Defined Benefit (Pension) · DOL Form 5500 · 2023

Milton Hershey School Pension Plan

Data updated 2026-08-25

$33M
Total assets Below avg plan size
79
Participants Small participant base
81st
Percentile by assets National rank
$423,666
Avg per participant High balance/head
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Official DOL plan name: Milton Hershey School Retirement Plan · Sponsored by Milton Hershey School · Pennsylvania · Educational Services

$33M in assets, 79 participants

Milton Hershey School's Milton Hershey School Retirement Plan reported $33M in total assets and 79 participants in its 2023 DOL Form 5500 filing, ranking in the 81st 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.

  • #2,480 in Educational Services (3,735 peers)

Where Milton Hershey School Retirement Plan sits by assets

Milton Hershey School Retirement Plan sits in the top quartile of all filed plans by assets, $33M for 79 participants (~$423,666/participant), down 69.5% in 2023.

#2,480
in Educational Services (3,735 peers)
-69.5%
assets change YoY
0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $77M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Milton Hershey School Retirement Plan's outsized position by total assets

Milton Hershey School Retirement Plan vs every filed plan by assets

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

$33,469,577 Top 19% higher than 81% 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

Milton Hershey School Retirement Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Milton Hershey School Retirement Plan is a small filing (79 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Milton Hershey School Retirement Plan reported net income fell from -$8M in the plan year 2022 filing to -$77M in the plan year 2023 filing.
  • Milton Hershey School Retirement Plan end-of-year assets fell from $110M in the plan year 2022 filing to $33M in the plan year 2023 filing.
  • Milton Hershey School Retirement Plan reported participants fell from 87 in the plan year 2022 filing to 79 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 231353340 · Milton Hershey School PY 2023 · Defined Benefit (Pension)

Milton Hershey School Retirement Plan · $33M · 79 · 81st

  • RANK $33M
  • RANK 79
  • RANK 81st
  • RANK Defined Benefit (Pension)
  • RANK near Savings Bank of Danbury Trusteed Pension Plan
  • RANK ind #2480

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 Educational Services retirement plans → · Plans in Pennsylvania →

Milton Hershey School Retirement Plan in the asset neighbourhood

Officers and Employees of Local 478 and Funds Employees Pension PlanOfficers and Employees of Lo…$34MMilton Hershey School Retirement PlanMilton Hershey School Retire…$33MSavings Bank of Danbury Trusteed Pension PlanSavings Bank of Danbury Trus…$33MToledo Roofers Local No 134 Pension PlanToledo Roofers Local No 134 …$33MDorel Juvenile Group, Inc. Pension Plan for Bargaining Unit EmployeesDorel Juvenile Group, Inc. P…$33M
End-of-year total assets ($M) among Milton Hershey School Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$110M
Net Assets (End of Year)$33M
Net Income-$77M
Employer EIN231353340
Plan Effective Date1941-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Milton Hershey School)

Sponsor-wide plan assets over time

All Milton Hershey School plans reported in each filing year

Latest sponsor-wide plan assets
$395M 5.663889011483462% vs 2022
2024 filing year
$380M$390M$400M$410M$420M$430M 202220232024 $419M $395M ▼ -5.7%
Year Plans Participants Total Assets
2022 3 2,636 $419M
2023 3 2,644 $387M
2024 2 2,805 $395M

Nearby Defined Benefit (Pension) Plans in Pennsylvania

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

Milton Hershey School Retirement Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Milton Hershey School Retirement Plan, Total assets ($B): 0.033469577 · Participants: 79Milton Hershey School Retirement 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
Milton Hershey School Retirement Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants
Compare Milton Hershey School Retirement Plan side-by-side with 3 peers →

Milton Hershey School Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is Savings Bank of Danbury Trusteed Pension Plan in CT ($33M); by covered participants it is Restated Texas Pacific Land Corporation Revised Employees' Pension Plan in TX (79 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (79 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 Milton Hershey School Retirement Plan assets move in 2023? ▼
Milton Hershey School Retirement Plan contracted severely - down 69.5% during 2023, from $110M to $33M. Reported net income was -$77M.
How have Milton Hershey School plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Milton Hershey School's sponsor-wide assets declined 5.7%, from $419M to $395M.
Where does Milton Hershey School Retirement Plan rank by assets among Form 5500 filers? ▼
Milton Hershey School Retirement Plan ranks in the 81st percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Milton Hershey School Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Savings Bank of Danbury Trusteed Pension Plan in CT ($33M, 40 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Milton Hershey School Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Restated Texas Pacific Land Corporation Revised Employees' Pension Plan in TX (79 participants, $14M 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 231353340.

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.