Defined Benefit (Pension) · DOL Form 5500 · 2024
Eli Lilly and Company Pension Plan
Data updated 2026-08-25
- $11.8B
- Total assets Mega-plan scale
- 19,897
- Participants Very large workforce
- 100th
- Percentile by assets National rank
- $592,699
- Avg per participant High balance/head
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.
- #17,734 in Manufacturing (17,777 peers)
Coverage in Indiana
The Lilly Retirement Plan covers 19,897 participants in Indiana, 37x the typical Indiana plan (state average ~541 per filing). Assets: $11.8B.
- #17,734
- in Manufacturing (17,777 peers)
- +0.9%
- assets growth YoY
- 118×
- vs typical plan assets (national mean)
The Lilly Retirement Plan's outsized position by total assets
The Lilly Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$11,792,938,880 Highest reported value at or above every one of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
The Lilly Retirement Plan's mega-plan peer group by participant headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Lilly Retirement Plan is a mega filing (19,897 participants), the rightmost band on the breakdown.
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.
Published 5500 schedule card
Filing strip 350470950 · Eli Lilly and Company PY 2024 · Defined Benefit (Pension)
The Lilly Retirement Plan · $11.8B · 19,897 · 100th
- PHOTO $11.8B
- PHOTO 19,897
- PHOTO 100th
- PHOTO Defined Benefit (Pension)
- PHOTO near Mayo Pension Plan
- PHOTO ind #17734
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 Indiana →
The Lilly Retirement Plan in the asset neighbourhood
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)
Sponsor-wide plan assets over time
All Eli Lilly and Company plans reported in each filing year
- Latest sponsor-wide plan assets
- $24.8B 23.589524024807382% vs 2022
- 2024 filing year
| 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.
- 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
Scale composition for The Lilly Retirement Plan
The Lilly Retirement Plan reports $11.8B in end-of-year assets across 19,897 participants (0.096% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.021% of 93,925,755 covered participants) - about $592,699 per participant (4.3x the national average assets-per-participant) . Net income for plan year 2024 was $105M.
This plan identity (EIN 350470950, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $11.2B to $11.8B (+5.0%) while covered participants moved from 16,878 to 19,897 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 16,878 | $11.2B | Open filing |
| 2023 | 19,111 | $11.7B | Open filing |
| 2024 · index core | 19,897 | $11.8B | This page |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- The Lilly Employee 401(k) Plan (401(k), $13.1B, 19,977 participants)
The Lilly Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Indiana, the nearest Defined Benefit (Pension) by assets is Mayo Pension Plan in MN ($11.8B); by covered participants it is Carpenters Pension Trust Fund for Northern California in CA (19,919 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($11.8B here).
- Mayo Pension Plan (MN) $11.8B · 71,743
- Consolidated Cash Balance Program of Mass General Brigham and Member Organizations (MA) $11.6B · 60,621
- The Prudential Merged Retirement Plan (NJ) $12.0B · 16,233
- Exxonmobil Pension Plan (TX) $12.1B · 22,000
Similar participant headcount
Nearest other-state filings by covered participants (19,897 participants); asset peers above are excluded.
- Carpenters Pension Trust Fund for Northern California (CA) 19,919 · 22 off
- Oregon Retail Employees Pension Plan (OR) 19,961 · 64 off
- Oregon Retail Employees Pension Plan (OR) 19,775 · 122 off
- Penske Cash Balance Benefit Plan (PA) 20,195 · 298 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.