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
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.
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 EIN | 060495050 |
| Plan Effective Date | 1948-05-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Pitney Bowes Inc.)
| 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
- Rtx Consolidated Pension Plan $41.6B · 36,180
- The Citigroup Pension Plan $10.0B · 15,906
- Eversource Pension Plan $5.8B · 3,428
- Retirement Plan for Employees of Aetna Inc. $5.2B · 9,682
- The Hartford Retirement Plan for U.S. Employees $3.4B · 7,034
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.
- Mutual of Omaha Retirement Income Plan (NE) $960M · 415
- Pipefitters Union Local No. 537 Pension Fund (MA) $962M · 2,310
- Employees' Cash Balance Plan of Atlantic Health System, Inc. (NJ) $965M · 5,100
- Local 580 Pension Fund (NY) $953M · 1,516
Frequently Asked Questions
How did Pitney Bowes Pension Plan assets move in 2024? ▼
How have Pitney Bowes Inc. plan assets changed over time? ▼
Where does Pitney Bowes Pension Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Pitney Bowes Pension Plan? ▼
Next read for Pitney Bowes Pension Plan
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.
Read our methodology - how this data is sourced, computed, and verified.