Defined Benefit (Pension) · DOL Form 5500 · 2024
Panasonic Corporation of North America Pension Plan
Data updated 2026-08-11
- $247M
- Total assets
- 188
- Participants
- 95th
- Percentile by assets
- $1.3M
- Avg per participant
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.
- 95th percentile by assets (of 123,622 plans)
- #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.
- $247M
- total plan assets (2024 EOY)
- 188
- covered participants
- 95th
- percentile by assets (of 123,622 plans)
- $1.3M
- avg assets per participant
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.
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.
Participants vs New Jersey filers
In New Jersey, the average filing covers about 844 participants across 4,145 plans. Panasonic Pension Plan reports 188 participants - about 22% of that state average ($247M EOY assets).
New Jersey filing particulars
| Total Assets (Beginning of Year) | $269M |
|---|---|
| Net Assets (End of Year) | $247M |
| Net Income | -$22M |
| Employer EIN | 362786846 |
| Plan Effective Date | 1962-04-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Panasonic Corporation of North America)
| 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
- Retirement Plan of Johnson and Johnson $21.1B · 37,882
- JPMorgan Chase Retirement Plan $16.1B · 83,812
- Nokia Retirement Income Plan $12.9B · 7,280
- The Prudential Merged Retirement Plan $12.0B · 16,233
- Merck US Pension Plan $10.1B · 26,843
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Panasonic Pension Plan by total assets, not by location.
- Capital One Financial Corporation Cash Balance Pension Plan (VA) $247M · 550
- Local 697 I.B.E.W. and Electrical Industry Pension Plan (IN) $246M · 876
- Hilton Hotels Retirement Plan (VA) $246M · 551
- Laborers Local Union No. 158 Pension Plan (PA) $247M · 1,558
Frequently Asked Questions
How did Panasonic Pension Plan assets move in 2024? ▼
How have Panasonic Corporation of North America plan assets changed over time? ▼
Where does Panasonic Pension Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Panasonic Pension Plan? ▼
Next read for Panasonic Pension Plan
Filing takeaways
Ways to act on Panasonic Pension Plan's numbers.
- By total assets, Panasonic Pension Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in New Jersey. Compare plans
- Panasonic Corporation of North America's sponsor-wide assets have grown 18.6% since 2022 across 3 plan years on file. More Wholesale Trade plans