Defined Benefit (Pension) · DOL Form 5500 · 2024
New York Life Insurance Company Pension Plan
Data updated 2026-08-25
- $3.1B
- Total assets Very large vs avg
- 12,292
- Participants Very large workforce
- 100th
- Percentile by assets National rank
- $255,681
- Avg per participant Above avg balance/head
Official DOL plan name: Nylic Retirement Plan · Sponsored by New York Life Insurance Company · New York · Finance & Insurance
$3.1B in assets, 12,292 participants
New York Life Insurance Company's Nylic Retirement Plan reported $3.1B in total assets and 12,292 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.
- #8,457 in Finance & Insurance (8,549 peers)
Coverage in New York
Nylic Retirement Plan covers 12,292 participants in New York, 15x the typical New York plan (state average ~798 per filing). Assets: $3.1B.
- #8,457
- in Finance & Insurance (8,549 peers)
- -1.9%
- assets change YoY
- 32×
- vs typical plan assets (national mean)
The plan reported a net loss of $60M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Nylic Retirement Plan's outsized position by total assets
Nylic Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$3,142,834,345 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
Nylic 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. Nylic Retirement Plan is a mega filing (12,292 participants), the rightmost band on the breakdown.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Nylic Retirement Plan reported net income fell from $103M in the plan year 2023 filing to -$60M in the plan year 2024 filing.
- Nylic Retirement Plan reported participants rose from 11,867 in the plan year 2023 filing to 12,292 in the plan year 2024 filing.
- Nylic Retirement Plan end-of-year assets fell from $3.2B in the plan year 2023 filing to $3.1B in the plan year 2024 filing.
Plan-year Form 5500 strip
Filing strip 135582869 · New York Life Insurance Company PY 2024 · Defined Benefit (Pension)
Nylic Retirement Plan · $3.1B · 12,292 · 100th
- SCH $3.1B
- EBSA 12,292
- PART 100th
- TYPE Defined Benefit (Pension)
- NET near Georgia-Pacific LLC Hourly Pension Plan
- BOOK ind #8457
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 Finance & Insurance retirement plans → · Plans in New York →
Nylic Retirement Plan in the asset neighbourhood
New York filing particulars
| Total Assets (Beginning of Year) | $3.2B |
|---|---|
| Net Assets (End of Year) | $3.1B |
| Net Income | -$60M |
| Employer EIN | 135582869 |
| Plan Effective Date | 1982-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (New York Life Insurance Company)
Sponsor-wide plan assets over time
All New York Life Insurance Company plans reported in each filing year
- Latest sponsor-wide plan assets
- $13.3B 63.179526029500806% vs 2022
- 2024 filing year
| 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.
- 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 Nylic Retirement Plan
Nylic Retirement Plan reports $3.1B in end-of-year assets across 12,292 participants (0.026% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.013% of 93,925,755 covered participants) - about $255,681 per participant (1.8x the national average assets-per-participant) . Net income for plan year 2024 was -$60M.
This plan identity (EIN 135582869, plan #005) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $3.1B to $3.1B (+1.4%) while covered participants moved from 12,315 to 12,292 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 12,315 | $3.1B | Open filing |
| 2023 | 11,867 | $3.2B | Open filing |
| 2024 · index core | 12,292 | $3.1B | 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)
- New York Life Insurance Company Pension Plan (Defined Benefit (Pension), $4.0B, 9,376 participants)
- New York Life Insurance Company Agents Progress- Sharing Investment Plan (401(k), $1.2B, 11,238 participants)
Nylic Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside New York, the nearest Defined Benefit (Pension) by assets is Georgia-Pacific LLC Hourly Pension Plan in GA ($3.2B); by covered participants it is Cigna Pension Plan in PA (12,279 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($3.1B here).
- Georgia-Pacific LLC Hourly Pension Plan (GA) $3.2B · 7,127
- Highmark Retirement Plan (PA) $3.1B · 13,824
- Pinnacle West Capital Corporation Retirement Plan (AZ) $3.1B · 6,044
- Kpmg Pension Plan (NJ) $3.1B · 20,564
Similar participant headcount
Nearest other-state filings by covered participants (12,292 participants); asset peers above are excluded.
- Cigna Pension Plan (PA) 12,279 · 13 off
- Wellstar Health System, Inc. Active Employees Retirement Plan B (GA) 12,371 · 79 off
- Firstenergy Corp. Master Pension Plan (OH) 12,187 · 105 off
- Eastern Atlantic States Carpenters Pension Fund (PA) 12,421 · 129 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.