Defined Benefit (Pension) · DOL Form 5500 · 2023

Citigroup Inc. Pension Plan

Data updated 2026-08-25

$10.6B
Total assets Mega-plan scale
17,283
Participants Very large workforce
100th
Percentile by assets National rank
$613,919
Avg per participant High balance/head
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Official DOL plan name: The Citigroup Pension Plan · Sponsored by Citigroup Inc. · Connecticut · Finance & Insurance

$10.6B in assets, 17,283 participants

Citigroup Inc.'s The Citigroup Pension Plan reported $10.6B in total assets and 17,283 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.

  • #8,856 in Finance & Insurance (8,869 peers)

Coverage in Connecticut

The Citigroup Pension Plan covers 17,283 participants in Connecticut, 24x the typical Connecticut plan (state average ~718 per filing). Assets: $10.6B.

#8,856
in Finance & Insurance (8,869 peers)
+1.0%
assets growth YoY
106×
vs typical plan assets (national mean)

The plan reported a net loss of $25M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

The Citigroup Pension Plan's outsized position by total assets

The Citigroup Pension Plan vs every filed plan by assets

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

$10,610,367,002 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

The Citigroup Pension 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. The Citigroup Pension Plan is a mega filing (17,283 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Citigroup Pension Plan reported net income rose from -$2.9B in the plan year 2022 filing to -$25M in the plan year 2023 filing.
  • The Citigroup Pension Plan reported participants fell from 18,484 in the plan year 2022 filing to 17,283 in the plan year 2023 filing.
  • The Citigroup Pension Plan end-of-year assets rose from $10.5B in the plan year 2022 filing to $10.6B in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 521568099 · Citigroup Inc. PY 2023 · Defined Benefit (Pension)

The Citigroup Pension Plan · $10.6B · 17,283 · 100th

  • RANK $10.6B
  • PHOTO 17,283
  • IND 100th
  • EOY Defined Benefit (Pension)
  • 5500 near Retirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc.
  • ASSETS ind #8856

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 Connecticut →

The Citigroup Pension Plan in the asset neighbourhood

Pfizer Consolidated Pension PlanPfizer Consolidated Pension …$11.0BVerizon Pension Plan for AssociatesVerizon Pension Plan for Ass…$10.9BRetirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc.Retirement Plan for Physicia…$10.8BThe Citigroup Pension Plan$10.6BConsolidated Cash Balance Program of Mass General Brigham and Member OrganizationsConsolidated Cash Balance Pr…$10.3B
End-of-year total assets ($B) among The Citigroup Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Connecticut filing particulars

Total Assets (Beginning of Year)$10.5B
Net Assets (End of Year)$10.3B
Net Income-$25M
Employer EIN521568099
Plan Effective Date1959-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Citigroup Inc.)

Sponsor-wide plan assets over time

All Citigroup Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$33.2B 18.945946702010495% vs 2022
2024 filing year
$26B$28B$30B$32B$34B 202220232024 $27.9B $33.2B ▲ +18.9%
Year Plans Participants Total Assets
2022 2 88,554 $27.9B
2023 2 95,148 $31.3B
2024 2 94,647 $33.2B

Nearby Defined Benefit (Pension) Plans in Connecticut

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

The Citigroup Pension Plan vs. nearby Defined Benefit (Pension) plans in Connecticut, assets vs. participants Scatter plot of 6 data points. 0500010000150002000025000 01020304050 Total assets ($B) Participants The Citigroup Pension Plan, Total assets ($B): 10.610367002 · Participants: 17283The Citigroup Pension PlanRtx Consolidated Pension Plan, Total assets ($B): 43.752088232 · Participants: 23823Rtx Consolidated Pension PlanEversource Pension Plan, Total assets ($B): 5.8761342 · Participants: 3717Eversource Pension PlanRetirement Plan for Employees of Aetna Inc., Total assets ($B): 5.40003759 · Participants: 10546Retirement Plan for Employees of Aetna Inc.The Hartford Retirement Plan for U.S. Employees, Total assets ($B): 3.580099386 · Participants: 7529The Hartford Retirement Plan for U.S. EmployeesFrontier Communications Pension Plan, Total assets ($B): 2.362977641 · Participants: 9659Frontier Communications Pension Plan
The Citigroup Pension Plan vs. nearby Defined Benefit (Pension) plans in Connecticut, assets vs. participants
Compare The Citigroup Pension Plan side-by-side with 3 peers →

Scale composition for The Citigroup Pension Plan

The Citigroup Pension Plan reports $10.6B in end-of-year assets across 17,283 participants (0.086% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.018% of 93,925,755 covered participants) - about $613,919 per participant (4.4x the national average assets-per-participant) . Net income for plan year 2023 was -$25M.

This plan identity (EIN 521568099, plan #020) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $10.5B to $10.0B (-4.8%) while covered participants moved from 18,484 to 15,906 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 18,484 $10.5B Open filing
2023 17,283 $10.6B This page
2024 · index core 15,906 $10.0B Open filing

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

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

Outside Connecticut, the nearest Defined Benefit (Pension) by assets is Retirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc. in CA ($10.8B); by covered participants it is Abbott Laboratories Annuity Retirement Plan in IL (17,382 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (17,283 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 The Citigroup Pension Plan assets move in 2023? ▼
The Citigroup Pension Plan edged up modestly - up 1.0% during 2023, from $10.5B to $10.6B. Reported net income was -$25M.
How have Citigroup Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Citigroup Inc.'s sponsor-wide assets grew 18.9%, from $27.9B to $33.2B.
Where does The Citigroup Pension Plan rank by assets among Form 5500 filers? ▼
The Citigroup Pension 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 The Citigroup Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Retirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc. in CA ($10.8B, 19,545 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to The Citigroup Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Abbott Laboratories Annuity Retirement Plan in IL (17,382 participants, $7.8B 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 521568099.

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.