Defined Benefit (Pension) · DOL Form 5500 · 2023

New York Life Insurance Company Pension Plan

Data updated 2026-08-25

$3.2B
Total assets Very large vs avg
11,867
Participants Very large workforce
100th
Percentile by assets National rank
$269,878
Avg per participant High balance/head
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Official DOL plan name: Nylic Retirement Plan · Sponsored by New York Life Insurance Company · New York · Finance & Insurance

$3.2B in assets, 11,867 participants

New York Life Insurance Company's Nylic Retirement Plan reported $3.2B in total assets and 11,867 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.

  • #8,786 in Finance & Insurance (8,869 peers)

Coverage in New York

Nylic Retirement Plan covers 11,867 participants in New York, 15x the typical New York plan (state average ~798 per filing). Assets: $3.2B.

#8,786
in Finance & Insurance (8,869 peers)
+3.3%
assets growth YoY
32×
vs typical plan assets (national mean)

Nylic Retirement Plan's outsized position by total assets

Nylic Retirement Plan vs every filed plan by assets

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

$3,202,647,337 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

Nylic Retirement Plan's mega-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Nylic Retirement Plan is a mega filing (11,867 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Nylic Retirement Plan reported net income rose from -$643M in the plan year 2022 filing to $103M in the plan year 2023 filing.
  • Nylic Retirement Plan reported participants fell from 12,315 in the plan year 2022 filing to 11,867 in the plan year 2023 filing.
  • Nylic Retirement Plan end-of-year assets rose from $3.1B in the plan year 2022 filing to $3.2B in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 135582869 · New York Life Insurance Company PY 2023 · Defined Benefit (Pension)

Nylic Retirement Plan · $3.2B · 11,867 · 100th

  • EBSA $3.2B
  • PART 11,867
  • TYPE 100th
  • NET Defined Benefit (Pension)
  • BOOK near Intermountain Healthcare Pension Plan
  • VS-ST ind #8786

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 Finance & Insurance retirement plans → · Plans in New York →

Nylic Retirement Plan in the asset neighbourhood

Kpmg Pension Plan$3.2BIntermountain Healthcare Pension PlanIntermountain Healthcare Pen…$3.2BNylic Retirement Plan$3.2BKraft Heinz Retirement Plan$3.2BConsolidated Roche Retirement PlanConsolidated Roche Retiremen…$3.2B
End-of-year total assets ($B) among Nylic Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

New York filing particulars

Total Assets (Beginning of Year)$3.1B
Net Assets (End of Year)$3.2B
Net Income$103M
Employer EIN135582869
Plan Effective Date1982-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (New York Life Insurance Company)

Sponsor-wide plan assets over time

All New York Life Insurance Company plans reported in each filing year

Latest sponsor-wide plan assets
$13.3B 63.179526029500806% vs 2022
2024 filing year
$6B$8B$10B$12B$14B 202220232024 $8.12B $13.3B ▲ +63.2%
Year Plans Participants Total Assets
2022 3 36,622 $8.1B
2023 4 44,938 $12.9B
2024 4 45,855 $13.3B

Nearby Defined Benefit (Pension) Plans in New York

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

Nylic Retirement Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. 050000100000150000 051015202530 Total assets ($B) Participants Nylic Retirement Plan, Total assets ($B): 3.202647337 · Participants: 11867Nylic Retirement PlanIBM Personal Pension Plan, Total assets ($B): 24.955758896 · Participants: 14881IBM Personal Pension PlanConsolidated Edison Retirement Plan, Total assets ($B): 16.184377155 · Participants: 10779Consolidated Edison Retirement Plan1199seiu Health Care Employees Pension Fund, Total assets ($B): 16.16620463 · Participants: 1075821199seiu Health Care Employees Pension FundPfizer Consolidated Pension Plan, Total assets ($B): 10.955262618 · Participants: 9616Pfizer Consolidated Pension PlanPepsico Employees Retirement Plan I, Total assets ($B): 7.599669 · Participants: 12289Pepsico Employees Retirement Plan I
Nylic Retirement Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants
Compare Nylic Retirement Plan side-by-side with 3 peers →

Scale composition for Nylic Retirement Plan

Nylic Retirement Plan reports $3.2B in end-of-year assets across 11,867 participants (0.026% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.013% of 93,925,755 covered participants) - about $269,878 per participant (2.0x the national average assets-per-participant) . Net income for plan year 2023 was $103M.

This plan identity (EIN 135582869, plan #005) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $3.1B to $3.1B (+1.4%) while covered participants moved from 12,315 to 12,292 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 12,315 $3.1B Open filing
2023 11,867 $3.2B This page
2024 · index core 12,292 $3.1B Open filing

The same sponsor also keeps 4 other index-core plans on PlainRetire:

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

Outside New York, the nearest Defined Benefit (Pension) by assets is Intermountain Healthcare Pension Plan in UT ($3.2B); by covered participants it is Massachusetts Institute of Technology Basic Retirement Plan in MA (11,888 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($3.2B here).

Similar participant headcount

Nearest other-state filings by covered participants (11,867 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 Nylic Retirement Plan assets move in 2023? ▼
Nylic Retirement Plan edged up modestly - up 3.3% during 2023, from $3.1B to $3.2B. Reported net income was $103M.
How have New York Life Insurance Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), New York Life Insurance Company's sponsor-wide assets grew 63.2%, from $8.1B to $13.3B.
Where does Nylic Retirement Plan rank by assets among Form 5500 filers? ▼
Nylic 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 Nylic Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Intermountain Healthcare Pension Plan in UT ($3.2B, 28,140 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Nylic Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Massachusetts Institute of Technology Basic Retirement Plan in MA (11,888 participants, $5.4B 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 135582869.

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.