Defined Benefit (Pension) · DOL Form 5500 · 2022

Air Products and Chemicals, Inc. Pension Plan

Data updated 2026-08-25

$2.1B
Total assets Very large vs avg
1,169
Participants Near avg headcount
99th
Percentile by assets National rank
$1.8M
Avg per participant High balance/head
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Official DOL plan name: Air Products and Chemicals, Inc. Pension Plan for Salaried Employees · Sponsored by Air Products and Chemicals, Inc. · Pennsylvania · Manufacturing

$2.1B in assets, 1,169 participants

Air Products and Chemicals, Inc.'s Air Products and Chemicals, Inc. Pension Plan for Salaried Employees reported $2.1B in total assets and 1,169 participants in its 2022 DOL Form 5500 filing, ranking in the 99th 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.

  • #20,400 in Manufacturing (20,602 peers)

Where Air Products and Chemicals, Inc. Pension Plan for Salaried Employees sits by assets

Air Products and Chemicals, Inc. Pension Plan for Salaried Employees sits among the largest 1% of all filed plans, $2.1B for 1,169 participants (~$1.8M/participant), down 4.4% in 2022.

#20,400
in Manufacturing (20,602 peers)
-4.4%
assets change YoY
21×
vs typical plan assets (national mean)

The plan reported a net loss of $98M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Air Products and Chemicals, Inc. Pension Plan for Salaried Employees's outsized position by total assets

Air Products and Chemicals, Inc. Pension Plan for Salaried Employees vs every filed plan by assets

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

$2,107,059,607 Top 1% higher than 99% 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

Air Products and Chemicals, Inc. Pension Plan for Salaried Employees's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Air Products and Chemicals, Inc. Pension Plan for Salaried Employees lands in the large band (1,169 participants).

EBSA filing schedule strip

Filing strip 231274455 · Air Products and Chemicals, Inc. PY 2022 · Defined Benefit (Pension)

Air Products and Chemicals, Inc. Pension Plan for Salaried Employees · $2.1B · 1,169 · 99th

  • ASSETS $2.1B
  • ASSETS 1,169
  • ASSETS 99th
  • ASSETS Defined Benefit (Pension)
  • ASSETS near Massachusetts Laborers' Pension Fund
  • ASSETS ind #20400

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 Manufacturing retirement plans → · Plans in Pennsylvania →

Air Products and Chemicals, Inc. Pension Plan for Salaried Employees in the asset neighbourhood

The Hearst Corporation Retirement PlanThe Hearst Corporation Retir…$2.1BAir Products and Chemicals, Inc. Pension Plan for Salaried EmployeesAir Products and Chemicals, …$2.1BMassachusetts Laborers' Pension FundMassachusetts Laborers' Pens…$2.1BThe Retirement Income Plan of Keyspan CorporationThe Retirement Income Plan o…$2.1BNew York Hotel Trades Council and Hotel Association of New York City, Inc. Pension FundNew York Hotel Trades Counci…$2.1B
End-of-year total assets ($B) among Air Products and Chemicals, Inc. Pension Plan for Salaried Employees and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$2.2B
Net Assets (End of Year)$2.1B
Net Income-$98M
Employer EIN231274455
Plan Effective Date1957-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Air Products and Chemicals, Inc.)

Sponsor-wide plan assets over time

All Air Products and Chemicals, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$2.7B 41.92821734022907% vs 2022
2024 filing year
$2B$3B$4B$5B$6B 202220232024 $4.71B $2.73B ▼ -42.0%
Year Plans Participants Total Assets
2022 3 6,869 $4.7B
2023 3 7,105 $5.1B
2024 1 6,170 $2.7B

Nearby Defined Benefit (Pension) Plans in Pennsylvania

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

Air Products and Chemicals, Inc. Pension Plan for Salaried Employees vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 024681012 Total assets ($B) Participants Air Products and Chemicals, Inc. Pension Plan for Salaried Employees, Total assets ($B): 2.107059607 · Participants: 1169Air Products and Chemicals, Inc. Pension Plan for Salaried EmployeesNational Elevator Industry Pension Plan, Total assets ($B): 10.401485458 · Participants: 27097National Elevator Industry Pension PlanSteelworkers Pension Trust, Total assets ($B): 5.908424468 · Participants: 52395Steelworkers Pension TrustThe PNC Financial Services Group, Inc. Pension Plan, Total assets ($B): 5.402519 · Participants: 63731The PNC Financial Services Group, Inc. Pension PlanConstellation Retirement Program, Total assets ($B): 5.359207207 · Participants: 5314Constellation Retirement ProgramThe Bank of New York Mellon Corporation Pension Plan, Total assets ($B): 4.968344232 · Participants: 8098The Bank of New York Mellon Corporation Pension Plan
Air Products and Chemicals, Inc. Pension Plan for Salaried Employees vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants

Air Products and Chemicals, Inc. Pension Plan for Salaried Employees's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is Massachusetts Laborers' Pension Fund in MA ($2.1B); by covered participants it is Western Glaziers Retirement Plan in WA (1,169 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,169 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 Air Products and Chemicals, Inc. Pension Plan for Salaried Employees assets move in 2022? ▼
Air Products and Chemicals, Inc. Pension Plan for Salaried Employees edged down modestly - down 4.4% during 2022, from $2.2B to $2.1B. Reported net income was -$98M.
How have Air Products and Chemicals, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Air Products and Chemicals, Inc.'s sponsor-wide assets declined 41.9%, from $4.7B to $2.7B.
Where does Air Products and Chemicals, Inc. Pension Plan for Salaried Employees rank by assets among Form 5500 filers? ▼
Air Products and Chemicals, Inc. Pension Plan for Salaried Employees ranks in the 99th 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 Air Products and Chemicals, Inc. Pension Plan for Salaried Employees? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Massachusetts Laborers' Pension Fund in MA ($2.1B, 10,000 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Air Products and Chemicals, Inc. Pension Plan for Salaried Employees? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Western Glaziers Retirement Plan in WA (1,169 participants, $336M in assets).