Defined Benefit (Pension) · DOL Form 5500 · 2023

Nestle USA, Inc. Pension Plan

Data updated 2026-08-25

$567M
Total assets Above avg plan size
3,185
Participants Above avg headcount
98th
Percentile by assets National rank
$177,956
Avg per participant Above avg balance/head
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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.

  • #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.

#18,007
in Manufacturing (18,722 peers)
+115.4%
assets growth YoY
5.7×
vs typical plan assets (national mean)

Nestle Hourly Retirement Plan's outsized position by total assets

Nestle Hourly Retirement Plan vs every filed plan by assets

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

$566,791,135 Top 2% higher than 98% 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

Nestle Hourly Retirement 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. Nestle Hourly Retirement Plan lands in the large band (3,185 participants).

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.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 951572209 · Nestle USA, Inc. PY 2023 · Defined Benefit (Pension)

Nestle Hourly Retirement Plan · $567M · 3,185 · 98th

  • VS-ST $567M
  • VS-ST 3,185
  • VS-ST 98th
  • VS-ST Defined Benefit (Pension)
  • VS-ST near Smart Local 265 Pension Fund
  • VS-ST ind #18007

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 Ohio →

Nestle Hourly Retirement Plan in the asset neighbourhood

Riverside Health System Retirement Income PlanRiverside Health System Reti…$567MNestle Hourly Retirement Plan$567MSmart Local 265 Pension Fund$566MSt Louis Painters Pension PlanSt Louis Painters Pension Pl…$566MBlue Shield of California Employees Retirement PlanBlue Shield of California Em…$566M
End-of-year total assets ($M) among Nestle Hourly Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Ohio filing particulars

Total Assets (Beginning of Year)$263M
Net Assets (End of Year)$567M
Net Income$13M
Employer EIN951572209
Plan Effective Date1955-05-14
Filing StatusFILING RECEIVED

Sponsor Plan History (Nestle USA, Inc.)

Sponsor-wide plan assets over time

All Nestle USA, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$10.0B 14.814483852868346% vs 2022
2024 filing year
$8.5B$9B$9.5B$10B$10.5B 202220232024 $8.71B $10B ▲ +14.8%
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 Scatter plot of 6 data points. -50000500010000150002000025000 02468 Total assets ($B) Participants Nestle Hourly Retirement Plan, Total assets ($B): 0.566791135 · Participants: 3185Nestle Hourly Retirement PlanFirstenergy Corp. Master Pension Plan, Total assets ($B): 7.144086795 · Participants: 12304Firstenergy Corp. Master Pension PlanNationwide Retirement Plan, Total assets ($B): 5.281060445 · Participants: 22311Nationwide Retirement PlanAmerican Electric Power System Retirement Plan, Total assets ($B): 4.475896468 · Participants: 15595American Electric Power System Retirement PlanParker Defined Benefit Plan, Total assets ($B): 3.656915014 · Participants: 191Parker Defined Benefit PlanOhio Operating Engineers Pension Plan, Total assets ($B): 3.592540979 · Participants: 10029Ohio Operating Engineers Pension Plan
Nestle Hourly Retirement Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants
Compare Nestle Hourly Retirement Plan side-by-side with 3 peers →

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

Outside Ohio, the nearest Defined Benefit (Pension) by assets is Smart Local 265 Pension Fund in IL ($566M); by covered participants it is General Dynamics Retirement Plan (Government) in VA (3,183 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($567M here).

Similar participant headcount

Nearest other-state filings by covered participants (3,185 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 Nestle Hourly Retirement Plan assets move in 2023? ▼
Nestle Hourly Retirement Plan surged - up 115.4% during 2023, from $263M to $567M. Reported net income was $13M.
How have Nestle USA, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Nestle USA, Inc.'s sponsor-wide assets grew 14.8%, from $8.7B to $10.0B.
Where does Nestle Hourly Retirement Plan rank by assets among Form 5500 filers? ▼
Nestle Hourly Retirement Plan ranks in the 98th 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 Nestle Hourly Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Smart Local 265 Pension Fund in IL ($566M, 1,201 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Nestle Hourly Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is General Dynamics Retirement Plan (Government) in VA (3,183 participants, $3.1B 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 951572209.

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.