Defined Benefit (Pension) · DOL Form 5500 · 2024

The Cultural Institutions Retirement System Pension Plan

Data updated 2026-08-11

$1.7B
Total assets
6,961
Participants
99th
Percentile by assets
$241,729
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

$1.7B in assets, 6,961 participants

The Cultural Institutions Retirement System's The Cultural Institutions Pension Plan reported $1.7B in total assets and 6,961 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 123,622 plans)
  • #7,710 in Other Services (7,719 peers)

Coverage in New York

The Cultural Institutions Pension Plan covers 6,961 participants in New York, 8.7x the typical New York plan (state average ~798 per filing). Assets: $1.7B.

$1.7B
total plan assets (2024 EOY)
6,961
covered participants
99th
percentile by assets (of 123,622 plans)
$241,729
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • The Cultural Institutions Pension Plan reported net income rose from $91M in the plan year 2023 filing to $135M in the plan year 2024 filing.
  • The Cultural Institutions Pension Plan end-of-year assets rose from $1.6B in the plan year 2023 filing to $1.7B in the plan year 2024 filing.
  • The Cultural Institutions Pension Plan reported participants rose from 6,665 in the plan year 2023 filing to 6,961 in the plan year 2024 filing.

See the national 2023→2024 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 6,961 participants - 8.7x that state average ($1.7B EOY assets).

New York filing particulars

Total Assets (Beginning of Year)$1.6B
Net Assets (End of Year)$1.7B
Net Income$135M
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 05101520 Total assets ($B) Participants The Cultural Institu…IBM Personal Pension…1199seiu Health Care…Consolidated Edison …Pfizer Consolidated …GE Energy Pension Plan
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 $1.7B in end-of-year assets across 6,961 participants (0.014% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.007% of 93,925,755 covered participants) - about $241,729 per participant (1.7x the national average assets-per-participant) . Net income for plan year 2024 was $135M.

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 Open filing
2024 · index core 6,961 $1.7B This page

The same sponsor also keeps 1 other index-core plan 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 2024?
The Cultural Institutions Pension Plan grew at a solid clip - up 7.3% during 2024, from $1.6B to $1.7B. Reported net income was $135M.
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 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 The Cultural Institutions Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Nestle Pension Plan in OH ($1.7B, 8,291 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