Defined Benefit (Pension) · DOL Form 5500 · 2023

Loews Corporation Pension Plan

Data updated 2026-08-25

$11M
Total assets Small plan by assets
630
Participants Below avg headcount
60th
Percentile by assets National rank
$16,763
Avg per participant Low balance/head
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Official DOL plan name: Loews Corporation Cash Balance Retirement Plan · Sponsored by Loews Corporation · New York · Management of Enterprises

$11M in assets, 630 participants

Loews Corporation's Loews Corporation Cash Balance Retirement Plan reported $11M in total assets and 630 participants in its 2023 DOL Form 5500 filing, ranking in the 60th 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.

  • #440 in Management of Enterprises (1,137 peers)

Management of Enterprises sector rank

Within Management of Enterprises, Loews Corporation Cash Balance Retirement Plan ranks #440 of 1,137 2023 filers by assets (3366% of the sector average)-$11M for 630 participants.

#440
in Management of Enterprises (1,137 peers)
-90.3%
assets change YoY

The plan reported a net loss of $102M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Loews Corporation Cash Balance Retirement Plan's mid-pack asset rank among Management of Enterprises and all filers

Loews Corporation Cash Balance Retirement Plan vs every filed plan by assets

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

$10,560,884 Top 40% higher than 60% 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

Loews Corporation Cash Balance Retirement Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Loews Corporation Cash Balance Retirement Plan sits mid-pack in the medium band (630 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Loews Corporation Cash Balance Retirement Plan reported net income fell from -$27M in the plan year 2022 filing to -$102M in the plan year 2023 filing.
  • Loews Corporation Cash Balance Retirement Plan end-of-year assets fell from $109M in the plan year 2022 filing to $11M in the plan year 2023 filing.
  • Loews Corporation Cash Balance Retirement Plan reported participants fell from 684 in the plan year 2022 filing to 630 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 132646102 · Loews Corporation PY 2023 · Defined Benefit (Pension)

Loews Corporation Cash Balance Retirement Plan · $11M · 630 · 60th

  • VS-ST $11M
  • BOY 630
  • SCH 60th
  • EBSA Defined Benefit (Pension)
  • PART near Shopmen's Local No. 499 Pension Plan
  • TYPE ind #440

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 Management of Enterprises retirement plans → · Plans in New York →

Loews Corporation Cash Balance Retirement Plan in the asset neighbourhood

Leybold USA Pension Plan$11MPeoples National Bank of Kewanee Pension PlanPeoples National Bank of Kew…$11MLoews Corporation Cash Balance Retirement PlanLoews Corporation Cash Balan…$11MShopmen's Local No. 499 Pension PlanShopmen's Local No. 499 Pens…$11MThe Frozen Defined Benefit PlanThe Frozen Defined Benefit P…$11M
End-of-year total assets ($M) among Loews Corporation Cash Balance Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Management of Enterprises filing particulars

Total Assets (Beginning of Year)$109M
Net Assets (End of Year)$7M
Net Income-$102M
Employer EIN132646102
Plan Effective Date1959-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Loews Corporation)

Sponsor-wide plan assets over time

All Loews Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$168M 24.993672751754588% vs 2022
2024 filing year
$100M$150M$200M$250M 202220232024 $224M $168M ▼ -25.0%
Year Plans Participants Total Assets
2022 2 825 $224M
2023 2 758 $156M
2024 1 122 $168M

Nearby Defined Benefit (Pension) Plans in New York

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

Loews Corporation Cash Balance Retirement Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -100102030 Total assets ($B) Participants Loews Corporation Cash Balance Retirement Plan, Total assets ($B): 0.010560884 · Participants: 630Loews Corporation Cash Balance Retirement PlanIBM Personal Pension Plan, Total assets ($B): 24.955758896 · Participants: 14881IBM Personal Pension PlanConsolidated Edison Retirement Plan, Total assets ($B): 16.184377155 · Participants: 10779Consolidated Edison Retirement Plan1199seiu Health Care Employees Pension Fund, Total assets ($B): 16.16620463 · Participants: 1075821199seiu Health Care Employees Pension FundPfizer Consolidated Pension Plan, Total assets ($B): 10.955262618 · Participants: 9616Pfizer Consolidated Pension PlanPepsico Employees Retirement Plan I, Total assets ($B): 7.599669 · Participants: 12289Pepsico Employees Retirement Plan I
Loews Corporation Cash Balance Retirement Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants
Compare Loews Corporation Cash Balance Retirement Plan side-by-side with 3 peers →

Loews Corporation Cash Balance Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New York, the nearest Defined Benefit (Pension) by assets is Shopmen's Local No. 499 Pension Plan in OH ($11M); by covered participants it is Sidley Austin LLP Cash Balance Retirement Plan for Partners in IL (630 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($11M here).

Similar participant headcount

Nearest other-state filings by covered participants (630 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 Loews Corporation Cash Balance Retirement Plan assets move in 2023? ▼
Loews Corporation Cash Balance Retirement Plan contracted severely - down 90.3% during 2023, from $109M to $11M. Reported net income was -$102M.
How have Loews Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Loews Corporation's sponsor-wide assets declined 25.0%, from $224M to $168M.
Which Defined Benefit (Pension) plans are similar in size to Loews Corporation Cash Balance Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Shopmen's Local No. 499 Pension Plan in OH ($11M, 125 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Loews Corporation Cash Balance Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Sidley Austin LLP Cash Balance Retirement Plan for Partners in IL (630 participants, $569M 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 132646102.

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.