Defined Benefit (Pension) · DOL Form 5500 · 2023
Nestle USA, Inc. Pension Plan
Data updated 2026-08-11
- $567M
- Total assets
- 3,185
- Participants
- 98th
- Percentile by assets
- $177,956
- Avg per participant
Official DOL plan name: Nestle Hourly Retirement Plan · Sponsored by Nestle USA, Inc. · Ohio · Manufacturing
$567M in assets, 3,185 participants
Nestle USA, Inc.'s Nestle Hourly Retirement Plan reported $567M in total assets and 3,185 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.
- 98th percentile by assets (of 127,072 plans)
- #18,007 in Manufacturing (18,722 peers)
Coverage in Ohio
Nestle Hourly Retirement Plan covers 3,185 participants in Ohio, 4.2x the typical Ohio plan (state average ~765 per filing). Assets: $567M.
- $567M
- total plan assets (2023 EOY)
- 3,185
- covered participants
- 98th
- percentile by assets (of 127,072 plans)
- $177,956
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Nestle Hourly Retirement Plan end-of-year assets rose from $263M in the plan year 2022 filing to $567M in the plan year 2023 filing.
- Nestle Hourly Retirement Plan reported net income rose from -$320M in the plan year 2022 filing to $13M in the plan year 2023 filing.
- Nestle Hourly Retirement Plan reported participants fell from 3,348 in the plan year 2022 filing to 3,185 in the plan year 2023 filing.
Participants vs Ohio filers
In Ohio, the average filing covers about 765 participants across 5,089 plans. Nestle Hourly Retirement Plan reports 3,185 participants - 4.2x that state average ($567M EOY assets).
Ohio filing particulars
| Total Assets (Beginning of Year) | $263M |
|---|---|
| Net Assets (End of Year) | $567M |
| Net Income | $13M |
| Employer EIN | 951572209 |
| Plan Effective Date | 1955-05-14 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Nestle USA, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 4 | 44,380 | $8.7B |
| 2023 | 4 | 50,700 | $9.9B |
| 2024 | 4 | 49,030 | $10.0B |
Nearby Defined Benefit (Pension) Plans in Ohio
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Nestle Hourly Retirement Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants
- Firstenergy Corp. Master Pension Plan $7.1B · 12,304
- Nationwide Retirement Plan $5.3B · 22,311
- American Electric Power System Retirement Plan $4.5B · 15,595
- Parker Defined Benefit Plan $3.7B · 191
- Ohio Operating Engineers Pension Plan $3.6B · 10,029
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Nestle Hourly Retirement Plan by total assets, not by location.
- Smart Local 265 Pension Fund (IL) $566M · 1,201
- Riverside Health System Retirement Income Plan (VA) $567M · 1,839
- St Louis Painters Pension Plan (MO) $566M · 1,345
- Blue Shield of California Employees Retirement Plan (CA) $566M · 2,766
Frequently Asked Questions
How did Nestle Hourly Retirement Plan assets move in 2023? ▼
How have Nestle USA, Inc. plan assets changed over time? ▼
Where does Nestle Hourly Retirement Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Nestle Hourly Retirement Plan? ▼
Next read for Nestle Hourly Retirement Plan
Filing takeaways
Ways to act on Nestle Hourly Retirement Plan's numbers.
- By total assets, Nestle Hourly Retirement 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 Ohio. Compare plans
- Nestle USA, Inc.'s sponsor-wide assets have grown 14.8% since 2022 across 3 plan years on file. More Manufacturing plans