Defined Benefit (Pension) · DOL Form 5500 · 2023
American Express Company and Its Participating Subsidiaries Pension Plan
Data updated 2026-08-06
- $1.2B
- Total assets
- 3,664
- Participants
- 99th
- Percentile by assets
- $315,406
- Avg per participant
Official DOL plan name: American Express Retirement Plan · Sponsored by American Express Company and Its Participating Subsidiaries · New York · Finance & Insurance
$1.2B in assets, 3,664 participants
American Express Company and Its Participating Subsidiaries's American Express Retirement Plan reported $1.2B in total assets and 3,664 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)
- #8,649 in Finance & Insurance (8,852 peers)
Coverage in New York
American Express Retirement Plan covers 3,664 participants in New York, 4.6x the typical New York plan (state average ~795 per filing). Assets: $1.2B.
- $1.2B
- total plan assets (2023 EOY)
- 3,664
- covered participants
- 99th
- percentile by assets (of 126,618 plans)
- $315,406
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- American Express Retirement Plan reported net income rose from $3M in the plan year 2022 filing to $107M in the plan year 2023 filing.
- American Express Retirement Plan end-of-year assets rose from $1.0B in the plan year 2022 filing to $1.2B in the plan year 2023 filing.
- American Express Retirement Plan reported participants fell from 3,915 in the plan year 2022 filing to 3,664 in the plan year 2023 filing.
Participants vs New York filers
In New York, the average filing covers about 795 participants across 8,491 plans. American Express Retirement Plan reports 3,664 participants - 4.6x that state average ($1.2B EOY assets).
New York filing particulars
| Total Assets (Beginning of Year) | $1.0B |
|---|---|
| Net Assets (End of Year) | $1.1B |
| Net Income | $107M |
| Employer EIN | 134922250 |
| Plan Effective Date | 1985-05-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (American Express Company and Its Participating Subsidiaries)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 25,649 | $7.6B |
| 2023 | 2 | 30,157 | $9.0B |
| 2024 | 1 | 25,030 | $9.1B |
Nearby Defined Benefit (Pension) Plans in New York
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
American Express Retirement Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants
- IBM Personal Pension Plan $25.0B · 14,881
- Consolidated Edison Retirement Plan $16.2B · 10,779
- 1199seiu Health Care Employees Pension Fund $16.2B · 107,582
- Pfizer Consolidated Pension Plan $11.0B · 9,616
- Pepsico Employees Retirement Plan I $7.6B · 12,289
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to American Express Retirement Plan by total assets, not by location.
- Alaska Airlines, Inc., Fixed Income Retirement Plan for Pilots (WA) $1.2B · 788
- Evergy, Inc. Retirement Plan (MO) $1.2B · 2,763
- Procter & Gamble Master Retirement Plan (OH) $1.2B · 805
- Chicago Painters and Decorators Pension Fund (IL) $1.2B · 2,212
Frequently Asked Questions
How did American Express Retirement Plan assets move in 2023? ▼
How have American Express Company and Its Participating Subsidiaries plan assets changed over time? ▼
Where does American Express Retirement Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to American Express Retirement Plan? ▼
Next read for American Express Retirement Plan
Filing takeaways
Ways to act on American Express Retirement Plan's numbers.
- By total assets, American Express 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 New York. Compare plans
- American Express Company and Its Participating Subsidiaries's sponsor-wide assets have grown 20.0% since 2022 across 3 plan years on file. More Finance & Insurance plans