Defined Benefit (Pension) · DOL Form 5500 · 2023

The Procter and Gamble Company Pension Plan

Data updated 2026-08-25

$1.2B
Total assets Very large vs avg
805
Participants Near avg headcount
99th
Percentile by assets National rank
$1.4M
Avg per participant High balance/head
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Official DOL plan name: Procter & Gamble Master Retirement Plan · Sponsored by The Procter and Gamble Company · Ohio · Manufacturing

$1.2B in assets, 805 participants

The Procter and Gamble Company's Procter & Gamble Master Retirement Plan reported $1.2B in total assets and 805 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.

  • #18,322 in Manufacturing (18,722 peers)

Where Procter & Gamble Master Retirement Plan sits by assets

Procter & Gamble Master Retirement Plan sits among the largest 1% of all filed plans, $1.2B for 805 participants (~$1.4M/participant), down 10.2% in 2023.

#18,322
in Manufacturing (18,722 peers)
-10.2%
assets change YoY
12×
vs typical plan assets (national mean)

The plan reported a net loss of $132M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Procter & Gamble Master Retirement Plan's outsized position by total assets

Procter & Gamble Master Retirement Plan vs every filed plan by assets

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

$1,160,223,253 Top 1% higher than 99% 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

Procter & Gamble Master 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. Procter & Gamble Master Retirement Plan sits mid-pack in the medium band (805 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Procter & Gamble Master Retirement Plan reported net income fell from -$89M in the plan year 2022 filing to -$132M in the plan year 2023 filing.
  • Procter & Gamble Master Retirement Plan reported participants fell from 914 in the plan year 2022 filing to 805 in the plan year 2023 filing.
  • Procter & Gamble Master Retirement Plan end-of-year assets fell from $1.3B in the plan year 2022 filing to $1.2B in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 310411980 · The Procter and Gamble Company PY 2023 · Defined Benefit (Pension)

Procter & Gamble Master Retirement Plan · $1.2B · 805 · 99th

  • SCH $1.2B
  • SCH 805
  • SCH 99th
  • SCH Defined Benefit (Pension)
  • SCH near Evergy, Inc. Retirement Plan
  • SCH ind #18322

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 Manufacturing retirement plans → · Plans in Ohio →

Procter & Gamble Master Retirement Plan in the asset neighbourhood

Procter & Gamble Master Retirement PlanProcter & Gamble Master Reti…$1.2BEvergy, Inc. Retirement Plan$1.2BChicago Painters and Decorators Pension FundChicago Painters and Decorat…$1.2BAlaska Airlines, Inc., Fixed Income Retirement Plan for PilotsAlaska Airlines, Inc., Fixed…$1.2BGeorgia-Pacific LLC Salaried Pension PlanGeorgia-Pacific LLC Salaried…$1.2B
End-of-year total assets ($B) among Procter & Gamble Master 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)$1.3B
Net Assets (End of Year)$1.2B
Net Income-$132M
Employer EIN310411980
Plan Effective Date1982-06-09
Filing StatusFILING RECEIVED

Sponsor Plan History (The Procter and Gamble Company)

Sponsor-wide plan assets over time

All The Procter and Gamble Company plans reported in each filing year

Latest sponsor-wide plan assets
$28.5B 2.4245863107933574% vs 2022
2024 filing year
$27.5B$28B$28.5B$29B$29.5B 202220232024 $27.8B $28.5B ▲ +2.4%
Year Plans Participants Total Assets
2022 3 59,869 $27.8B
2023 3 61,584 $29.3B
2024 3 63,996 $28.5B

Nearby Defined Benefit (Pension) Plans in Ohio

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

Procter & Gamble Master Retirement Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 02468 Total assets ($B) Participants Procter & Gamble Master Retirement Plan, Total assets ($B): 1.160223253 · Participants: 805Procter & Gamble Master Retirement PlanFirstenergy Corp. Master Pension Plan, Total assets ($B): 7.144086795 · Participants: 12304Firstenergy Corp. Master Pension PlanNationwide Retirement Plan, Total assets ($B): 5.281060445 · Participants: 22311Nationwide Retirement PlanAmerican Electric Power System Retirement Plan, Total assets ($B): 4.475896468 · Participants: 15595American Electric Power System Retirement PlanParker Defined Benefit Plan, Total assets ($B): 3.656915014 · Participants: 191Parker Defined Benefit PlanOhio Operating Engineers Pension Plan, Total assets ($B): 3.592540979 · Participants: 10029Ohio Operating Engineers Pension Plan
Procter & Gamble Master Retirement Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants
Compare Procter & Gamble Master Retirement Plan side-by-side with 3 peers →

Procter & Gamble Master Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Ohio, the nearest Defined Benefit (Pension) by assets is Evergy, Inc. Retirement Plan in MO ($1.2B); by covered participants it is Autoalliance International, Inc. Retirement Plan for Employees Represented by the UAW in MI (804 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.2B here).

Similar participant headcount

Nearest other-state filings by covered participants (805 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 Procter & Gamble Master Retirement Plan assets move in 2023? ▼
Procter & Gamble Master Retirement Plan pulled back noticeably - down 10.2% during 2023, from $1.3B to $1.2B. Reported net income was -$132M.
How have The Procter and Gamble Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Procter and Gamble Company's sponsor-wide assets grew 2.4%, from $27.8B to $28.5B.
Where does Procter & Gamble Master Retirement Plan rank by assets among Form 5500 filers? ▼
Procter & Gamble Master Retirement Plan ranks in the 99th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to Procter & Gamble Master Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Evergy, Inc. Retirement Plan in MO ($1.2B, 2,763 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Procter & Gamble Master Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Autoalliance International, Inc. Retirement Plan for Employees Represented by the UAW in MI (804 participants, $98M 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 310411980.

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.