Defined Benefit (Pension) · DOL Form 5500 · 2023
Voya Services Company Pension Plan
Data updated 2026-08-11
- $1.9B
- Total assets
- 6,185
- Participants
- 99th
- Percentile by assets
- $299,254
- Avg per participant
Official DOL plan name: Voya Retirement Plan · Sponsored by Voya Services Company · Georgia · Finance & Insurance
$1.9B in assets, 6,185 participants
Voya Services Company's Voya Retirement Plan reported $1.9B in total assets and 6,185 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.
- 99th percentile by assets (of 127,072 plans)
- #8,734 in Finance & Insurance (8,869 peers)
Coverage in Georgia
Voya Retirement Plan covers 6,185 participants in Georgia, 5.6x the typical Georgia plan (state average ~1,096 per filing). Assets: $1.9B.
- $1.9B
- total plan assets (2023 EOY)
- 6,185
- covered participants
- 99th
- percentile by assets (of 127,072 plans)
- $299,254
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Voya Retirement Plan reported net income rose from -$526M in the plan year 2022 filing to $62M in the plan year 2023 filing.
- Voya Retirement Plan reported participants rose from 5,802 in the plan year 2022 filing to 6,185 in the plan year 2023 filing.
- Voya Retirement Plan end-of-year assets fell from $1.9B in the plan year 2022 filing to $1.9B in the plan year 2023 filing.
Participants vs Georgia filers
In Georgia, the average filing covers about 1,096 participants across 3,635 plans. Voya Retirement Plan reports 6,185 participants - 5.6x that state average ($1.9B EOY assets).
Georgia filing particulars
| Total Assets (Beginning of Year) | $1.9B |
|---|---|
| Net Assets (End of Year) | $1.8B |
| Net Income | $62M |
| Employer EIN | 521317217 |
| Plan Effective Date | 1937-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Voya Services Company)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 11,537 | $3.9B |
| 2023 | 2 | 12,260 | $4.2B |
| 2024 | 2 | 14,045 | $4.6B |
Nearby Defined Benefit (Pension) Plans in Georgia
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Voya Retirement Plan vs. nearby Defined Benefit (Pension) plans in Georgia, assets vs. participants
- The Southern Company Pension Plan $15.6B · 25,241
- UPS/Ibt Full-Time Employee Pension Plan $12.3B · 70,241
- UPS Pension Plan $9.7B · 153,217
- Cox Enterprises, Inc. Pension Plan $7.4B · 24,023
- Delta Retirement Plan $7.3B · 15,601
Scale composition for Voya Retirement Plan
Voya Retirement Plan reports $1.9B in end-of-year assets across 6,185 participants (0.015% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.007% of 93,925,755 covered participants) - about $299,254 per participant (2.2x the national average assets-per-participant) . Net income for plan year 2023 was $62M.
This plan identity (EIN 521317217, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.9B to $1.8B (-2.5%) while covered participants moved from 5,802 to 7,216 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 5,802 | $1.9B | Open filing |
| 2023 | 6,185 | $1.9B | This page |
| 2024 · index core | 7,216 | $1.8B | Open filing |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- Voya 401(k) Savings Plan (401(k), $2.7B, 6,829 participants)
- Voya Retirement Plan (Defined Benefit (Pension), $1.8B, 7,216 participants)
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Voya Retirement Plan by total assets, not by location.
- Hartford Healthcare Pension Plan (CT) $1.9B · 4,057
- Olin Corporation Employees Pension Plan (MO) $1.9B · 2,092
- Mason Tenders' District Council Pension Fund (NY) $1.8B · 8,895
- Brightspeed Pension Plan (NC) $1.9B · 2,057
Frequently Asked Questions
How did Voya Retirement Plan assets move in 2023? ▼
How have Voya Services Company plan assets changed over time? ▼
Where does Voya Retirement Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Voya Retirement Plan? ▼
Next read for Voya Retirement Plan
Filing takeaways
Ways to act on Voya Retirement Plan's numbers.
- By total assets, Voya Retirement Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Georgia. Compare plans
- Voya Services Company's sponsor-wide assets have grown 17.5% since 2022 across 3 plan years on file. More Finance & Insurance plans