Defined Benefit (Pension) · DOL Form 5500 · 2023
Signify North America Corporation Pension Plan
Data updated 2026-08-11
- $362M
- Total assets
- 230
- Participants
- 97th
- Percentile by assets
- $1.6M
- Avg per participant
Official DOL plan name: Signify North America Corporation Pension Plan · Sponsored by Signify North America Corporation · New Jersey · Manufacturing
$362M in assets, 230 participants
Signify North America Corporation's Signify North America Corporation Pension Plan reported $362M in total assets and 230 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.
- 97th percentile by assets (of 127,072 plans)
- #17,723 in Manufacturing (18,722 peers)
Coverage in New Jersey
Signify North America Corporation Pension Plan covers 230 participants in New Jersey, about 27% of the average New Jersey filer (state average ~844 per filing). Assets: $362M.
- $362M
- total plan assets (2023 EOY)
- 230
- covered participants
- 97th
- percentile by assets (of 127,072 plans)
- $1.6M
- avg assets per participant
The plan reported a net loss of $18M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Signify North America Corporation Pension Plan reported net income rose from -$158M in the plan year 2022 filing to -$18M in the plan year 2023 filing.
- Signify North America Corporation Pension Plan reported participants fell from 266 in the plan year 2022 filing to 230 in the plan year 2023 filing.
- Signify North America Corporation Pension Plan end-of-year assets fell from $381M in the plan year 2022 filing to $362M in the plan year 2023 filing.
Participants vs New Jersey filers
In New Jersey, the average filing covers about 844 participants across 4,145 plans. Signify North America Corporation Pension Plan reports 230 participants - about 27% of that state average ($362M EOY assets).
New Jersey filing particulars
| Total Assets (Beginning of Year) | $381M |
|---|---|
| Net Assets (End of Year) | $361M |
| Net Income | -$18M |
| Employer EIN | 043391805 |
| Plan Effective Date | 2016-08-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Signify North America Corporation)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 3,122 | $1.2B |
| 2023 | 2 | 3,150 | $1.3B |
| 2024 | 2 | 2,929 | $1.0B |
Nearby Defined Benefit (Pension) Plans in New Jersey
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Signify North America Corporation Pension Plan vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants
- Retirement Plan of Johnson and Johnson $21.2B · 37,749
- JPMorgan Chase Retirement Plan $16.3B · 90,644
- Nokia Retirement Income Plan $13.9B · 7,492
- The Prudential Merged Retirement Plan $12.2B · 16,230
- Verizon Pension Plan for Associates $10.9B · 23,778
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Signify North America Corporation Pension Plan by total assets, not by location.
- The Budd Company Employee Pension Plan (OR) $363M · 10
- Hawaii Electricians Pension Plan (HI) $362M · 1,668
- General Dynamics Land Systems Pension Agreement (MI) $363M · 637
- The Hanover Insurance Group Cash Balance Pension Plan (MA) $363M · 677
Frequently Asked Questions
How did Signify North America Corporation Pension Plan assets move in 2023? ▼
How have Signify North America Corporation plan assets changed over time? ▼
Where does Signify North America Corporation Pension Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Signify North America Corporation Pension Plan? ▼
Next read for Signify North America Corporation Pensio…
Filing takeaways
Ways to act on Signify North America Corporation Pension Plan's numbers.
- By total assets, Signify North America Corporation Pension Plan 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 New Jersey. Compare plans
- Signify North America Corporation's sponsor-wide assets have declined 15.7% since 2022 across 3 plan years on file. More Manufacturing plans