Defined Benefit (Pension) · DOL Form 5500 · 2023
The Procter and Gamble Company Pension Plan
Data updated 2026-08-06
- $1.2B
- Total assets
- 805
- Participants
- 99th
- Percentile by assets
- $1.4M
- Avg per participant
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.
- 99th percentile by assets (of 126,618 plans)
- #18,272 in Manufacturing (18,672 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.
- $1.2B
- total plan assets (2023 EOY)
- 805
- covered participants
- 99th
- percentile by assets (of 126,618 plans)
- $1.4M
- avg assets per participant
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.
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.
Procter & Gamble Master Retirement Plan vs the 2023 asset distribution
By assets, Procter & Gamble Master Retirement Plan outranks 99% of the 126,618 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 12x the national average plan size of $100M (730 average participants).
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $1.3B |
|---|---|
| Net Assets (End of Year) | $1.2B |
| Net Income | -$132M |
| Employer EIN | 310411980 |
| Plan Effective Date | 1982-06-09 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (The Procter and Gamble Company)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 59,869 | $27.8B |
| 2023 | 3 | 61,584 | $29.3B |
| 2024 | 2 | 63,268 | $27.3B |
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
- Firstenergy Corp. Master Pension Plan $7.1B · 12,304
- Nationwide Retirement Plan $5.3B · 22,311
- American Electric Power System Retirement Plan $4.5B · 15,595
- Parker Defined Benefit Plan $3.7B · 191
- Ohio Operating Engineers Pension Plan $3.6B · 10,029
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Procter & Gamble Master Retirement Plan by total assets, not by location.
- Evergy, Inc. Retirement Plan (MO) $1.2B · 2,763
- Chicago Painters and Decorators Pension Fund (IL) $1.2B · 2,212
- Alaska Airlines, Inc., Fixed Income Retirement Plan for Pilots (WA) $1.2B · 788
- Georgia-Pacific LLC Salaried Pension Plan (GA) $1.2B · 3,040
Frequently Asked Questions
How did Procter & Gamble Master Retirement Plan assets move in 2023? ▼
How have The Procter and Gamble Company plan assets changed over time? ▼
Where does Procter & Gamble Master Retirement Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Procter & Gamble Master Retirement Plan? ▼
Next read for Procter & Gamble Master Retirement Plan
Scale reading
Ways to act on Procter & Gamble Master Retirement Plan's numbers.
- By total assets, Procter & Gamble Master 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 Ohio. Compare plans
- The Procter and Gamble Company's sponsor-wide assets have declined 1.7% since 2022 across 3 plan years on file. More Manufacturing plans