Defined Benefit (Pension) · DOL Form 5500 · 2023

Lincoln National Corporation Pension Plan

Data updated 2026-08-11

$795M
Total assets: 2,068
Participants: 98th
Percentile by assets: $384,622
Avg per participant

Official DOL plan name: Lincoln National Corporation Retirement Plan for Employees Hired Prior to January 1 2008 · Sponsored by Lincoln National Corporation · Pennsylvania · Management of Enterprises

$795M in assets, 2,068 participants

Lincoln National Corporation's Lincoln National Corporation Retirement Plan for Employees Hired Prior to January 1 2008 reported $795M in total assets and 2,068 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.

98th percentile by assets (of 127,072 plans)
#1,062 in Management of Enterprises (1,137 peers)

Coverage in Pennsylvania

Lincoln National Corporation Retirement Plan for Employees Hired Prior to January 1 2008 covers 2,068 participants in Pennsylvania, 2.5x the typical Pennsylvania plan (state average ~822 per filing). Assets: $795M.

$795M
total plan assets (2023 EOY): 2,068
covered participants: 98th
percentile by assets (of 127,072 plans): $384,622
avg assets per participant

The plan reported a net loss of $7M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Lincoln National Corporation Retirement Plan for Employees Hired Prior to January 1 2008 reported net income rose from -$326M in the plan year 2022 filing to -$7M in the plan year 2023 filing.
Lincoln National Corporation Retirement Plan for Employees Hired Prior to January 1 2008 reported participants fell from 2,287 in the plan year 2022 filing to 2,068 in the plan year 2023 filing.
Lincoln National Corporation Retirement Plan for Employees Hired Prior to January 1 2008 end-of-year assets fell from $802M in the plan year 2022 filing to $795M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Pennsylvania

Industry

Management of Enterprises

Participants vs Pennsylvania filers

In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. Lincoln National Corporation Retirement Plan for Employees Hired Prior to January 1 2008 reports 2,068 participants - 2.5x that state average ($795M EOY assets).

Pennsylvania filing particulars

Total Assets (Beginning of Year)	$802M
Net Assets (End of Year)	$795M
Net Income	-$7M
Employer EIN	351140070
Plan Effective Date	1938-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Lincoln National Corporation)

Total plan assets by year, all Lincoln National Corporation plans on file

Year	Plans	Participants	Total Assets
2022	3	13,224	$3.6B
2023	3	13,478	$4.0B
2024	3	12,985	$4.3B

Nearby Defined Benefit (Pension) Plans in Pennsylvania

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

Lincoln National Corporation Retirement Plan for Employees Hired Prior to January 1 2008 vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants

National Elevator Industry Pension Plan $11.2B · 27,434
Steelworkers Pension Trust $6.6B · 47,052
The PNC Financial Services Group, Inc. Pension Plan $5.6B · 63,680
Constellation Retirement Program $5.3B · 5,080
The Bank of New York Mellon Corporation Pension Plan $5.3B · 7,374

Compare Lincoln National Corporation Retirement … side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Lincoln National Corporation Retirement Plan for Employees Hired Prior to January 1 2008 by total assets, not by location.

One Gas, Inc. Retirement Plan (OK) $796M · 740
Fox Pension Plan (NY) $794M · 1,443
Barnabas Health Retirement Income Plan (NJ) $797M · 6,323
Baystate Health, Inc. Retirement Program (MA) $791M · 2,242

Frequently Asked Questions

How did Lincoln National Corporation Retirement Plan for Employees Hired Prior to January 1 2008 assets move in 2023? ▼

Lincoln National Corporation Retirement Plan for Employees Hired Prior to January 1 2008 held essentially flat - down 0.9% during 2023, from $802M to $795M. Reported net income was -$7M.

How have Lincoln National Corporation plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Lincoln National Corporation's sponsor-wide assets grew 18.7%, from $3.6B to $4.3B.

Where does Lincoln National Corporation Retirement Plan for Employees Hired Prior to January 1 2008 rank by assets among Form 5500 filers? ▼

Lincoln National Corporation Retirement Plan for Employees Hired Prior to January 1 2008 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 Lincoln National Corporation Retirement Plan for Employees Hired Prior to January 1 2008? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is One Gas, Inc. Retirement Plan in OK ($796M, 740 participants).

Next read for Lincoln National Corporation Retirement …

Filing takeaways

Ways to act on Lincoln National Corporation Retirement Plan for Employees Hired Prior to January 1 2008's numbers.

By total assets, Lincoln National Corporation Retirement Plan for Employees Hired Prior to January 1 2008 ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Pennsylvania. Compare plans
Lincoln National Corporation's sponsor-wide assets have grown 18.7% since 2022 across 3 plan years on file. More Management of Enterprises plans

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 351140070.