PANASONIC PENSION PLAN
ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.
PANASONIC CORPORATION OF NORTH AMERICA
This Defined Benefit (Pension) plan holds $270M in total assets and serves 237 participants as of 2022. It is sponsored by PANASONIC CORPORATION OF NORTH AMERICA in New Jersey. The plan reported a net loss of $85M for the year.
What the Filing Says About PANASONIC PENSION PLAN
PANASONIC PENSION PLAN is a Defined Benefit (Pension) retirement plan sponsored by PANASONIC CORPORATION OF NORTH AMERICA, headquartered in New Jersey. As of the 2022 Form 5500 filing, the plan reports $270M in total end-of-year assets and covers 237 participants across the Wholesale Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 362786846, and the plan has been effective since 1962-04-01. Its filing status is currently FILING RECEIVED.
Year over year, total assets moved from $355M at the beginning of 2022 to $270M at year-end — a decline of 24.0%. Net assets (after liabilities) closed the year at $270M, with reported net income of $-85,275,480 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.
Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.
Financial Summary (2023)
| Total Assets (Beginning of Year) | $355M |
| Total Assets (End of Year) | $270M |
| Net Assets (End of Year) | $270M |
| Net Income | $-85,275,480 |
| Plan Type | Defined Benefit (Pension) |
| Employer EIN | 362786846 |
| Plan Effective Date | 1962-04-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (PANASONIC CORPORATION OF NORTH AMERICA)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 9,705 | $1.6B |
| 2023 | 2 | 9,514 | $1.9B |
| 2024 | 2 | 9,850 | $1.9B |
Nearby Defined Benefit (Pension) Plans in New Jersey
Peer Defined Benefit (Pension) plans — same state, same plan type — ranked by total assets.
- RETIREMENT PLAN OF JOHNSON AND JOHNSON $21.2B · 37,749
- JPMORGAN CHASE RETIREMENT PLAN $16.3B · 90,644
- NOKIA RETIREMENT INCOME PLAN $13.9B · 7,492
- THE PRUDENTIAL MERGED RETIREMENT PLAN $12.2B · 16,230
- VERIZON PENSION PLAN FOR ASSOCIATES $10.9B · 23,778
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Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.
Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 362786846.
Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.
Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.
Read our methodology — how this data is sourced, computed, and verified.