Defined Benefit (Pension) · DOL Form 5500 · 2024

Pitney Bowes Inc. Pension Plan

Data updated 2026-08-06

$959M
Total assets
858
Participants
98th
Percentile by assets
$1.1M
Avg per participant
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Official DOL plan name: Pitney Bowes Pension Plan · Sponsored by Pitney Bowes Inc. · Connecticut · Manufacturing

$959M in assets, 858 participants

Pitney Bowes Inc.'s Pitney Bowes Pension Plan reported $959M in total assets and 858 participants in its 2024 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 116,472 plans)

Where Pitney Bowes Pension Plan sits by assets

Pitney Bowes Pension Plan sits in the top 5% of all filed plans by assets, $959M for 858 participants (~$1.1M/participant), down 16.9% in 2024.

$959M
total plan assets (2024 EOY)
858
covered participants
98th
percentile by assets (of 116,472 plans)
$1.1M
avg assets per participant

The plan reported a net loss of $195M 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 2022 → plan year 2024

  • Pitney Bowes Pension Plan reported net income rose from -$388M in the plan year 2022 filing to -$195M in the plan year 2024 filing.
  • Pitney Bowes Pension Plan reported participants fell from 1,049 in the plan year 2022 filing to 858 in the plan year 2024 filing.
  • Pitney Bowes Pension Plan end-of-year assets fell from $1.2B in the plan year 2022 filing to $959M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Pitney Bowes Pension Plan vs the 2024 asset distribution

By assets, Pitney Bowes Pension Plan outranks 98% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 9.6x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$1.2B
Net Assets (End of Year)$958M
Net Income-$195M
Employer EIN060495050
Plan Effective Date1948-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Pitney Bowes Inc.)

$1.5B$2B$2.5B$3B 202220232024 $2.69B $2.7B ▲ +0.4%
Total plan assets by year, all Pitney Bowes Inc. plans on file
Year Plans Participants Total Assets
2022 3 10,796 $2.7B
2023 1 9,600 $1.7B
2024 2 9,812 $2.7B

Nearby Defined Benefit (Pension) Plans in Connecticut

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

Pitney Bowes Pension Plan vs. nearby Defined Benefit (Pension) plans in Connecticut, assets vs. participants

Pitney Bowes Pension Plan vs. nearby Defined Benefit (Pension) plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -1001020304050 Total assets ($B) Participants Pitney Bowes Pension…Rtx Consolidated Pen…The Citigroup Pensio…Eversource Pension P…Retirement Plan for …The Hartford Retirem…
Pitney Bowes Pension Plan vs. nearby Defined Benefit (Pension) plans in Connecticut, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Pitney Bowes Pension Plan by total assets, not by location.

Frequently Asked Questions

How did Pitney Bowes Pension Plan assets move in 2024?
Pitney Bowes Pension Plan declined sharply - down 16.9% during 2024, from $1.2B to $959M. Reported net income was -$195M.
How have Pitney Bowes Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Pitney Bowes Inc.'s sponsor-wide assets grew 0.1%, from $2.7B to $2.7B.
Where does Pitney Bowes Pension Plan rank by assets among Form 5500 filers?
Pitney Bowes Pension Plan ranks in the 98th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Pitney Bowes Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Mutual of Omaha Retirement Income Plan in NE ($960M, 415 participants).

Scale reading

Ways to act on Pitney Bowes Pension Plan's numbers.

  • By total assets, Pitney Bowes Pension Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Connecticut. Compare plans
  • Pitney Bowes Inc.'s sponsor-wide assets have grown 0.1% since 2022 across 3 plan years on file. More Manufacturing 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 060495050.

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