Defined Benefit (Pension) · DOL Form 5500 · 2024

Altria Client Services LLC Pension Plan

Data updated 2026-08-25

$6.4B
Total assets Very large vs avg
2,132
Participants Near avg headcount
100th
Percentile by assets National rank
$3.0M
Avg per participant High balance/head
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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.

  • #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.

#17,681
in Manufacturing (17,777 peers)
-3.5%
assets change YoY
64×
vs typical plan assets (national mean)

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.

Altria Retirement Plan's outsized position by total assets

Altria Retirement Plan vs every filed plan by assets

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

$6,426,120,000 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

Altria 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. Altria Retirement Plan lands in the large band (2,132 participants).

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.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 472929146 · Altria Client Services LLC PY 2024 · Defined Benefit (Pension)

Altria Retirement Plan · $6.4B · 2,132 · 100th

  • EOY $6.4B
  • 5500 2,132
  • ASSETS 100th
  • PCT Defined Benefit (Pension)
  • EIN near Mid-America Carpenters Regional Council Pension Fund
  • RANK ind #17681

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 Virginia →

Altria Retirement Plan in the asset neighbourhood

Bakery & Confectionery Union & Industry International Pension FundBakery & Confectionery Union…$6.6BSouthern California Ufcw Unions and Food Employers Joint Pension Trust FundSouthern California Ufcw Uni…$6.5BFirstenergy Corp. Master Pension PlanFirstenergy Corp. Master Pen…$6.5BAltria Retirement Plan$6.4BMid-America Carpenters Regional Council Pension FundMid-America Carpenters Regio…$6.4B
End-of-year total assets ($B) among Altria Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Virginia filing particulars

Total Assets (Beginning of Year)$6.7B
Net Assets (End of Year)$6.4B
Net Income-$231M
Employer EIN472929146
Plan Effective Date1978-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Altria Client Services LLC)

Sponsor-wide plan assets over time

All Altria Client Services LLC plans reported in each filing year

Latest sponsor-wide plan assets
$11.5B 3.8556916107691483% vs 2022
2024 filing year
$11B$11.2B$11.4B$11.6B 202220232024 $11.1B $11.5B ▲ +3.8%
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 Scatter plot of 6 data points. -20000020000400006000080000 5101520 Total assets ($B) Participants Altria Retirement Plan, Total assets ($B): 6.42612 · Participants: 2132Altria Retirement PlanNorthrop Grumman Pension Plan, Total assets ($B): 18.781759216 · Participants: 12678Northrop Grumman Pension PlanRetirement Security Plan, Total assets ($B): 11.481735153 · Participants: 56633Retirement Security PlanSheet Metal Workers' National Pension Fund, Total assets ($B): 8.902237059 · Participants: 63530Sheet Metal Workers' National Pension FundNg Space&mission Systems Corp Salaried Pension Pla, Total assets ($B): 8.398702873 · Participants: 6737Ng Space&mission Systems Corp Salaried Pension PlaDominion Energy Pension Plan, Total assets ($B): 8.332769083 · Participants: 11758Dominion Energy Pension Plan
Altria Retirement Plan vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants

Altria Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Virginia, the nearest Defined Benefit (Pension) by assets is Mid-America Carpenters Regional Council Pension Fund in IL ($6.4B); by covered participants it is Entergy Corporation Cash Balance Plan for Bargaining Employees in LA (2,133 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,132 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 Altria Retirement Plan assets move in 2024? ▼
Altria Retirement Plan edged down modestly - down 3.5% during 2024, from $6.7B to $6.4B. Reported net income was -$231M.
How have Altria Client Services LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Altria Client Services LLC's sponsor-wide assets grew 3.9%, from $11.1B to $11.5B.
Where does Altria Retirement Plan rank by assets among Form 5500 filers? ▼
Altria 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 Altria Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Mid-America Carpenters Regional Council Pension Fund in IL ($6.4B, 10,902 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Altria Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Entergy Corporation Cash Balance Plan for Bargaining Employees in LA (2,133 participants, N/A in assets).