Defined Benefit (Pension) · DOL Form 5500 · 2022

Eli Lilly and Company Pension Plan

Data updated 2026-08-11

$11.2B
Total assets
16,878
Participants
100th
Percentile by assets
$665,438
Avg per participant
PlainRetire home → About this data

Official DOL plan name: The Lilly Retirement Plan · Sponsored by Eli Lilly and Company · Indiana · Manufacturing

$11.2B in assets, 16,878 participants

Eli Lilly and Company's The Lilly Retirement Plan reported $11.2B in total assets and 16,878 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 139,126 plans)
  • #20,561 in Manufacturing (20,602 peers)

Coverage in Indiana

The Lilly Retirement Plan covers 16,878 participants in Indiana, 31x the typical Indiana plan (state average ~541 per filing). Assets: $11.2B.

$11.2B
total plan assets (2022 EOY)
16,878
covered participants
100th
percentile by assets (of 139,126 plans)
$665,438
avg assets per participant

The plan reported a net loss of $2.2B for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where The Lilly Retirement Plan sits by total assets

The Lilly Retirement Plan vs every filed plan by assets

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

$11,231,261,789 Top 1% higher than 100% of 139,123 filed plans

This plan $0 $2,010,000,000 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

State
Industry

Participants vs Indiana filers

In Indiana, the average filing covers about 541 participants across 2,302 plans. The Lilly Retirement Plan reports 16,878 participants - 31x that state average ($11.2B EOY assets).

Indiana filing particulars

Total Assets (Beginning of Year)$13.4B
Net Assets (End of Year)$11.2B
Net Income-$2.2B
Employer EIN350470950
Plan Effective Date1944-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Eli Lilly and Company)

$18B$20B$22B$24B$26B 202220232024 $20.1B $24.9B ▲ +23.6%
Total plan assets by year, all Eli Lilly and Company plans on file
Year Plans Participants Total Assets
2022 2 32,485 $20.1B
2023 2 36,694 $22.8B
2024 2 39,874 $24.8B

Nearby Defined Benefit (Pension) Plans in Indiana

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

The Lilly Retirement Plan vs. nearby Defined Benefit (Pension) plans in Indiana, assets vs. participants

The Lilly Retirement Plan vs. nearby Defined Benefit (Pension) plans in Indiana, assets vs. participants Scatter plot of 6 data points. 0100002000030000 051015 Total assets ($B) Participants The Lilly Retirement…Cummins Pension PlanIndiana Laborers Pen…Elevance Health Cash…Nisource Pension PlanArdagh North America…
The Lilly Retirement Plan vs. nearby Defined Benefit (Pension) plans in Indiana, assets vs. participants

Scale composition for The Lilly Retirement Plan

The Lilly Retirement Plan reports $11.2B in end-of-year assets across 16,878 participants (0.091% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.018% of 93,925,755 covered participants) - about $665,438 per participant (4.8x the national average assets-per-participant) . Net income for plan year 2022 was -$2.2B.

This plan identity (EIN 350470950, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $11.2B to $11.8B (+5.0%) while covered participants moved from 16,878 to 19,897 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 16,878 $11.2B This page
2023 19,111 $11.7B Open filing
2024 · index core 19,897 $11.8B Open filing

The same sponsor also keeps 2 other index-core plans on PlainRetire:

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to The Lilly Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did The Lilly Retirement Plan assets move in 2022?
The Lilly Retirement Plan declined sharply - down 16.1% during 2022, from $13.4B to $11.2B. Reported net income was -$2.2B.
How have Eli Lilly and Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Eli Lilly and Company's sponsor-wide assets grew 23.6%, from $20.1B to $24.8B.
Where does The Lilly Retirement Plan rank by assets among Form 5500 filers?
The Lilly Retirement Plan ranks in the 100th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to The Lilly Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Verizon Pension Plan for Associates in NJ ($10.9B, 25,746 participants).

Filing takeaways

Ways to act on The Lilly Retirement Plan's numbers.

  • By total assets, The Lilly 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 Indiana. Compare plans
  • Eli Lilly and Company's sponsor-wide assets have grown 23.6% since 2022 across 3 plan years on file. More Manufacturing plans