Defined Benefit (Pension) · DOL Form 5500 · 2024

Pitney Bowes Inc. Pension Plan

Data updated 2026-08-25

$959M
Total assets Above avg plan size
858
Participants Near avg headcount
98th
Percentile by assets National rank
$1.1M
Avg per participant High balance/head
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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.

  • #17,288 in Manufacturing (17,777 peers)

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.

#17,288
in Manufacturing (17,777 peers)
-16.9%
assets change YoY
9.6×
vs typical plan assets (national mean)

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.

Pitney Bowes Pension Plan's outsized position by total assets

Pitney Bowes Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$958,811,677 Top 2% higher than 98% of 123,620 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Pitney Bowes Pension Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Pitney Bowes Pension Plan sits mid-pack in the medium band (858 participants).

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 2022→2024 release diff →

EBSA filing schedule strip

Filing strip 060495050 · Pitney Bowes Inc. PY 2024 · Defined Benefit (Pension)

Pitney Bowes Pension Plan · $959M · 858 · 98th

  • TYPE $959M
  • NET 858
  • BOOK 98th
  • VS-ST Defined Benefit (Pension)
  • BOY near Shands Healthcare Pension Plan II
  • SCH ind #17288

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 Manufacturing retirement plans → · Plans in Connecticut →

Pitney Bowes Pension Plan in the asset neighbourhood

Employees' Cash Balance Plan of Atlantic Health System, Inc.Employees' Cash Balance Plan…$965MPipefitters Union Local No. 537 Pension FundPipefitters Union Local No. …$962MMutual of Omaha Retirement Income PlanMutual of Omaha Retirement I…$960MPitney Bowes Pension Plan$959MShands Healthcare Pension Plan IIShands Healthcare Pension Pl…$958M
End-of-year total assets ($M) among Pitney Bowes Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

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.)

Sponsor-wide plan assets over time

All Pitney Bowes Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$2.7B 0.059476885027658265% vs 2022
2024 filing year
$1.5B$2B$2.5B$3B 202220232024 $2.69B $2.7B ▲ +0.4%
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 Scatter plot of 6 data points. -10000010000200003000040000 -1001020304050 Total assets ($B) Participants Pitney Bowes Pension Plan, Total assets ($B): 0.958811677 · Participants: 858Pitney Bowes Pension PlanRtx Consolidated Pension Plan, Total assets ($B): 41.643558189 · Participants: 36180Rtx Consolidated Pension PlanThe Citigroup Pension Plan, Total assets ($B): 9.993084827 · Participants: 15906The Citigroup Pension PlanEversource Pension Plan, Total assets ($B): 5.763055773 · Participants: 3428Eversource Pension PlanRetirement Plan for Employees of Aetna Inc., Total assets ($B): 5.242514983 · Participants: 9682Retirement Plan for Employees of Aetna Inc.The Hartford Retirement Plan for U.S. Employees, Total assets ($B): 3.395288837 · Participants: 7034The Hartford Retirement Plan for U.S. Employees
Pitney Bowes Pension Plan vs. nearby Defined Benefit (Pension) plans in Connecticut, assets vs. participants
Compare Pitney Bowes Pension Plan side-by-side with 3 peers →

Pitney Bowes Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Connecticut, the nearest Defined Benefit (Pension) by assets is Shands Healthcare Pension Plan II in FL ($958M); by covered participants it is The Neiman Marcus Group LLC Retirement Plan in TX (858 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($959M here).

Similar participant headcount

Nearest other-state filings by covered participants (858 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

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 123,622 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 Shands Healthcare Pension Plan II in FL ($958M, 2,264 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Pitney Bowes Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is The Neiman Marcus Group LLC Retirement Plan in TX (858 participants, $330M in assets).

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.

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