Defined Benefit (Pension) · DOL Form 5500 · 2022
New York Life Insurance Company Pension Plan
Data updated 2026-08-25
- $3.1B
- Total assets Very large vs avg
- 12,315
- Participants Very large workforce
- 100th
- Percentile by assets National rank
- $251,703
- Avg per participant Above avg balance/head
Official DOL plan name: Nylic Retirement Plan · Sponsored by New York Life Insurance Company · New York · Finance & Insurance
$3.1B in assets, 12,315 participants
New York Life Insurance Company's Nylic Retirement Plan reported $3.1B in total assets and 12,315 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.
- #9,185 in Finance & Insurance (9,261 peers)
Coverage in New York
Nylic Retirement Plan covers 12,315 participants in New York, 15x the typical New York plan (state average ~798 per filing). Assets: $3.1B.
- #9,185
- in Finance & Insurance (9,261 peers)
- -17.2%
- assets change YoY
- 31×
- vs typical plan assets (national mean)
The plan reported a net loss of $643M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Nylic Retirement Plan's outsized position by total assets
Nylic Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$3,099,718,781 Highest reported value at or above every one of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Nylic Retirement Plan's mega-plan peer group by participant headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Nylic Retirement Plan is a mega filing (12,315 participants), the rightmost band on the breakdown.
Plan-year Form 5500 strip
Filing strip 135582869 · New York Life Insurance Company PY 2022 · Defined Benefit (Pension)
Nylic Retirement Plan · $3.1B · 12,315 · 100th
- BOY $3.1B
- BOY 12,315
- BOY 100th
- BOY Defined Benefit (Pension)
- BOY near Msi Pension Plan
- BOY ind #9185
Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in New York →
Nylic Retirement Plan in the asset neighbourhood
New York filing particulars
| Total Assets (Beginning of Year) | $3.7B |
|---|---|
| Net Assets (End of Year) | $3.1B |
| Net Income | -$643M |
| Employer EIN | 135582869 |
| Plan Effective Date | 1982-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (New York Life Insurance Company)
Sponsor-wide plan assets over time
All New York Life Insurance Company plans reported in each filing year
- Latest sponsor-wide plan assets
- $13.3B 63.179526029500806% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 36,622 | $8.1B |
| 2023 | 4 | 44,938 | $12.9B |
| 2024 | 4 | 45,855 | $13.3B |
Nearby Defined Benefit (Pension) Plans in New York
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- IBM Personal Pension Plan $25.5B · 16,431
- Consolidated Edison Retirement Plan $15.8B · 11,303
- Pepsico Employees Retirement Plan I $7.7B · 11,386
- New York State Nurses Association Pension Plan $5.0B · 18,592
- New York District Council of Carpenters Pension Pl $4.8B · 11,318
Scale composition for Nylic Retirement Plan
Nylic Retirement Plan reports $3.1B in end-of-year assets across 12,315 participants (0.025% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.013% of 93,925,755 covered participants) - about $251,703 per participant (1.8x the national average assets-per-participant) . Net income for plan year 2022 was -$643M.
This plan identity (EIN 135582869, plan #005) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $3.1B to $3.1B (+1.4%) while covered participants moved from 12,315 to 12,292 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 12,315 | $3.1B | This page |
| 2023 | 11,867 | $3.2B | Open filing |
| 2024 · index core | 12,292 | $3.1B | Open filing |
The same sponsor also keeps 4 other index-core plans on PlainRetire:
- New York Life Insurance Company Employee Progress Sharing Investment Plan (401(k), $5.0B, 12,949 participants)
- New York Life Insurance Company Pension Plan (Defined Benefit (Pension), $4.0B, 9,376 participants)
- Nylic Retirement Plan (Defined Benefit (Pension), $3.1B, 12,292 participants)
- New York Life Insurance Company Agents Progress- Sharing Investment Plan (401(k), $1.2B, 11,238 participants)
Nylic Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside New York, the nearest Defined Benefit (Pension) by assets is Msi Pension Plan in IL ($3.1B); by covered participants it is Firstenergy Corp. Master Pension Plan in OH (12,346 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($3.1B here).
- Msi Pension Plan (IL) $3.1B · 2,185
- Willis Towers Watson Pension Plan for U.S. Employees (VA) $3.1B · 10,742
- Kraft Heinz Retirement Plan (PA) $3.1B · 4,924
- The Northwestern Mutual Employee Retirement Plan (WI) $3.1B · 7,377
Similar participant headcount
Nearest other-state filings by covered participants (12,315 participants); asset peers above are excluded.
- Firstenergy Corp. Master Pension Plan (OH) 12,346 · 31 off
- Glaxosmithkline Cash Balance Pension Plan (PA) 12,358 · 43 off
- Westrock Company Consolidated Pension Plan (GA) 12,238 · 77 off
- Berkshire Hathaway Consolidated Pension Plan (NE) 12,424 · 109 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.