Defined Benefit (Pension) · DOL Form 5500 · 2024

Genuine Parts Company Pension Plan

Data updated 2026-07-24

$2.0B
Total assets
4,225
Participants
99th
Percentile by assets
$464,394
Avg per participant
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Official DOL plan name: Genuine Parts Company Pension Plan · Sponsored by Genuine Parts Company · Georgia · Wholesale Trade

$2.0B in assets, 4,225 participants

Genuine Parts Company's Genuine Parts Company Pension Plan reported $2.0B in total assets and 4,225 participants in its 2024 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 116,472 plans)

Coverage in Georgia

Genuine Parts Company Pension Plan covers 4,225 participants in Georgia, 3.8x the typical Georgia plan (state average ~1,126 per filing). Assets: $2.0B.

$2.0B
total plan assets (2024 EOY)
4,225
covered participants
99th
percentile by assets (of 116,472 plans)
$464,394
avg assets per participant

The plan reported a net loss of $22M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Genuine Parts Company Pension Plan reported net income fell from $83M in the plan year 2023 filing to -$22M in the plan year 2024 filing.
  • Genuine Parts Company Pension Plan reported participants fell from 4,655 in the plan year 2023 filing to 4,225 in the plan year 2024 filing.
  • Genuine Parts Company Pension Plan end-of-year assets fell from $2.0B in the plan year 2023 filing to $2.0B in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Georgia filers

In Georgia, the average filing covers about 1,126 participants across 3,470 plans. Genuine Parts Company Pension Plan reports 4,225 participants - 3.8x that state average ($2.0B EOY assets).

Georgia filing particulars

Total Assets (Beginning of Year)$2.0B
Net Assets (End of Year)$2.0B
Net Income-$22M
Employer EIN580254510
Plan Effective Date1975-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Genuine Parts Company)

$3.8B$4B$4.2B$4.4B$4.6B 202220232024 $4B $4.5B ▲ +12.5%
Total plan assets by year, all Genuine Parts Company plans on file
Year Plans Participants Total Assets
2022 2 30,761 $4.0B
2023 2 33,482 $4.4B
2024 2 33,706 $4.5B

Nearby Defined Benefit (Pension) Plans in Georgia

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

Genuine Parts Company Pension Plan vs. nearby Defined Benefit (Pension) plans in Georgia, assets vs. participants

Genuine Parts Company Pension Plan vs. nearby Defined Benefit (Pension) plans in Georgia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 0510152025 Total assets ($B) Participants Genuine Parts Compan…UPS Retirement PlanThe Southern Company…UPS/Ibt Full-Time Em…UPS Pension PlanDelta Retirement Plan
Genuine Parts Company Pension Plan vs. nearby Defined Benefit (Pension) plans in Georgia, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Genuine Parts Company Pension Plan by total assets, not by location.

Frequently Asked Questions

How did Genuine Parts Company Pension Plan assets move in 2024?
Genuine Parts Company Pension Plan edged down modestly - down 2.4% during 2024, from $2.0B to $2.0B. Reported net income was -$22M.
How have Genuine Parts Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Genuine Parts Company's sponsor-wide assets grew 12.5%, from $4.0B to $4.5B.
Where does Genuine Parts Company Pension Plan rank by assets among Form 5500 filers?
Genuine Parts Company Pension Plan ranks in the 99th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to Genuine Parts Company Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Iuoe Stationary Engineers Local 39 Pension Plan in CA ($2.0B, 5,166 participants).

Next read for Genuine Parts Company Pension Plan

Filing takeaways

Ways to act on Genuine Parts Company Pension Plan's numbers.

  • By total assets, Genuine Parts Company Pension 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 Georgia. Compare plans
  • Genuine Parts Company's sponsor-wide assets have grown 12.5% since 2022 across 3 plan years on file. More Wholesale Trade plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 580254510.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.