Defined Benefit (Pension) · DOL Form 5500 · 2022

National Rural Electric Cooperative Association Pension Plan

Data updated 2026-08-25

$9.4B
Total assets Very large vs avg
54,531
Participants Very large workforce
100th
Percentile by assets National rank
$172,107
Avg per participant Above avg balance/head
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Official DOL plan name: Retirement Security Plan · Sponsored by National Rural Electric Cooperative Association · Virginia · Utilities

$9.4B in assets, 54,531 participants

National Rural Electric Cooperative Association's Retirement Security Plan reported $9.4B in total assets and 54,531 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.

  • #734 in Utilities (738 peers)

Coverage in Virginia

Retirement Security Plan covers 54,531 participants in Virginia, 70x the typical Virginia plan (state average ~782 per filing). Assets: $9.4B.

#734
in Utilities (738 peers)
-19.9%
assets change YoY
94×
vs typical plan assets (national mean)

The plan reported a net loss of $2.3B for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Retirement Security Plan's outsized position by total assets

Retirement Security Plan vs every filed plan by assets

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

$9,385,168,374 Highest reported value at or above every one 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

Retirement Security 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. Retirement Security Plan is a mega filing (54,531 participants), the rightmost band on the breakdown.

Plan-year Form 5500 strip

Filing strip 530116145 · National Rural Electric Cooperative Association PY 2022 · Defined Benefit (Pension)

Retirement Security Plan · $9.4B · 54,531 · 100th

  • PART $9.4B
  • PART 54,531
  • PART 100th
  • PART Defined Benefit (Pension)
  • PART near Caterpillar Inc. Retirement Income Plan
  • PART ind #734

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 Utilities retirement plans → · Plans in Virginia →

Retirement Security Plan in the asset neighbourhood

UPS Pension Plan$9.6BMerck US Pension Plan$9.6BCaterpillar Inc. Retirement Income PlanCaterpillar Inc. Retirement …$9.5BRetirement Security Plan$9.4BDisney Salaried Pension Plan DDisney Salaried Pension Plan…$9.2B
End-of-year total assets ($B) among Retirement Security Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Virginia filing particulars

Total Assets (Beginning of Year)$11.7B
Net Assets (End of Year)$9.3B
Net Income-$2.3B
Employer EIN530116145
Plan Effective Date1948-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (National Rural Electric Cooperative Association)

Sponsor-wide plan assets over time

All National Rural Electric Cooperative Association plans reported in each filing year

Latest sponsor-wide plan assets
$28.3B 26.676422092894203% vs 2022
2024 filing year
$20B$22B$24B$26B$28B$30B 202220232024 $22.4B $28.3B ▲ +26.7%
Year Plans Participants Total Assets
2022 2 116,012 $22.4B
2023 2 116,638 $25.2B
2024 2 119,502 $28.3B

Nearby Defined Benefit (Pension) Plans in Virginia

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

Retirement Security Plan vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants Scatter plot of 6 data points. 020000400006000080000100000 5101520 Total assets ($B) Participants Retirement Security Plan, Total assets ($B): 9.385168374 · Participants: 54531Retirement Security PlanNorthrop Grumman Pension Plan, Total assets ($B): 18.331391337 · Participants: 14867Northrop Grumman Pension PlanNg Space&mission Systems Corp Salaried Pension Pla, Total assets ($B): 8.061267673 · Participants: 7799Ng Space&mission Systems Corp Salaried Pension PlaDominion Energy Pension Plan, Total assets ($B): 7.265847838 · Participants: 12832Dominion Energy Pension PlanSheet Metal Workers' National Pension Fund, Total assets ($B): 7.155241333 · Participants: 61068Sheet Metal Workers' National Pension FundUnited Association National Pension Fund, Total assets ($B): 6.697475542 · Participants: 81342United Association National Pension Fund
Retirement Security Plan vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants

Scale composition for Retirement Security Plan

Retirement Security Plan reports $9.4B in end-of-year assets across 54,531 participants (0.076% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.058% of 93,925,755 covered participants) - about $172,107 per participant (1.2x the national average assets-per-participant) . Net income for plan year 2022 was -$2.3B.

This plan identity (EIN 530116145, plan #333) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $9.4B to $11.5B (+22.3%) while covered participants moved from 54,531 to 56,633 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 54,531 $9.4B This page
2023 54,171 $10.2B Open filing
2024 · index core 56,633 $11.5B Open filing

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

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

Outside Virginia, the nearest Defined Benefit (Pension) by assets is Caterpillar Inc. Retirement Income Plan in TX ($9.5B); by covered participants it is Building Service 32bj Pension Fund in NY (54,120 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($9.4B here).

Similar participant headcount

Nearest other-state filings by covered participants (54,531 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 Retirement Security Plan assets move in 2022?
Retirement Security Plan declined sharply - down 19.9% during 2022, from $11.7B to $9.4B. Reported net income was -$2.3B.
How have National Rural Electric Cooperative Association plan assets changed over time?
Across 3 plan years on file (2022-2024), National Rural Electric Cooperative Association's sponsor-wide assets grew 26.7%, from $22.4B to $28.3B.
Where does Retirement Security Plan rank by assets among Form 5500 filers?
Retirement Security 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 Retirement Security Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Caterpillar Inc. Retirement Income Plan in TX ($9.5B, 12,815 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Retirement Security Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Building Service 32bj Pension Fund in NY (54,120 participants, $3.5B in assets).