401(k) · DOL Form 5500 · 2024
The PNC Financial Services Group, Inc. 401(k) Plan
Data updated 2026-08-11
- $10.2B
- Total assets
- 54,604
- Participants
- 100th
- Percentile by assets
- $186,610
- Avg per participant
Official DOL plan name: The PNC Financial Services Group, Inc. Incentive Savings Plan · Sponsored by The PNC Financial Services Group, Inc. · Pennsylvania · Finance & Insurance
$10.2B in assets, 54,604 participants
The PNC Financial Services Group, Inc.'s The PNC Financial Services Group, Inc. Incentive Savings Plan reported $10.2B in total assets and 54,604 participants in its 2024 DOL Form 5500 filing, ranking in the 100th 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.
- 100th percentile by assets (of 123,622 plans)
- #8,527 in Finance & Insurance (8,549 peers)
Coverage in Pennsylvania
The PNC Financial Services Group, Inc. Incentive Savings Plan covers 54,604 participants in Pennsylvania, 66x the typical Pennsylvania plan (state average ~822 per filing). Assets: $10.2B.
- $10.2B
- total plan assets (2024 EOY)
- 54,604
- covered participants
- 100th
- percentile by assets (of 123,622 plans)
- $186,610
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- The PNC Financial Services Group, Inc. Incentive Savings Plan reported net income fell from $1.2B in the plan year 2023 filing to $850M in the plan year 2024 filing.
- The PNC Financial Services Group, Inc. Incentive Savings Plan reported participants fell from 61,697 in the plan year 2023 filing to 54,604 in the plan year 2024 filing.
- The PNC Financial Services Group, Inc. Incentive Savings Plan end-of-year assets rose from $9.3B in the plan year 2023 filing to $10.2B in the plan year 2024 filing.
Participants vs Pennsylvania filers
In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. The PNC Financial Services Group, Inc. Incentive Savings Plan reports 54,604 participants - 66x that state average ($10.2B EOY assets).
Pennsylvania filing particulars
| Total Assets (Beginning of Year) | $9.3B |
|---|---|
| Net Assets (End of Year) | $10.2B |
| Net Income | $850M |
| Employer EIN | 251435979 |
| Plan Effective Date | 1989-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (The PNC Financial Services Group, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 123,182 | $13.5B |
| 2023 | 2 | 125,377 | $15.0B |
| 2024 | 2 | 113,383 | $15.7B |
Nearby 401(k) Plans in Pennsylvania
Peer 401(k) plans, same state, same plan type, ranked by total assets.
The PNC Financial Services Group, Inc. Incentive Savings Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants
- Comcast Corporation Retirement - Investment Plan $19.7B · 90,495
- The Cigna Group 401(k) Plan $14.2B · 63,634
- The Vanguard Retirement and Savings Plan $11.1B · 18,066
- Thermo Fisher Scientific Inc. 401(k) Retirement Plan $10.3B · 36,150
- The Bank of New York Mellon Corporation 401(k) Savings Plan $9.9B · 24,183
Scale composition for The PNC Financial Services Group, Inc. Incentive Savings Plan
The PNC Financial Services Group, Inc. Incentive Savings Plan reports $10.2B in end-of-year assets across 54,604 participants (0.083% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.058% of 93,925,755 covered participants) - about $186,610 per participant (1.3x the national average assets-per-participant) . Net income for plan year 2024 was $850M.
This plan identity (EIN 251435979, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $8.1B to $10.2B (+25.5%) while covered participants moved from 59,451 to 54,604 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 59,451 | $8.1B | Open filing |
| 2023 | 61,697 | $9.3B | Open filing |
| 2024 · index core | 54,604 | $10.2B | This page |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- The PNC Financial Services Group, Inc. Pension Plan (Defined Benefit (Pension), $5.5B, 58,779 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to The PNC Financial Services Group, Inc. Incentive Savings Plan by total assets, not by location.
- Ubs 401(k) Plan Trust (NJ) $10.2B · 21,350
- United Airlines 401(k) Savings Plan (IL) $10.3B · 57,326
- Hp Inc. 401(k) Plan (TX) $10.3B · 14,722
- 401(k) Savings Plan (WA) $10.1B · 86,668
Frequently Asked Questions
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Filing takeaways
Ways to act on The PNC Financial Services Group, Inc. Incentive Savings Plan's numbers.
- By total assets, The PNC Financial Services Group, Inc. Incentive Savings Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Pennsylvania. Compare plans
- The PNC Financial Services Group, Inc.'s sponsor-wide assets have grown 16.3% since 2022 across 3 plan years on file. More Finance & Insurance plans