Defined Benefit (Pension) · DOL Form 5500 · 2024

Pinnacle West Capital Corporation Pension Plan

Data updated 2026-08-25

$3.1B
Total assets Very large vs avg
6,044
Participants Above avg headcount
100th
Percentile by assets National rank
$512,752
Avg per participant High balance/head
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Official DOL plan name: Pinnacle West Capital Corporation Retirement Plan · Sponsored by Pinnacle West Capital Corporation · Arizona · Management of Enterprises

$3.1B in assets, 6,044 participants

Pinnacle West Capital Corporation's Pinnacle West Capital Corporation Retirement Plan reported $3.1B in total assets and 6,044 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.

  • #1,112 in Management of Enterprises (1,133 peers)

Coverage in Arizona

Pinnacle West Capital Corporation Retirement Plan covers 6,044 participants in Arizona, 11x the typical Arizona plan (state average ~564 per filing). Assets: $3.1B.

#1,112
in Management of Enterprises (1,133 peers)
-5.3%
assets change YoY
31×
vs typical plan assets (national mean)

The plan reported a net loss of $179M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Pinnacle West Capital Corporation Retirement Plan's outsized position by total assets

Pinnacle West Capital Corporation Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$3,099,073,138 Highest reported value at or above every one of 123,620 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 2024

Pinnacle West Capital Corporation Retirement Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Pinnacle West Capital Corporation Retirement Plan lands in the large band (6,044 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Pinnacle West Capital Corporation Retirement Plan reported net income fell from $43M in the plan year 2023 filing to -$179M in the plan year 2024 filing.
  • Pinnacle West Capital Corporation Retirement Plan end-of-year assets fell from $3.3B in the plan year 2023 filing to $3.1B in the plan year 2024 filing.
  • Pinnacle West Capital Corporation Retirement Plan reported participants rose from 5,824 in the plan year 2023 filing to 6,044 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 860512431 · Pinnacle West Capital Corporation PY 2024 · Defined Benefit (Pension)

Pinnacle West Capital Corporation Retirement Plan · $3.1B · 6,044 · 100th

  • EIN $3.1B
  • RANK 6,044
  • PHOTO 100th
  • IND Defined Benefit (Pension)
  • EOY near Kpmg Pension Plan
  • 5500 ind #1112

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 Management of Enterprises retirement plans → · Plans in Arizona →

Pinnacle West Capital Corporation Retirement Plan in the asset neighbourhood

American International Group, Inc. Retirement PlanAmerican International Group…$3.1BHighmark Retirement Plan$3.1BPinnacle West Capital Corporation Retirement PlanPinnacle West Capital Corpor…$3.1BKpmg Pension Plan$3.1BOperating Engineers Pension TrustOperating Engineers Pension …$3.1B
End-of-year total assets ($B) among Pinnacle West Capital Corporation Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Arizona filing particulars

Total Assets (Beginning of Year)$3.3B
Net Assets (End of Year)$3.1B
Net Income-$179M
Employer EIN860512431
Plan Effective Date1987-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Pinnacle West Capital Corporation)

Sponsor-wide plan assets over time

All Pinnacle West Capital Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$4.7B 4.557298513921737% vs 2022
2024 filing year
$4.4B$4.5B$4.6B$4.7B$4.8B 202220232024 $4.51B $4.72B ▲ +4.7%
Year Plans Participants Total Assets
2022 2 11,684 $4.5B
2023 2 11,644 $4.7B
2024 2 12,129 $4.7B

Nearby Defined Benefit (Pension) Plans in Arizona

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

Pinnacle West Capital Corporation Retirement Plan vs. nearby Defined Benefit (Pension) plans in Arizona, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 01234 Total assets ($B) Participants Pinnacle West Capital Corporation Retirement Plan, Total assets ($B): 3.099073138 · Participants: 6044Pinnacle West Capital Corporation Retirement PlanSalt River Project Employees' Retirement Plan, Total assets ($B): 2.908519301 · Participants: 4989Salt River Project Employees' Retirement PlanDesert States Employers & Ufcw Unions Pension Plan, Total assets ($B): 1.037847285 · Participants: 24099Desert States Employers & Ufcw Unions Pension PlanAvnet Pension Plan, Total assets ($B): 0.472409413 · Participants: 2732Avnet Pension PlanArizona Pipe Trades Pension Plan, Total assets ($B): 0.418546411 · Participants: 2281Arizona Pipe Trades Pension PlanLiberty Utilities Defined Benefit Pension Plan, Total assets ($B): 0.405330549 · Participants: 578Liberty Utilities Defined Benefit Pension Plan
Pinnacle West Capital Corporation Retirement Plan vs. nearby Defined Benefit (Pension) plans in Arizona, assets vs. participants
Compare Pinnacle West Capital Corporation Retirement Plan side-by-side with 3 peers →

Scale composition for Pinnacle West Capital Corporation Retirement Plan

Pinnacle West Capital Corporation Retirement Plan reports $3.1B in end-of-year assets across 6,044 participants (0.025% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $512,752 per participant (3.7x the national average assets-per-participant) . Net income for plan year 2024 was -$179M.

This plan identity (EIN 860512431, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $3.2B to $3.1B (-3.7%) while covered participants moved from 5,840 to 6,044 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 5,840 $3.2B Open filing
2023 5,824 $3.3B Open filing
2024 · index core 6,044 $3.1B This page

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Pinnacle West Capital Corporation Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Arizona, the nearest Defined Benefit (Pension) by assets is Kpmg Pension Plan in NJ ($3.1B); by covered participants it is Division 1181 Atu - Ny Employees Pension Fund and Plan in NY (6,025 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($3.1B here).

Similar participant headcount

Nearest other-state filings by covered participants (6,044 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Pinnacle West Capital Corporation Retirement Plan assets move in 2024? ▼
Pinnacle West Capital Corporation Retirement Plan pulled back noticeably - down 5.3% during 2024, from $3.3B to $3.1B. Reported net income was -$179M.
How have Pinnacle West Capital Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Pinnacle West Capital Corporation's sponsor-wide assets grew 4.6%, from $4.5B to $4.7B.
Where does Pinnacle West Capital Corporation Retirement Plan rank by assets among Form 5500 filers? ▼
Pinnacle West Capital Corporation Retirement Plan ranks in the 100th percentile by end-of-year assets among 123,622 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 Pinnacle West Capital Corporation Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Kpmg Pension Plan in NJ ($3.1B, 20,564 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Pinnacle West Capital Corporation Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Division 1181 Atu - Ny Employees Pension Fund and Plan in NY (6,025 participants, $825M in assets).

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 860512431.

Read our methodology - how this data is sourced, computed, and verified.

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