Defined Benefit (Pension) · DOL Form 5500 · 2023

KEYCORP Pension Plan

Data updated 2026-08-25

$836M
Total assets Above avg plan size
3,337
Participants Above avg headcount
98th
Percentile by assets National rank
$250,566
Avg per participant Above avg balance/head
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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.

  • #8,602 in Finance & Insurance (8,869 peers)

Coverage in Ohio

Keycorp Consolidated Cash Balance Plan covers 3,337 participants in Ohio, 4.4x the typical Ohio plan (state average ~765 per filing). Assets: $836M.

#8,602
in Finance & Insurance (8,869 peers)
+2.8%
assets growth YoY
8.4×
vs typical plan assets (national mean)

Keycorp Consolidated Cash Balance Plan's outsized position by total assets

Keycorp Consolidated Cash Balance Plan vs every filed plan by assets

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

$836,139,906 Top 2% higher than 98% 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

Keycorp Consolidated Cash Balance Plan'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. Keycorp Consolidated Cash Balance Plan lands in the large band (3,337 participants).

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 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 346542451 · KEYCORP PY 2023 · Defined Benefit (Pension)

Keycorp Consolidated Cash Balance Plan · $836M · 3,337 · 98th

  • PHOTO $836M
  • IND 3,337
  • EOY 98th
  • 5500 Defined Benefit (Pension)
  • ASSETS near Cottage Health Pension Plan
  • PCT ind #8602

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 Finance & Insurance retirement plans → · Plans in Ohio →

Keycorp Consolidated Cash Balance Plan in the asset neighbourhood

Gciu - Employer Retirement Benefit PlanGciu - Employer Retirement B…$838MKeycorp Consolidated Cash Balance PlanKeycorp Consolidated Cash Ba…$836MCottage Health Pension Plan$835MAndersen Corporation Employees' Pension and Retirement PlanAndersen Corporation Employe…$833MSan Diego Gas & Electric Company Cash Balance PlanSan Diego Gas & Electric Com…$831M
End-of-year total assets ($M) among Keycorp Consolidated Cash Balance Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

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)

Sponsor-wide plan assets over time

All KEYCORP plans reported in each filing year

Latest sponsor-wide plan assets
$4.9B 20.729420576787565% vs 2022
2024 filing year
$3.5B$4B$4.5B$5B$5.5B 202220232024 $4.08B $4.93B ▲ +20.8%
Year Plans Participants Total Assets
2022 2 21,543 $4.1B
2023 2 22,455 $4.6B
2024 2 20,632 $4.9B

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 Scatter plot of 6 data points. -50000500010000150002000025000 02468 Total assets ($B) Participants Keycorp Consolidated Cash Balance Plan, Total assets ($B): 0.836139906 · Participants: 3337Keycorp Consolidated Cash Balance 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
Keycorp Consolidated Cash Balance Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants
Compare Keycorp Consolidated Cash Balance Plan side-by-side with 3 peers →

Keycorp Consolidated Cash Balance Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Ohio, the nearest Defined Benefit (Pension) by assets is Cottage Health Pension Plan in CA ($835M); by covered participants it is Minor League Players Pension Plan in NY (3,334 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($836M here).

Similar participant headcount

Nearest other-state filings by covered participants (3,337 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 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 20.7%, from $4.1B to $4.9B.
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 127,072 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).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Keycorp Consolidated Cash Balance Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Minor League Players Pension Plan in NY (3,334 participants, $22M 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 346542451.

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.