Defined Benefit (Pension) · DOL Form 5500 · 2022
The PNC Financial Services Group, Inc. Pension Plan
Data updated 2026-08-25
- $5.4B
- Total assets Very large vs avg
- 63,731
- Participants Very large workforce
- 100th
- Percentile by assets National rank
- $84,771
- Avg per participant Below avg balance/head
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.
- #9,222 in Finance & Insurance (9,261 peers)
Coverage in Pennsylvania
The PNC Financial Services Group, Inc. Pension Plan covers 63,731 participants in Pennsylvania, 78x the typical Pennsylvania plan (state average ~822 per filing). Assets: $5.4B.
- #9,222
- in Finance & Insurance (9,261 peers)
- -21.0%
- assets change YoY
- 54×
- vs typical plan assets (national mean)
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.
The PNC Financial Services Group, Inc. Pension Plan's outsized position by total assets
The PNC Financial Services Group, Inc. Pension Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$5,402,519,000 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
The PNC Financial Services Group, Inc. Pension 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. The PNC Financial Services Group, Inc. Pension Plan is a mega filing (63,731 participants), the rightmost band on the breakdown.
EBSA filing schedule strip
Filing strip 251435979 · The PNC Financial Services Group, Inc. PY 2022 · Defined Benefit (Pension)
The PNC Financial Services Group, Inc. Pension Plan · $5.4B · 63,731 · 100th
- PHOTO $5.4B
- IND 63,731
- EOY 100th
- 5500 Defined Benefit (Pension)
- ASSETS near Midwest Operating Engineers Pension Trust Fund
- PCT ind #9222
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 →
The PNC Financial Services Group, Inc. Pension Plan in the asset neighbourhood
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.)
Sponsor-wide plan assets over time
All The PNC Financial Services Group, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $15.7B 16.26505244329938% vs 2022
- 2024 filing year
| 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.
- 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 (0.044% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.068% of 93,925,755 covered participants) - about $84,771 per participant (61% 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)
The PNC Financial Services Group, Inc. Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is Midwest Operating Engineers Pension Trust Fund in IL ($5.4B); by covered participants it is Motion Picture Industry Pension Plan in CA (63,914 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($5.4B here).
- 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
Similar participant headcount
Nearest other-state filings by covered participants (63,731 participants); asset peers above are excluded.
- Motion Picture Industry Pension Plan (CA) 63,914 · 183 off
- Sheet Metal Workers' National Pension Fund (VA) 61,068 · 2,663 off
- Mayo Pension Plan (MN) 66,434 · 2,703 off
- The Bank of America Pension Plan (RI) 59,906 · 3,825 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.