Defined Benefit (Pension)
2024 plan-year Defined Benefit (Pension) DOL Form 5500

Philip Morris International Retirement Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Pmi Global Services Inc. · Connecticut · Management of Enterprises

What the 2023 filing shows

Philip Morris International Retirement Plan holds $267M for 32 participants — about $8.3M per participant, down 3.3% over the 2024 plan year.

$267M
total plan assets (2024 EOY)
32
covered participants
$8.3M
avg assets per participant
-3.3%
assets change YoY

The plan reported a net loss of $9M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$267M
Participants
32
State
Industry
Management of Enterprises

What the Filing Says About Philip Morris International Retirement Plan

Philip Morris International Retirement Plan is a Defined Benefit (Pension) retirement plan sponsored by Pmi Global Services Inc., headquartered in Connecticut. As of the 2024 Form 5500 filing, the plan reports $267M in total end-of-year assets and covers 32 participants across the Management of Enterprises industry. The sponsor's EIN on file with the U.S. Department of Labor is 030494952, and the plan has been effective since 2008-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $276M at the beginning of 2024 to $267M at year-end — a decline of 3.3%. Net assets (after liabilities) closed the year at $266M, with reported net income of $-9,091,627 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$276M
Total Assets (End of Year)$267M
Net Assets (End of Year)$266M
Net Income$-9,091,627
Plan TypeDefined Benefit (Pension)
Employer EIN030494952
Plan Effective Date2008-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Pmi Global Services Inc.)

Year Plans Participants Total Assets
2022 2 219 $540M
2023 2 297 $557M
2024 2 333 $570M

Nearby Defined Benefit (Pension) Plans in Connecticut

Peer Defined Benefit (Pension) plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the Philip Morris International Retirement Plan?
As of the 2024 Form 5500 filing, Philip Morris International Retirement Plan holds $267M in total assets with 32 participants. It is sponsored by Pmi Global Services Inc..
What type of plan is Philip Morris International Retirement Plan?
Philip Morris International Retirement Plan is a Defined Benefit (Pension) plan. It has been effective since 2008-01-01. The plan is filed with the U.S. Department of Labor under EIN 030494952.
Who sponsors the Philip Morris International Retirement Plan?
Philip Morris International Retirement Plan is sponsored by Pmi Global Services Inc., located in Connecticut. The sponsor's EIN is 030494952 and the plan operates in the Management of Enterprises industry.
How did Philip Morris International Retirement Plan perform in 2024?
Philip Morris International Retirement Plan declined by 3.3% during 2024, moving from $276M to $267M in total assets. Net income was $-9,091,627.
Where can I find official filings for Philip Morris International Retirement Plan?
Official Form 5500 filings for Philip Morris International Retirement Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 030494952 or plan name at efast.dol.gov.
How does Philip Morris International Retirement Plan compare to other plans?
You can compare Philip Morris International Retirement Plan against other Defined Benefit (Pension) plans on the plan type page, or view plans in Connecticut on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 030494952.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.