Defined Benefit (Pension) · DOL Form 5500 · 2023
Intel Corporation Pension Plan
Data updated 2026-08-11
- $910M
- Total assets
- 21,211
- Participants
- 98th
- Percentile by assets
- $42,901
- Avg per participant
Official DOL plan name: Intel Minimum Pension Plan · Sponsored by Intel Corporation · California · Manufacturing
$910M in assets, 21,211 participants
Intel Corporation's Intel Minimum Pension Plan reported $910M in total assets and 21,211 participants in its 2023 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 127,072 plans)
- #18,224 in Manufacturing (18,722 peers)
Coverage in California
Intel Minimum Pension Plan covers 21,211 participants in California, 34x the typical California plan (state average ~630 per filing). Assets: $910M.
- $910M
- total plan assets (2023 EOY)
- 21,211
- covered participants
- 98th
- percentile by assets (of 127,072 plans)
- $42,901
- avg assets per participant
The plan reported a net loss of $11M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Intel Minimum Pension Plan reported net income rose from -$484M in the plan year 2022 filing to -$11M in the plan year 2023 filing.
- Intel Minimum Pension Plan reported participants fell from 22,136 in the plan year 2022 filing to 21,211 in the plan year 2023 filing.
- Intel Minimum Pension Plan end-of-year assets fell from $922M in the plan year 2022 filing to $910M in the plan year 2023 filing.
Participants vs California filers
In California, the average filing covers about 630 participants across 15,291 plans. Intel Minimum Pension Plan reports 21,211 participants - 34x that state average ($910M EOY assets).
California filing particulars
| Total Assets (Beginning of Year) | $922M |
|---|---|
| Net Assets (End of Year) | $904M |
| Net Income | -$11M |
| Employer EIN | 941672743 |
| Plan Effective Date | 1988-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Intel Corporation)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 99,024 | $26.2B |
| 2023 | 3 | 102,587 | $30.3B |
| 2024 | 3 | 93,118 | $33.0B |
Nearby Defined Benefit (Pension) Plans in California
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Intel Minimum Pension Plan vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants
- Kaiser Permanente Retirement Plan $33.5B · 127,356
- Pacific Gas and Electric Company Retirement Plan $21.4B · 22,914
- Pacific Gas and Electric Company Retirement Plan $18.0B · 25,647
- Retirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc. $10.8B · 19,545
- Disney Salaried Pension Plan D $10.1B · 10,813
Scale composition for Intel Minimum Pension Plan
Intel Minimum Pension Plan reports $910M in end-of-year assets across 21,211 participants (0.007% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.023% of 93,925,755 covered participants) - about $42,901 per participant (31% of the national average assets-per-participant) . Net income for plan year 2023 was -$11M.
This plan identity (EIN 941672743, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $922M to $815M (-11.7%) while covered participants moved from 22,136 to 18,776 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 22,136 | $922M | Open filing |
| 2023 | 21,211 | $910M | This page |
| 2024 · index core | 18,776 | $815M | Open filing |
The same sponsor also keeps 3 other index-core plans on PlainRetire:
- Intel 401(k) Savings Plan (401(k), $24.9B, 55,298 participants)
- Intel Retirement Contribution Plan (Profit Sharing, $7.3B, 19,044 participants)
- Intel Minimum Pension Plan (Defined Benefit (Pension), $815M, 18,776 participants)
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Intel Minimum Pension Plan by total assets, not by location.
- Blue Cross and Blue Shield of Massachusetts, Inc. Retirement Income Trust (MA) $907M · 2,901
- Blue Cross Blue Shield of Michigan Employees' Retirement Account Plan (MI) $914M · 6,430
- Goldman Sachs Employees' Pension Plan (NY) $905M · 1,387
- Rush Retirement Plan (IL) $916M · 10,468
Frequently Asked Questions
How did Intel Minimum Pension Plan assets move in 2023? ▼
How have Intel Corporation plan assets changed over time? ▼
Where does Intel Minimum Pension Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Intel Minimum Pension Plan? ▼
Next read for Intel Minimum Pension Plan
Filing takeaways
Ways to act on Intel Minimum Pension Plan's numbers.
- By total assets, Intel Minimum Pension 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 California. Compare plans
- Intel Corporation's sponsor-wide assets have grown 25.8% since 2022 across 3 plan years on file. More Manufacturing plans