Defined Benefit (Pension) · DOL Form 5500 · 2024
International Business Machines Corporation Pension Plan
Data updated 2026-08-25
- $17.9B
- Total assets Mega-plan scale
- 48,014
- Participants Very large workforce
- 100th
- Percentile by assets National rank
- $373,222
- Avg per participant High balance/head
Official DOL plan name: IBM Personal Pension Plan · Sponsored by International Business Machines Corporation · New York · Professional & Technical Services
$17.9B in assets, 48,014 participants
International Business Machines Corporation's IBM Personal Pension Plan reported $17.9B in total assets and 48,014 participants in its 2024 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.
- #20,167 in Professional & Technical Services (20,173 peers)
Coverage in New York
IBM Personal Pension Plan covers 48,014 participants in New York, 60x the typical New York plan (state average ~798 per filing). Assets: $17.9B.
- #20,167
- in Professional & Technical Services (20,173 peers)
- -28.2%
- assets change YoY
- 180×
- vs typical plan assets (national mean)
The plan reported a net loss of $6.9B for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
IBM Personal Pension Plan's outsized position by total assets
IBM Personal Pension Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$17,919,858,993 Highest reported value at or above every one of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
IBM Personal Pension Plan's mega-plan peer group by participant headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. IBM Personal Pension Plan is a mega filing (48,014 participants), the rightmost band on the breakdown.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- IBM Personal Pension Plan reported net income fell from -$720M in the plan year 2023 filing to -$6.9B in the plan year 2024 filing.
- IBM Personal Pension Plan reported participants rose from 14,881 in the plan year 2023 filing to 48,014 in the plan year 2024 filing.
- IBM Personal Pension Plan end-of-year assets fell from $25.0B in the plan year 2023 filing to $17.9B in the plan year 2024 filing.
Plan-year Form 5500 strip
Filing strip 130871985 · International Business Machines Corporation PY 2024 · Defined Benefit (Pension)
IBM Personal Pension Plan · $17.9B · 48,014 · 100th
- EIN $17.9B
- EIN 48,014
- EIN 100th
- EIN Defined Benefit (Pension)
- EIN near Ford Motor Company UAW Retirement Plan
- EIN ind #20167
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 Professional & Technical Services retirement plans → · Plans in New York →
IBM Personal Pension Plan in the asset neighbourhood
New York filing particulars
| Total Assets (Beginning of Year) | $25.0B |
|---|---|
| Net Assets (End of Year) | $17.6B |
| Net Income | -$6.9B |
| Employer EIN | 130871985 |
| Plan Effective Date | 1945-09-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (International Business Machines Corporation)
Sponsor-wide plan assets over time
All International Business Machines Corporation plans reported in each filing year
- Latest sponsor-wide plan assets
- $78.3B 0.712905096080379% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 72,807 | $78.9B |
| 2023 | 3 | 69,793 | $82.4B |
| 2024 | 3 | 100,688 | $78.3B |
Nearby Defined Benefit (Pension) Plans in New York
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- 1199seiu Health Care Employees Pension Fund $16.9B · 111,833
- Consolidated Edison Retirement Plan $15.6B · 10,608
- Pfizer Consolidated Pension Plan $10.0B · 8,876
- GE Energy Pension Plan $8.9B · 5,829
- Pepsico Employees Retirement Plan I $6.8B · 11,289
Scale composition for IBM Personal Pension Plan
IBM Personal Pension Plan reports $17.9B in end-of-year assets across 48,014 participants (0.15% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.051% of 93,925,755 covered participants) - about $373,222 per participant (2.7x the national average assets-per-participant) . Net income for plan year 2024 was -$6.9B.
This plan identity (EIN 130871985, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $25.5B to $17.9B (-29.8%) while covered participants moved from 16,431 to 48,014 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 16,431 | $25.5B | Open filing |
| 2023 | 14,881 | $25.0B | Open filing |
| 2024 · index core | 48,014 | $17.9B | This page |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- IBM 401(k) Plan (401(k), $60.4B, 52,674 participants)
IBM Personal Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside New York, the nearest Defined Benefit (Pension) by assets is Ford Motor Company UAW Retirement Plan in MI ($17.8B); by covered participants it is Western States Carpenters Pension Plan in CA (48,582 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($17.9B here).
- Ford Motor Company UAW Retirement Plan (MI) $17.8B · 25,742
- Pacific Gas and Electric Company Retirement Plan (CA) $17.6B · 27,500
- Lockheed Martin Corporation Salaried Employee Retirement Program (MD) $18.3B · 18,014
- Northrop Grumman Pension Plan (VA) $18.8B · 12,678
Similar participant headcount
Nearest other-state filings by covered participants (48,014 participants); asset peers above are excluded.
- Western States Carpenters Pension Plan (CA) 48,582 · 568 off
- Ernst & Young Defined Benefit Retirement Plan (NJ) 48,793 · 779 off
- Wells Fargo & Company Cash Balance Plan (MN) 46,875 · 1,139 off
- Steelworkers Pension Trust (PA) 46,110 · 1,904 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.