Defined Benefit (Pension) · DOL Form 5500 · 2024

Pepsico, Inc. Pension Plan

Data updated 2026-07-24

$6.8B
Total assets
11,289
Participants
100th
Percentile by assets
$605,550
Avg per participant
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Official DOL plan name: Pepsico Employees Retirement Plan I · Sponsored by Pepsico, Inc. · New York · Manufacturing

$6.8B in assets, 11,289 participants

Pepsico, Inc.'s Pepsico Employees Retirement Plan I reported $6.8B in total assets and 11,289 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.

  • 100th percentile by assets (of 116,472 plans)

Coverage in New York

Pepsico Employees Retirement Plan I covers 11,289 participants in New York, 14x the typical New York plan (state average ~795 per filing). Assets: $6.8B.

$6.8B
total plan assets (2024 EOY)
11,289
covered participants
100th
percentile by assets (of 116,472 plans)
$605,550
avg assets per participant

The plan reported a net loss of $742M 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

  • Pepsico Employees Retirement Plan I reported net income fell from -$51M in the plan year 2023 filing to -$742M in the plan year 2024 filing.
  • Pepsico Employees Retirement Plan I end-of-year assets fell from $7.6B in the plan year 2023 filing to $6.8B in the plan year 2024 filing.
  • Pepsico Employees Retirement Plan I reported participants fell from 12,289 in the plan year 2023 filing to 11,289 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs New York filers

In New York, the average filing covers about 795 participants across 8,491 plans. Pepsico Employees Retirement Plan I reports 11,289 participants - 14x that state average ($6.8B EOY assets).

New York filing particulars

Total Assets (Beginning of Year)$7.6B
Net Assets (End of Year)$6.8B
Net Income-$742M
Employer EIN131584302
Plan Effective Date1958-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Pepsico, Inc.)

$23B$24B$25B$26B$27B 202220232024 $23.7B $26B ▲ +9.9%
Total plan assets by year, all Pepsico, Inc. plans on file
Year Plans Participants Total Assets
2022 5 217,267 $23.6B
2023 4 220,294 $25.5B
2024 4 228,239 $26.0B

Nearby Defined Benefit (Pension) Plans in New York

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

Pepsico Employees Retirement Plan I vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants

Pepsico Employees Retirement Plan I vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. 050000100000150000 5101520 Total assets ($B) Participants Pepsico Employees Re…IBM Personal Pension…1199seiu Health Care…Consolidated Edison …Pfizer Consolidated …GE Energy Pension Plan
Pepsico Employees Retirement Plan I vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Pepsico Employees Retirement Plan I by total assets, not by location.

Frequently Asked Questions

How did Pepsico Employees Retirement Plan I assets move in 2024?
Pepsico Employees Retirement Plan I pulled back noticeably - down 10.0% during 2024, from $7.6B to $6.8B. Reported net income was -$742M.
How have Pepsico, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Pepsico, Inc.'s sponsor-wide assets grew 9.9%, from $23.6B to $26.0B.
Where does Pepsico Employees Retirement Plan I rank by assets among Form 5500 filers?
Pepsico Employees Retirement Plan I ranks in the 100th 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 Pepsico Employees Retirement Plan I?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Deseret Mutual Master Retirement Plan in UT ($7.1B, 10,478 participants).

Next read for Pepsico Employees Retirement Plan I

Filing takeaways

Ways to act on Pepsico Employees Retirement Plan I's numbers.

  • By total assets, Pepsico Employees Retirement Plan I 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 New York. Compare plans
  • Pepsico, Inc.'s sponsor-wide assets have grown 9.9% since 2022 across 3 plan years on file. More Manufacturing 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 131584302.

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