Defined Benefit (Pension) · DOL Form 5500 · 2024
New York Life Insurance Company Pension Plan
Data updated 2026-08-11
- $4.0B
- Total assets
- 9,376
- Participants
- 100th
- Percentile by assets
- $421,468
- Avg per participant
Official DOL plan name: New York Life Insurance Company Pension Plan · Sponsored by New York Life Insurance Company · New York · Finance & Insurance
$4.0B in assets, 9,376 participants
New York Life Insurance Company's New York Life Insurance Company Pension Plan reported $4.0B in total assets and 9,376 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 123,622 plans)
- #8,480 in Finance & Insurance (8,549 peers)
Coverage in New York
New York Life Insurance Company Pension Plan covers 9,376 participants in New York, 12x the typical New York plan (state average ~798 per filing). Assets: $4.0B.
- $4.0B
- total plan assets (2024 EOY)
- 9,376
- covered participants
- 100th
- percentile by assets (of 123,622 plans)
- $421,468
- avg assets per participant
The plan reported a net loss of $143M 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
- New York Life Insurance Company Pension Plan reported net income fell from $187M in the plan year 2023 filing to -$143M in the plan year 2024 filing.
- New York Life Insurance Company Pension Plan end-of-year assets fell from $4.1B in the plan year 2023 filing to $4.0B in the plan year 2024 filing.
- New York Life Insurance Company Pension Plan reported participants fell from 9,463 in the plan year 2023 filing to 9,376 in the plan year 2024 filing.
Participants vs New York filers
In New York, the average filing covers about 798 participants across 9,061 plans. New York Life Insurance Company Pension Plan reports 9,376 participants - 12x that state average ($4.0B EOY assets).
New York filing particulars
| Total Assets (Beginning of Year) | $4.1B |
|---|---|
| Net Assets (End of Year) | $4.0B |
| Net Income | -$143M |
| Employer EIN | 135582869 |
| Plan Effective Date | 1959-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (New York Life Insurance Company)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 36,622 | $8.1B |
| 2023 | 4 | 44,938 | $12.9B |
| 2024 | 4 | 45,855 | $13.3B |
Nearby Defined Benefit (Pension) Plans in New York
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
New York Life Insurance Company Pension Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants
- IBM Personal Pension Plan $17.9B · 48,014
- 1199seiu Health Care Employees Pension Fund $16.9B · 111,833
- Consolidated Edison Retirement Plan $15.6B · 10,608
- Pfizer Consolidated Pension Plan $10.0B · 8,876
- GE Energy Pension Plan $8.9B · 5,829
Scale composition for New York Life Insurance Company Pension Plan
New York Life Insurance Company Pension Plan reports $4.0B in end-of-year assets across 9,376 participants (0.032% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.010% of 93,925,755 covered participants) - about $421,468 per participant (3.0x the national average assets-per-participant) . Net income for plan year 2024 was -$143M.
This plan identity (EIN 135582869, plan #001) has 2 Form 5500 filings on file from 2023 to 2024 , with end-of-year assets moving from $4.1B to $4.0B (-3.5%) while covered participants moved from 9,463 to 9,376 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2023 | 9,463 | $4.1B | Open filing |
| 2024 · index core | 9,376 | $4.0B | This page |
The same sponsor also keeps 3 other index-core plans on PlainRetire:
- New York Life Insurance Company Employee Progress Sharing Investment Plan (401(k), $5.0B, 12,949 participants)
- Nylic Retirement Plan (Defined Benefit (Pension), $3.1B, 12,292 participants)
- New York Life Insurance Company Agents Progress- Sharing Investment Plan (401(k), $1.2B, 11,238 participants)
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to New York Life Insurance Company Pension Plan by total assets, not by location.
- Northwest Airlines Pension Plan for Contract Employees (GA) $4.0B · 6,579
- Ohio Operating Engineers Pension Plan (OH) $3.9B · 10,387
- Bert Bell/Pete Rozelle Nfl Player Retirement Plan (MD) $4.0B · 2,463
- Lucent Technologies Inc. Pension Plan (NJ) $4.0B · N/A
Frequently Asked Questions
How did New York Life Insurance Company Pension Plan assets move in 2024? ▼
How have New York Life Insurance Company plan assets changed over time? ▼
Where does New York Life Insurance Company Pension Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to New York Life Insurance Company Pension Plan? ▼
Next read for New York Life Insurance Company Pension …
Filing takeaways
Ways to act on New York Life Insurance Company Pension Plan's numbers.
- By total assets, New York Life Insurance Company Pension 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 New York. Compare plans
- New York Life Insurance Company's sponsor-wide assets have grown 63.2% since 2022 across 3 plan years on file. More Finance & Insurance plans