Defined Benefit (Pension) · DOL Form 5500 · 2024
Pepsico, Inc. Pension Plan
Data updated 2026-08-25
- $6.8B
- Total assets Very large vs avg
- 11,289
- Participants Very large workforce
- 100th
- Percentile by assets National rank
- $605,550
- Avg per participant High balance/head
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.
- #17,686 in Manufacturing (17,777 peers)
Coverage in New York
Pepsico Employees Retirement Plan I covers 11,289 participants in New York, 14x the typical New York plan (state average ~798 per filing). Assets: $6.8B.
- #17,686
- in Manufacturing (17,777 peers)
- -10.0%
- assets change YoY
- 69×
- vs typical plan assets (national mean)
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.
Pepsico Employees Retirement Plan I's outsized position by total assets
Pepsico Employees Retirement Plan I vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$6,836,051,000 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
Pepsico Employees Retirement Plan I'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. Pepsico Employees Retirement Plan I is a mega filing (11,289 participants), the rightmost band on the breakdown.
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.
Plan-year Form 5500 strip
Filing strip 131584302 · Pepsico, Inc. PY 2024 · Defined Benefit (Pension)
Pepsico Employees Retirement Plan I · $6.8B · 11,289 · 100th
- IND $6.8B
- EOY 11,289
- 5500 100th
- ASSETS Defined Benefit (Pension)
- PCT near Deseret Mutual Master Retirement Plan
- EIN ind #17686
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 New York →
Pepsico Employees Retirement Plan I in the asset neighbourhood
New York filing particulars
| Total Assets (Beginning of Year) | $7.6B |
|---|---|
| Net Assets (End of Year) | $6.8B |
| Net Income | -$742M |
| Employer EIN | 131584302 |
| Plan Effective Date | 1958-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Pepsico, Inc.)
Sponsor-wide plan assets over time
All Pepsico, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $26.0B 9.863970014505846% vs 2022
- 2024 filing year
| 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.
- IBM Personal Pension Plan $17.9B · 48,014
- 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
Scale composition for Pepsico Employees Retirement Plan I
Pepsico Employees Retirement Plan I reports $6.8B in end-of-year assets across 11,289 participants (0.055% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.012% of 93,925,755 covered participants) - about $605,550 per participant (4.4x the national average assets-per-participant) . Net income for plan year 2024 was -$742M.
This plan identity (EIN 131584302, plan #004) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $7.7B to $6.8B (-10.7%) while covered participants moved from 11,386 to 11,289 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 11,386 | $7.7B | Open filing |
| 2023 | 12,289 | $7.6B | Open filing |
| 2024 · index core | 11,289 | $6.8B | This page |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- The Pepsico Savings Plan (401(k), $14.9B, 137,398 participants)
- Pepsico, Inc. Employees Retirement Plan H (Defined Benefit (Pension), $4.2B, 79,073 participants)
Pepsico Employees Retirement Plan I's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside New York, the nearest Defined Benefit (Pension) by assets is Deseret Mutual Master Retirement Plan in UT ($7.1B); by covered participants it is Operating Engineers Pension Trust in CA (11,247 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($6.8B here).
- Deseret Mutual Master Retirement Plan (UT) $7.1B · 10,478
- Carpenters Pension Trust Fund for Northern California (CA) $6.6B · 19,919
- Bakery & Confectionery Union & Industry International Pension Fund (MD) $6.6B · 14,954
- Cox Enterprises, Inc. Pension Plan (GA) $7.1B · 22,501
Similar participant headcount
Nearest other-state filings by covered participants (11,289 participants); asset peers above are excluded.
- Operating Engineers Pension Trust (CA) 11,247 · 42 off
- Frontier Communications Pension Plan (CT) 11,190 · 99 off
- Verizon Management Pension Plan (NJ) 11,147 · 142 off
- Ohio Carpenters' Pension Plan (MI) 11,132 · 157 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.