Defined Benefit (Pension) · DOL Form 5500 · 2024
KELLANOVA Pension Plan
Data updated 2026-08-06
- $1.2B
- Total assets
- 2,765
- Participants
- 99th
- Percentile by assets
- $433,030
- Avg per participant
Official DOL plan name: Kellanova Pension Plan · Sponsored by KELLANOVA · Illinois · Manufacturing
$1.2B in assets, 2,765 participants
KELLANOVA's Kellanova Pension Plan reported $1.2B in total assets and 2,765 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.
- 99th percentile by assets (of 116,472 plans)
- #16,495 in Manufacturing (16,886 peers)
Coverage in Illinois
Kellanova Pension Plan covers 2,765 participants in Illinois, 3.6x the typical Illinois plan (state average ~768 per filing). Assets: $1.2B.
- $1.2B
- total plan assets (2024 EOY)
- 2,765
- covered participants
- 99th
- percentile by assets (of 116,472 plans)
- $433,030
- avg assets per participant
The plan reported a net loss of $27M 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
- Kellanova Pension Plan reported net income fell from -$12M in the plan year 2023 filing to -$27M in the plan year 2024 filing.
- Kellanova Pension Plan reported participants fell from 2,924 in the plan year 2023 filing to 2,765 in the plan year 2024 filing.
- Kellanova Pension Plan end-of-year assets fell from $1.2B in the plan year 2023 filing to $1.2B in the plan year 2024 filing.
Participants vs Illinois filers
In Illinois, the average filing covers about 768 participants across 5,440 plans. Kellanova Pension Plan reports 2,765 participants - 3.6x that state average ($1.2B EOY assets).
Illinois filing particulars
| Total Assets (Beginning of Year) | $1.2B |
|---|---|
| Net Assets (End of Year) | $1.2B |
| Net Income | -$27M |
| Employer EIN | 380710690 |
| Plan Effective Date | 1975-11-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (KELLANOVA)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 5 | 15,546 | $3.8B |
| 2023 | 5 | 12,398 | $3.0B |
| 2024 | 3 | 10,963 | $3.1B |
Nearby Defined Benefit (Pension) Plans in Illinois
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Kellanova Pension Plan vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants
- Central States, Southeast & Southwest Areas Pension Plan $48.2B · 36,799
- State Farm Insurance Companies Retirement Plan for United States Employees $37.7B · 41,619
- GE Healthcare Pension Plan $13.7B · 5,554
- Abbott Laboratories Annuity Retirement Plan $8.6B · 17,875
- Exelon Corporation Retirement Program $6.1B · 8,898
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Kellanova Pension Plan by total assets, not by location.
- Securian Financial Group, Inc. Retirement Plan (MN) $1.2B · 2,647
- Cfg Pension Plan (RI) $1.2B · 2,962
- Non-Contributory Retirement Program for Certain Empl of Bcbssc (SC) $1.2B · 4,087
- Retirement Plan for Hospital Employees (CA) $1.2B · 2,045
Frequently Asked Questions
How did Kellanova Pension Plan assets move in 2024? ▼
How have KELLANOVA plan assets changed over time? ▼
Where does Kellanova Pension Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Kellanova Pension Plan? ▼
Next read for Kellanova Pension Plan
Filing takeaways
Ways to act on Kellanova Pension Plan's numbers.
- By total assets, Kellanova Pension Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Illinois. Compare plans
- KELLANOVA's sponsor-wide assets have declined 20.0% since 2022 across 3 plan years on file. More Manufacturing plans