Defined Benefit (Pension) · DOL Form 5500 · 2023

Cigna Holding Company Pension Plan

Data updated 2026-08-25

$4.1B
Total assets Very large vs avg
9,040
Participants Very large workforce
100th
Percentile by assets National rank
$454,291
Avg per participant High balance/head
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Official DOL plan name: Cigna Pension Plan · Sponsored by Cigna Holding Company · Pennsylvania · Finance & Insurance

$4.1B in assets, 9,040 participants

Cigna Holding Company's Cigna Pension Plan reported $4.1B in total assets and 9,040 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.

  • #8,807 in Finance & Insurance (8,869 peers)

Coverage in Pennsylvania

Cigna Pension Plan covers 9,040 participants in Pennsylvania, 11x the typical Pennsylvania plan (state average ~822 per filing). Assets: $4.1B.

#8,807
in Finance & Insurance (8,869 peers)
+40.8%
assets growth YoY
41×
vs typical plan assets (national mean)

The plan reported a net loss of $84M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Cigna Pension Plan's outsized position by total assets

Cigna Pension Plan vs every filed plan by assets

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

$4,106,790,413 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

Cigna Pension Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Cigna Pension Plan lands in the large band (9,040 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Cigna Pension Plan reported net income rose from -$400M in the plan year 2022 filing to -$84M in the plan year 2023 filing.
  • Cigna Pension Plan end-of-year assets rose from $2.9B in the plan year 2022 filing to $4.1B in the plan year 2023 filing.
  • Cigna Pension Plan reported participants fell from 9,677 in the plan year 2022 filing to 9,040 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 061059331 · Cigna Holding Company PY 2023 · Defined Benefit (Pension)

Cigna Pension Plan · $4.1B · 9,040 · 100th

  • EOY $4.1B
  • 5500 9,040
  • ASSETS 100th
  • PCT Defined Benefit (Pension)
  • EIN near Building Service 32bj Pension Fund
  • RANK ind #8807

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 Pennsylvania →

Cigna Pension Plan in the asset neighbourhood

The Coca-Cola Company Pension PlanThe Coca-Cola Company Pensio…$4.1BCigna Pension Plan$4.1BBuilding Service 32bj Pension FundBuilding Service 32bj Pensio…$4.1BNew York Life Insurance Company Pension PlanNew York Life Insurance Comp…$4.1BDisney Salaried Pension Plan aDisney Salaried Pension Plan…$4.1B
End-of-year total assets ($B) among Cigna Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$2.9B
Net Assets (End of Year)$4.1B
Net Income-$84M
Employer EIN061059331
Plan Effective Date1983-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Cigna Holding Company)

Sponsor-wide plan assets over time

All Cigna Holding Company plans reported in each filing year

Latest sponsor-wide plan assets
$3.8B 5.683276527654449% vs 2022
2024 filing year
$3.8B$3.9B$4B$4.1B$4.2B 202220232024 $4.07B $3.84B ▼ -5.7%
Year Plans Participants Total Assets
2022 2 9,714 $4.1B
2023 2 9,073 $4.1B
2024 1 12,279 $3.8B

Nearby Defined Benefit (Pension) Plans in Pennsylvania

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

Cigna Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. 020000400006000080000 24681012 Total assets ($B) Participants Cigna Pension Plan, Total assets ($B): 4.106790413 · Participants: 9040Cigna Pension PlanNational Elevator Industry Pension Plan, Total assets ($B): 11.224377797 · Participants: 27434National Elevator Industry Pension PlanSteelworkers Pension Trust, Total assets ($B): 6.602912146 · Participants: 47052Steelworkers Pension TrustThe PNC Financial Services Group, Inc. Pension Plan, Total assets ($B): 5.63715 · Participants: 63680The PNC Financial Services Group, Inc. Pension PlanConstellation Retirement Program, Total assets ($B): 5.323012123 · Participants: 5080Constellation Retirement ProgramThe Bank of New York Mellon Corporation Pension Plan, Total assets ($B): 5.257223708 · Participants: 7374The Bank of New York Mellon Corporation Pension Plan
Cigna Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants

Scale composition for Cigna Pension Plan

Cigna Pension Plan reports $4.1B in end-of-year assets across 9,040 participants (0.033% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.010% of 93,925,755 covered participants) - about $454,291 per participant (3.3x the national average assets-per-participant) . Net income for plan year 2023 was -$84M.

This plan identity (EIN 061059331, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $2.9B to $3.8B (+31.7%) while covered participants moved from 9,677 to 12,279 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 9,677 $2.9B Open filing
2023 9,040 $4.1B This page
2024 · index core 12,279 $3.8B Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

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

Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is Building Service 32bj Pension Fund in NY ($4.1B); by covered participants it is Wellstar Health System, Inc. Active Employees Retirement Plan B in GA (9,037 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($4.1B here).

Similar participant headcount

Nearest other-state filings by covered participants (9,040 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 Cigna Pension Plan assets move in 2023?
Cigna Pension Plan surged - up 40.8% during 2023, from $2.9B to $4.1B. Reported net income was -$84M.
How have Cigna Holding Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Cigna Holding Company's sponsor-wide assets declined 5.7%, from $4.1B to $3.8B.
Where does Cigna Pension Plan rank by assets among Form 5500 filers?
Cigna 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 Cigna Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Building Service 32bj Pension Fund in NY ($4.1B, 55,540 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Cigna Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Wellstar Health System, Inc. Active Employees Retirement Plan B in GA (9,037 participants, N/A in assets).