Defined Benefit (Pension) · DOL Form 5500 · 2024

Panasonic Corporation of North America Pension Plan

Data updated 2026-08-25

$247M
Total assets Near avg plan size
188
Participants Below avg headcount
95th
Percentile by assets National rank
$1.3M
Avg per participant High balance/head
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Official DOL plan name: Panasonic Pension Plan · Sponsored by Panasonic Corporation of North America · New Jersey · Wholesale Trade

$247M in assets, 188 participants

Panasonic Corporation of North America's Panasonic Pension Plan reported $247M in total assets and 188 participants in its 2024 DOL Form 5500 filing, ranking in the 95th 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.

  • #5,863 in Wholesale Trade (6,080 peers)

Coverage in New Jersey

Panasonic Pension Plan covers 188 participants in New Jersey, about 22% of the average New Jersey filer (state average ~844 per filing). Assets: $247M.

#5,863
in Wholesale Trade (6,080 peers)
-8.3%
assets change YoY
2.5×
vs typical plan assets (national mean)

The plan reported a net loss of $22M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Panasonic Pension Plan's outsized position by total assets

Panasonic Pension Plan vs every filed plan by assets

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

$246,657,061 Top 5% higher than 95% 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

Panasonic Pension Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Panasonic Pension Plan sits mid-pack in the medium band (188 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Panasonic Pension Plan reported net income fell from -$1M in the plan year 2023 filing to -$22M in the plan year 2024 filing.
  • Panasonic Pension Plan reported participants fell from 209 in the plan year 2023 filing to 188 in the plan year 2024 filing.
  • Panasonic Pension Plan end-of-year assets fell from $269M in the plan year 2023 filing to $247M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 362786846 · Panasonic Corporation of North America PY 2024 · Defined Benefit (Pension)

Panasonic Pension Plan · $247M · 188 · 95th

  • EIN $247M
  • EIN 188
  • EIN 95th
  • EIN Defined Benefit (Pension)
  • EIN near Capital One Financial Corporation Cash Balance Pension Plan
  • EIN ind #5863

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 Wholesale Trade retirement plans → · Plans in New Jersey →

Panasonic Pension Plan in the asset neighbourhood

Laborers Local Union No. 158 Pension PlanLaborers Local Union No. 158…$247MCapital One Financial Corporation Cash Balance Pension PlanCapital One Financial Corpor…$247MPanasonic Pension Plan$247MLocal 697 I.B.E.W. and Electrical Industry Pension PlanLocal 697 I.B.E.W. and Elect…$246MHilton Hotels Retirement Plan$246M
End-of-year total assets ($M) among Panasonic Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

New Jersey filing particulars

Total Assets (Beginning of Year)$269M
Net Assets (End of Year)$247M
Net Income-$22M
Employer EIN362786846
Plan Effective Date1962-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Panasonic Corporation of North America)

Sponsor-wide plan assets over time

All Panasonic Corporation of North America plans reported in each filing year

Latest sponsor-wide plan assets
$1.9B 18.59910343115878% vs 2022
2024 filing year
$1.5B$1.6B$1.7B$1.8B$1.9B$2B 202220232024 $1.6B $1.9B ▲ +18.7%
Year Plans Participants Total Assets
2022 2 9,705 $1.6B
2023 2 9,514 $1.9B
2024 2 9,850 $1.9B

Nearby Defined Benefit (Pension) Plans in New Jersey

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

Panasonic Pension Plan vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -50510152025 Total assets ($B) Participants Panasonic Pension Plan, Total assets ($B): 0.246657061 · Participants: 188Panasonic Pension PlanRetirement Plan of Johnson and Johnson, Total assets ($B): 21.095569114 · Participants: 37882Retirement Plan of Johnson and JohnsonJPMorgan Chase Retirement Plan, Total assets ($B): 16.066557714 · Participants: 83812JPMorgan Chase Retirement PlanNokia Retirement Income Plan, Total assets ($B): 12.855309 · Participants: 7280Nokia Retirement Income PlanThe Prudential Merged Retirement Plan, Total assets ($B): 12.025028912 · Participants: 16233The Prudential Merged Retirement PlanMerck US Pension Plan, Total assets ($B): 10.090083286 · Participants: 26843Merck US Pension Plan
Panasonic Pension Plan vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants
Compare Panasonic Pension Plan side-by-side with 3 peers →

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

Outside New Jersey, the nearest Defined Benefit (Pension) by assets is Capital One Financial Corporation Cash Balance Pension Plan in VA ($247M); by covered participants it is Gannett Retirement Plan for Certain Union Employees in NY (188 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (188 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 Panasonic Pension Plan assets move in 2024? ▼
Panasonic Pension Plan pulled back noticeably - down 8.3% during 2024, from $269M to $247M. Reported net income was -$22M.
How have Panasonic Corporation of North America plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Panasonic Corporation of North America's sponsor-wide assets grew 18.6%, from $1.6B to $1.9B.
Where does Panasonic Pension Plan rank by assets among Form 5500 filers? ▼
Panasonic Pension Plan ranks in the 95th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Panasonic Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Capital One Financial Corporation Cash Balance Pension Plan in VA ($247M, 550 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Panasonic Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Gannett Retirement Plan for Certain Union Employees in NY (188 participants, $10M 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 362786846.

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.