Defined Benefit (Pension) · DOL Form 5500 · 2023
New York Life Insurance Company Pension Plan
Data updated 2026-08-11
- $3.2B
- Total assets
- 11,867
- Participants
- 100th
- Percentile by assets
- $269,878
- Avg per participant
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.
- 100th percentile by assets (of 127,072 plans)
- #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.
- $3.2B
- total plan assets (2023 EOY)
- 11,867
- covered participants
- 100th
- percentile by assets (of 127,072 plans)
- $269,878
- avg assets per participant
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.
Participants vs New York filers
In New York, the average filing covers about 798 participants across 9,061 plans. Nylic Retirement Plan reports 11,867 participants - 15x that state average ($3.2B EOY assets).
New York filing particulars
| Total Assets (Beginning of Year) | $3.1B |
|---|---|
| Net Assets (End of Year) | $3.2B |
| Net Income | $103M |
| Employer EIN | 135582869 |
| Plan Effective Date | 1982-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (New York Life Insurance Company)
| 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
- IBM Personal Pension Plan $25.0B · 14,881
- Consolidated Edison Retirement Plan $16.2B · 10,779
- 1199seiu Health Care Employees Pension Fund $16.2B · 107,582
- Pfizer Consolidated Pension Plan $11.0B · 9,616
- Pepsico Employees Retirement Plan I $7.6B · 12,289
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:
- New York Life Insurance Company Employee Progress Sharing Investment Plan (401(k), $5.0B, 12,949 participants)
- New York Life Insurance Company Pension Plan (Defined Benefit (Pension), $4.0B, 9,376 participants)
- Nylic Retirement Plan (Defined Benefit (Pension), $3.1B, 12,292 participants)
- New York Life Insurance Company Agents Progress- Sharing Investment Plan (401(k), $1.2B, 11,238 participants)
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Nylic Retirement Plan by total assets, not by location.
- Intermountain Healthcare Pension Plan (UT) $3.2B · 28,140
- Kpmg Pension Plan (NJ) $3.2B · 23,545
- Kraft Heinz Retirement Plan (PA) $3.2B · 4,105
- Consolidated Roche Retirement Plan (NJ) $3.2B · 2,130
Frequently Asked Questions
How did Nylic Retirement Plan assets move in 2023? ▼
How have New York Life Insurance Company plan assets changed over time? ▼
Where does Nylic Retirement Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Nylic Retirement Plan? ▼
Next read for Nylic Retirement Plan
Filing takeaways
Ways to act on Nylic Retirement Plan's numbers.
- By total assets, Nylic Retirement Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in New York. Compare plans
- New York Life Insurance Company's sponsor-wide assets have grown 63.2% since 2022 across 3 plan years on file. More Finance & Insurance plans