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Overview

When it comes to assets in company retirement plans based on company plan size, some familiar names lead the list. New data from business intelligence data analytics firm miEdge found that the top 401(k) plans by asset size for companies with more than 1,000 actively enrolled employees hail from IBM Corp., Boeing and Wells Fargo.

The miEdge data comes from Form 5500 filings with the U.S. Department of Labor as of July 30. Government entities such as cities, towns and fire and police departments are not required to file and therefore are not reflected in this data. The same applies to church plans, as defined by ERISA.

Additionally, participation percentages for each company include retired or former employees who have left employment with the company, but still have their plans/balances in, accounting for participation rates of more than 100%.
bank of america sign

10) Bank of America

End-year net assets: $20,092,246,525

Number of enrolled employees: 231,212

Percent of participation: 153.49%
jp-morgan-chase-hq
The JP Morgan Chase & Co. logo is displayed in front of the company's headquarters in New York, U.S., on Friday, July 6, 2012. Photographer: Scott Eells/Bloomberg

9) JPMorgan Chase Bank, national association

End-year net assets: $21,171,219,234

Number of enrolled employees: 274,838

Percent of participation: 156.37%
p18nh1ejpgmes7tf18qs1egh1b2t7.jpg
Gas prices are displayed as cars drive past an Exxon Mobil Corp. station in Cincinnati, Ohio, U.S. on Monday, Jan. 27, 2014. Exxon Mobil Corp. is scheduled to release their fourth quarter earnings on Thursday, Jan. 30, 2014. Exxon Mobil Corp. is scheduled to release earnings figures on Jan. 30. Photograper: Luke Sharrett/Bloomberg

8) Exxon Mobil Corp.

End-year net assets: $22,297,000,000

Number of enrolled employees: 43,928

Percent of participation: 141.86%
Wal-Mart sign

7) Wal-Mart Stores Inc.

End-year net assets: $22,404,339,000

Number of enrolled employees: 937,522

Percent of participation: 68.45%
GE General Electric headquarters

6) General Electric Co.

End-year net assets: $27,040,856,787

Number of enrolled employees: 237,279

Percent of participation: 181.71%
lockheed-martin
The Lockheed Martin Corp. Innovation Demonstration Center stands in Orlando, Florida, U.S., on Thursday, June 4, 2015. The U.S. Defense Department is considering ordering as many as 450 F-35 aircraft from Lockheed Martin Corp., sending warplane output to the fastest in three decades as it gains confidence in the advanced fighter's performance. Photographer: Edward Linsmier/Bloomberg

5) Lockheed Martin Co.

End-year net assets: $29,435,483,950

Number of enrolled employees: 120,220

Percent of participation: 147.52%
at&t
A pedestrian walks past an AT&T Wireless store in New York on December 14, 2003. SBC Communications Inc. and BellSouth Corp. may create the biggest U.S. mobile-phone company by buying AT&T Wireless Services Inc. and merging it with their Cingular Wireless LLC venture, people familiar with the matter said. Photographer: Daniel Acker/Bloomberg News.

4) AT&T Inc.

End-year net assets: $30,083,208,000

Number of enrolled employees: 212,798

Percent of participation: 135.3%
wells fargo hq
The Wells Fargo Bank logo on 42nd Street in New York, U.S., on Wednesday, Oct.10, 2012. . Photographer: Peter Foley/Bloomberg *** Local Caption ***

3) Wells Fargo & Co.

End-year net assets: $35,234,958,706

Number of enrolled employees: 328,418

Percent of participation: 124.68%
boeing-airplane
HOLD EMBARGO UNTIL Friday, June 14th 2 a.m. Pacific*** Workers assemble a Boeing 747-800 Intercontinental Jumbo Jet airplane at the Boeing Everett Factory in Everett, Washington, U.S., on Wednesday, May 29, 2013. Photographer: Patrick T. Fallon/Bloomberg

2) The Boeing Co. and consolidated subsidiaries

End-year net assets: $47,130,387,730

Number of enrolled employees: 211,193

Percent of participation: 146.98%
IBM_stock-ticker
International Business Machines Corporation (IBM) signage is displayed on a monitor on the floor the New York Stock Exchange (NYSE) in New York, U.S., on Monday, June 20, 2016. U.S. stocks surged, with the S&P 500 Index jumping the most in four weeks, after the latest polls showed the U.K. campaign to remain in the European Union is gaining ground before Thursday's referendum. Photographer: Michael Nagle/Bloomberg

1) IBM Corp.

End-year net assets: $48,017,135,709

Number of enrolled employees: 191,921

Percent of participation: 208.95%
Phil Albinus
Employee benefits Retirement benefits Financial planning Retirement planning IBM Wells Fargo GE JPMorgan Chase
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