Defined Benefit (Pension) · DOL Form 5500 · 2023
International Business Machines Corporation Pension Plan
Data updated 2026-08-25
- $25.0B
- Total assets Mega-plan scale
- 14,881
- Participants Very large workforce
- 100th
- Percentile by assets National rank
- $1.7M
- Avg per participant High balance/head
Official DOL plan name: IBM Personal Pension Plan · Sponsored by International Business Machines Corporation · New York · Professional & Technical Services
$25.0B in assets, 14,881 participants
International Business Machines Corporation's IBM Personal Pension Plan reported $25.0B in total assets and 14,881 participants in its 2023 DOL Form 5500 filing, ranking in the 100th 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.
- #20,318 in Professional & Technical Services (20,321 peers)
Coverage in New York
IBM Personal Pension Plan covers 14,881 participants in New York, 19x the typical New York plan (state average ~798 per filing). Assets: $25.0B.
- #20,318
- in Professional & Technical Services (20,321 peers)
- -2.2%
- assets change YoY
- 250×
- vs typical plan assets (national mean)
The plan reported a net loss of $720M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
IBM Personal Pension Plan's outsized position by total assets
IBM Personal Pension Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$24,955,758,896 Highest reported value at or above every one of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
IBM Personal Pension Plan's mega-plan peer group by participant headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. IBM Personal Pension Plan is a mega filing (14,881 participants), the rightmost band on the breakdown.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- IBM Personal Pension Plan reported net income rose from -$26.7B in the plan year 2022 filing to -$720M in the plan year 2023 filing.
- IBM Personal Pension Plan reported participants fell from 16,431 in the plan year 2022 filing to 14,881 in the plan year 2023 filing.
- IBM Personal Pension Plan end-of-year assets fell from $25.5B in the plan year 2022 filing to $25.0B in the plan year 2023 filing.
Form 5500 schedule snapshot
Filing strip 130871985 · International Business Machines Corporation PY 2023 · Defined Benefit (Pension)
IBM Personal Pension Plan · $25.0B · 14,881 · 100th
- TYPE $25.0B
- TYPE 14,881
- TYPE 100th
- TYPE Defined Benefit (Pension)
- TYPE near Central Pension Fund of the Iuoe & Participating Employers
- TYPE ind #20318
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 Professional & Technical Services retirement plans → · Plans in New York →
IBM Personal Pension Plan in the asset neighbourhood
New York filing particulars
| Total Assets (Beginning of Year) | $25.5B |
|---|---|
| Net Assets (End of Year) | $24.5B |
| Net Income | -$720M |
| Employer EIN | 130871985 |
| Plan Effective Date | 1945-09-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (International Business Machines Corporation)
Sponsor-wide plan assets over time
All International Business Machines Corporation plans reported in each filing year
- Latest sponsor-wide plan assets
- $78.3B 0.712905096080379% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 72,807 | $78.9B |
| 2023 | 3 | 69,793 | $82.4B |
| 2024 | 3 | 100,688 | $78.3B |
Nearby Defined Benefit (Pension) Plans in New York
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- Consolidated Edison Retirement Plan $16.2B · 10,779
- 1199seiu Health Care Employees Pension Fund $16.2B · 107,582
- Pfizer Consolidated Pension Plan $11.0B · 9,616
- Pepsico Employees Retirement Plan I $7.6B · 12,289
- New York State Nurses Association Pension Plan $5.5B · 19,697
Scale composition for IBM Personal Pension Plan
IBM Personal Pension Plan reports $25.0B in end-of-year assets across 14,881 participants (0.20% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.016% of 93,925,755 covered participants) - about $1.7M per participant (12x the national average assets-per-participant) . Net income for plan year 2023 was -$720M.
This plan identity (EIN 130871985, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $25.5B to $17.9B (-29.8%) while covered participants moved from 16,431 to 48,014 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 16,431 | $25.5B | Open filing |
| 2023 | 14,881 | $25.0B | This page |
| 2024 · index core | 48,014 | $17.9B | Open filing |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- IBM 401(k) Plan (401(k), $60.4B, 52,674 participants)
- IBM Personal Pension Plan (Defined Benefit (Pension), $17.9B, 48,014 participants)
IBM Personal Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside New York, the nearest Defined Benefit (Pension) by assets is Central Pension Fund of the Iuoe & Participating Employers in DC ($24.9B); by covered participants it is Highmark Retirement Plan in PA (14,778 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($25.0B here).
- Central Pension Fund of the Iuoe & Participating Employers (DC) $24.9B · 100,627
- The Pension Value Plan for Employees of the Boeing Company (WA) $25.0B · 31,566
- Fedex Corporation Employees' Pension Plan (TN) $26.6B · 139,031
- Pacific Gas and Electric Company Retirement Plan (CA) $21.4B · 22,914
Similar participant headcount
Nearest other-state filings by covered participants (14,881 participants); asset peers above are excluded.
- Highmark Retirement Plan (PA) 14,778 · 103 off
- Co-Op Retirement Plan (MO) 14,993 · 112 off
- National Automatic Sprinkler Industry Pension Fund (MD) 15,047 · 166 off
- Children's Hospital Medical Center Retirement Plan (OH) 14,679 · 202 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.