Defined Benefit (Pension) · DOL Form 5500 · 2024
New York Life Insurance Company Pension Plan
Data updated 2026-07-24
- $3.1B
- Total assets
- 12,292
- Participants
- 100th
- Percentile by assets
- $255,681
- Avg per participant
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.
- 100th percentile by assets (of 116,472 plans)
Coverage in New York
Nylic Retirement Plan covers 12,292 participants in New York, 15x the typical New York plan (state average ~795 per filing). Assets: $3.1B.
- $3.1B
- total plan assets (2024 EOY)
- 12,292
- covered participants
- 100th
- percentile by assets (of 116,472 plans)
- $255,681
- avg assets per participant
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.
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.
Participants vs New York filers
In New York, the average filing covers about 795 participants across 8,491 plans. Nylic Retirement Plan reports 12,292 participants - 15x that state average ($3.1B EOY assets).
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)
| 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.
Nylic Retirement 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
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Nylic Retirement Plan by total assets, not by location.
- 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
Frequently Asked Questions
How did Nylic Retirement Plan assets move in 2024? ▼
How have New York Life Insurance Company plan assets changed over time? ▼
Where does Nylic Retirement Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Nylic Retirement Plan? ▼
Next read for Nylic Retirement Plan
Filing takeaways
Ways to act on Nylic Retirement Plan's numbers.
- By total assets, Nylic 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 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
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 135582869.
Read our methodology - how this data is sourced, computed, and verified.