Defined Benefit (Pension) · DOL Form 5500 · 2023

Rite Aid Corporation Pension Plan

Data updated 2026-08-25

$120M
Total assets Near avg plan size
1,773
Participants Near avg headcount
92nd
Percentile by assets National rank
$67,553
Avg per participant Below avg balance/head
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Official DOL plan name: The Rite Aid Pension Plan · Sponsored by Rite Aid Corporation · Pennsylvania · Retail Trade

$120M in assets, 1,773 participants

Rite Aid Corporation's The Rite Aid Pension Plan reported $120M in total assets and 1,773 participants in its 2023 DOL Form 5500 filing, ranking in the 92nd 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.

  • #8,056 in Retail Trade (8,414 peers)

Coverage in Pennsylvania

The Rite Aid Pension Plan covers 1,773 participants in Pennsylvania, 2.2x the typical Pennsylvania plan (state average ~822 per filing). Assets: $120M.

#8,056
in Retail Trade (8,414 peers)
-1.4%
assets change YoY
1.2×
vs typical plan assets (national mean)

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

The Rite Aid Pension Plan's outsized position by total assets

The Rite Aid Pension Plan vs every filed plan by assets

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

$119,771,270 Top 8% higher than 92% 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

The Rite Aid Pension Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Rite Aid Pension Plan lands in the large band (1,773 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Rite Aid Pension Plan reported net income rose from -$28M in the plan year 2022 filing to -$2M in the plan year 2023 filing.
  • The Rite Aid Pension Plan reported participants fell from 1,996 in the plan year 2022 filing to 1,773 in the plan year 2023 filing.
  • The Rite Aid Pension Plan end-of-year assets fell from $121M in the plan year 2022 filing to $120M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 231614034 · Rite Aid Corporation PY 2023 · Defined Benefit (Pension)

The Rite Aid Pension Plan · $120M · 1,773 · 92nd

  • 5500 $120M
  • 5500 1,773
  • 5500 92nd
  • 5500 Defined Benefit (Pension)
  • 5500 near Goodwin Procter LLP Cash Balance Retirement Plan II
  • 5500 ind #8056

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 Retail Trade retirement plans → · Plans in Pennsylvania →

The Rite Aid Pension Plan in the asset neighbourhood

The Burger King Retirement PlanThe Burger King Retirement P…$120MThe Rite Aid Pension Plan$120MGoodwin Procter LLP Cash Balance Retirement Plan IIGoodwin Procter LLP Cash Bal…$120MGoodwin Procter LLP Cash Balance Retirement PlanGoodwin Procter LLP Cash Bal…$120MNippon Express U.S.a. Group Pension PlanNippon Express U.S.a. Group …$120M
End-of-year total assets ($M) among The Rite Aid Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$121M
Net Assets (End of Year)$120M
Net Income-$2M
Employer EIN231614034
Plan Effective Date1965-03-31
Filing StatusFILING RECEIVED

Sponsor Plan History (Rite Aid Corporation)

Sponsor-wide plan assets over time

All Rite Aid Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$3.4B 8.779532441856947% vs 2022
2024 filing year
$3B$3.2B$3.4B$3.6B 202220232024 $3.12B $3.39B ▲ +8.7%
Year Plans Participants Total Assets
2022 3 41,365 $3.1B
2023 3 39,921 $3.5B
2024 3 37,206 $3.4B

Nearby Defined Benefit (Pension) Plans in Pennsylvania

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

The Rite Aid Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants The Rite Aid Pension Plan, Total assets ($B): 0.11977127 · Participants: 1773The Rite Aid Pension 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
The Rite Aid Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants
Compare The Rite Aid Pension Plan side-by-side with 3 peers →

The Rite Aid Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is Goodwin Procter LLP Cash Balance Retirement Plan II in MA ($120M); by covered participants it is Union Carbide Employees' Pension Plan in MI (1,775 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,773 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 The Rite Aid Pension Plan assets move in 2023? ▼
The Rite Aid Pension Plan edged down modestly - down 1.4% during 2023, from $121M to $120M. Reported net income was -$2M.
How have Rite Aid Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Rite Aid Corporation's sponsor-wide assets grew 8.8%, from $3.1B to $3.4B.
Where does The Rite Aid Pension Plan rank by assets among Form 5500 filers? ▼
The Rite Aid Pension Plan ranks in the 92nd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to The Rite Aid Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Goodwin Procter LLP Cash Balance Retirement Plan II in MA ($120M, 300 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to The Rite Aid Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Union Carbide Employees' Pension Plan in MI (1,775 participants, $2.4B 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 231614034.

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.