Defined Benefit (Pension) · DOL Form 5500 · 2024

The Hershey Company Pension Plan

Data updated 2026-08-25

$730M
Total assets Above avg plan size
2,280
Participants Above avg headcount
98th
Percentile by assets National rank
$319,973
Avg per participant High balance/head
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Official DOL plan name: The Hershey Company Retirement Plan · Sponsored by The Hershey Company · Pennsylvania · Manufacturing

$730M in assets, 2,280 participants

The Hershey Company's The Hershey Company Retirement Plan reported $730M in total assets and 2,280 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.

  • #17,195 in Manufacturing (17,777 peers)

Coverage in Pennsylvania

The Hershey Company Retirement Plan covers 2,280 participants in Pennsylvania, 2.8x the typical Pennsylvania plan (state average ~822 per filing). Assets: $730M.

#17,195
in Manufacturing (17,777 peers)
-7.1%
assets change YoY
7.3×
vs typical plan assets (national mean)

The plan reported a net loss of $56M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

The Hershey Company Retirement Plan's outsized position by total assets

The Hershey Company Retirement Plan vs every filed plan by assets

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

$729,538,157 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

The Hershey Company Retirement Plan'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. The Hershey Company Retirement Plan lands in the large band (2,280 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • The Hershey Company Retirement Plan reported net income fell from -$6M in the plan year 2023 filing to -$56M in the plan year 2024 filing.
  • The Hershey Company Retirement Plan reported participants fell from 2,569 in the plan year 2023 filing to 2,280 in the plan year 2024 filing.
  • The Hershey Company Retirement Plan end-of-year assets fell from $785M in the plan year 2023 filing to $730M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 230691590 · The Hershey Company PY 2024 · Defined Benefit (Pension)

The Hershey Company Retirement Plan · $730M · 2,280 · 98th

  • RANK $730M
  • PHOTO 2,280
  • IND 98th
  • EOY Defined Benefit (Pension)
  • 5500 near Iron Workers Locals 40, 361 & 417 Pension Fund
  • ASSETS ind #17195

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 Pennsylvania →

The Hershey Company Retirement Plan in the asset neighbourhood

Johns Hopkins University Support Staff Pension PlanJohns Hopkins University Sup…$732MTruck Drivers & Helpers Local Union No. 355 Retirement PlanTruck Drivers & Helpers Loca…$732MThe Hershey Company Retirement PlanThe Hershey Company Retireme…$730MIron Workers Locals 40, 361 & 417 Pension FundIron Workers Locals 40, 361 …$729MOhio Farmers Insurance Company Pension PlanOhio Farmers Insurance Compa…$728M
End-of-year total assets ($M) among The Hershey Company Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$785M
Net Assets (End of Year)$729M
Net Income-$56M
Employer EIN230691590
Plan Effective Date1941-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Hershey Company)

Sponsor-wide plan assets over time

All The Hershey Company plans reported in each filing year

Latest sponsor-wide plan assets
$2.9B 11.883862972141115% vs 2022
2024 filing year
$2.5B$2.6B$2.7B$2.8B$2.9B$3B 202220232024 $2.57B $2.87B ▲ +11.7%
Year Plans Participants Total Assets
2022 4 12,923 $2.6B
2023 5 14,683 $2.8B
2024 4 14,048 $2.9B

Nearby Defined Benefit (Pension) Plans in Pennsylvania

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

The Hershey Company Retirement Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 051015 Total assets ($B) Participants The Hershey Company Retirement Plan, Total assets ($B): 0.729538157 · Participants: 2280The Hershey Company Retirement PlanNational Elevator Industry Pension Plan, Total assets ($B): 12.213235301 · Participants: 28308National Elevator Industry Pension PlanSteelworkers Pension Trust, Total assets ($B): 7.234971663 · Participants: 46110Steelworkers Pension TrustThe PNC Financial Services Group, Inc. Pension Plan, Total assets ($B): 5.528998 · Participants: 58779The PNC Financial Services Group, Inc. Pension PlanThe Bank of New York Mellon Corporation Pension Plan, Total assets ($B): 5.178651926 · Participants: 6387The Bank of New York Mellon Corporation Pension PlanConstellation Retirement Program, Total assets ($B): 5.003720253 · Participants: 4809Constellation Retirement Program
The Hershey Company Retirement Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants

The Hershey Company Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is Iron Workers Locals 40, 361 & 417 Pension Fund in NY ($729M); by covered participants it is Arizona Pipe Trades Pension Plan in AZ (2,281 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,280 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 The Hershey Company Retirement Plan assets move in 2024? ▼
The Hershey Company Retirement Plan pulled back noticeably - down 7.1% during 2024, from $785M to $730M. Reported net income was -$56M.
How have The Hershey Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Hershey Company's sponsor-wide assets grew 11.9%, from $2.6B to $2.9B.
Where does The Hershey Company Retirement Plan rank by assets among Form 5500 filers? ▼
The Hershey Company Retirement 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 The Hershey Company Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Iron Workers Locals 40, 361 & 417 Pension Fund in NY ($729M, 1,891 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to The Hershey Company Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Arizona Pipe Trades Pension Plan in AZ (2,281 participants, $419M in assets).