Defined Benefit (Pension) · DOL Form 5500 · 2024

Pinnacle West Capital Corporation Pension Plan

Data updated 2026-07-24

$3.1B
Total assets: 6,044
Participants: 100th
Percentile by assets: $512,752
Avg per participant

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.

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

Coverage in Arizona

Pinnacle West Capital Corporation Retirement Plan covers 6,044 participants in Arizona, 10x the typical Arizona plan (state average ~577 per filing). Assets: $3.1B.

$3.1B
total plan assets (2024 EOY): 6,044
covered participants: 100th
percentile by assets (of 116,472 plans): $512,752
avg assets per participant

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 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 →

State

Arizona

Industry

Management of Enterprises

Participants vs Arizona filers

In Arizona, the average filing covers about 577 participants across 2,182 plans. Pinnacle West Capital Corporation Retirement Plan reports 6,044 participants - 10x that state average ($3.1B EOY assets).

Arizona filing particulars

Total Assets (Beginning of Year)	$3.3B
Net Assets (End of Year)	$3.1B
Net Income	-$179M
Employer EIN	860512431
Plan Effective Date	1987-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Pinnacle West Capital Corporation)

Total plan assets by year, all Pinnacle West Capital Corporation plans on file

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

Salt River Project Employees' Retirement Plan $2.9B · 4,989
Desert States Employers & Ufcw Unions Pension Plan $1.0B · 24,099
Avnet Pension Plan $472M · 2,732
Liberty Utilities Defined Benefit Pension Plan $405M · 578
Tucson Electric Power Company Salaried Employees Retirement Plan $267M · 846

Compare Pinnacle West Capital Corporation Retire… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Pinnacle West Capital Corporation Retirement Plan by total assets, not by location.

Kpmg Pension Plan (NJ) $3.1B · 20,564
Highmark Retirement Plan (PA) $3.1B · 13,824
American International Group, Inc. Retirement Plan (NY) $3.1B · 3,424
Operating Engineers Pension Trust (CA) $3.1B · 11,247

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 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 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).

Next read for Pinnacle West Capital Corporation Retire…

Filing takeaways

Ways to act on Pinnacle West Capital Corporation Retirement Plan's numbers.

By total assets, Pinnacle West Capital Corporation Retirement Plan 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 Arizona. Compare plans
Pinnacle West Capital Corporation's sponsor-wide assets have grown 4.6% since 2022 across 3 plan years on file. More Management of Enterprises 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 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.