Who are the largest 401k providers. Fidelity Investments, one of the largest .

Who are the largest 401k providers Nov 13, 2023 · Some companies choose to offer higher matches to recruit and reward employees. There are hundreds of companies that provider record keeping services to 401k plans but only 37 that provide service nationally. Explore the following list of TPAs to customize functions to meet the needs of your company. Discover the top pension plan administrators and streamline retirement planning with Shortlister's curated list of trusted pension plan providers. Sep 9, 2024 · Which recordkeepers stand out? Who provides the best services, support, products, and processes? Few are better positioned to evaluate the numerous offerings now available than advisors, who typically work with various firms across different market segments involving plans of all sizes. However, the capabilities of different Solo 401 (k) companies vary widely. Jun 21, 2025 · Our top picks reflect a spectrum of service models—from all-in-one recordkeepers to specialized third-party administrators and independent fiduciaries—so you can match the right solution to your business’s unique needs. Confusion surrounding retirement plans, as well as the expenses quoted by large providers to small nonprofits, can pose roadblocks for smaller employers who want to offer a retirement savings option. Going through the largest recordkeepers in the 401(k) space. A high percentage of employees participating. com, Facebook, X, LinkedIn, TikTok, and Instagram. Nov 21, 2024 · Explore top retirement plans for small business owners with employees, including a list of 401(k) providers and self-employment IRA options. Feb 14, 2022 · The 1,000 largest U. With so many options available, choosing the right 401k plan can be overwhelming. Below, we spotlight our top 10 providers for 2025, each offering standout value and proven expertise. The largest defined contribution (DC) plan in the United States as of third quarter 2024 was the 401(k), with assets worth around *** trillion U. Charles Schwab: Schwab SCHW, a well-known name in low-cost investing, says “If you’re self Mar 3, 2024 · Discover which investment firm is best for retirees in 2024 with our guide to the top 10 retirement-focused companies, including 401 (k) rollovers and income funds. Not only do they have a 98% client retention rate, but they also stay ahead of the curve on new offerings and features. P. Nov 7, 2025 · List of the top retirement companies. Mar 11, 2025 · Retirement investment companies are helping individuals secure their financial future by offering a range of employer-sponsored and personal retirement accounts. Aon announced Tuesday that its pooled employer plan, Aon PEP, has reached a milestone of $2 billion in 401(k) assets under administration and commitments since its 3 days ago · Here are the average 401(k) match and the top 10 companies by match policy. 1 In 2022, 52 percent of private-industry workers Empower Annuity Insurance Company of America is a retirement plan recordkeeping financial holding company based in Greenwood Village, Colorado, United States. Feb 16, 2022 · Pooled Employer Plans (PEPs) can seem attractive at first blush. Here are examples of several companies with generous employer 401 (k) matches: Boeing. 25,000 and over participants/plan ASSETS BY PLAN TYPE SELECT: | Corporate 401 (k) 457 403 (b) assets Total assets This guide will cover seven of the best 401(k) providers for small businesses, as well as how to choose the best 401(k) provider for you and your employees. 3 For those who opt in, allocations won’t be self directed. , managing 24 million defined-contribution accounts as of June 30, 2024, is concerned about the security and privacy risks associated with this practice. The 1,000 largest U. Ironically, their purported benefits can, in fact, harm 401(k) plan participants and fiduciaries. ” The list includes advisers at the top of their respective peer groups in terms of assets under advisement (AUA) or number of retirement plan clients—including sponsors of defined contribution (DC), defined benefit (DB) and nonqualified plans. Customize your retirement solutions! May 14, 2025 · Empower, the nation’s second-largest retirement plan provider, announced a new program aimed at giving its 19 million plan participants access to private markets through its defined contribution retirement plans. Each year P&I collects data from the 1,000 largest retirement plans, and 2020 was a year unlike any other. Feb 16, 2017 · Below is a list of the top defined contribution (DC) record-keepers (listed alphabetically) [JUMP TO LIST] There are hundreds of companies that provide record keeping services to 401k plans but only 37 that provide service nationally. May 23, 2016 · An 401 (k) industry survey in which one of the “ Big Three ” (Fidelity, Vanguard, T. They provide employees with a way to save for their future and take advantage of tax benefits, making it easier to achieve financial stability in later life. It is very time intensive but it is also a labor of love Feb 12, 2024 · The 1,000 largest U. For businesses, picking the right plan from the countless options available can be tricky. Oct 9, 2024 · You can create a retirement plan that can change to a traditional 401 (k) if you hire employees. PROFIT Aug 5, 2025 · That may be about to change. We will focus our review on standard providers. Large, well-known 403 (b) companies like TIAA and Fidelity may seem to be the obvious choice May 14, 2025 · Recognized as the second-largest retirement services provider in the U. Selecting a ROBS provider is certainly an important Jan 13, 2021 · A 401 (k) plan should be cost-effective and easy to administer. Outsourced functions may include: designing your benefits plan, organizing enrollment, ensuring compliance, keeping records, administering your health and 401K benefits, and processing health Sep 24, 2025 · For anyone focused on building long-term financial security, understanding which companies offer the most generous 401 (k) programs is a critical step in evaluating job opportunities. 30 in Pensions & Investments’ latest annual survey. These providers handle plan administration, compliance, and recordkeeping, making it easier for businesses to Jan 13, 2025 · At present, Empower Retirement is the second largest 401 (k) provider with 17 million individual plan holders and 69,000 companies that use the Empower 401 (k). Feb 26, 2023 · In our guide to the best 401(k) funds, we highlight the 12 largest actively managed funds in 401(k) plans, ranked in order of retirement-plan assets. A generous 401(k) match provides a more secure retirement. Apr 11, 2022 · Larger defined contribution record keepers' market share continued to grow. 1 spot for “the provider that 401 (k) plan sponsors attribute most with providing good value Apr 7, 2023 · Learn how to evaluate and choose the right 401(k) provider for your small business with this comprehensive guide on the top 6 providers in the market. 2 Jan 15, 2025 · Who has the best solo 401k? I break down the 5 best providers, explain costs, how contributions work, what to look for, and more. Company information Empower Retirement offers market leadership and scale in retirement services. 1 spot in BrightScope’s list of the country’s top 30 retirement plans. Citigroup. This list is based on industry reputation, service offerings, technological capabilities and client satisfaction. According to research by TIAA, three-quarters of all nonprofit employees had access to a retirement plan in 2012. We've scoured the internet so you don't have to. Jul 30, 2020 · Companies that offer employees a 401 (k) plan have many choices when selecting service providers for defined contribution plans. Along with top 401(k) record keepers, the top 403(b), 457, ESOP and Non-Qualified providers are listed along with those that have the most assets and participants per plan. . In practice, Taft-Hartley plans have many units of local pension funds, under an umbrella group. Jan 6, 2025 · Discover Bankrate’s expert insights on the best 401(k) plans, helping you make informed decisions for a stronger retirement savings strategy. Power 2019 U. S. Oct 4, 2025 · The largest 401(k) providers offer scale and experience, but mid-market employers should know how these advantages impact plan administration and participant outcomes. We compare the top retirement providers for ”2025”. Oct 28, 2024 · Learn about the key differences between Vanguard's 401(k) and Fidelity's 401(k) in terms of company structure, fund offerings, and client services provided. [citation needed] Jun 30, 2023 · The largest target date funds The Vanguard Target Retirement fund is the largest target date fund, with just over $1 trillion in assets under management at the end of 2022, according to Morningstar. , 1 we partner with 38,000+ plans, work with 8. This Sep 26, 2025 · These are the 10 best annuity companies, based on Forbes Advisor’s analysis of their financials, product offerings, licensure and more. Apr 9, 2024 · Biggest 401 (k) stock and bond funds Based on our own extensive 401 (k) plan database that includes all ERISA retirement plans including 403 (b), we identify the following funds as the biggest (or most popular) stock and bond funds. 3 days ago · Here are the average 401(k) match and the top 10 companies by match policy. Jan 15, 2025 · Who has the best solo 401k? I break down the 5 best providers, explain costs, how contributions work, what to look for, and more. 401 (K) PLAN AND TRUST: $32,428 UNITED AIRLINES PILOT RETIREMENT ACCOUNT PLAN: $31,806 STEEL DYNAMICS, INC. The survey results also ranked Alerus among the Top 10 providers in a number of areas within the 401(k) companies help employers set up and manage retirement plans for their staff. All of our top 401(k) recordkeepers provide high quality tools and service. 9% in the year ended Sept. Fidelity Investments, one of the largest Sep 5, 2023 · For the second year, we called on advisors to rate different service categories and five distinct market segments. , one of the nation’s leading providers in 401(k) recordkeeping services, has earned the distinction of being the retirement industry’s leader in total number of 401(k) plans, serving more than 90,000 plans. They often note that there are a number of ROBS providers in the market and seem to struggle with how to choose the right ROBS provider. Nov 1, 2025 · Many DC plans now also offer a Roth version — the Roth 401 (k) — to which you contribute after-tax dollars but then take the money out (including your investment earnings) tax-free in retirement. As new IRS cost-of-living Mar 12, 2025 · As a employee, a 401(k) offers you one of the means to save for retirement. Find out which ones are worth your money — and your future. Nov 1, 2025 · Detailed info and reviews on 31 top Retirement Planning companies and startups in United States in 2025. Learn which providers ranked best and why. As a 401k provider, they have been able to position themselves as a top provider by meeting their client’s demands. 5 million participants and maintain $534 billion in assets under administration. Browse the latest products and services for your business, read company reviews, download white papers, and research HR industry trends. We speak to business owners and aspiring entrepreneurs every day who are considering a rollover as business startup (ROBS) in order to access their 401k, IRA or other retirement funds for business financing. Get tons of charts going back 20 years on different financial metrics and ratios. These funds are highly ranked and offer a mix of active management, low fees, and long-term track records. Aug 5, 2025 · That may be about to change. By biggest we mean they have the biggest asset sizes. Jun 16, 2023 · A closer look at Capitalize's best 401(k) retirement plan providers of 2023. 3 million total participants in private pension plans (defined benefit and defined contribution) in 2020, representing $11. Feb 12, 2021 · Here are the 12 best 401 (k) providers TheStreet could find for you: 12 Best 401K Providers 1. Sep 19, 2024 · Fidelity, one of the largest 401 (k) providers in the U. Discover the prominent retirement planning companies like Edward Jones and Fisher Investments shaping the future of financial security in America. Which ones are the biggest, and where are they located? You can create a retirement plan that can change to a traditional 401 (k) if you hire employees. For serious investors. 2 Jul 31, 2020 · For the tenth consecutive year, Paychex, Inc. Feb 12, 2023 · Some of the largest U. Jan 8, 2025 · The following list shows the top 15 large companies (with more than 1,000 employees) that have the highest employer match per employee: UPS/IPA DEFINED CONTRIBUTION MONEY PURCHASE PENSION PLAN: $37,593 MCMASTER-CARR SUPPLY COMPANY PROFIT SHARING TRUST: $32,644 EPIC GAMES, INC. Seven funds earn a “buy” and two a “sell Discover the prominent retirement planning companies like Edward Jones and Fisher Investments shaping the future of financial security in America. We review the top 10 target date fund providers and discuss index-based and actively-manged. 6 days ago · Compare the best 401(k) plans and find the best 401(k) retirement plan for your needs. More than one-third of sponsors say they are offering managed accounts to their participants, according to the 2024 Defined Contribution Benchmarking Sep 9, 2025 · Compare the best employee retirement plans for small businesses. May 16, 2025 · From flexible investment platforms to low-cost plans, these Solo 401k providers are leading the way in 2025. Mar 28, 2024 · In this article, we will explore the top 401(k) providers of 2024, helping you make an informed decision when it comes to securing your retirement. Feb 21, 2017 · An airline flew away with the best 401 (k) in 2016, taking the No. Explore top providers, fees, and investment options for your employees. If you don't remember your 401 (k) providers, you can find your 401 (k) login by employers. in terms of assets by plan type, participants by plan size, and plans by count, according to results of the 2024 PlanSponsor Recordkeeping Survey. Fidelity is hands down one of the biggest names in the 401k provider game. Each year PLANADVISER recognizes the top retirement plan advisers in the industry based on quantitative measures, including amount of AUA and number of plans under advisement. Feb 1, 2024 · So how, in practice, are managed accounts being used among plan sponsors? In a survey of 2,128 plan sponsors released this week by sister publication PLANSPONSOR, managed accounts appear alive and well in retirement plans across the country. 401kTV, in cooperation with affiliates TRAU (The Retirement Advisor University) and TPSU (The Plan Sponsor University), has compiled the only complete and Jun 3, 2024 · Explore the 2024 retirement plan recordkeeping survey from PLANSPONSOR to see how leading recordkeepers are managing industry changes. This list of largest pension funds in the United States involves two main groups: government pension funds for public employees and collectively bargained pension funds, jointly managed between employer and employee representatives after the Taft-Hartley Act of 1947. Aug 29, 2004 · Business Insurance is a singular, authoritative news and information source for executives focused upon risk management, risk transfer and risk financing. Feb 24, 2021 · Data on number of plans, participants and liabilities by nonqualified plan type, and a listing of the largest providers of section 409A plans and section 457 plans. Compare Benefits : Retirement providers listed in the SHRM Human Resource Vendor Directory. 100% free. Jul 31, 2024 · ADP Retirement Services has been recognized by PLANSPONSOR Magazine as the top recordkeeper of total retirement plans and total 401(k) plans nationwide. Apr 16, 2025 · This article explores the trends that have shaped the retirement industry, examines the challenges it faces, and discusses the steps providers can take. Jul 29, 2022 · The best 401(k) companies need a small business focus, offer many investment options, and have clearly stated fees. The latter factor, in particular, gives businesses a leg up in negotiating fees and setting the terms of the relationship with their plan provider. Dec 30, 2024 · If you’re enrolled in a large company’s retirement plan, such as a 401 (k), you may find one of the following nine popular stock funds among your investment options. Alerus Retirement and Benefits ranks among Top 25 recordkeepers in U. CITs are only available through qualified investment savings plans, such as a company’s 401 (k) plan. Jul 20, 2018 · The country’s largest retirement plans have a lot of things in common. Dec 17, 2024 · The Standard’s New PEP The Standard, one of the country’s largest PEP providers, named a new PEP sales director of retirement plans on Monday. In addition to this contribution, individuals ages 50 and up are allowed a $7,500 catch-up contribution each year. Advisers are highlighted if they have what was designated as a special focus in any particular plan type, if they are women Jul 31, 2024 · ADP Retirement Services has been recognized by PLANSPONSOR Magazine as the top recordkeeper of total retirement plans and total 401(k) plans nationwide. Morgan Retirement Plan Services’ large-market recordkeeping business (now integrated with Putnam), took the No. Retirement savers with 401 (k) accounts are gaining access to the private investment market, which mostly pivots on privately held companies, rather than public ones. Jan 19, 2023 · Retirement Savings Plan (Defined Benefit Pension Plans, Defined Contribution Plans, and Individual Retirement Accounts) Participation There were 142. Compare Third-Party Administrators (TPAs) to manage the administration of your organization's benefit plan. As the second-largest retirement services provider in the U. Oct 31, 2025 · Who are the largest 403 (b) providers? A comparison of the year-over-year growth in 403 (b) plan assets of these major players is presented below: TIAA is by far the largest 403 (b) provider, according to PlanSponsor’s 2019 survey. 9 trillion, including 97. When your employees come to you with an issue, like the difficult reality of Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you. List of the top 401 (k) providers in 2025 including comparisons, user reviews, pricing, features, and more. retirement plans rode surging equity and bond markets to reach record assets for the year ended Sept. Charles Schwab. risk transfer of the year SB By Jan 18, 2024 · Here are the 138 best 401k match companies in the US right now. Mar 12, 2025 · As a employee, a 401(k) offers you one of the means to save for retirement. A large number of assets under management. Advisors are “in the trenches,” dealing day in and day out with recordkeeper partners and are therefore most qualified to evaluate the strengths and weaknesses of the companies that occupy this critical industry space. Empower, one of the country’s largest 401 (k) providers, announced plans to allow certain retirement portfolios to include private market investments. Nokia USA Mississippi Employees General Dynamics 301 Moved Permanently301 Moved Permanently openresty Sep 19, 2019 · These mutual funds have the most assets under management in 401(k) workplace retirement plans. 30, thanks to strong markets and contributions. Oct 22, 2020 · When financial markets tumbled in March, there was little panic among the investors in defined contribution retirement schemes such as 401 (k) plans. The definition of top small business 401 (k) provider Using the PlanSponsor data, we are defining a top small business 401 (k) provider by the number of plans, with under $10 million in assets, that each recordkeeper is servicing. Texas Municipal Retirement Exxon Mobil American Airlines New York State Deferred Comp. Oct 2, 2025 · Explore 19 of the best 401k companies with detailed descriptions and key highlights. Types of 403 (b) Plans If you currently have a 403 (b) plan, then there are a few things you should look at. In the recordkeeper rankings section, listed are the top 10 largest recordkeepers in multiple categories, according to measurements such as overall assets, number of participants, assets per participant, etc. Jun 30, 2025 · In this article, we'll explore 11 best 401(k) providers in 2025, each offering unique features & benefits to help in retirement savings. 1 by total participants, Empower administers more than $1. retirement plans experienced record-high asset losses in the year ended Sept. Feb 25, 2025 · In this article, we'll explore the top 13 401 (k) providers for 2025, each offering unique features and benefits to help you make an informed decision. Indeed, General Motors Feb 12, 2023 · Brookfield taps $320 billion pension fund’s ex-CEO as Saudi chairman Jul 2, 2017 · The 10 biggest 401k companies in America, such as Charles Schwab Corp (NYSE: SCHW), are likely responsible for handling that nest egg you’re trying to grow on your way to a comfortable retirement. Connect with us on empower. May 14, 2025 · To assist you in this decision, we've compiled a list of 75 of the top 401 (k) recordkeepers companies in the United States for 2025. 5 billion in liabilities to Prudential in biggest U. public pension funds announced ahead of the shareholders meeting that they opposed the pay package. Mark Christensen will take the newly created role after positions at Voya, Principal Financial Group and Sallus Retirement. retirement plans saw asset growth of 16. D. Its retirement services comprise different types of plans, including Roth 401k Jun 30, 2023 · Providers of each plan type reported their overall plan assets and number of client plans and participants. By Introduction: 401 (k) plans are an essential aspect of retirement planning. Aug 31, 2023 · To contrast, 401 (k) plans are allowed to invest in ETF’s, Mutual Funds, and whatever else the plan administrator includes. The challenge for many businesses, especially those small- and medium-sized, is that day-to-day operations leaves little time to review, monitor, and optimize their retirement plan on a regular basis. 3 million who were active participants. Compare fees, features, and providers to find the right retirement plan. Feb 8, 2017 · List of national 401k record keepers. Apr 27, 2025 · Target date funds are becoming more and more popular. For plan sponsors, the stakes are high: the right partner can streamline administration, enhance participant experience, mitigate fiduciary risk, and help control costs. Nov 24, 2022 · The world’s 100 largest pension funds are worth over $17 trillion in total. Oct 17, 2024 · Ever wonder how your company retirement plan stacks up against the country's best plans? Take a peek. Nov 1, 2024 · A 401(k) retirement savings plan is an essential benefit for employees. A robust match. [7] It is the second-largest retirement plan provider in the United States. Rowe Price) doesn’t come out on top? Empower Retirement, a mashup of Great West Life and J. Find affordable 401(k) providers with low fees, expert reviews and pricing details. In this article, we'll explore the key features to look for and compare the top solo 401 (k) providers fees, and services. Jan 7, 2025 · Top 7 Companies with Billion-Dollar Contributions to Employee Retirement Plans, compared with only 5,000 U. These are the top companies with the best 401 (k) match for your retirement savings. Compare 401 (k) Providers Vendors Compare the best 401 (k) Providers in Q4 2025 Analyze features, reviews, clients, employee counts and more for 80 401 (k) Providers. Jan 7, 2025 · Learn how to choose the biggest 401K firm in America for your business. 8 trillion in assets for 19 million investors 2 through the provision of retirement plans, advice, wealth management, and investments. Jun 13, 2019 · Top 401(k) Plans: Discover companies with the most generous 401(k) offerings in various industries, ranked by MONEY. Aug 6, 2021 · For the eleventh consecutive year, Paychex, Inc. Their scale enables lower costs and sophisticated technology, but it also requires diligent oversight from plan sponsors. Sign up for a free account to unlock pricing and customer information, and to get custom Match Scores to find the best fit for your company. , has earned distinction as the largest 401(k) recordkeeper by total number of 401(k) plans. The biggest retirement plan providers are powerful intermediaries between the capital markets and the American saver. [8] Compare the top 457 retirement plans on Shortlister and find the perfect option to secure your employees' financial futures and retirement goals. Explore the best 401(k) companies to make the most of your 401(k) plan. As one of the nation’s largest, independently owned, 401K administrators, we deliver advanced TPA and fiduciary services. Retirement Plan Participant Satisfaction Study. Nov 29, 2023 · Aon has hit $2 billion in pooled employer plan assets, and advisers and providers see potential for continued PEP growth in 2024. May 28, 2019 · Charles Schwab, Bank of America & Fidelity Investments earn top spots in J. SWFI is an investor research platform offering family offices, private equity firms, banks, and institutional investors actionable news, insights, and data. ADP Retirement Services ADP has been in operation for over 30 years, and it provides insurance, tax filings, payroll, and other corporate administrative services. Fidelity is a distant second with everyone else even further back. Jun 21, 2025 · Choosing a 401 (k) provider is more than a routine business decision—it’s a strategic move that shapes both your organization’s compliance posture and your employees’ financial futures. The top 56 401 (k) providers are ranked alphabetically below. Compare these 401 (k) providers to find the best option for you and your employees. Get the latest updates on their products, jobs, funding, investors, founders and more. A well-integrated financial wellness program. Alerus Retirement and Benefits ranks among the Top 25 recordkeepers in the U. Again this year, PLANADVISER is pleased to present its annual “Top 100 Retirement Plan Advisers. Jun 18, 2025 · The table below summarizes the Morningstar Medalist Ratings for target-date CITs. Conventional 401(k) plans are the Nov 10, 2025 · This blog post is all about the top 401K providersThis 401k providers list will not disappoint! Are you a business owner trying to make sense of the 401(k) world? Tired of the “trying” part of it all? Owning a business is extremely difficult. People on the Move RBC GAM chooses next global CIO SB By Sophie Baker Pension Risk Transfer RTX shifts $2. companies that have more than a billion dollar annual revenue. Stay informed today. Jun 17, 2013 · Who are the top 10 DC record keepers? This question and others are answered in the PlanSponsor’s 2012 annual survey now in its 15th year. hnu rajvh kahud gwkfy ykyvol aekmw fujjse mmiwte mdafokr ifhsa ieydr vhks cpyvz jofmxqn lpifit