Defined Benefit (Pension) · DOL Form 5500 · 2022
The Hershey Company Pension Plan
Data updated 2026-08-06
- $308M
- Total assets
- 1,115
- Participants
- 97th
- Percentile by assets
- $276,047
- Avg per participant
Official DOL plan name: The Hershey Company Retirement Plan for Hourly Employees · Sponsored by The Hershey Company · Pennsylvania · Manufacturing
$308M in assets, 1,115 participants
The Hershey Company's The Hershey Company Retirement Plan for Hourly Employees reported $308M in total assets and 1,115 participants in its 2022 DOL Form 5500 filing, ranking in the 97th 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.
- 97th percentile by assets (of 139,258 plans)
- #19,582 in Manufacturing (20,629 peers)
Where The Hershey Company Retirement Plan for Hourly Employees sits by assets
The Hershey Company Retirement Plan for Hourly Employees sits in the top 5% of all filed plans by assets, $308M for 1,115 participants (~$276,047/participant), down 24.7% in 2022.
- $308M
- total plan assets (2022 EOY)
- 1,115
- covered participants
- 97th
- percentile by assets (of 139,258 plans)
- $276,047
- avg assets per participant
The plan reported a net loss of $101M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
The Hershey Company Retirement Plan for Hourly Employees vs the 2022 asset distribution
By assets, The Hershey Company Retirement Plan for Hourly Employees outranks 97% of the 139,258 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 3.1x the national average plan size of $100M (730 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $409M |
|---|---|
| Net Assets (End of Year) | $308M |
| Net Income | -$101M |
| Employer EIN | 230691590 |
| Plan Effective Date | 1941-01-01 |
| Filing Status | FILING 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, same state, same plan type, ranked by total assets.
The Hershey Company Retirement Plan for Hourly Employees 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
- The PNC Financial Services Group, Inc. Pension Plan $5.4B · 63,731
- Constellation Retirement Program $5.4B · 5,314
- The Bank of New York Mellon Corporation Pension Plan $5.0B · 8,098
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to The Hershey Company Retirement Plan for Hourly Employees by total assets, not by location.
- Galileo & Worldspan U.S. Legacy Pension Plan (GA) $308M · 342
- The Albany Medical Center Retirement Plan (NY) $308M · 7,778
- Florida Carpenters Pension Plan (TN) $308M · 1,704
- Riceland Foods, Inc. Employee Benefit Pension Plan (AR) $308M · 462
Frequently Asked Questions
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Ways to act on The Hershey Company Retirement Plan for Hourly Employees's numbers.
- By total assets, The Hershey Company Retirement Plan for Hourly Employees 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