Defined Benefit (Pension) · DOL Form 5500 · 2022
New York Life Insurance Company Pension Plan
Data updated 2026-08-06
- $3.1B
- Total assets
- 12,315
- Participants
- 100th
- Percentile by assets
- $251,703
- Avg per participant
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.
- 100th percentile by assets (of 139,258 plans)
- #9,191 in Finance & Insurance (9,267 peers)
Coverage in New York
Nylic Retirement Plan covers 12,315 participants in New York, 15x the typical New York plan (state average ~795 per filing). Assets: $3.1B.
- $3.1B
- total plan assets (2022 EOY)
- 12,315
- covered participants
- 100th
- percentile by assets (of 139,258 plans)
- $251,703
- avg assets per participant
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.
Participants vs New York filers
In New York, the average filing covers about 795 participants across 8,491 plans. Nylic Retirement Plan reports 12,315 participants - 15x that state average ($3.1B EOY assets).
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)
| 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.
Nylic Retirement Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants
- 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 (0.027% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.014% of 89,805,449 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)
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Nylic Retirement Plan by total assets, not by location.
- 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
Frequently Asked Questions
How did Nylic Retirement Plan assets move in 2022? ▼
How have New York Life Insurance Company plan assets changed over time? ▼
Where does Nylic Retirement Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Nylic Retirement Plan? ▼
Next read for Nylic Retirement Plan
Filing takeaways
Ways to act on Nylic Retirement Plan's numbers.
- By total assets, Nylic 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 New York. Compare plans
- New York Life Insurance Company's sponsor-wide assets have grown 63.2% since 2022 across 3 plan years on file. More Finance & Insurance plans