Defined Benefit (Pension) · DOL Form 5500 · 2022
3M Company Pension Plan
Data updated 2026-08-25
- $14.0B
- Total assets Mega-plan scale
- 12,160
- Participants Very large workforce
- 100th
- Percentile by assets National rank
- $1.2M
- Avg per participant High balance/head
Official DOL plan name: 3M Employee Retirement Income Plan · Sponsored by 3M Company · Minnesota · Manufacturing
$14.0B in assets, 12,160 participants
3M Company's 3M Employee Retirement Income Plan reported $14.0B in total assets and 12,160 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.
- #20,576 in Manufacturing (20,602 peers)
Coverage in Minnesota
3M Employee Retirement Income Plan covers 12,160 participants in Minnesota, 11x the typical Minnesota plan (state average ~1,126 per filing). Assets: $14.0B.
- #20,576
- in Manufacturing (20,602 peers)
- -24.3%
- assets change YoY
- 141×
- vs typical plan assets (national mean)
The plan reported a net loss of $4.5B for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
3M Employee Retirement Income Plan's outsized position by total assets
3M Employee Retirement Income Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$14,047,885,796 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
3M Employee Retirement Income 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. 3M Employee Retirement Income Plan is a mega filing (12,160 participants), the rightmost band on the breakdown.
EBSA filing schedule strip
Filing strip 410417775 · 3M Company PY 2022 · Defined Benefit (Pension)
3M Employee Retirement Income Plan · $14.0B · 12,160 · 100th
- PHOTO $14.0B
- IND 12,160
- EOY 100th
- 5500 Defined Benefit (Pension)
- ASSETS near Iam National Pension Fund
- PCT ind #20576
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 Manufacturing retirement plans → · Plans in Minnesota →
3M Employee Retirement Income Plan in the asset neighbourhood
Minnesota filing particulars
| Total Assets (Beginning of Year) | $18.6B |
|---|---|
| Net Assets (End of Year) | $13.4B |
| Net Income | -$4.5B |
| Employer EIN | 410417775 |
| Plan Effective Date | 1931-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (3M Company)
Sponsor-wide plan assets over time
All 3M Company plans reported in each filing year
- Latest sponsor-wide plan assets
- $19.8B 22.307828769155% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 51,142 | $25.4B |
| 2023 | 3 | 48,397 | $26.6B |
| 2024 | 3 | 43,759 | $19.8B |
Nearby Defined Benefit (Pension) Plans in Minnesota
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- Mayo Pension Plan $10.3B · 66,434
- The Travelers Pension Plan $3.9B · 25,144
- U.S. Bank Pension Plan $3.7B · 55,836
- Target Corporation Pension Plan $3.3B · 50,515
- U.S. Bank Legacy Pension Plan $2.9B · 1,398
Scale composition for 3M Employee Retirement Income Plan
3M Employee Retirement Income Plan reports $14.0B in end-of-year assets across 12,160 participants (0.11% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.013% of 93,925,755 covered participants) - about $1.2M per participant (8.4x the national average assets-per-participant) . Net income for plan year 2022 was -$4.5B.
This plan identity (EIN 410417775, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $14.0B to $8.9B (-36.8%) while covered participants moved from 12,160 to 9,132 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 12,160 | $14.0B | This page |
| 2023 | 10,638 | $14.3B | Open filing |
| 2024 · index core | 9,132 | $8.9B | Open filing |
The same sponsor also keeps 3 other index-core plans on PlainRetire:
- 3M Voluntary Investment Plan and Employee Stock Ownership Plan (401(k), $10.6B, 32,964 participants)
- 3M Employee Retirement Income Plan (Defined Benefit (Pension), $8.9B, 9,132 participants)
- 3M Savings Plan (401(k), $285M, 1,663 participants)
3M Employee Retirement Income Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Minnesota, the nearest Defined Benefit (Pension) by assets is Iam National Pension Fund in DC ($13.8B); by covered participants it is Legacy Plan of the National Retirement Fund in NY (12,188 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($14.0B here).
- Iam National Pension Fund (DC) $13.8B · 94,512
- Nokia Retirement Income Plan (NJ) $14.5B · 7,413
- Shell Pension Plan (TX) $14.6B · 12,912
- Ford Motor Company General Retirement Plan (MI) $13.4B · 11,760
Similar participant headcount
Nearest other-state filings by covered participants (12,160 participants); asset peers above are excluded.
- Legacy Plan of the National Retirement Fund (NY) 12,188 · 28 off
- Deseret Mutual Master Retirement Plan (UT) 12,102 · 58 off
- Westrock Company Consolidated Pension Plan (GA) 12,238 · 78 off
- Farmers Group, Inc. Employees' Pension Plan (CA) 12,052 · 108 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.