Defined Benefit (Pension) · DOL Form 5500 · 2024
Eli Lilly and Company Pension Plan
Data updated 2026-07-24
- $11.8B
- Total assets
- 19,897
- Participants
- 100th
- Percentile by assets
- $592,699
- Avg per participant
Official DOL plan name: The Lilly Retirement Plan · Sponsored by Eli Lilly and Company · Indiana · Manufacturing
$11.8B in assets, 19,897 participants
Eli Lilly and Company's The Lilly Retirement Plan reported $11.8B in total assets and 19,897 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 Indiana
The Lilly Retirement Plan covers 19,897 participants in Indiana, 36x the typical Indiana plan (state average ~555 per filing). Assets: $11.8B.
- $11.8B
- total plan assets (2024 EOY)
- 19,897
- covered participants
- 100th
- percentile by assets (of 116,472 plans)
- $592,699
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- The Lilly Retirement Plan reported net income fell from $456M in the plan year 2023 filing to $105M in the plan year 2024 filing.
- The Lilly Retirement Plan reported participants rose from 19,111 in the plan year 2023 filing to 19,897 in the plan year 2024 filing.
- The Lilly Retirement Plan end-of-year assets rose from $11.7B in the plan year 2023 filing to $11.8B in the plan year 2024 filing.
Participants vs Indiana filers
In Indiana, the average filing covers about 555 participants across 2,178 plans. The Lilly Retirement Plan reports 19,897 participants - 36x that state average ($11.8B EOY assets).
Indiana filing particulars
| Total Assets (Beginning of Year) | $11.7B |
|---|---|
| Net Assets (End of Year) | $11.8B |
| Net Income | $105M |
| Employer EIN | 350470950 |
| Plan Effective Date | 1944-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Eli Lilly and Company)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 32,485 | $20.1B |
| 2023 | 2 | 36,694 | $22.8B |
| 2024 | 2 | 39,874 | $24.8B |
Nearby Defined Benefit (Pension) Plans in Indiana
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
The Lilly Retirement Plan vs. nearby Defined Benefit (Pension) plans in Indiana, assets vs. participants
- Cummins Pension Plan $3.2B · 30,640
- Indiana Laborers Pension Fund $1.8B · 11,039
- Elevance Health Cash Balance Plan a $1.2B · 7,552
- Nisource Pension Plan $1.0B · 2,133
- National Basketball Association Players' Pension Plan $725M · 520
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to The Lilly Retirement Plan by total assets, not by location.
- Mayo Pension Plan (MN) $11.8B · 71,743
- The Prudential Merged Retirement Plan (NJ) $12.0B · 16,233
- Exxonmobil Pension Plan (TX) $12.1B · 22,000
- Retirement Security Plan (VA) $11.5B · 56,633
Frequently Asked Questions
How did The Lilly Retirement Plan assets move in 2024? ▼
How have Eli Lilly and Company plan assets changed over time? ▼
Where does The Lilly Retirement Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to The Lilly Retirement Plan? ▼
Next read for The Lilly Retirement Plan
Filing takeaways
Ways to act on The Lilly Retirement Plan's numbers.
- By total assets, The Lilly 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 Indiana. Compare plans
- Eli Lilly and Company's sponsor-wide assets have grown 23.6% since 2022 across 3 plan years on file. More Manufacturing 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 350470950.
Read our methodology - how this data is sourced, computed, and verified.