Defined Benefit (Pension) · DOL Form 5500 · 2022
Pinnacle West Capital Corporation Pension Plan
Data updated 2026-08-06
- $3.2B
- Total assets
- 5,840
- Participants
- 100th
- Percentile by assets
- $551,116
- Avg per participant
Official DOL plan name: Pinnacle West Capital Corporation Retirement Plan · Sponsored by Pinnacle West Capital Corporation · Arizona · Management of Enterprises
$3.2B in assets, 5,840 participants
Pinnacle West Capital Corporation's Pinnacle West Capital Corporation Retirement Plan reported $3.2B in total assets and 5,840 participants in its 2022 DOL Form 5500 filing, ranking in the 100th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- 100th percentile by assets (of 139,258 plans)
- #1,175 in Management of Enterprises (1,193 peers)
Coverage in Arizona
Pinnacle West Capital Corporation Retirement Plan covers 5,840 participants in Arizona, 10x the typical Arizona plan (state average ~577 per filing). Assets: $3.2B.
- $3.2B
- total plan assets (2022 EOY)
- 5,840
- covered participants
- 100th
- percentile by assets (of 139,258 plans)
- $551,116
- avg assets per participant
The plan reported a net loss of $1.1B for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs Arizona filers
In Arizona, the average filing covers about 577 participants across 2,182 plans. Pinnacle West Capital Corporation Retirement Plan reports 5,840 participants - 10x that state average ($3.2B EOY assets).
Arizona filing particulars
| Total Assets (Beginning of Year) | $4.3B |
|---|---|
| Net Assets (End of Year) | $3.2B |
| Net Income | -$1.1B |
| Employer EIN | 860512431 |
| Plan Effective Date | 1987-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Pinnacle West Capital Corporation)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 11,684 | $4.5B |
| 2023 | 2 | 11,644 | $4.7B |
| 2024 | 2 | 12,129 | $4.7B |
Nearby Defined Benefit (Pension) Plans in Arizona
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Pinnacle West Capital Corporation Retirement Plan vs. nearby Defined Benefit (Pension) plans in Arizona, assets vs. participants
- Salt River Project Employees' Retirement Plan $2.5B · 4,802
- Freeport Minerals Corporation Retirement Plan $1.4B · 2,788
- Desert States Employers & Ufcw Unions Pension Plan $960M · 25,673
- Avnet Pension Plan $591M · 2,609
- Non-Contributory Retirement Program for Certain Employees of Blue Cross and Blue Shield of Arizona Inc. $417M · 608
Scale composition for Pinnacle West Capital Corporation Retirement Plan
Pinnacle West Capital Corporation Retirement Plan reports $3.2B in end-of-year assets across 5,840 participants (0.028% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.007% of 89,805,449 covered participants) - about $551,116 per participant (4.0x the national average assets-per-participant) . Net income for plan year 2022 was -$1.1B.
This plan identity (EIN 860512431, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $3.2B to $3.1B (-3.7%) while covered participants moved from 5,840 to 6,044 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 5,840 | $3.2B | This page |
| 2023 | 5,824 | $3.3B | Open filing |
| 2024 · index core | 6,044 | $3.1B | Open filing |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- Pinnacle West Capital Corporation Retirement Plan (Defined Benefit (Pension), $3.1B, 6,044 participants)
- Pinnacle West Capital Corporation Savings Plan (401(k), $1.6B, 6,085 participants)
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Pinnacle West Capital Corporation Retirement Plan by total assets, not by location.
- Cummins Pension Plan (IN) $3.2B · 24,119
- Duke Energy Retirement Cash Balance Plan (NC) $3.2B · 16,132
- Carpenters Pension Trust Fund of St. Louis (MO) $3.3B · 8,767
- Entergy Corporation Retirement Plan for Non-Bargaining Employees (LA) $3.2B · 8,484
Frequently Asked Questions
How did Pinnacle West Capital Corporation Retirement Plan assets move in 2022? ▼
How have Pinnacle West Capital Corporation plan assets changed over time? ▼
Where does Pinnacle West Capital Corporation Retirement Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Pinnacle West Capital Corporation Retirement Plan? ▼
Next read for Pinnacle West Capital Corporation Retire…
Filing takeaways
Ways to act on Pinnacle West Capital Corporation Retirement Plan's numbers.
- By total assets, Pinnacle West Capital Corporation Retirement Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Arizona. Compare plans
- Pinnacle West Capital Corporation's sponsor-wide assets have grown 4.6% since 2022 across 3 plan years on file. More Management of Enterprises plans