Defined Benefit (Pension) · DOL Form 5500 · 2023

Johnson Controls, Inc. Pension Plan

Data updated 2026-08-25

$1.6B
Total assets Very large vs avg
3,999
Participants Above avg headcount
99th
Percentile by assets National rank
$400,786
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Johnson Controls Pension Plan · Sponsored by Johnson Controls, Inc. · Wisconsin · Manufacturing

$1.6B in assets, 3,999 participants

Johnson Controls, Inc.'s Johnson Controls Pension Plan reported $1.6B in total assets and 3,999 participants in its 2023 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.

  • #18,413 in Manufacturing (18,722 peers)

Coverage in Wisconsin

Johnson Controls Pension Plan covers 3,999 participants in Wisconsin, 7.1x the typical Wisconsin plan (state average ~563 per filing). Assets: $1.6B.

#18,413
in Manufacturing (18,722 peers)
-3.0%
assets change YoY
16×
vs typical plan assets (national mean)

The plan reported a net loss of $52M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Johnson Controls Pension Plan's outsized position by total assets

Johnson Controls Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$1,602,741,528 Top 1% higher than 99% of 127,068 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 2023

Johnson Controls Pension Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Johnson Controls Pension Plan lands in the large band (3,999 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Johnson Controls Pension Plan reported participants rose from 28 in the plan year 2022 filing to 3,999 in the plan year 2023 filing.
  • Johnson Controls Pension Plan reported net income fell from -$20M in the plan year 2022 filing to -$52M in the plan year 2023 filing.
  • Johnson Controls Pension Plan end-of-year assets fell from $1.7B in the plan year 2022 filing to $1.6B in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 390380010 · Johnson Controls, Inc. PY 2023 · Defined Benefit (Pension)

Johnson Controls Pension Plan · $1.6B · 3,999 · 99th

  • SCH $1.6B
  • EBSA 3,999
  • PART 99th
  • TYPE Defined Benefit (Pension)
  • NET near Plumbers' Pension Fund, Local 130, U.a.
  • BOOK ind #18413

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 Wisconsin →

Johnson Controls Pension Plan in the asset neighbourhood

Consolidated Pension Plan of Hackensack Meridian HealthConsolidated Pension Plan of…$1.6BAfscme Employees Pension Plan$1.6BJohnson Controls Pension Plan$1.6BPlumbers' Pension Fund, Local 130, U.a.Plumbers' Pension Fund, Loca…$1.6BPpl Retirement Plan$1.6B
End-of-year total assets ($B) among Johnson Controls Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Wisconsin filing particulars

Total Assets (Beginning of Year)$1.7B
Net Assets (End of Year)$1.6B
Net Income-$52M
Employer EIN390380010
Plan Effective Date1957-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Johnson Controls, Inc.)

Sponsor-wide plan assets over time

All Johnson Controls, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$8.6B 10.81260739222597% vs 2022
2024 filing year
$7.5B$8B$8.5B$9B 202220232024 $7.78B $8.63B ▲ +10.9%
Year Plans Participants Total Assets
2022 4 41,696 $7.8B
2023 4 49,559 $8.4B
2024 2 31,807 $8.6B

Nearby Defined Benefit (Pension) Plans in Wisconsin

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

Johnson Controls Pension Plan vs. nearby Defined Benefit (Pension) plans in Wisconsin, assets vs. participants Scatter plot of 6 data points. 020004000600080001000012000 1.522.533.5 Total assets ($B) Participants Johnson Controls Pension Plan, Total assets ($B): 1.602741528 · Participants: 3999Johnson Controls Pension PlanThe Northwestern Mutual Employee Retirement Plan, Total assets ($B): 3.298151091 · Participants: 8348The Northwestern Mutual Employee Retirement PlanBuilding Trades United Pension Trust Fund Milwaukee and Vicinity, Total assets ($B): 3.267131995 · Participants: 9960Building Trades United Pension Trust Fund Milwaukee and VicinityThe Northwestern Mutual Life Insurance Company Agents Retirement Plan, Total assets ($B): 2.08393057 · Participants: 7368The Northwestern Mutual Life Insurance Company Agents Retirement PlanHarley-Davidson Retirement Plan, Total assets ($B): 1.912240682 · Participants: 1560Harley-Davidson Retirement PlanRockwell Automation Pension Plan, Total assets ($B): 1.77661124 · Participants: 2136Rockwell Automation Pension Plan
Johnson Controls Pension Plan vs. nearby Defined Benefit (Pension) plans in Wisconsin, assets vs. participants
Compare Johnson Controls Pension Plan side-by-side with 3 peers →

Johnson Controls Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Wisconsin, the nearest Defined Benefit (Pension) by assets is Plumbers' Pension Fund, Local 130, U.a. in IL ($1.6B); by covered participants it is Lockheed Martin Aerospace Hourly Pension Plan in MD (4,011 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.6B here).

Similar participant headcount

Nearest other-state filings by covered participants (3,999 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Johnson Controls Pension Plan assets move in 2023? ▼
Johnson Controls Pension Plan edged down modestly - down 3.0% during 2023, from $1.7B to $1.6B. Reported net income was -$52M.
How have Johnson Controls, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Johnson Controls, Inc.'s sponsor-wide assets grew 10.8%, from $7.8B to $8.6B.
Where does Johnson Controls Pension Plan rank by assets among Form 5500 filers? ▼
Johnson Controls Pension Plan ranks in the 99th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to Johnson Controls Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Plumbers' Pension Fund, Local 130, U.a. in IL ($1.6B, 3,000 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Johnson Controls Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Lockheed Martin Aerospace Hourly Pension Plan in MD (4,011 participants, $2.3B in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 390380010.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.