Defined Benefit (Pension) · DOL Form 5500 · 2024

KEYCORP Pension Plan

Data updated 2026-08-25

$799M
Total assets Above avg plan size
2,997
Participants Above avg headcount
98th
Percentile by assets National rank
$266,497
Avg per participant High balance/head
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Official DOL plan name: Keycorp Consolidated Cash Balance Plan · Sponsored by KEYCORP · Ohio · Finance & Insurance

$799M in assets, 2,997 participants

KEYCORP's Keycorp Consolidated Cash Balance Plan reported $799M in total assets and 2,997 participants in its 2024 DOL Form 5500 filing, ranking in the 98th 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.

  • #8,251 in Finance & Insurance (8,549 peers)

Coverage in Ohio

Keycorp Consolidated Cash Balance Plan covers 2,997 participants in Ohio, 3.9x the typical Ohio plan (state average ~765 per filing). Assets: $799M.

#8,251
in Finance & Insurance (8,549 peers)
-4.5%
assets change YoY
8.0×
vs typical plan assets (national mean)

The plan reported a net loss of $37M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Keycorp Consolidated Cash Balance Plan's outsized position by total assets

Keycorp Consolidated Cash Balance Plan vs every filed plan by assets

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

$798,692,684 Top 2% higher than 98% 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

Keycorp Consolidated Cash Balance Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Keycorp Consolidated Cash Balance Plan lands in the large band (2,997 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Keycorp Consolidated Cash Balance Plan reported net income fell from $23M in the plan year 2023 filing to -$37M in the plan year 2024 filing.
  • Keycorp Consolidated Cash Balance Plan reported participants fell from 3,337 in the plan year 2023 filing to 2,997 in the plan year 2024 filing.
  • Keycorp Consolidated Cash Balance Plan end-of-year assets fell from $836M in the plan year 2023 filing to $799M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 346542451 · KEYCORP PY 2024 · Defined Benefit (Pension)

Keycorp Consolidated Cash Balance Plan · $799M · 2,997 · 98th

  • ASSETS $799M
  • ASSETS 2,997
  • ASSETS 98th
  • ASSETS Defined Benefit (Pension)
  • ASSETS near Citgo Petroleum Corporation Salaried Employees' Pension Plan
  • ASSETS ind #8251

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 Finance & Insurance retirement plans → · Plans in Ohio →

Keycorp Consolidated Cash Balance Plan in the asset neighbourhood

New Jersey Manufacturers Insurance Company Retirement PlanNew Jersey Manufacturers Ins…$800MCitgo Petroleum Corporation Salaried Employees' Pension PlanCitgo Petroleum Corporation …$799MKeycorp Consolidated Cash Balance PlanKeycorp Consolidated Cash Ba…$799MPuerto Rico Telephone Company Consolidated Retirement Plan for Salaried and Hourly EmployeesPuerto Rico Telephone Compan…$797MMaine Medical Center Pension PlanMaine Medical Center Pension…$795M
End-of-year total assets ($M) among Keycorp Consolidated Cash Balance Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Ohio filing particulars

Total Assets (Beginning of Year)$836M
Net Assets (End of Year)$798M
Net Income-$37M
Employer EIN346542451
Plan Effective Date1952-12-14
Filing StatusFILING RECEIVED

Sponsor Plan History (KEYCORP)

Sponsor-wide plan assets over time

All KEYCORP plans reported in each filing year

Latest sponsor-wide plan assets
$4.9B 20.729420576787565% vs 2022
2024 filing year
$3.5B$4B$4.5B$5B$5.5B 202220232024 $4.08B $4.93B ▲ +20.8%
Year Plans Participants Total Assets
2022 2 21,543 $4.1B
2023 2 22,455 $4.6B
2024 2 20,632 $4.9B

Nearby Defined Benefit (Pension) Plans in Ohio

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

Keycorp Consolidated Cash Balance Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants Scatter plot of 6 data points. 05000100001500020000 -505101520 Total assets ($B) Participants Keycorp Consolidated Cash Balance Plan, Total assets ($B): 0.798692684 · Participants: 2997Keycorp Consolidated Cash Balance 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
Keycorp Consolidated Cash Balance Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants
Compare Keycorp Consolidated Cash Balance Plan side-by-side with 3 peers →

Keycorp Consolidated Cash Balance Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Ohio, the nearest Defined Benefit (Pension) by assets is Citgo Petroleum Corporation Salaried Employees' Pension Plan in TX ($799M); by covered participants it is Pension Plan of the Chubb Corporation in PA (2,993 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,997 participants); asset peers above are excluded.

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 Keycorp Consolidated Cash Balance Plan assets move in 2024? ▼
Keycorp Consolidated Cash Balance Plan edged down modestly - down 4.5% during 2024, from $836M to $799M. Reported net income was -$37M.
How have KEYCORP plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), KEYCORP's sponsor-wide assets grew 20.7%, from $4.1B to $4.9B.
Where does Keycorp Consolidated Cash Balance Plan rank by assets among Form 5500 filers? ▼
Keycorp Consolidated Cash Balance Plan ranks in the 98th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Keycorp Consolidated Cash Balance Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Citgo Petroleum Corporation Salaried Employees' Pension Plan in TX ($799M, 2,037 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Keycorp Consolidated Cash Balance Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Pension Plan of the Chubb Corporation in PA (2,993 participants, $3.7B in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 346542451.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.