Defined Benefit (Pension) · DOL Form 5500 · 2023

Pinnacle West Capital Corporation Pension Plan

Data updated 2026-08-25

$3.3B
Total assets Very large vs avg
5,824
Participants Above avg headcount
100th
Percentile by assets National rank
$561,778
Avg per participant High balance/head
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Official DOL plan name: Pinnacle West Capital Corporation Retirement Plan · Sponsored by Pinnacle West Capital Corporation · Arizona · Management of Enterprises

$3.3B in assets, 5,824 participants

Pinnacle West Capital Corporation's Pinnacle West Capital Corporation Retirement Plan reported $3.3B in total assets and 5,824 participants in its 2023 DOL Form 5500 filing, ranking in the 100th 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.

  • #1,119 in Management of Enterprises (1,137 peers)

Coverage in Arizona

Pinnacle West Capital Corporation Retirement Plan covers 5,824 participants in Arizona, 10x the typical Arizona plan (state average ~564 per filing). Assets: $3.3B.

#1,119
in Management of Enterprises (1,137 peers)
+1.7%
assets growth YoY
33×
vs typical plan assets (national mean)

Pinnacle West Capital Corporation Retirement Plan's outsized position by total assets

Pinnacle West Capital Corporation Retirement Plan vs every filed plan by assets

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

$3,271,793,253 Highest reported value at or above every one 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

Pinnacle West Capital Corporation 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. Pinnacle West Capital Corporation Retirement Plan lands in the large band (5,824 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Pinnacle West Capital Corporation Retirement Plan reported net income rose from -$1.1B in the plan year 2022 filing to $43M in the plan year 2023 filing.
  • Pinnacle West Capital Corporation Retirement Plan end-of-year assets rose from $3.2B in the plan year 2022 filing to $3.3B in the plan year 2023 filing.
  • Pinnacle West Capital Corporation Retirement Plan reported participants fell from 5,840 in the plan year 2022 filing to 5,824 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 860512431 · Pinnacle West Capital Corporation PY 2023 · Defined Benefit (Pension)

Pinnacle West Capital Corporation Retirement Plan · $3.3B · 5,824 · 100th

  • EOY $3.3B
  • 5500 5,824
  • ASSETS 100th
  • PCT Defined Benefit (Pension)
  • EIN near Highmark Retirement Plan
  • RANK ind #1119

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 Management of Enterprises retirement plans → · Plans in Arizona →

Pinnacle West Capital Corporation Retirement Plan in the asset neighbourhood

Northwest Carpenters Retirement PlanNorthwest Carpenters Retirem…$3.3BPinnacle West Capital Corporation Retirement PlanPinnacle West Capital Corpor…$3.3BHighmark Retirement Plan$3.3BBuilding Trades United Pension Trust Fund Milwaukee and VicinityBuilding Trades United Pensi…$3.3BCarpenters Pension Trust Fund of St. LouisCarpenters Pension Trust Fun…$3.3B
End-of-year total assets ($B) among Pinnacle West Capital Corporation Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Arizona filing particulars

Total Assets (Beginning of Year)$3.2B
Net Assets (End of Year)$3.2B
Net Income$43M
Employer EIN860512431
Plan Effective Date1987-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Pinnacle West Capital Corporation)

Sponsor-wide plan assets over time

All Pinnacle West Capital Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$4.7B 4.557298513921737% vs 2022
2024 filing year
$4.4B$4.5B$4.6B$4.7B$4.8B 202220232024 $4.51B $4.72B ▲ +4.7%
Year Plans Participants Total Assets
2022 2 11,684 $4.5B
2023 2 11,644 $4.7B
2024 2 12,129 $4.7B

Nearby Defined Benefit (Pension) Plans in Arizona

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

Pinnacle West Capital Corporation Retirement Plan vs. nearby Defined Benefit (Pension) plans in Arizona, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 01234 Total assets ($B) Participants Pinnacle West Capital Corporation Retirement Plan, Total assets ($B): 3.271793253 · Participants: 5824Pinnacle West Capital Corporation Retirement PlanSalt River Project Employees' Retirement Plan, Total assets ($B): 2.784269809 · Participants: 4790Salt River Project Employees' Retirement PlanFreeport Minerals Corporation Retirement Plan, Total assets ($B): 1.443465749 · Participants: 2597Freeport Minerals Corporation Retirement PlanDesert States Employers & Ufcw Unions Pension Plan, Total assets ($B): 1.005171309 · Participants: 19139Desert States Employers & Ufcw Unions Pension PlanAvnet Pension Plan, Total assets ($B): 0.50129138 · Participants: 2483Avnet Pension PlanLiberty Utilities Defined Benefit Pension Plan, Total assets ($B): 0.392875125 · Participants: 618Liberty Utilities Defined Benefit Pension Plan
Pinnacle West Capital Corporation Retirement Plan vs. nearby Defined Benefit (Pension) plans in Arizona, assets vs. participants
Compare Pinnacle West Capital Corporation Retirement Plan side-by-side with 3 peers →

Scale composition for Pinnacle West Capital Corporation Retirement Plan

Pinnacle West Capital Corporation Retirement Plan reports $3.3B in end-of-year assets across 5,824 participants (0.027% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $561,778 per participant (4.1x the national average assets-per-participant) . Net income for plan year 2023 was $43M.

This plan identity (EIN 860512431, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $3.2B to $3.1B (-3.7%) while covered participants moved from 5,840 to 6,044 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 5,840 $3.2B Open filing
2023 5,824 $3.3B This page
2024 · index core 6,044 $3.1B Open filing

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

Pinnacle West Capital Corporation Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Arizona, the nearest Defined Benefit (Pension) by assets is Highmark Retirement Plan in PA ($3.3B); by covered participants it is Hotel Industry-Ilwu Pension Plan in HI (5,828 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($3.3B here).

Similar participant headcount

Nearest other-state filings by covered participants (5,824 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 Pinnacle West Capital Corporation Retirement Plan assets move in 2023? ▼
Pinnacle West Capital Corporation Retirement Plan edged up modestly - up 1.7% during 2023, from $3.2B to $3.3B. Reported net income was $43M.
How have Pinnacle West Capital Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Pinnacle West Capital Corporation's sponsor-wide assets grew 4.6%, from $4.5B to $4.7B.
Where does Pinnacle West Capital Corporation Retirement Plan rank by assets among Form 5500 filers? ▼
Pinnacle West Capital Corporation Retirement Plan ranks in the 100th 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 Defined Benefit (Pension) plans are similar in size to Pinnacle West Capital Corporation Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Highmark Retirement Plan in PA ($3.3B, 14,778 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Pinnacle West Capital Corporation Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Hotel Industry-Ilwu Pension Plan in HI (5,828 participants, $310M 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 860512431.

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.