Defined Benefit (Pension) · DOL Form 5500 · 2022

The Hershey Company Pension Plan

Data updated 2026-08-11

$492M
Total assets
1,704
Participants
98th
Percentile by assets
$288,653
Avg per participant
PlainRetire home → About this data

Official DOL plan name: The Hershey Company Retirement Plan · Sponsored by The Hershey Company · Pennsylvania · Manufacturing

$492M in assets, 1,704 participants

The Hershey Company's The Hershey Company Retirement Plan reported $492M in total assets and 1,704 participants in its 2022 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 139,126 plans)
  • #19,859 in Manufacturing (20,602 peers)

Coverage in Pennsylvania

The Hershey Company Retirement Plan covers 1,704 participants in Pennsylvania, 2.1x the typical Pennsylvania plan (state average ~822 per filing). Assets: $492M.

$492M
total plan assets (2022 EOY)
1,704
covered participants
98th
percentile by assets (of 139,126 plans)
$288,653
avg assets per participant

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

State
Industry

Participants vs Pennsylvania filers

In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. The Hershey Company Retirement Plan reports 1,704 participants - 2.1x that state average ($492M EOY assets).

Pennsylvania filing particulars

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

Sponsor Plan History (The Hershey Company)

$2.5B$2.6B$2.7B$2.8B$2.9B$3B 202220232024 $2.57B $2.87B ▲ +11.7%
Total plan assets by year, all The Hershey Company plans on file
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, same state, same plan type, ranked by total assets.

The Hershey Company Retirement Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants

The Hershey Company Retirement Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants The Hershey Company …National Elevator In…Steelworkers Pension…The PNC Financial Se…Constellation Retire…The Bank of New York…
The Hershey Company Retirement Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to The Hershey Company Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did The Hershey Company Retirement Plan assets move in 2022?
The Hershey Company Retirement Plan declined sharply - down 22.1% during 2022, from $631M to $492M. Reported net income was -$139M.
How have The Hershey Company plan assets changed over time?
Across 3 plan years on file (2022-2024), The Hershey Company's sponsor-wide assets grew 11.9%, from $2.6B to $2.9B.
Where does The Hershey Company Retirement Plan rank by assets among Form 5500 filers?
The Hershey Company Retirement Plan ranks in the 98th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to The Hershey Company Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is No Calif Glaziers, Architectural Metal and Glassworkers Pension Plan in CA ($492M, 1,753 participants).

Next read for The Hershey Company Retirement Plan

Filing takeaways

Ways to act on The Hershey Company Retirement Plan's numbers.

  • By total assets, The Hershey Company Retirement Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Pennsylvania. Compare plans
  • The Hershey Company's sponsor-wide assets have grown 11.9% since 2022 across 3 plan years on file. More Manufacturing plans