Defined Benefit (Pension) · DOL Form 5500 · 2023

Avaya Inc. Pension Plan

Data updated 2026-08-11

$678M
Total assets
278
Participants
98th
Percentile by assets
$2.4M
Avg per participant
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Official DOL plan name: Avaya Inc. Pension Plan · Sponsored by Avaya Inc. · New Jersey · Information & Media

$678M in assets, 278 participants

Avaya Inc.'s Avaya Inc. Pension Plan reported $678M in total assets and 278 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)
  • #2,723 in Information & Media (2,818 peers)

Coverage in New Jersey

Avaya Inc. Pension Plan covers 278 participants in New Jersey, about 33% of the average New Jersey filer (state average ~844 per filing). Assets: $678M.

$678M
total plan assets (2023 EOY)
278
covered participants
98th
percentile by assets (of 127,072 plans)
$2.4M
avg assets per participant

The plan reported a net loss of $12M 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

  • Avaya Inc. Pension Plan reported net income rose from -$248M in the plan year 2022 filing to -$12M in the plan year 2023 filing.
  • Avaya Inc. Pension Plan reported participants fell from 312 in the plan year 2022 filing to 278 in the plan year 2023 filing.
  • Avaya Inc. Pension Plan end-of-year assets fell from $690M in the plan year 2022 filing to $678M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs New Jersey filers

In New Jersey, the average filing covers about 844 participants across 4,145 plans. Avaya Inc. Pension Plan reports 278 participants - about 33% of that state average ($678M EOY assets).

New Jersey filing particulars

Total Assets (Beginning of Year)$690M
Net Assets (End of Year)$677M
Net Income-$12M
Employer EIN223713430
Plan Effective Date2000-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Avaya Inc.)

$2.18B$2.2B$2.22B$2.24B$2.26B 202220232024 $2.2B $2.2B ▲ +0.0%
Total plan assets by year, all Avaya Inc. plans on file
Year Plans Participants Total Assets
2022 3 3,015 $2.2B
2023 3 2,285 $2.2B
2024 3 1,923 $2.2B

Nearby Defined Benefit (Pension) Plans in New Jersey

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

Avaya Inc. Pension Plan vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants

Avaya Inc. Pension Plan vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -50510152025 Total assets ($B) Participants Avaya Inc. Pension P…Retirement Plan of J…JPMorgan Chase Retir…Nokia Retirement Inc…The Prudential Merge…Verizon Pension Plan…
Avaya Inc. Pension Plan vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Avaya Inc. Pension Plan by total assets, not by location.

Frequently Asked Questions

How did Avaya Inc. Pension Plan assets move in 2023?
Avaya Inc. Pension Plan edged down modestly - down 1.8% during 2023, from $690M to $678M. Reported net income was -$12M.
How have Avaya Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Avaya Inc.'s sponsor-wide assets grew 0.2%, from $2.2B to $2.2B.
Where does Avaya Inc. Pension Plan rank by assets among Form 5500 filers?
Avaya Inc. Pension Plan 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 Avaya Inc. Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Ti Employees Pension Plan in TX ($678M, 1,685 participants).

Filing takeaways

Ways to act on Avaya Inc. Pension Plan's numbers.