Defined Benefit (Pension) · DOL Form 5500 · 2023

The Cultural Institutions Retirement System Pension Plan

Data updated 2026-08-11

$1.6B
Total assets
6,665
Participants
99th
Percentile by assets
$235,241
Avg per participant
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Official DOL plan name: The Cultural Institutions Pension Plan · Sponsored by The Cultural Institutions Retirement System · New York · Other Services

$1.6B in assets, 6,665 participants

The Cultural Institutions Retirement System's The Cultural Institutions Pension Plan reported $1.6B in total assets and 6,665 participants in its 2023 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 127,072 plans)
  • #7,846 in Other Services (7,857 peers)

Coverage in New York

The Cultural Institutions Pension Plan covers 6,665 participants in New York, 8.4x the typical New York plan (state average ~798 per filing). Assets: $1.6B.

$1.6B
total plan assets (2023 EOY)
6,665
covered participants
99th
percentile by assets (of 127,072 plans)
$235,241
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Cultural Institutions Pension Plan reported net income rose from $20M in the plan year 2022 filing to $91M in the plan year 2023 filing.
  • The Cultural Institutions Pension Plan reported participants rose from 6,188 in the plan year 2022 filing to 6,665 in the plan year 2023 filing.
  • The Cultural Institutions Pension Plan end-of-year assets rose from $1.5B in the plan year 2022 filing to $1.6B in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs New York filers

In New York, the average filing covers about 798 participants across 9,061 plans. The Cultural Institutions Pension Plan reports 6,665 participants - 8.4x that state average ($1.6B EOY assets).

New York filing particulars

Total Assets (Beginning of Year)$1.5B
Net Assets (End of Year)$1.5B
Net Income$91M
Employer EIN112001170
Plan Effective Date1962-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Cultural Institutions Retirement System)

$2B$2.1B$2.2B$2.3B$2.4B$2.5B 202220232024 $2.11B $2.41B ▲ +14.2%
Total plan assets by year, all The Cultural Institutions Retirement System plans on file
Year Plans Participants Total Assets
2022 2 14,163 $2.1B
2023 2 14,643 $2.2B
2024 2 15,100 $2.4B

Nearby Defined Benefit (Pension) Plans in New York

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

The Cultural Institutions Pension Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants

The Cultural Institutions Pension Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. 050000100000150000 0102030 Total assets ($B) Participants The Cultural Institu…IBM Personal Pension…Consolidated Edison …1199seiu Health Care…Pfizer Consolidated …Pepsico Employees Re…
The Cultural Institutions Pension Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants

Scale composition for The Cultural Institutions Pension Plan

The Cultural Institutions Pension Plan reports $1.6B in end-of-year assets across 6,665 participants (0.013% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.007% of 93,925,755 covered participants) - about $235,241 per participant (1.7x the national average assets-per-participant) . Net income for plan year 2023 was $91M.

This plan identity (EIN 112001170, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.5B to $1.7B (+13.3%) while covered participants moved from 6,188 to 6,961 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 6,188 $1.5B Open filing
2023 6,665 $1.6B This page
2024 · index core 6,961 $1.7B Open filing

The same sponsor also keeps 2 other index-core plans on PlainRetire:

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to The Cultural Institutions Pension Plan by total assets, not by location.

Frequently Asked Questions

How did The Cultural Institutions Pension Plan assets move in 2023?
The Cultural Institutions Pension Plan grew at a solid clip - up 5.6% during 2023, from $1.5B to $1.6B. Reported net income was $91M.
How have The Cultural Institutions Retirement System plan assets changed over time?
Across 3 plan years on file (2022-2024), The Cultural Institutions Retirement System's sponsor-wide assets grew 14.1%, from $2.1B to $2.4B.
Where does The Cultural Institutions Pension Plan rank by assets among Form 5500 filers?
The Cultural Institutions Pension Plan ranks in the 99th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to The Cultural Institutions Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is National Integrated Group Pension Plan in PA ($1.6B, 2,291 participants).

Next read for The Cultural Institutions Pension Plan

Filing takeaways

Ways to act on The Cultural Institutions Pension Plan's numbers.

  • By total assets, The Cultural Institutions 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 New York. Compare plans
  • The Cultural Institutions Retirement System's sponsor-wide assets have grown 14.1% since 2022 across 3 plan years on file. More Other Services plans