State · sponsors with a Vermont filing address
Retirement plans in Vermont
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, 202 retirement plans based in Vermont with 100 or more participants filed Form 5500: 194 defined contribution and 8 defined benefit. They reported 115,329 participant records and $11.0B in net assets, counting every plan on the form.
The median defined contribution plan held $62,324 per participant, above the national median of $53,031, and its employer put in $2,448 per active participant (national: $2,174). Among plans reporting Schedule C compensation the median was $137 per participant against $123 nationally.
Employers contributed $260M and participants $367M during the year, and the plans paid out $1.00B in benefits.
In 2009 the same group numbered 234 plans with $3.52B; by 2024 it was 202 plans (down 14%) and $11.0B (up 212%). 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, 1,798 small plans based in Vermont filed the short Form 5500-SF for 2024, with 47,565 participants and $3.20B 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 | VT: DC | US: DC | VT: DB | US: DB |
|---|---|---|---|---|
| Net assets per participant | $62,324 | $53,031 | $112,951 | $86,234 |
| Employer contributions per active participant | $2,448 | $2,174 | $9,572 | $10,244 |
| Schedule C compensation per participant | $137 | $123 | $346 | $344 |
| Schedule C compensation, share of net assets | 0.24% | 0.26% | 0.33% | 0.42% |
| Administrative expenses per participant | $126 | $116 | $374 | $527 |
Medians across plans with 100 or more participants (187 DC and 8 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 | $36,769 | $62,324 | $111,538 | 187 |
| Employer contributions per active participant | $1,332 | $2,448 | $3,832 | 183 |
| Schedule C compensation per participant | $67.93 | $137 | $255 | 173 |
| Administrative expenses per participant | $62.07 | $126 | $224 | 181 |
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 | 42 | 22,836 | $2.21B | $39.6M | $69.2M | $89,965 | $163 |
| 2024 | 202 | 115,329 | $11.0B | $260M | $367M | $62,324 | $137 |
| 2023 | 210 | 118,588 | $9.93B | $255M | $355M | $53,558 | $121 |
| 2022 | 242 | 124,017 | $8.92B | $261M | $330M | $43,566 | $125 |
| 2021 | 244 | 122,418 | $10.4B | $232M | $299M | $51,700 | $118 |
| 2020 | 249 | 123,820 | $9.77B | $231M | $278M | $46,695 | $102 |
| 2019 | 247 | 208,737 | $8.64B | $263M | $280M | $40,675 | $92.16 |
| 2018 | 245 | 127,168 | $7.57B | $220M | $265M | $35,379 | $88.11 |
| 2017 | 247 | 126,323 | $7.87B | $262M | $249M | $37,396 | $75.54 |
| 2016 | 244 | 125,190 | $6.95B | $239M | $237M | $35,743 | $55.00 |
| 2015 | 248 | 125,545 | $6.47B | $242M | $228M | $34,813 | $52.78 |
| 2014 | 249 | 127,142 | $6.61B | $245M | $226M | $35,156 | $46.01 |
| 2013 | 246 | 120,615 | $5.84B | $196M | $207M | $33,783 | $36.65 |
| 2012 | 238 | 119,469 | $5.15B | $209M | $187M | $29,060 | $34.22 |
| 2011 | 229 | 113,977 | $4.33B | $188M | $167M | $24,297 | $38.71 |
| 2010 | 219 | 110,383 | $4.15B | $153M | $155M | $26,581 | $40.25 |
| 2009 | 234 | 111,911 | $3.52B | $139M | $140M | $24,268 | $39.02 |
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 199 plans on this page's list, by number of plans. A plan usually names several providers.
Largest plans
The 60 largest by participants of 199 plans with a page on this site.
| Plan | Sponsor | Type | Participants | Net assets | Per participant | Employer / active | Sch. C / participant |
|---|---|---|---|---|---|---|---|
| The University of Vermont Medical Center 403(b) Plan | The University of Vermont Health Network 403(b)) Retirement Savings Plan | DC | 17,083 | $2.22B | $129,938 | $5,133 | $101 |
| Casella Waste Systems 401(k) Plan | Casella Waste Systems, Inc. | DC | 4,353 | $161M | $36,965 | $1,153 | $70.59 |
| The Middlebury College Core Retirement Plan | The President and Fellows of Middlebury College | DC | 3,096 | $621M | $200,441 | $10,783 | $103 |
| Rutland Regional Health Services Retirement Savings Plan | Rutland Regional Medical Center | DC | 2,370 | $289M | $121,941 | $3,770 | $103 |
| The Orvis Company 401(k) Plan | The Orvis Company, Inc. | DC | 2,355 | $105M | $44,451 | $1,313 | $64.83 |
| The Middlebury College Voluntary Retirement Plan | The President & Fellows of Middlebury College | DC | 2,298 | $324M | $141,137 | — | $54.27 |
| National Life Group 401(k) Plan | National Life Insurance Company | DC | 2,159 | $335M | $155,306 | $3,846 | $95.57 |
| Mack Molding Company Employee Savings and Profit Sharing Plan | Mack Molding Company, Inc. | DC | 2,000 | $113M | $56,629 | $808 | $20.50 |
| Retirement Plan for Employees of Howardcenter | Howard Center | DC | 1,892 | $110M | $58,277 | $2,612 | $97.51 |
| Norwich University Defined Contribution Retirement Plan | Norwich University | DC | 1,875 | $176M | $93,734 | $2,699 | $101 |
| Southwestern Vermont Health Care 403(b) | Southwestern Vermont Health Care | DC | 1,523 | $80.1M | $52,624 | $1,582 | $105 |
| National Life Group Pension Plan for Employees | NLV Financial Corporation | DB | 1,396 | $309M | $221,331 | $8,264 | $104 |
| Incentive Retirement Plan for Employees of PC Construction Company | PC Construction Company | DC | 1,379 | $150M | $108,513 | $11,586 | $93.39 |
| Aspire Living & Learning, Inc. 403(b) Plan | Aspire Living & Learning, Inc. | DC | 1,313 | $30.4M | $23,179 | $606 | $138 |
| Gifford Health Care, Inc. 403(b) Retirement Plan | Gifford Health Care, Inc. | DC | 1,270 | $74.1M | $58,347 | $2,563 | $79.69 |
| Retirement Plan for Employees of Saint Michael's College | Saint Michaels College Services, LLC | DC | 1,120 | $97.2M | $86,785 | $687 | $132 |
| World Learning, Inc. Retirement Plan | World Learning, Inc. | DC | 1,108 | $96.3M | $86,914 | $2,066 | $97.86 |
| Bowl New England, Inc. 401(k) Profit Sharing Plan | Bowl New England, Inc. | DC | 1,067 | $10.6M | $9,918 | $408 | — |
| Northwestern Medical Center, Inc. 403(b) Plan | Northwestern Medical Center, Inc. | DC | 1,025 | $93.2M | $90,918 | $3,630 | $40.40 |
| Springfield 401(k) Plan | Springfield Hospital | DC | 991 | $38.7M | $39,013 | $708 | $56.62 |
| NVRH 401(k) Retirement Plan | Northeastern Vermont Regional Hospital, Inc. | DC | 969 | $84.0M | $86,702 | $3,370 | $71.06 |
| North Country Health System, Inc. Contributory Tax Sheltered Retirement Plan | North Country Health System, Inc. | DC | 934 | $74.0M | $79,180 | $3,030 | $142 |
| Brattleboro Memorial Hospital 403(b) Plan | Brattleboro Memorial Hospital | DC | 919 | $45.7M | $49,740 | $4,472 | $125 |
| Employees' Retirement Plan of Green Mountain Power Corporation | Green Mountain Power Corporation | DB | 904 | $149M | $165,299 | $36,946 | $1,085 |
| Beta Technologies 401(k) Plan | Beta Technologies, Inc. | DC | 897 | $32.6M | $36,355 | $4 | $141 |
| Northeast Kingdom Human Services, Inc. DC Plan | Northeast Kingdom Human Services, Inc. | DC | 892 | $27.2M | $30,515 | $1,937 | $55.87 |
| Weidmann Electrical Technology 401(k) Retirement Plan | Weidmann Electrical Technology Inc. | DC | 848 | $90.3M | $106,446 | $3,684 | $221 |
| National Life Insurance Company Agents Retirement Plan | National Life Insurance Company | DC | 847 | $65.7M | $77,578 | $1,712 | $51.97 |
| Husky Retirement Savings | Husky Injection Molding System, Inc. | DC | 840 | $175M | $208,566 | $7,246 | $103 |
| Champlain College Defined Contribution Retirement Plan | Champlain College Incorporated | DC | 815 | $128M | $156,535 | $2,105 | $237 |
| Washington County Mental Health Services, Inc. 403(b) Plan | Washington County Mental Health Services | DC | 800 | $28.1M | $35,086 | $1,586 | $27.80 |
| Copley Health Systems, Inc. 403(b) Retirement Plan | Copley Health Systems, Inc. | DC | 790 | $51.1M | $64,641 | $1,579 | $84.80 |
| Vermont Information Processing, Inc. Profit Sharing Plan | Vermont Information Processing, Inc. | DC | 783 | $37.1M | $47,400 | — | $200 |
| Northern Counties Health Care Retirement Plan | Northern Counties Health Care, Inc. | DC | 765 | $23.5M | $30,723 | $1,954 | $120 |
| Green Mountain Power Corporation Employee Savings and Investment Plan and Trust | Green Mountain Power Corporation | DC | 724 | $243M | $336,030 | $7,234 | $190 |
| Northwestern Counseling and Support Services Tax Deferred Annuity | Northwestern Counseling and Support Services, Inc. | DC | 715 | $36.9M | $51,602 | $2,198 | $42.68 |
| S.B. Collins, Inc. 401(k) Plan | S.B. Collins, Inc. | DC | 706 | $9.7M | $13,701 | $458 | $117 |
| G. S. Precision, Inc. 401(k) Employee Savings Plan & Trust | G. S. Precision, Inc. | DC | 698 | $35.3M | $50,556 | $1,377 | $307 |
| Health Care and Rehabilitation Services of Southeastern Vermont | Health Care and Rehabilitation Services of Southeastern Vermont | DC | 695 | $26.3M | $37,796 | $1,652 | $255 |
| Bennington College 403(b) DC Plan | Bennington College Corporation | DC | 691 | $69.4M | $100,427 | $4,075 | $123 |
| Burton 401(k) Incentive Savings Plan | Burton Corporation | DC | 681 | $86.7M | $127,369 | $1,902 | $143 |
| Momentum Manufacturing Group 401(k) Plan | Momentum Manufacturing Group | DC | 676 | $33.2M | $49,045 | $512 | $123 |
| CFC ESOP | Carris Financial Corp. | DC | 668 | $97.5M | $145,978 | $13,287 | — |
| BW at RV Hotels Inc. 401(k) Profit Sharing Plan & Trust | BW at RV Hotels Inc. | DC | 667 | $2.8M | $4,266 | $135 | $28.67 |
| Non-Contributory Retirement Program for Certain Employees of Blue Cross and Blue Shield of Vermont | Blue Cross and Blue Shield of Vermont | DB | 658 | $64.0M | $97,204 | $2,364 | $373 |
| Nolato GW Employee Retirement Savings Plan | Nolato GW, Inc. | DC | 657 | $45.7M | $69,583 | $3,598 | $82.65 |
| Smugglers' Notch Resort 401(k) Profit Sharing Plan | Smugglers' Notch Management Company Ltd. | DC | 637 | $11.1M | $17,356 | $242 | $7.35 |
| Landmark College Retirement Plan | Landmark College, Inc. | DC | 630 | $44.6M | $70,748 | $2,594 | $75.25 |
| Vermont Information Processing, Inc. Employee Stock Ownership Plan | Vermont Information Processing, Inc. | DC | 616 | $628M | $1,019,902 | $3,002 | — |
| A.N. Deringer, INC.401(K) Plan | A.N. Deringer, Inc. | DC | 609 | $60.6M | $99,545 | $3,119 | $322 |
| Community Health Centers of Burlington Retirement Plan | Community Health Centers of Burlington, Inc. | DC | 604 | $19.6M | $32,401 | $1,881 | $171 |
| Eastrise Federal Credit Union Salary Savings Plan | Eastrise Federal Credit Union | DC | 601 | $74.3M | $123,587 | $5,501 | $368 |
| Littleton Chevrolet Employee Savings Plan | Littleton Chevrolet, Inc. | DC | 596 | $30.2M | $50,632 | $2,470 | $54.56 |
| Brattleboro Memorial Hospital Money Purchase Pension Plan and Trust | Brattleboro Memorial Hospital | DC | 596 | $28.7M | $48,123 | — | $122 |
| CFC Retirement Plan | Carris Financial Corp. | DC | 587 | $25.7M | $43,852 | $2,496 | $122 |
| The Vermont Country Store, Inc. Profit Sharing Plan | The Vermont Country Store, Inc. | DC | 572 | $38.8M | $67,781 | $2,462 | $188 |
| BCBS of Vermont 401(k) Retirement Program | Blue Cross and Blue Shield of Vermont | DC | 560 | $92.9M | $165,978 | $5,700 | $113 |
| S. D. Ireland Companies 401(k) Plan | S. D. Ireland Concrete Construction Corporation | DC | 521 | $31.5M | $60,534 | $1,163 | $68.03 |
| Community Health Centers of the Rutland Region 403(b) Retirement Plan | Community Health Centers of the Rutland Region | DC | 514 | $41.7M | $81,137 | $3,979 | $207 |
| King Arthur 401(k) Plan | King Arthur Baking Company, Inc. | DC | 494 | $34.4M | $69,592 | $758 | $103 |
By plan size
By industry
By plan year
Questions and answers
How many retirement plans are there in Vermont?
202 plans with 100 or more participants filed Form 5500 for plan year 2024, out of 328 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 Vermont?
The median defined contribution plan reported $62,324 in net assets per participant (middle half of plans: $36,769 to $111,538); 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 Vermont?
The median defined contribution plan received $2,448 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 Vermont?
Among defined contribution plans that report any Schedule C compensation, the median was $137 per participant and 0.24% 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.