Defined Benefit (Pension) · DOL Form 5500 · 2023
New York Life Insurance Company Pension Plan
Data updated 2026-08-06
- $4.1B
- Total assets
- 9,463
- Participants
- 100th
- Percentile by assets
- $432,756
- Avg per participant
Official DOL plan name: New York Life Insurance Company Pension Plan · Sponsored by New York Life Insurance Company · New York · Finance & Insurance
$4.1B in assets, 9,463 participants
New York Life Insurance Company's New York Life Insurance Company Pension Plan reported $4.1B in total assets and 9,463 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 126,618 plans)
- #8,788 in Finance & Insurance (8,852 peers)
Coverage in New York
New York Life Insurance Company Pension Plan covers 9,463 participants in New York, 12x the typical New York plan (state average ~795 per filing). Assets: $4.1B.
- $4.1B
- total plan assets (2023 EOY)
- 9,463
- covered participants
- 100th
- percentile by assets (of 126,618 plans)
- $432,756
- avg assets per participant
Participants vs New York filers
In New York, the average filing covers about 795 participants across 8,491 plans. New York Life Insurance Company Pension Plan reports 9,463 participants - 12x that state average ($4.1B EOY assets).
New York filing particulars
| Total Assets (Beginning of Year) | $3.9B |
|---|---|
| Net Assets (End of Year) | $4.1B |
| Net Income | $187M |
| Employer EIN | 135582869 |
| Plan Effective Date | 1959-01-01 |
| 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.
New York Life Insurance Company Pension 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 New York Life Insurance Company Pension Plan
New York Life Insurance Company Pension Plan reports $4.1B in end-of-year assets across 9,463 participants (0.035% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.011% of 89,805,449 covered participants) - about $432,756 per participant (3.2x the national average assets-per-participant) . Net income for plan year 2023 was $187M.
This plan identity (EIN 135582869, plan #001) has 2 Form 5500 filings on file from 2023 to 2024 , with end-of-year assets moving from $4.1B to $4.0B (-3.5%) while covered participants moved from 9,463 to 9,376 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2023 | 9,463 | $4.1B | This page |
| 2024 · index core | 9,376 | $4.0B | 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 New York Life Insurance Company Pension Plan by total assets, not by location.
- Disney Salaried Pension Plan a (CA) $4.1B · 4,631
- Fca US LLC Pension Plan (MI) $4.1B · 2,903
- Cigna Pension Plan (PA) $4.1B · 9,040
- The Coca-Cola Company Pension Plan (GA) $4.1B · 7,024
Frequently Asked Questions
How did New York Life Insurance Company Pension Plan assets move in 2023? ▼
How have New York Life Insurance Company plan assets changed over time? ▼
Where does New York Life Insurance Company Pension Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to New York Life Insurance Company Pension Plan? ▼
Next read for New York Life Insurance Company Pension …
Filing takeaways
Ways to act on New York Life Insurance Company Pension Plan's numbers.
- By total assets, New York Life Insurance Company Pension 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