Defined Benefit (Pension) · DOL Form 5500 · 2023
Honeywell Retirement Earnings Plan
Data updated 2026-05-15
- $16.6B
- Total assets
- 11,145
- Participants
- 100th
- Percentile by assets
- $1.5M
- Avg per participant
Sponsored by Honeywell International Inc. · North Carolina · Manufacturing
What the 2023 filing shows
Honeywell Retirement Earnings Plan holds $16.6B for 11,145 participants - about $1.5M per participant, among the largest 1% of all filed plans, down 2.4% over the 2023 plan year.
- $16.6B
- total plan assets (2023 EOY)
- 11,145
- covered participants
- 100th
- percentile by assets (of 126,618 plans)
- $1.5M
- avg assets per participant
The plan reported a net loss of $406M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Defined Benefit (Pension) · DOL Form 5500 · 2023
What the Filing Says About Honeywell Retirement Earnings Plan
Honeywell Retirement Earnings Plan is a Defined Benefit (Pension) retirement plan sponsored by Honeywell International Inc., headquartered in North Carolina. According to the U.S. Department of Labor's 2023 Form 5500 filing, the plan reports $16.6B in total end-of-year assets and covers 11,145 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 222640650, and the plan has been effective since 1965-10-01. Its filing status is currently FILING RECEIVED.
Year over year, total assets edged down modestly from $17.0B at the beginning of 2023 to $16.6B at year-end - down 2.4%. Net assets (after liabilities) closed the year at $16.6B, with reported net income of -$406M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.
Across the 3 plan years Honeywell International Inc. has on file with PlainRetire (2022-2024), sponsor-wide plan assets have moved from $32.9B to $34.3B, a gain of 4.1%, while reported participants moved from 54,187 to 51,823 (-4.4%). The strongest year on file by total sponsor assets was 2024 at $34.3B; the softest was 2022 at $32.9B. Year-by-year, sponsor-wide filings show: 2022 - $32.9B in assets across 6 plans covering 54,187 participants; 2023 - $33.4B in assets across 6 plans covering 53,725 participants; 2024 - $34.3B in assets across 6 plans covering 51,823 participants.
By assets, Honeywell Retirement Earnings Plan outranks nearly all the 126,618 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 166x the national average plan size of $100M and 730 average participants.
Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows, a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.
How the percentile is calculated: we count every plan that filed a 2023 Form 5500 with a reported end-of-year asset figure (126,618 plans), rank Honeywell Retirement Earnings Plan against all of them by total assets, and report the share of those plans it outranks. A plan reporting no asset figure for the year is excluded from the ranking rather than assumed to be zero.
Financial Summary (2023)
| Total Assets (Beginning of Year) | $17.0B |
|---|---|
| Total Assets (End of Year) | $16.6B |
| Net Assets (End of Year) | $16.6B |
| Net Income | -$406M |
| Plan Type | Defined Benefit (Pension) |
| Employer EIN | 222640650 |
| Plan Effective Date | 1965-10-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Honeywell International Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 6 | 54,187 | $32.9B |
| 2023 | 6 | 53,725 | $33.4B |
| 2024 | 6 | 51,823 | $34.3B |
Nearby Defined Benefit (Pension) Plans in North Carolina
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- Truist Financial Corporation Pension Plan $14.6B · 45,818
- Employees' Retirement Plan of Duke University $2.6B · 21,020
- Time Warner Cable Pension Plan $2.6B · 16,981
- The Hearst Corporation Retirement Plan $2.4B · 1,922
- Reynolds and Affiliates Pension Plan $2.3B · 997
Frequently Asked Questions
How much money is in the Honeywell Retirement Earnings Plan? ▼
What type of plan is Honeywell Retirement Earnings Plan? ▼
Who sponsors the Honeywell Retirement Earnings Plan? ▼
How did Honeywell Retirement Earnings Plan perform in 2023? ▼
What this filing means
Ways to act on Honeywell Retirement Earnings Plan's numbers.
- By total assets, Honeywell Retirement Earnings 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 North Carolina. Compare plans
- Honeywell International Inc.'s sponsor-wide assets have grown 4.1% since 2022 across 3 plan years on file. More Manufacturing plans
- A Defined Benefit (Pension) plan works differently from other retirement plan types, understand the structural differences before comparing. Compare plan types
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 222640650.
Reference: IRS Publication 560, Retirement Plans for Small Business, contribution-limit rules.
Reference: IRS Publication 590-B, Distributions from IRAs, RMD rules under SECURE Act 2.0.
Read our methodology - how this data is sourced, computed, and verified.
Every figure on PlainRetire is rendered directly from the Department of Labor's Form 5500 annual return filings, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-05-15.