Defined Benefit (Pension) · DOL Form 5500 · 2024
Altria Client Services LLC Pension Plan
Data updated 2026-08-11
- $6.4B
- Total assets
- 2,132
- Participants
- 100th
- Percentile by assets
- $3.0M
- Avg per participant
Official DOL plan name: Altria Retirement Plan · Sponsored by Altria Client Services LLC · Virginia · Manufacturing
$6.4B in assets, 2,132 participants
Altria Client Services LLC's Altria Retirement Plan reported $6.4B in total assets and 2,132 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 123,622 plans)
- #17,681 in Manufacturing (17,777 peers)
Coverage in Virginia
Altria Retirement Plan covers 2,132 participants in Virginia, 2.7x the typical Virginia plan (state average ~782 per filing). Assets: $6.4B.
- $6.4B
- total plan assets (2024 EOY)
- 2,132
- covered participants
- 100th
- percentile by assets (of 123,622 plans)
- $3.0M
- avg assets per participant
The plan reported a net loss of $231M 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
- Altria Retirement Plan reported net income fell from $151M in the plan year 2023 filing to -$231M in the plan year 2024 filing.
- Altria Retirement Plan reported participants fell from 2,242 in the plan year 2023 filing to 2,132 in the plan year 2024 filing.
- Altria Retirement Plan end-of-year assets fell from $6.7B in the plan year 2023 filing to $6.4B in the plan year 2024 filing.
Participants vs Virginia filers
In Virginia, the average filing covers about 782 participants across 3,655 plans. Altria Retirement Plan reports 2,132 participants - 2.7x that state average ($6.4B EOY assets).
Virginia filing particulars
| Total Assets (Beginning of Year) | $6.7B |
|---|---|
| Net Assets (End of Year) | $6.4B |
| Net Income | -$231M |
| Employer EIN | 472929146 |
| Plan Effective Date | 1978-09-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Altria Client Services LLC)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 8,149 | $11.1B |
| 2023 | 3 | 8,141 | $11.2B |
| 2024 | 3 | 8,161 | $11.5B |
Nearby Defined Benefit (Pension) Plans in Virginia
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Altria Retirement Plan vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants
- Northrop Grumman Pension Plan $18.8B · 12,678
- Retirement Security Plan $11.5B · 56,633
- Sheet Metal Workers' National Pension Fund $8.9B · 63,530
- Ng Space&mission Systems Corp Salaried Pension Pla $8.4B · 6,737
- Dominion Energy Pension Plan $8.3B · 11,758
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Altria Retirement Plan by total assets, not by location.
- Mid-America Carpenters Regional Council Pension Fund (IL) $6.4B · 10,902
- Firstenergy Corp. Master Pension Plan (OH) $6.5B · 12,187
- Southern California Ufcw Unions and Food Employers Joint Pension Trust Fund (CA) $6.5B · 54,456
- Bakery & Confectionery Union & Industry International Pension Fund (MD) $6.6B · 14,954
Frequently Asked Questions
How did Altria Retirement Plan assets move in 2024? ▼
How have Altria Client Services LLC plan assets changed over time? ▼
Where does Altria Retirement Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Altria Retirement Plan? ▼
Next read for Altria Retirement Plan
Filing takeaways
Ways to act on Altria Retirement Plan's numbers.
- By total assets, Altria 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 Virginia. Compare plans
- Altria Client Services LLC's sponsor-wide assets have grown 3.9% since 2022 across 3 plan years on file. More Manufacturing plans