Defined Benefit (Pension)
2023 plan-year Defined Benefit (Pension) DOL Form 5500

INTERNATIONAL FLAVORS & FRAGRANCES INC. PENSION PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

INTERNATIONAL FLAVORS & FRAGRANCES INC.

This Defined Benefit (Pension) plan holds $39M in total assets and serves 271 participants as of 2023. It is sponsored by INTERNATIONAL FLAVORS & FRAGRANCES INC. in New York. The plan reported a net loss of $439M for the year.

Total Assets (2023)
$39M
Participants
271
State
Industry
Manufacturing

What the Filing Says About INTERNATIONAL FLAVORS & FRAGRANCES INC. PENSION PLAN

INTERNATIONAL FLAVORS & FRAGRANCES INC. PENSION PLAN is a Defined Benefit (Pension) retirement plan sponsored by INTERNATIONAL FLAVORS & FRAGRANCES INC., headquartered in New York. As of the 2023 Form 5500 filing, the plan reports $39M in total end-of-year assets and covers 271 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 131432060, and the plan has been effective since 1957-12-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $473M at the beginning of 2023 to $39M at year-end — a decline of 91.8%. Net assets (after liabilities) closed the year at $36M, with reported net income of $-439,247,850 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$473M
Total Assets (End of Year)$39M
Net Assets (End of Year)$36M
Net Income$-439,247,850
Plan TypeDefined Benefit (Pension)
Employer EIN131432060
Plan Effective Date1957-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (INTERNATIONAL FLAVORS & FRAGRANCES INC.)

Year Plans Participants Total Assets
2022 4 2,269 $979M
2023 3 2,306 $865M
2024 2 5,113 $980M

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Frequently Asked Questions

How much money is in the INTERNATIONAL FLAVORS & FRAGRANCES INC. PENSION PLAN?
As of the 2023 Form 5500 filing, INTERNATIONAL FLAVORS & FRAGRANCES INC. PENSION PLAN holds $39M in total assets with 271 participants. It is sponsored by INTERNATIONAL FLAVORS & FRAGRANCES INC..
What type of plan is INTERNATIONAL FLAVORS & FRAGRANCES INC. PENSION PLAN?
INTERNATIONAL FLAVORS & FRAGRANCES INC. PENSION PLAN is a Defined Benefit (Pension) plan. It has been effective since 1957-12-01. The plan is filed with the U.S. Department of Labor under EIN 131432060.
Who sponsors the INTERNATIONAL FLAVORS & FRAGRANCES INC. PENSION PLAN?
INTERNATIONAL FLAVORS & FRAGRANCES INC. PENSION PLAN is sponsored by INTERNATIONAL FLAVORS & FRAGRANCES INC., located in New York. The sponsor's EIN is 131432060 and the plan operates in the Manufacturing industry.
How did INTERNATIONAL FLAVORS & FRAGRANCES INC. PENSION PLAN perform in 2023?
INTERNATIONAL FLAVORS & FRAGRANCES INC. PENSION PLAN declined by 91.8% during 2023, moving from $473M to $39M in total assets. Net income was $-439,247,850.
Where can I find official filings for INTERNATIONAL FLAVORS & FRAGRANCES INC. PENSION PLAN?
Official Form 5500 filings for INTERNATIONAL FLAVORS & FRAGRANCES INC. PENSION PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 131432060 or plan name at efast.dol.gov.
How does INTERNATIONAL FLAVORS & FRAGRANCES INC. PENSION PLAN compare to other plans?
You can compare INTERNATIONAL FLAVORS & FRAGRANCES INC. PENSION PLAN against other Defined Benefit (Pension) plans on the plan type page, or view plans in New York on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 131432060.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.