Defined Benefit (Pension) · DOL Form 5500 · 2023
Air Products and Chemicals, Inc. Pension Plan
Data updated 2026-08-25
- $2.3B
- Total assets Very large vs avg
- 1,071
- Participants Near avg headcount
- 99th
- Percentile by assets National rank
- $2.2M
- Avg per participant High balance/head
Official DOL plan name: Air Products and Chemicals, Inc. Pension Plan for Salaried Employees · Sponsored by Air Products and Chemicals, Inc. · Pennsylvania · Manufacturing
$2.3B in assets, 1,071 participants
Air Products and Chemicals, Inc.'s Air Products and Chemicals, Inc. Pension Plan for Salaried Employees reported $2.3B in total assets and 1,071 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.
- #18,513 in Manufacturing (18,722 peers)
Where Air Products and Chemicals, Inc. Pension Plan for Salaried Employees sits by assets
Air Products and Chemicals, Inc. Pension Plan for Salaried Employees sits among the largest 1% of all filed plans, $2.3B for 1,071 participants (~$2.2M/participant), up 10.1% in 2023.
- #18,513
- in Manufacturing (18,722 peers)
- +10.1%
- assets growth YoY
- 23×
- vs typical plan assets (national mean)
Air Products and Chemicals, Inc. Pension Plan for Salaried Employees's outsized position by total assets
Air Products and Chemicals, Inc. Pension Plan for Salaried Employees vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$2,319,441,262 Top 1% higher than 99% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Air Products and Chemicals, Inc. Pension Plan for Salaried Employees'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. Air Products and Chemicals, Inc. Pension Plan for Salaried Employees lands in the large band (1,071 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Air Products and Chemicals, Inc. Pension Plan for Salaried Employees reported net income rose from -$98M in the plan year 2022 filing to $212M in the plan year 2023 filing.
- Air Products and Chemicals, Inc. Pension Plan for Salaried Employees end-of-year assets rose from $2.1B in the plan year 2022 filing to $2.3B in the plan year 2023 filing.
- Air Products and Chemicals, Inc. Pension Plan for Salaried Employees reported participants fell from 1,169 in the plan year 2022 filing to 1,071 in the plan year 2023 filing.
Form 5500 schedule snapshot
Filing strip 231274455 · Air Products and Chemicals, Inc. PY 2023 · Defined Benefit (Pension)
Air Products and Chemicals, Inc. Pension Plan for Salaried Employees · $2.3B · 1,071 · 99th
- VS-ST $2.3B
- BOY 1,071
- SCH 99th
- EBSA Defined Benefit (Pension)
- PART near Transamerica Pension Plan
- TYPE ind #18513
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 Pennsylvania →
Air Products and Chemicals, Inc. Pension Plan for Salaried Employees in the asset neighbourhood
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $2.1B |
|---|---|
| Net Assets (End of Year) | $2.3B |
| Net Income | $212M |
| Employer EIN | 231274455 |
| Plan Effective Date | 1957-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Air Products and Chemicals, Inc.)
Sponsor-wide plan assets over time
All Air Products and Chemicals, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $2.7B 41.92821734022907% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 6,869 | $4.7B |
| 2023 | 3 | 7,105 | $5.1B |
| 2024 | 1 | 6,170 | $2.7B |
Nearby Defined Benefit (Pension) Plans in Pennsylvania
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- National Elevator Industry Pension Plan $11.2B · 27,434
- Steelworkers Pension Trust $6.6B · 47,052
- The PNC Financial Services Group, Inc. Pension Plan $5.6B · 63,680
- Constellation Retirement Program $5.3B · 5,080
- The Bank of New York Mellon Corporation Pension Plan $5.3B · 7,374
Air Products and Chemicals, Inc. Pension Plan for Salaried Employees's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is Transamerica Pension Plan in IA ($2.3B); by covered participants it is Kamehameha Schools Retirement Plan in HI (1,072 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($2.3B here).
- Transamerica Pension Plan (IA) $2.3B · 6,519
- Ernst & Young Defined Benefit Retirement Plan (NJ) $2.3B · 45,954
- New York Hotel Trades Council and Hotel Association of New York City, Inc. Pension Fund (NY) $2.3B · 24,024
- Reynolds and Affiliates Pension Plan (NC) $2.3B · 997
Similar participant headcount
Nearest other-state filings by covered participants (1,071 participants); asset peers above are excluded.
- Kamehameha Schools Retirement Plan (HI) 1,072 · 1 off
- Dominion Energy Ohio Union Pension Plan (VA) 1,068 · 3 off
- IBEW Local 701 Pension Fund (IL) 1,074 · 3 off
- Westlake Defined Benefit Plan (TX) 1,076 · 5 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.