Defined Benefit (Pension)
2022 plan-year Defined Benefit (Pension) DOL Form 5500

The Hershey Company Retirement Plan

ERISA Form 5500 plan record drawn from DOL EBSA โ€” verify with linked source filings below.

Sponsored by The Hershey Company ยท Pennsylvania ยท Manufacturing

What the 2023 filing shows

The Hershey Company Retirement Plan holds $492M for 1,704 participants - about $288,653 per participant, down 22.1% over the 2022 plan year.

$492M
total plan assets (2022 EOY)
1,704
covered participants
$288,653
avg assets per participant
-22.1%
assets change YoY

The plan reported a net loss of $139M for the year โ€” a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$492M
Participants
1,704
State
Industry
Manufacturing

What the Filing Says About The Hershey Company Retirement Plan

The Hershey Company Retirement Plan is a Defined Benefit (Pension) retirement plan sponsored by The Hershey Company, headquartered in Pennsylvania. As of the 2022 Form 5500 filing, the plan reports $492M in total end-of-year assets and covers 1,704 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 230691590, and the plan has been effective since 1941-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $631M at the beginning of 2022 to $492M at year-end โ€” a decline of 22.1%. Net assets (after liabilities) closed the year at $492M, with reported net income of $-139,444,587 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows โ€” a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$631M
Total Assets (End of Year)$492M
Net Assets (End of Year)$492M
Net Income$-139,444,587
Plan TypeDefined Benefit (Pension)
Employer EIN230691590
Plan Effective Date1941-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Hershey Company)

Year Plans Participants Total Assets
2022 4 12,923 $2.6B
2023 5 14,683 $2.8B
2024 4 14,048 $2.9B

Nearby Defined Benefit (Pension) Plans in Pennsylvania

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

Frequently Asked Questions

How much money is in the The Hershey Company Retirement Plan?
As of the 2022 Form 5500 filing, The Hershey Company Retirement Plan holds $492M in total assets with 1,704 participants. It is sponsored by The Hershey Company.
What type of plan is The Hershey Company Retirement Plan?
The Hershey Company Retirement Plan is a Defined Benefit (Pension) plan. It has been effective since 1941-01-01. The plan is filed with the U.S. Department of Labor under EIN 230691590.
Who sponsors the The Hershey Company Retirement Plan?
The Hershey Company Retirement Plan is sponsored by The Hershey Company, located in Pennsylvania. The sponsor's EIN is 230691590 and the plan operates in the Manufacturing industry.
How did The Hershey Company Retirement Plan perform in 2022?
The Hershey Company Retirement Plan declined by 22.1% during 2022, moving from $631M to $492M in total assets. Net income was $-139,444,587.
Where can I find official filings for The Hershey Company Retirement Plan?
Official Form 5500 filings for The Hershey Company Retirement Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 230691590 or plan name at efast.dol.gov.
How does The Hershey Company Retirement Plan compare to other plans?
You can compare The Hershey Company Retirement Plan against other Defined Benefit (Pension) plans on the plan type page, or view plans in Pennsylvania on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) โ€” original filing retrieval by EIN 230691590.

Reference: IRS Publication 560 โ€” Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B โ€” Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.