Defined Benefit (Pension) · DOL Form 5500 · 2023

Panasonic Corporation of North America Pension Plan

Data updated 2026-08-11

$269M
Total assets
209
Participants
96th
Percentile by assets
$1.3M
Avg per participant
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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.

  • 96th percentile by assets (of 127,072 plans)
  • #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.

$269M
total plan assets (2023 EOY)
209
covered participants
96th
percentile by assets (of 127,072 plans)
$1.3M
avg assets per participant

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.

Where Panasonic Pension Plan sits 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 $2,010,000,000 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

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 →

State
New Jersey
Industry
Wholesale Trade

Participants vs New Jersey filers

In New Jersey, the average filing covers about 844 participants across 4,145 plans. Panasonic Pension Plan reports 209 participants - about 25% of that state average ($269M EOY assets).

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)

$1.5B$1.6B$1.7B$1.8B$1.9B$2B 202220232024 $1.6B $1.9B ▲ +18.7%
Total plan assets by year, all Panasonic Corporation of North America plans on file
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 J…, Total assets ($B): 21.174819996 · Participants: 37749Retirement Plan of J…JPMorgan Chase Retir…, Total assets ($B): 16.279006871 · Participants: 90644JPMorgan Chase Retir…Nokia Retirement Inc…, Total assets ($B): 13.864923 · Participants: 7492Nokia Retirement Inc…The Prudential Merge…, Total assets ($B): 12.225782081 · Participants: 16230The Prudential Merge…Verizon Pension Plan…, Total assets ($B): 10.930667796 · Participants: 23778Verizon Pension Plan…
Panasonic Pension Plan vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants
Compare Panasonic Pension Plan side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Panasonic Pension Plan by total assets, not by location.

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).

Next read for Panasonic Pension Plan

Filing takeaways

Ways to act on Panasonic Pension Plan's numbers.

  • By total assets, Panasonic 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 New Jersey. Compare plans
  • Panasonic Corporation of North America's sponsor-wide assets have grown 18.6% since 2022 across 3 plan years on file. More Wholesale Trade plans

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 362786846.

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.