Defined Benefit (Pension) · DOL Form 5500 · 2023

Otis Worldwide Corporation Pension Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
33
Participants Small participant base
35th
Percentile by assets National rank
$85,271
Avg per participant Below avg balance/head
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Official DOL plan name: Otis Elevator Company Puerto Rico Pension Plan · Sponsored by Otis Worldwide Corporation · Connecticut · Manufacturing

$3M in assets, 33 participants

Otis Worldwide Corporation's Otis Elevator Company Puerto Rico Pension Plan reported $3M in total assets and 33 participants in its 2023 DOL Form 5500 filing, ranking in the 35th 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.

  • #3,466 in Manufacturing (18,722 peers)

Otis Worldwide Corporation multi-year trail

Otis Worldwide Corporation's plans moved +96.3% in assets from 2022 to 2024; this filing shows Otis Elevator Company Puerto Rico Pension Plan at $3M / 33 participants.

#3,466
in Manufacturing (18,722 peers)
+26.6%
assets growth YoY

Otis Elevator Company Puerto Rico Pension Plan's mid-pack asset rank among Manufacturing and all filers

Otis Elevator Company Puerto Rico Pension Plan vs every filed plan by assets

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

$2,813,947 35th percentile higher than 35% 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

Otis Elevator Company Puerto Rico Pension Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Otis Elevator Company Puerto Rico Pension Plan is a small filing (33 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Otis Elevator Company Puerto Rico Pension Plan reported net income rose from $304K in the plan year 2022 filing to $557K in the plan year 2023 filing.
  • Otis Elevator Company Puerto Rico Pension Plan end-of-year assets rose from $2M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Otis Elevator Company Puerto Rico Pension Plan reported participants rose from 28 in the plan year 2022 filing to 33 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 833789412 · Otis Worldwide Corporation PY 2023 · Defined Benefit (Pension)

Otis Elevator Company Puerto Rico Pension Plan · $3M · 33 · 35th

  • EOY $3M
  • 5500 33
  • ASSETS 35th
  • PCT Defined Benefit (Pension)
  • EIN near Abilene Diagnostic Clinic, PLLC Dbpp & T #1
  • RANK ind #3466

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 Connecticut →

Otis Elevator Company Puerto Rico Pension Plan in the asset neighbourhood

Meridian Investment Mgmt, Inc. Defined Benefit Pension PlanMeridian Investment Mgmt, In…$3MM Orhan Kaymakcalan Md Defined Benefit Plan and TrustM Orhan Kaymakcalan Md Defin…$3MOtis Elevator Company Puerto Rico Pension PlanOtis Elevator Company Puerto…$3MAbilene Diagnostic Clinic, PLLC Dbpp & T #1Abilene Diagnostic Clinic, P…$3MSouthern Eagle Sales & Service Local 270 Pension PlanSouthern Eagle Sales & Servi…$3M
End-of-year total assets ($M) among Otis Elevator Company Puerto Rico Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Otis Worldwide Corporation multi-year asset trail

Sponsor-wide plan assets over time

All Otis Worldwide Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$479M 96.2501744338164% vs 2022
2024 filing year
$200M$300M$400M$500M$600M 202220232024 $244M $479M ▲ +96.3%
Year Plans Participants Total Assets
2022 2 4,346 $244M
2023 2 4,220 $367M
2024 2 4,340 $479M

Otis Worldwide Corporation filing trail (2023)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$3M
Net Income$557K
Employer EIN833789412
Plan Effective Date1972-10-01
Filing StatusFILING RECEIVED

Nearby Defined Benefit (Pension) Plans in Connecticut

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

Otis Elevator Company Puerto Rico Pension Plan vs. nearby Defined Benefit (Pension) plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -1001020304050 Total assets ($B) Participants Otis Elevator Company Puerto Rico Pension Plan, Total assets ($B): 0.002813947 · Participants: 33Otis Elevator Company Puerto Rico Pension PlanRtx Consolidated Pension Plan, Total assets ($B): 43.752088232 · Participants: 23823Rtx Consolidated Pension PlanThe Citigroup Pension Plan, Total assets ($B): 10.610367002 · Participants: 17283The Citigroup Pension PlanEversource Pension Plan, Total assets ($B): 5.8761342 · Participants: 3717Eversource Pension PlanRetirement Plan for Employees of Aetna Inc., Total assets ($B): 5.40003759 · Participants: 10546Retirement Plan for Employees of Aetna Inc.The Hartford Retirement Plan for U.S. Employees, Total assets ($B): 3.580099386 · Participants: 7529The Hartford Retirement Plan for U.S. Employees
Otis Elevator Company Puerto Rico Pension Plan vs. nearby Defined Benefit (Pension) plans in Connecticut, assets vs. participants
Compare Otis Elevator Company Puerto Rico Pension Plan side-by-side with 3 peers →

Otis Elevator Company Puerto Rico Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Connecticut, the nearest Defined Benefit (Pension) by assets is Abilene Diagnostic Clinic, PLLC Dbpp & T #1 in TX ($3M); by covered participants it is Vermont Gas Systems, Inc. Retirement Plan in VT (33 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (33 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 Otis Elevator Company Puerto Rico Pension Plan assets move in 2023? ▼
Otis Elevator Company Puerto Rico Pension Plan grew sharply - up 26.6% during 2023, from $2M to $3M. Reported net income was $557K.
How have Otis Worldwide Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Otis Worldwide Corporation's sponsor-wide assets grew 96.3%, from $244M to $479M.
Which Defined Benefit (Pension) plans are similar in size to Otis Elevator Company Puerto Rico Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Abilene Diagnostic Clinic, PLLC Dbpp & T #1 in TX ($3M, 4 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Otis Elevator Company Puerto Rico Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Vermont Gas Systems, Inc. Retirement Plan in VT (33 participants, $18M 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 833789412.

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.