Defined Benefit (Pension) · DOL Form 5500 · 2023

Deere & Company Pension Plan

Data updated 2026-08-25

$4.1B
Total assets Very large vs avg
10,894
Participants Very large workforce
100th
Percentile by assets National rank
$372,191
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: John Deere Pension Plan for Wage Employees · Sponsored by Deere & Company · Illinois · Manufacturing

$4.1B in assets, 10,894 participants

Deere & Company's John Deere Pension Plan for Wage Employees reported $4.1B in total assets and 10,894 participants in its 2023 DOL Form 5500 filing, ranking in the 100th 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.

  • #18,593 in Manufacturing (18,722 peers)

Coverage in Illinois

John Deere Pension Plan for Wage Employees covers 10,894 participants in Illinois, 14x the typical Illinois plan (state average ~779 per filing). Assets: $4.1B.

#18,593
in Manufacturing (18,722 peers)
+6.7%
assets growth YoY
41×
vs typical plan assets (national mean)

John Deere Pension Plan for Wage Employees's outsized position by total assets

John Deere Pension Plan for Wage Employees vs every filed plan by assets

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

$4,054,643,472 Highest reported value at or above every one 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

John Deere Pension Plan for Wage Employees's mega-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. John Deere Pension Plan for Wage Employees is a mega filing (10,894 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • John Deere Pension Plan for Wage Employees reported participants rose from N/A in the plan year 2022 filing to 10,894 in the plan year 2023 filing.
  • John Deere Pension Plan for Wage Employees reported net income rose from -$334M in the plan year 2022 filing to $254M in the plan year 2023 filing.
  • John Deere Pension Plan for Wage Employees end-of-year assets rose from $3.8B in the plan year 2022 filing to $4.1B in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 362382580 · Deere & Company PY 2023 · Defined Benefit (Pension)

John Deere Pension Plan for Wage Employees · $4.1B · 10,894 · 100th

  • 5500 $4.1B
  • ASSETS 10,894
  • PCT 100th
  • EIN Defined Benefit (Pension)
  • RANK near Duke Energy Retirement Cash Balance Plan
  • PHOTO ind #18593

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 Illinois →

John Deere Pension Plan for Wage Employees in the asset neighbourhood

New York Life Insurance Company Pension PlanNew York Life Insurance Comp…$4.1BFca US LLC Pension Plan$4.1BDisney Salaried Pension Plan aDisney Salaried Pension Plan…$4.1BJohn Deere Pension Plan for Wage EmployeesJohn Deere Pension Plan for …$4.1BDuke Energy Retirement Cash Balance PlanDuke Energy Retirement Cash …$4.0B
End-of-year total assets ($B) among John Deere Pension Plan for Wage Employees and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Illinois filing particulars

Total Assets (Beginning of Year)$3.8B
Net Assets (End of Year)$4.1B
Net Income$254M
Employer EIN362382580
Plan Effective Date1950-08-14
Filing StatusFILING RECEIVED

Sponsor Plan History (Deere & Company)

Sponsor-wide plan assets over time

All Deere & Company plans reported in each filing year

Latest sponsor-wide plan assets
$24.8B 17.130282974591164% vs 2022
2023 filing year
$20B$22B$24B$26B 20222023 $21.2B $24.8B ▲ +17.1%
Year Plans Participants Total Assets
2022 4 31,662 $21.2B
2023 4 59,809 $24.8B

Nearby Defined Benefit (Pension) Plans in Illinois

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

John Deere Pension Plan for Wage Employees vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants Scatter plot of 6 data points. 0100002000030000400005000060000 0204060 Total assets ($B) Participants John Deere Pension Plan for Wage Employees, Total assets ($B): 4.054643472 · Participants: 10894John Deere Pension Plan for Wage EmployeesCentral States, Southeast & Southwest Areas Pension Plan, Total assets ($B): 49.680270595 · Participants: 48538Central States, Southeast & Southwest Areas Pension PlanState Farm Insurance Companies Retirement Plan for United States Employees, Total assets ($B): 35.242945747 · Participants: 45001State Farm Insurance Companies Retirement Plan for United States EmployeesUnited Food & Commercial Workers Intl Union - Industry Pension Fund, Total assets ($B): 7.965094339 · Participants: 20680United Food & Commercial Workers Intl Union - Industry Pension FundJohn Deere Pension Plan for Salaried Employees, Total assets ($B): 7.960744597 · Participants: 16346John Deere Pension Plan for Salaried EmployeesAbbott Laboratories Annuity Retirement Plan, Total assets ($B): 7.819798504 · Participants: 17382Abbott Laboratories Annuity Retirement Plan
John Deere Pension Plan for Wage Employees vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants

John Deere Pension Plan for Wage Employees's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Illinois, the nearest Defined Benefit (Pension) by assets is Duke Energy Retirement Cash Balance Plan in NC ($4.0B); by covered participants it is Eighth District Electrical Pension Fund in NV (10,900 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($4.1B here).

Similar participant headcount

Nearest other-state filings by covered participants (10,894 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 John Deere Pension Plan for Wage Employees assets move in 2023?
John Deere Pension Plan for Wage Employees grew at a solid clip - up 6.7% during 2023, from $3.8B to $4.1B. Reported net income was $254M.
How have Deere & Company plan assets changed over time?
Across 2 plan years on file (2022-2023), Deere & Company's sponsor-wide assets grew 17.1%, from $21.2B to $24.8B.
Where does John Deere Pension Plan for Wage Employees rank by assets among Form 5500 filers?
John Deere Pension Plan for Wage Employees ranks in the 100th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to John Deere Pension Plan for Wage Employees?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Duke Energy Retirement Cash Balance Plan in NC ($4.0B, 14,485 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to John Deere Pension Plan for Wage Employees?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Eighth District Electrical Pension Fund in NV (10,900 participants, $1.2B in assets).