Defined Benefit (Pension) · DOL Form 5500 · 2023

Panasonic Corporation of North America Pension Plan

Data updated 2026-08-25

$269M
Total assets Near avg plan size
209
Participants Below avg headcount
96th
Percentile by assets National rank
$1.3M
Avg per participant High balance/head
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Official DOL plan name: Panasonic Pension Plan · Sponsored by Panasonic Corporation of North America · New Jersey · Wholesale Trade

$269M in assets, 209 participants

Panasonic Corporation of North America's Panasonic Pension Plan reported $269M in total assets and 209 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.

  • #6,120 in Wholesale Trade (6,309 peers)

Coverage in New Jersey

Panasonic Pension Plan covers 209 participants in New Jersey, about 25% of the average New Jersey filer (state average ~844 per filing). Assets: $269M.

#6,120
in Wholesale Trade (6,309 peers)
-0.4%
assets change YoY
2.7×
vs typical plan assets (national mean)

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Panasonic Pension Plan's outsized position by total assets

Panasonic Pension Plan vs every filed plan by assets

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

$269,040,926 Top 4% higher than 96% 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

Panasonic Pension Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Panasonic Pension Plan sits mid-pack in the medium band (209 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Panasonic Pension Plan reported net income rose from -$85M in the plan year 2022 filing to -$1M in the plan year 2023 filing.
  • Panasonic Pension Plan reported participants fell from 237 in the plan year 2022 filing to 209 in the plan year 2023 filing.
  • Panasonic Pension Plan end-of-year assets fell from $270M in the plan year 2022 filing to $269M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 362786846 · Panasonic Corporation of North America PY 2023 · Defined Benefit (Pension)

Panasonic Pension Plan · $269M · 209 · 96th

  • TYPE $269M
  • NET 209
  • BOOK 96th
  • VS-ST Defined Benefit (Pension)
  • BOY near Jacobs Consolidated Pension Plan
  • SCH ind #6120

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 Wholesale Trade retirement plans → · Plans in New Jersey →

Panasonic Pension Plan in the asset neighbourhood

Jacobs Consolidated Pension PlanJacobs Consolidated Pension …$269MPanasonic Pension Plan$269MAlaska Airlines, Inc., Retirement Plan for Mechanics & Related Crafts EmployeesAlaska Airlines, Inc., Retir…$269MOakwood Healthcare, Inc. Cash Balance PlanOakwood Healthcare, Inc. Cas…$269MEntergy Corporation Retirement Plan II for Bargaining EmployeesEntergy Corporation Retireme…$269M
End-of-year total assets ($M) among Panasonic Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

New Jersey filing particulars

Total Assets (Beginning of Year)$270M
Net Assets (End of Year)$269M
Net Income-$1M
Employer EIN362786846
Plan Effective Date1962-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Panasonic Corporation of North America)

Sponsor-wide plan assets over time

All Panasonic Corporation of North America plans reported in each filing year

Latest sponsor-wide plan assets
$1.9B 18.59910343115878% vs 2022
2024 filing year
$1.5B$1.6B$1.7B$1.8B$1.9B$2B 202220232024 $1.6B $1.9B ▲ +18.7%
Year Plans Participants Total Assets
2022 2 9,705 $1.6B
2023 2 9,514 $1.9B
2024 2 9,850 $1.9B

Nearby Defined Benefit (Pension) Plans in New Jersey

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

Panasonic Pension Plan vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -50510152025 Total assets ($B) Participants Panasonic Pension Plan, Total assets ($B): 0.269040926 · Participants: 209Panasonic Pension PlanRetirement Plan of Johnson and Johnson, Total assets ($B): 21.174819996 · Participants: 37749Retirement Plan of Johnson and JohnsonJPMorgan Chase Retirement Plan, Total assets ($B): 16.279006871 · Participants: 90644JPMorgan Chase Retirement PlanNokia Retirement Income Plan, Total assets ($B): 13.864923 · Participants: 7492Nokia Retirement Income PlanThe Prudential Merged Retirement Plan, Total assets ($B): 12.225782081 · Participants: 16230The Prudential Merged Retirement PlanVerizon Pension Plan for Associates, Total assets ($B): 10.930667796 · Participants: 23778Verizon Pension Plan for Associates
Panasonic Pension Plan vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants

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

Outside New Jersey, the nearest Defined Benefit (Pension) by assets is Jacobs Consolidated Pension Plan in TX ($269M); by covered participants it is Pension Plan for Union Employees of Fox Television Stations, LLC in NY (209 participants). Same-state nearby plans are listed separately above.

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 Panasonic Pension Plan assets move in 2023? ▼
Panasonic Pension Plan held essentially flat - down 0.4% during 2023, from $270M to $269M. Reported net income was -$1M.
How have Panasonic Corporation of North America plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Panasonic Corporation of North America's sponsor-wide assets grew 18.6%, from $1.6B to $1.9B.
Where does Panasonic Pension Plan rank by assets among Form 5500 filers? ▼
Panasonic Pension Plan ranks in the 96th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Panasonic Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Jacobs Consolidated Pension Plan in TX ($269M, 733 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Panasonic Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Pension Plan for Union Employees of Fox Television Stations, LLC in NY (209 participants, $45M in assets).