 59,785 | $23.4M | $392 | $8 | $9.43 |
| Pfizer Savings Plan | Pfizer Inc. | DC | 57,113 | $22.0B | $384,730 | $18,743 | $171 |
| New York Hotel Trades Council and Hotel Association of New York City, Inc. Pension Fund | Board of Trustees | DB | 56,488 | $2.60B | $46,097 | $7,088 | $214 |
| Pepsico Employees Retirement Plan I | Pepsico, Inc. | DB | 55,326 | $6.82B | $123,315 | $24,958 | $318 |
| Pfizer Consolidated Pension Plan | Pfizer Inc. | DB | 52,666 | $9.96B | $189,103 | — | — |
| American Federation of Musicians and Employers' Pension Fund and Subsidiary | Board of Trustees of the American Federation of Musicians and Employe | DB | 52,611 | $3.13B | $59,401 | $4,173 | $311 |
| GE Energy Pension Plan | Ropcor, Inc. | DB | 51,368 | $8.92B | $173,644 | — | $28.28 |
| International Brotherhood of Trade Unions Local 713 Annuity Fund | Board of Trustees Local 713 Annuity Fund | DC | 50,911 | $33.8M | $663 | $118 | $8.22 |
| The Goldman Sachs 401(k) Plan | The Goldman Sachs Group, Inc. | DC | 49,526 | $12.8B | $257,605 | $8,403 | $325 |
| Equity-League Pension Trust Fund | Board of Trustees of the Equity-League Pension Trust Fund | DB | 48,302 | $2.34B | $48,451 | $840 | $621 |
| Nyu Langone Health 403(b) Plan | Nyu Langone Hospitals | DC | 48,046 | $3.59B | $74,685 | $3,563 | $17.46 |
| Essilorluxottica Retirement Savings Plan 1 | Essilorluxottica USA Inc. | DC | 47,990 | $1.50B | $31,300 | $1,458 | $20.18 |
| University of Rochester Retirement Program | University of Rochester | DC | 47,731 | $8.00B | $167,656 | $5,583 | $30.43 |
| New York State Nurses Association Pension Plan | Board of Trustees-New York State Nurses Association Pension Plan | DB | 46,491 | $5.84B | $125,702 | $10,383 | $682 |
| Pentegra Defined Contribution Plan for Financial Institutions | Board of Directors of Pentegra Defined Contribution Plan | DC | 45,161 | $2.26B | $50,049 | $1,181 | $198 |
| Adjustable Plan of the National Retirement Fund | BD of Trustees-Adjustable Plan of the National Retirement Fund | DB | 45,017 | $161M | $3,583 | $519 | $75.81 |
| Northwell Health 401(k) Plan | Northwell Health, Inc. | DC | 43,550 | $1.85B | $42,494 | $4,641 | $37.93 |
| Omnicom Group Retirement Savings Plan | Omnicom Group Inc. | DC | 42,833 | $4.47B | $104,358 | $164 | $44.93 |
| Northwell Health Pension Plan | Northwell Health, Inc. | DB | 42,096 | $2.74B | $65,187 | — | $219 |
| The Savings and Investment Plan | WPP Group USA, Inc. | DC | 41,591 | $4.71B | $113,260 | $3,906 | $37.91 |
| Pension, Hospitalization & Benefit Plan of the Electrical Industry - Pension Trust Acct | BD of TR of the Pension, Hosp & Benefit PL of the Elec Ind-Pension | DB | 40,749 | $5.24B | $128,644 | $8,119 | $486 |
| Columbia University Voluntary Retirement Savings Plan | Trustees of Columbia University | DC | 40,437 | $4.71B | $116,458 | — | $29.63 |
| American Express Retirement Savings Plan | American Express Company and Its Participating Subsidiaries | DC | 39,763 | $10.4B | $260,405 | $11,156 | $359 |
| Annuity Plan of the Electrical Industry | Board of Trustees of the Annuity Plan of the Electrical Industry | DC | 39,697 | $2.28B | $57,490 | $5,387 | $175 |
| American International Group, Inc. Retirement Plan | American International Group, Inc. | DB | 39,221 | $2.97B | $75,772 | $0 | $278 |
| Warner Bros. Discovery 401(k) Savings Plan | Warner Bros. Discovery, Inc. | DC | 38,868 | $9.21B | $236,943 | $8,460 | $66.39 |
| Newyork-Presbyterian Pension Plan | The New York and Presbyterian Hospital | DB | 38,699 | $2.50B | $64,523 | — | $145 |
| New York District Council of Carpenters Annuity FD | Board of Trustees of the Nydcc Annuity FD | DC | 38,355 | $3.69B | $96,222 | $10,714 | $5.25 |
| The Interpublic Group of Companies, Inc. Savings Plan | The Interpublic Group of Companies, Inc. | DC | 37,524 | $4.07B | $108,565 | $3,183 | $108 |
| Marsh & McLennan Companies Retirement Plan | Marsh & McLennan Companies, Inc. | DB | 35,450 | $4.06B | $114,395 | — | $302 |
| McKinsey & Company, Inc. (PSRP) Profit Sharing Retirement Plan | McKinsey & Company, Inc. | DC | 35,298 | $9.81B | $277,927 | $6,312 | $59.53 |
| Memorial Sloan Kettering Cancer Center Retirement Savings Plan | Memorial Sloan Kettering Cancer Center | DC | 35,063 | $6.45B | $183,931 | $8,057 | $8.34 |
| Retirement Plan for Officers of Columbia University | Trustees of Columbia University | DC | 34,090 | $5.64B | $165,543 | $14,200 | $27.68 |
| Deferred Salary Plan of the Electrical Industry | Board of Trustees of the Deferred Salary Plan of the Electrical Ind | DC | 33,824 | $7.99B | $236,139 | $14,185 | $128 |
| Paramount Global 401(k) Plan (Fka Viacomcbs 401(k) Plan) | Paramount Global | DC | 33,764 | $6.35B | $188,172 | $8,822 | $93.19 |
| GE Vernova Retirement Savings Plan | Ropcor, Inc. | DC | 33,134 | $8.21B | $247,657 | $7,341 | $5.85 |
| Kodak Retirement Income Plan | Eastman Kodak Company | DB | 33,088 | $3.11B | $94,041 | — | $307 |
| Corning Incorporated Pension Plan | Corning Incorporated | DB | 33,086 | $2.84B | $85,902 | — | — |
| Marsh & McLennan Companies 401(k) Savings and Investment Plan | Marsh & McLennan Companies, Inc. | DC | 32,965 | $7.40B | $224,607 | $8,635 | — |
By plan size
By industry
By plan year
Questions and answers
How many retirement plans are there in New York?
5,701 plans with 100 or more participants filed Form 5500 for plan year 2024, out of 8,927 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 New York?
The median defined contribution plan reported $59,936 in net assets per participant (middle half of plans: $27,659 to $115,216); 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 New York?
The median defined contribution plan received $2,467 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 New York?
Among defined contribution plans that report any Schedule C compensation, the median was $112 per participant and 0.22% 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.