Defined Benefit (Pension) · DOL Form 5500 · 2022
The PNC Financial Services Group, Inc. Pension Plan
Data updated 2026-08-06
- $5.4B
- Total assets
- 63,731
- Participants
- 100th
- Percentile by assets
- $84,771
- Avg per participant
Official DOL plan name: The PNC Financial Services Group, Inc. Pension Plan · Sponsored by The PNC Financial Services Group, Inc. · Pennsylvania · Finance & Insurance
$5.4B in assets, 63,731 participants
The PNC Financial Services Group, Inc.'s The PNC Financial Services Group, Inc. Pension Plan reported $5.4B in total assets and 63,731 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)
- #9,228 in Finance & Insurance (9,267 peers)
Coverage in Pennsylvania
The PNC Financial Services Group, Inc. Pension Plan covers 63,731 participants in Pennsylvania, 77x the typical Pennsylvania plan (state average ~824 per filing). Assets: $5.4B.
- $5.4B
- total plan assets (2022 EOY)
- 63,731
- covered participants
- 100th
- percentile by assets (of 139,258 plans)
- $84,771
- avg assets per participant
The plan reported a net loss of $1.4B for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs Pennsylvania filers
In Pennsylvania, the average filing covers about 824 participants across 5,360 plans. The PNC Financial Services Group, Inc. Pension Plan reports 63,731 participants - 77x that state average ($5.4B EOY assets).
Pennsylvania filing particulars
| Total Assets (Beginning of Year) | $6.8B |
|---|---|
| Net Assets (End of Year) | $5.4B |
| Net Income | -$1.4B |
| Employer EIN | 251435979 |
| Plan Effective Date | 1984-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (The PNC Financial Services Group, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 123,182 | $13.5B |
| 2023 | 2 | 125,377 | $15.0B |
| 2024 | 2 | 113,383 | $15.7B |
Nearby Defined Benefit (Pension) Plans in Pennsylvania
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
The PNC Financial Services Group, Inc. Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants
- National Elevator Industry Pension Plan $10.4B · 27,097
- Steelworkers Pension Trust $5.9B · 52,395
- Constellation Retirement Program $5.4B · 5,314
- The Bank of New York Mellon Corporation Pension Plan $5.0B · 8,098
- United States Steel Corporation Plan for Employee Pension Benefits (Revision of 2003) $4.3B · 3,484
Scale composition for The PNC Financial Services Group, Inc. Pension Plan
The PNC Financial Services Group, Inc. Pension Plan reports $5.4B in end-of-year assets across 63,731 participants (0.046% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.071% of 89,805,449 covered participants) - about $84,771 per participant (62% of the national average assets-per-participant) . Net income for plan year 2022 was -$1.4B.
This plan identity (EIN 251435979, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $5.4B to $5.5B (+2.3%) while covered participants moved from 63,731 to 58,779 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 63,731 | $5.4B | This page |
| 2023 | 63,680 | $5.6B | Open filing |
| 2024 · index core | 58,779 | $5.5B | Open filing |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- The PNC Financial Services Group, Inc. Incentive Savings Plan (401(k), $10.2B, 54,604 participants)
- The PNC Financial Services Group, Inc. Pension Plan (Defined Benefit (Pension), $5.5B, 58,779 participants)
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to The PNC Financial Services Group, Inc. Pension Plan by total assets, not by location.
- Midwest Operating Engineers Pension Trust Fund (IL) $5.4B · 12,568
- U. S. Retirement Plan (NJ) $5.4B · 11,012
- Triad Defined Benefit Pension Plan (NM) $5.4B · 2,447
- Bp Retirement Accumulation Plan (TX) $5.4B · 9,156
Frequently Asked Questions
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Filing takeaways
Ways to act on The PNC Financial Services Group, Inc. Pension Plan's numbers.
- By total assets, The PNC Financial Services Group, Inc. Pension 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 Pennsylvania. Compare plans
- The PNC Financial Services Group, Inc.'s sponsor-wide assets have grown 16.3% since 2022 across 3 plan years on file. More Finance & Insurance plans