Department of Labor filing

3M COMPANY

3M SAVINGS PLAN · For the plan year ended Dec 31, 2024

Public filing 2024 · received Oct 15, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

63filing comparison
out of 100

The filing looks somewhat better than typical peers on the measures we can compare. This is a filing comparison, not a complete benefits score.

$Employer support

$3,087

Reported employer contributions per active participant.

Higher than about 56% of comparable plans

#People in the filing

1,539

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$51 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 80% of comparable plans

↗Investment performance

Not available

Plan assets changed 5.4%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 202463out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions56th percentileTypical peer $2,689 · based on 245 comparable plans

Lower reported administrative expense80th percentileTypical peer $98 · based on 238 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, 3M COMPANY reported $4,751,410 in employer contributions across the plan and 1,539 active participants. That works out to $3,087 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy66%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendUp 11.5%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendDown 25.7%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context63/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $4,751,410
Participant contributions: $11,916,129
Other contributions: $870,227
Employer share of reported contributions: 28.5%
Beginning assets: $270,621,914
Ending assets: $285,122,145
Ending net assets: $285,122,145
Ending liabilities: $0
Total income: $55,683,252
Total expenses: $34,366,392
Administrative expenses: $126,229
Participant loans: $7,911,127

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2022

$2,768

2023

$2,829

2024

$3,087

Plan-paid administrative expenses per participant

2022

$69

2023

$59

2024

$51

Active participants

2022

1,710

2023

1,663

2024

1,539

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$3,087	1,539	285.1M	20251015112627NAL0002323379001
2023	$2,829	1,663	270.6M	20241014163331NAL0027869057001
2022	$2,768	1,710	247M	20231011213007NAL0020757555001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: 2.8%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Not stated in the filing
Public plan identifier: 410417775-013

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Oct 1, 1988
Industry: Industry group 339
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2E2H2J2K2S2T3H3I2R

Reported service providers

Organizations named in the latest filing

The public dataset does not always identify a provider’s exact role. Compensation stays blank when it was not separately reported.

Provider	Plan year	Direct compensation	Indirect compensation
JENNISON ASSOCIATES LLC	2024	Not reported	unknown
STATE STREET GLOBAL ADVISORS	2024	Not reported	unknown

Other plans from this sponsor

Related public plan records

Current plan terms

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Filing ACK_ID20251015112627NAL0002323379001

Data sourceDOL Form 5500 bulk data ↗

Filing searchEFAST2 ↗