Defined Benefit (Pension) · DOL Form 5500 · 2024

The Procter and Gamble Company Pension Plan

Data updated 2026-08-25

$1.1B
Total assets Very large vs avg
728
Participants Near avg headcount
99th
Percentile by assets National rank
$1.6M
Avg per participant High balance/head
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Official DOL plan name: Procter & Gamble Master Retirement Plan · Sponsored by The Procter and Gamble Company · Ohio · Manufacturing

$1.1B in assets, 728 participants

The Procter and Gamble Company's Procter & Gamble Master Retirement Plan reported $1.1B in total assets and 728 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.

  • #17,357 in Manufacturing (17,777 peers)

Where Procter & Gamble Master Retirement Plan sits by assets

Procter & Gamble Master Retirement Plan sits among the largest 1% of all filed plans, $1.1B for 728 participants (~$1.6M/participant), down 2.0% in 2024.

#17,357
in Manufacturing (17,777 peers)
-2.0%
assets change YoY
11×
vs typical plan assets (national mean)

The plan reported a net loss of $24M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Procter & Gamble Master Retirement Plan's outsized position by total assets

Procter & Gamble Master Retirement Plan vs every filed plan by assets

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

$1,137,128,761 Top 1% higher than 99% 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

Procter & Gamble Master Retirement Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Procter & Gamble Master Retirement Plan sits mid-pack in the medium band (728 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Procter & Gamble Master Retirement Plan reported net income rose from -$132M in the plan year 2023 filing to -$24M in the plan year 2024 filing.
  • Procter & Gamble Master Retirement Plan reported participants fell from 805 in the plan year 2023 filing to 728 in the plan year 2024 filing.
  • Procter & Gamble Master Retirement Plan end-of-year assets fell from $1.2B in the plan year 2023 filing to $1.1B in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 310411980 · The Procter and Gamble Company PY 2024 · Defined Benefit (Pension)

Procter & Gamble Master Retirement Plan · $1.1B · 728 · 99th

  • PHOTO $1.1B
  • PHOTO 728
  • PHOTO 99th
  • PHOTO Defined Benefit (Pension)
  • PHOTO near Steamship Trade Association of Baltimore, Incorporated - International Longshoremen's Association Pension Plan
  • PHOTO ind #17357

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 →

Procter & Gamble Master Retirement Plan in the asset neighbourhood

Northern California Pipe Trades Pension PlanNorthern California Pipe Tra…$1.1BProcter & Gamble Master Retirement PlanProcter & Gamble Master Reti…$1.1BSteamship Trade Association of Baltimore, Incorporated - International Longshoremen's Association Pension PlanSteamship Trade Association …$1.1BWisconsin Laborers' Pension FundWisconsin Laborers' Pension …$1.1BLehigh Valley Health Network, Inc. Retirement PlanLehigh Valley Health Network…$1.1B
End-of-year total assets ($B) among Procter & Gamble Master Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$1.2B
Net Assets (End of Year)$1.1B
Net Income-$24M
Employer EIN310411980
Plan Effective Date1982-06-09
Filing StatusFILING RECEIVED

Sponsor Plan History (The Procter and Gamble Company)

Sponsor-wide plan assets over time

All The Procter and Gamble Company plans reported in each filing year

Latest sponsor-wide plan assets
$28.5B 2.4245863107933574% vs 2022
2024 filing year
$27.5B$28B$28.5B$29B$29.5B 202220232024 $27.8B $28.5B ▲ +2.4%
Year Plans Participants Total Assets
2022 3 59,869 $27.8B
2023 3 61,584 $29.3B
2024 3 63,996 $28.5B

Nearby Defined Benefit (Pension) Plans in Ohio

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

Procter & Gamble Master Retirement Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 05101520 Total assets ($B) Participants Procter & Gamble Master Retirement Plan, Total assets ($B): 1.137128761 · Participants: 728Procter & Gamble Master Retirement PlanGE Aerospace Pension Plan, Total assets ($B): 19.026079363 · Participants: 9637GE Aerospace Pension PlanFirstenergy Corp. Master Pension Plan, Total assets ($B): 6.474467697 · Participants: 12187Firstenergy Corp. Master Pension PlanAmerican Electric Power System Retirement Plan, Total assets ($B): 4.085797504 · Participants: 16073American Electric Power System Retirement PlanOhio Operating Engineers Pension Plan, Total assets ($B): 3.912834719 · Participants: 10387Ohio Operating Engineers Pension PlanParker Defined Benefit Pension Plan, Total assets ($B): 3.496388263 · Participants: 8120Parker Defined Benefit Pension Plan
Procter & Gamble Master Retirement Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants

Procter & Gamble Master Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Ohio, the nearest Defined Benefit (Pension) by assets is Steamship Trade Association of Baltimore, Incorporated - International Longshoremen's Association Pension Plan in MD ($1.1B); by covered participants it is New York Central Mutual Fire Insurance Company Retirement Income Plan in NY (727 participants). Same-state nearby plans are listed separately above.

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 Procter & Gamble Master Retirement Plan assets move in 2024? ▼
Procter & Gamble Master Retirement Plan edged down modestly - down 2.0% during 2024, from $1.2B to $1.1B. Reported net income was -$24M.
How have The Procter and Gamble Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Procter and Gamble Company's sponsor-wide assets grew 2.4%, from $27.8B to $28.5B.
Where does Procter & Gamble Master Retirement Plan rank by assets among Form 5500 filers? ▼
Procter & Gamble Master Retirement Plan ranks in the 99th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to Procter & Gamble Master Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Steamship Trade Association of Baltimore, Incorporated - International Longshoremen's Association Pension Plan in MD ($1.1B, 1,722 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Procter & Gamble Master Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is New York Central Mutual Fire Insurance Company Retirement Income Plan in NY (727 participants, $144M in assets).