Defined Benefit (Pension) · DOL Form 5500 · 2023

KEYCORP Pension Plan

Data updated 2026-08-06

$836M
Total assets
3,337
Participants
98th
Percentile by assets
$250,566
Avg per participant
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Official DOL plan name: Keycorp Consolidated Cash Balance Plan · Sponsored by KEYCORP · Ohio · Finance & Insurance

$836M in assets, 3,337 participants

KEYCORP's Keycorp Consolidated Cash Balance Plan reported $836M in total assets and 3,337 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 126,618 plans)
  • #8,585 in Finance & Insurance (8,852 peers)

Coverage in Ohio

Keycorp Consolidated Cash Balance Plan covers 3,337 participants in Ohio, 4.2x the typical Ohio plan (state average ~787 per filing). Assets: $836M.

$836M
total plan assets (2023 EOY)
3,337
covered participants
98th
percentile by assets (of 126,618 plans)
$250,566
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Keycorp Consolidated Cash Balance Plan reported net income rose from -$63M in the plan year 2022 filing to $23M in the plan year 2023 filing.
  • Keycorp Consolidated Cash Balance Plan reported participants fell from 3,640 in the plan year 2022 filing to 3,337 in the plan year 2023 filing.
  • Keycorp Consolidated Cash Balance Plan end-of-year assets rose from $813M in the plan year 2022 filing to $836M in the plan year 2023 filing.

See the national 2023→2024 release diff →

State

Participants vs Ohio filers

In Ohio, the average filing covers about 787 participants across 4,840 plans. Keycorp Consolidated Cash Balance Plan reports 3,337 participants - 4.2x that state average ($836M EOY assets).

Ohio filing particulars

Total Assets (Beginning of Year)$813M
Net Assets (End of Year)$836M
Net Income$23M
Employer EIN346542451
Plan Effective Date1952-12-14
Filing StatusFILING RECEIVED

Sponsor Plan History (KEYCORP)

$4B$4.2B$4.4B$4.6B$4.8B 202220232024 $4.08B $4.13B â–˛ +1.2%
Total plan assets by year, all KEYCORP plans on file
Year Plans Participants Total Assets
2022 2 21,543 $4.1B
2023 2 22,455 $4.6B
2024 1 17,635 $4.1B

Nearby Defined Benefit (Pension) Plans in Ohio

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

Keycorp Consolidated Cash Balance Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants

Keycorp Consolidated Cash Balance Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 02468 Total assets ($B) Participants Keycorp Consolidated…Firstenergy Corp. Ma…Nationwide Retiremen…American Electric Po…Parker Defined Benef…Ohio Operating Engin…
Keycorp Consolidated Cash Balance Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Keycorp Consolidated Cash Balance Plan by total assets, not by location.

Frequently Asked Questions

How did Keycorp Consolidated Cash Balance Plan assets move in 2023?
Keycorp Consolidated Cash Balance Plan edged up modestly - up 2.8% during 2023, from $813M to $836M. Reported net income was $23M.
How have KEYCORP plan assets changed over time?
Across 3 plan years on file (2022-2024), KEYCORP's sponsor-wide assets grew 1.2%, from $4.1B to $4.1B.
Where does Keycorp Consolidated Cash Balance Plan rank by assets among Form 5500 filers?
Keycorp Consolidated Cash Balance Plan ranks in the 98th percentile by end-of-year assets among 126,618 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Keycorp Consolidated Cash Balance Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Cottage Health Pension Plan in CA ($835M, 3,651 participants).

Next read for Keycorp Consolidated Cash Balance Plan

Filing takeaways

Ways to act on Keycorp Consolidated Cash Balance Plan's numbers.