401(k) · DOL Form 5500 · 2023

Panasonic Corporation of North America 401(k) Plan

Data updated 2026-08-11

$1.6B
Total assets
9,305
Participants
99th
Percentile by assets
$172,086
Avg per participant
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Official DOL plan name: Panasonic Retirement Savings and Investment Plan · Sponsored by Panasonic Corporation of North America · New Jersey · Wholesale Trade

$1.6B in assets, 9,305 participants

Panasonic Corporation of North America's Panasonic Retirement Savings and Investment Plan reported $1.6B in total assets and 9,305 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.

  • 99th percentile by assets (of 127,072 plans)
  • #6,279 in Wholesale Trade (6,309 peers)

Coverage in New Jersey

Panasonic Retirement Savings and Investment Plan covers 9,305 participants in New Jersey, 11x the typical New Jersey plan (state average ~844 per filing). Assets: $1.6B.

$1.6B
total plan assets (2023 EOY)
9,305
covered participants
99th
percentile by assets (of 127,072 plans)
$172,086
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Panasonic Retirement Savings and Investment Plan reported net income rose from -$358M in the plan year 2022 filing to $272M in the plan year 2023 filing.
  • Panasonic Retirement Savings and Investment Plan end-of-year assets rose from $1.3B in the plan year 2022 filing to $1.6B in the plan year 2023 filing.
  • Panasonic Retirement Savings and Investment Plan reported participants fell from 9,468 in the plan year 2022 filing to 9,305 in the plan year 2023 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs New Jersey filers

In New Jersey, the average filing covers about 844 participants across 4,145 plans. Panasonic Retirement Savings and Investment Plan reports 9,305 participants - 11x that state average ($1.6B EOY assets).

New Jersey filing particulars

Total Assets (Beginning of Year)$1.3B
Net Assets (End of Year)$1.6B
Net Income$272M
Employer EIN362786846
Plan Effective Date1984-01-01
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 401(k) Plans in New Jersey

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Panasonic Retirement Savings and Investment Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants

Panasonic Retirement Savings and Investment Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. 050000100000150000200000 -1001020304050 Total assets ($B) Participants Panasonic Retirement…JPMorgan Chase 401(k…Verizon Savings Plan…Johnson and Johnson …Ernst & Young Retire…Merck US Savings Plan
Panasonic Retirement Savings and Investment Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants

Scale composition for Panasonic Retirement Savings and Investment Plan

Panasonic Retirement Savings and Investment Plan reports $1.6B in end-of-year assets across 9,305 participants (0.013% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.010% of 93,925,755 covered participants) - about $172,086 per participant (1.2x the national average assets-per-participant) . Net income for plan year 2023 was $272M.

This plan identity (EIN 362786846, plan #003) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.3B to $1.7B (+24.2%) while covered participants moved from 9,468 to 9,662 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 9,468 $1.3B Open filing
2023 9,305 $1.6B This page
2024 · index core 9,662 $1.7B Open filing

The same sponsor also keeps 2 other index-core plans on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Panasonic Retirement Savings and Investment Plan by total assets, not by location.

Frequently Asked Questions

How did Panasonic Retirement Savings and Investment Plan assets move in 2023?
Panasonic Retirement Savings and Investment Plan grew sharply - up 20.5% during 2023, from $1.3B to $1.6B. Reported net income was $272M.
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 Retirement Savings and Investment Plan rank by assets among Form 5500 filers?
Panasonic Retirement Savings and Investment 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 401(k) plans are similar in size to Panasonic Retirement Savings and Investment Plan?
Among 401(k) plans in other states, the closest by assets is Kellanova Savings and Investment Plan in IL ($1.6B, 7,891 participants).

Next read for Panasonic Retirement Savings and Investm…

Filing takeaways

Ways to act on Panasonic Retirement Savings and Investment Plan's numbers.

  • By total assets, Panasonic Retirement Savings and Investment Plan ranks among the largest 1% of all filed plans. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) 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