Defined Benefit (Pension) · DOL Form 5500 · 2024
Eaton Corporation Pension Plan
Data updated 2026-08-25
- $2.4B
- Total assets Very large vs avg
- 8,410
- Participants Very large workforce
- 99th
- Percentile by assets National rank
- $290,760
- Avg per participant High balance/head
Official DOL plan name: Pension Plan for Eaton Corporation Employees · Sponsored by Eaton Corporation · Ohio · Manufacturing
$2.4B in assets, 8,410 participants
Eaton Corporation's Pension Plan for Eaton Corporation Employees reported $2.4B in total assets and 8,410 participants in its 2024 DOL Form 5500 filing, ranking in the 99th 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.
- #17,571 in Manufacturing (17,777 peers)
Coverage in Ohio
Pension Plan for Eaton Corporation Employees covers 8,410 participants in Ohio, 11x the typical Ohio plan (state average ~765 per filing). Assets: $2.4B.
- #17,571
- in Manufacturing (17,777 peers)
- -6.1%
- assets change YoY
- 25×
- vs typical plan assets (national mean)
The plan reported a net loss of $159M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Pension Plan for Eaton Corporation Employees's outsized position by total assets
Pension Plan for Eaton Corporation Employees vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$2,445,294,539 Top 1% higher than 99% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Pension Plan for Eaton Corporation Employees's large-plan peer group by participant headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Pension Plan for Eaton Corporation Employees lands in the large band (8,410 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Pension Plan for Eaton Corporation Employees reported net income fell from -$30M in the plan year 2023 filing to -$159M in the plan year 2024 filing.
- Pension Plan for Eaton Corporation Employees end-of-year assets fell from $2.6B in the plan year 2023 filing to $2.4B in the plan year 2024 filing.
- Pension Plan for Eaton Corporation Employees reported participants fell from 8,916 in the plan year 2023 filing to 8,410 in the plan year 2024 filing.
Published 5500 schedule card
Filing strip 340196300 · Eaton Corporation PY 2024 · Defined Benefit (Pension)
Pension Plan for Eaton Corporation Employees · $2.4B · 8,410 · 99th
- BOOK $2.4B
- BOOK 8,410
- BOOK 99th
- BOOK Defined Benefit (Pension)
- BOOK near Medtronic Retirement Plan for Certain Participants and Beneficiaries
- BOOK ind #17571
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 Ohio →
Pension Plan for Eaton Corporation Employees in the asset neighbourhood
Ohio filing particulars
| Total Assets (Beginning of Year) | $2.6B |
|---|---|
| Net Assets (End of Year) | $2.4B |
| Net Income | -$159M |
| Employer EIN | 340196300 |
| Plan Effective Date | 1944-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Eaton Corporation)
Sponsor-wide plan assets over time
All Eaton Corporation plans reported in each filing year
- Latest sponsor-wide plan assets
- $11.1B 24.68091819688474% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 34,855 | $8.9B |
| 2023 | 4 | 61,749 | $16.8B |
| 2024 | 3 | 35,808 | $11.1B |
Nearby Defined Benefit (Pension) Plans in Ohio
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- GE Aerospace Pension Plan $19.0B · 9,637
- Firstenergy Corp. Master Pension Plan $6.5B · 12,187
- American Electric Power System Retirement Plan $4.1B · 16,073
- Ohio Operating Engineers Pension Plan $3.9B · 10,387
- Parker Defined Benefit Pension Plan $3.5B · 8,120
Scale composition for Pension Plan for Eaton Corporation Employees
Pension Plan for Eaton Corporation Employees reports $2.4B in end-of-year assets across 8,410 participants (0.020% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.009% of 93,925,755 covered participants) - about $290,760 per participant (2.1x the national average assets-per-participant) . Net income for plan year 2024 was -$159M.
This plan identity (EIN 340196300, plan #029) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $2.6B to $2.4B (-7.2%) while covered participants moved from 9,767 to 8,410 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 9,767 | $2.6B | Open filing |
| 2023 | 8,916 | $2.6B | Open filing |
| 2024 · index core | 8,410 | $2.4B | This page |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- Eaton Savings Plan (401(k), $8.4B, 24,055 participants)
- Eaton Personal Investment Plan (401(k), $225M, 3,343 participants)
Pension Plan for Eaton Corporation Employees's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Ohio, the nearest Defined Benefit (Pension) by assets is Medtronic Retirement Plan for Certain Participants and Beneficiaries in MN ($2.4B); by covered participants it is Honda Retirement Plan in CA (8,401 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($2.4B here).
- Medtronic Retirement Plan for Certain Participants and Beneficiaries (MN) $2.4B · 7,184
- Equity-League Pension Trust Fund (NY) $2.4B · 20,243
- Frontier Communications Pension Plan (CT) $2.4B · 8,761
- Sysco Corporation Retirement Plan (TX) $2.5B · 9,955
Similar participant headcount
Nearest other-state filings by covered participants (8,410 participants); asset peers above are excluded.
- Honda Retirement Plan (CA) 8,401 · 9 off
- The Estee Lauder Companies Retirement Growth Account Plan (NY) 8,396 · 14 off
- Dow Employees' Pension Plan (Personal Pension Account) (MI) 8,442 · 32 off
- Boehringer Ingelheim USA Corporation & Its Affiliates Retirement Plan (CT) 8,346 · 64 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.