Defined Benefit (Pension) · DOL Form 5500 · 2022

Penn Mutual Life Insurance Company Pension Plan

Data updated 2026-08-25

$194M
Total assets Near avg plan size
178
Participants Small participant base
96th
Percentile by assets National rank
$1.1M
Avg per participant High balance/head
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Official DOL plan name: Penn Mutual Retirement Plan · Sponsored by Penn Mutual Life Insurance Company · Pennsylvania · Finance & Insurance

$194M in assets, 178 participants

Penn Mutual Life Insurance Company's Penn Mutual Retirement Plan reported $194M in total assets and 178 participants in its 2022 DOL Form 5500 filing, ranking in the 96th 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.

  • #8,557 in Finance & Insurance (9,261 peers)

Coverage in Pennsylvania

Penn Mutual Retirement Plan covers 178 participants in Pennsylvania, about 22% of the average Pennsylvania filer (state average ~822 per filing). Assets: $194M.

#8,557
in Finance & Insurance (9,261 peers)
-15.9%
assets change YoY
1.9×
vs typical plan assets (national mean)

The plan reported a net loss of $37M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Penn Mutual Retirement Plan's outsized position by total assets

Penn Mutual Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$194,019,944 Top 4% higher than 96% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Penn Mutual Retirement Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Penn Mutual Retirement Plan sits mid-pack in the medium band (178 participants).

Plan-year Form 5500 strip

Filing strip 230952300 · Penn Mutual Life Insurance Company PY 2022 · Defined Benefit (Pension)

Penn Mutual Retirement Plan · $194M · 178 · 96th

  • PART $194M
  • TYPE 178
  • NET 96th
  • BOOK Defined Benefit (Pension)
  • VS-ST near Lester E. Cox Medical Centers Pension Plan B
  • BOY ind #8557

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 Pennsylvania →

Penn Mutual Retirement Plan in the asset neighbourhood

Omnova Solutions Consolidated Pension PlanOmnova Solutions Consolidate…$194MWhite & Case LLP Retirement Income PlanWhite & Case LLP Retirement …$194MPenn Mutual Retirement Plan$194MLester E. Cox Medical Centers Pension Plan BLester E. Cox Medical Center…$194MUniversity of Notre Dame Employees' Pension PlanUniversity of Notre Dame Emp…$194M
End-of-year total assets ($M) among Penn Mutual Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$231M
Net Assets (End of Year)$194M
Net Income-$37M
Employer EIN230952300
Plan Effective Date1986-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Penn Mutual Life Insurance Company)

Sponsor-wide plan assets over time

All Penn Mutual Life Insurance Company plans reported in each filing year

Latest sponsor-wide plan assets
$652M 3.3861710047136486% vs 2022
2024 filing year
$600M$650M$700M$750M$800M 202220232024 $675M $652M ▼ -3.4%
Year Plans Participants Total Assets
2022 4 2,197 $675M
2023 4 2,215 $760M
2024 5 2,214 $652M

Nearby Defined Benefit (Pension) Plans in Pennsylvania

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Penn Mutual Retirement Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Penn Mutual Retirement Plan, Total assets ($B): 0.194019944 · Participants: 178Penn Mutual Retirement PlanNational Elevator Industry Pension Plan, Total assets ($B): 10.401485458 · Participants: 27097National Elevator Industry Pension PlanSteelworkers Pension Trust, Total assets ($B): 5.908424468 · Participants: 52395Steelworkers Pension TrustThe PNC Financial Services Group, Inc. Pension Plan, Total assets ($B): 5.402519 · Participants: 63731The PNC Financial Services Group, Inc. Pension PlanConstellation Retirement Program, Total assets ($B): 5.359207207 · Participants: 5314Constellation Retirement ProgramThe Bank of New York Mellon Corporation Pension Plan, Total assets ($B): 4.968344232 · Participants: 8098The Bank of New York Mellon Corporation Pension Plan
Penn Mutual Retirement Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants
Compare Penn Mutual Retirement Plan side-by-side with 3 peers →

Penn Mutual Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is Lester E. Cox Medical Centers Pension Plan B in MO ($194M); by covered participants it is Bac - Salaried Employees Pension Plan in DC (178 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($194M here).

Similar participant headcount

Nearest other-state filings by covered participants (178 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Penn Mutual Retirement Plan assets move in 2022? ▼
Penn Mutual Retirement Plan declined sharply - down 15.9% during 2022, from $231M to $194M. Reported net income was -$37M.
How have Penn Mutual Life Insurance Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Penn Mutual Life Insurance Company's sponsor-wide assets declined 3.4%, from $675M to $652M.
Where does Penn Mutual Retirement Plan rank by assets among Form 5500 filers? ▼
Penn Mutual Retirement Plan ranks in the 96th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Penn Mutual Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Lester E. Cox Medical Centers Pension Plan B in MO ($194M, 782 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Penn Mutual Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Bac - Salaried Employees Pension Plan in DC (178 participants, $176M in assets).

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 230952300.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.