Defined Benefit (Pension) · DOL Form 5500 · 2024

Nestle USA, Inc. Pension Plan

Data updated 2026-08-06

$524M
Total assets
6,283
Participants
97th
Percentile by assets
$83,356
Avg per participant
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Official DOL plan name: Nestle Hourly Retirement Plan · Sponsored by Nestle USA, Inc. · Ohio · Manufacturing

$524M in assets, 6,283 participants

Nestle USA, Inc.'s Nestle Hourly Retirement Plan reported $524M in total assets and 6,283 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 116,472 plans)
  • #16,151 in Manufacturing (16,886 peers)

Coverage in Ohio

Nestle Hourly Retirement Plan covers 6,283 participants in Ohio, 8.0x the typical Ohio plan (state average ~787 per filing). Assets: $524M.

$524M
total plan assets (2024 EOY)
6,283
covered participants
97th
percentile by assets (of 116,472 plans)
$83,356
avg assets per participant

The plan reported a net loss of $43M 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

  • Nestle Hourly Retirement Plan reported net income fell from $13M in the plan year 2023 filing to -$43M in the plan year 2024 filing.
  • Nestle Hourly Retirement Plan reported participants rose from 3,185 in the plan year 2023 filing to 6,283 in the plan year 2024 filing.
  • Nestle Hourly Retirement Plan end-of-year assets fell from $567M in the plan year 2023 filing to $524M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Ohio filers

In Ohio, the average filing covers about 787 participants across 4,840 plans. Nestle Hourly Retirement Plan reports 6,283 participants - 8.0x that state average ($524M EOY assets).

Ohio filing particulars

Total Assets (Beginning of Year)$567M
Net Assets (End of Year)$524M
Net Income-$43M
Employer EIN951572209
Plan Effective Date1955-05-14
Filing StatusFILING RECEIVED

Sponsor Plan History (Nestle USA, Inc.)

$8.5B$9B$9.5B$10B$10.5B 202220232024 $8.71B $10B ▲ +14.8%
Total plan assets by year, all Nestle USA, Inc. plans on file
Year Plans Participants Total Assets
2022 4 44,380 $8.7B
2023 4 50,700 $9.9B
2024 4 49,030 $10.0B

Nearby Defined Benefit (Pension) Plans in Ohio

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

Nestle Hourly Retirement Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants

Nestle Hourly Retirement Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants Scatter plot of 6 data points. 05000100001500020000 -505101520 Total assets ($B) Participants Nestle Hourly Retire…GE Aerospace Pension…Firstenergy Corp. Ma…American Electric Po…Parker Defined Benef…Nationwide Retiremen…
Nestle Hourly Retirement Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants

Scale composition for Nestle Hourly Retirement Plan

Nestle Hourly Retirement Plan reports $524M in end-of-year assets across 6,283 participants (0.004% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.007% of 89,805,449 covered participants) - about $83,356 per participant (61% of the national average assets-per-participant) . Net income for plan year 2024 was -$43M.

This plan identity (EIN 951572209, plan #006) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $263M to $524M (+99.1%) while covered participants moved from 3,348 to 6,283 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 3,348 $263M Open filing
2023 3,185 $567M Open filing
2024 · index core 6,283 $524M This page

The same sponsor also keeps 3 other index-core plans on PlainRetire:

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Nestle Hourly Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Nestle Hourly Retirement Plan assets move in 2024?
Nestle Hourly Retirement Plan pulled back noticeably - down 7.6% during 2024, from $567M to $524M. Reported net income was -$43M.
How have Nestle USA, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Nestle USA, Inc.'s sponsor-wide assets grew 14.8%, from $8.7B to $10.0B.
Where does Nestle Hourly Retirement Plan rank by assets among Form 5500 filers?
Nestle Hourly Retirement Plan ranks in the 97th 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 Nestle Hourly Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is The Pension Plan of Arrowood Indemnity Company in NC ($525M, 84 participants).

Next read for Nestle Hourly Retirement Plan

Filing takeaways

Ways to act on Nestle Hourly Retirement Plan's numbers.

  • By total assets, Nestle Hourly Retirement 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 Ohio. Compare plans
  • Nestle USA, Inc.'s sponsor-wide assets have grown 14.8% since 2022 across 3 plan years on file. More Manufacturing plans