Defined Benefit (Pension) · DOL Form 5500 · 2024

American Express Company and Its Participating Subsidiaries Pension Plan

Data updated 2026-08-25

$1.1B
Total assets Very large vs avg
3,334
Participants Above avg headcount
99th
Percentile by assets National rank
$328,781
Avg per participant High balance/head
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Official DOL plan name: American Express Retirement Plan · Sponsored by American Express Company and Its Participating Subsidiaries · New York · Finance & Insurance

$1.1B in assets, 3,334 participants

American Express Company and Its Participating Subsidiaries's American Express Retirement Plan reported $1.1B in total assets and 3,334 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.

  • #8,314 in Finance & Insurance (8,549 peers)

Coverage in New York

American Express Retirement Plan covers 3,334 participants in New York, 4.2x the typical New York plan (state average ~798 per filing). Assets: $1.1B.

#8,314
in Finance & Insurance (8,549 peers)
-5.1%
assets change YoY
11×
vs typical plan assets (national mean)

The plan reported a net loss of $51M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

American Express Retirement Plan's outsized position by total assets

American Express Retirement Plan vs every filed plan by assets

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

$1,096,156,043 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

American Express Retirement 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. American Express Retirement Plan lands in the large band (3,334 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • American Express Retirement Plan reported net income fell from $107M in the plan year 2023 filing to -$51M in the plan year 2024 filing.
  • American Express Retirement Plan reported participants fell from 3,664 in the plan year 2023 filing to 3,334 in the plan year 2024 filing.
  • American Express 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 134922250 · American Express Company and Its Participating Subsidiaries PY 2024 · Defined Benefit (Pension)

American Express Retirement Plan · $1.1B · 3,334 · 99th

  • PCT $1.1B
  • EIN 3,334
  • RANK 99th
  • PHOTO Defined Benefit (Pension)
  • IND near Local No. 731, I.B. of T., Pension Fund
  • EOY ind #8314

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 New York →

American Express Retirement Plan in the asset neighbourhood

American Express Retirement PlanAmerican Express Retirement …$1.1BLocal No. 731, I.B. of T., Pension FundLocal No. 731, I.B. of T., P…$1.1BCenterpoint Energy Retirement PlanCenterpoint Energy Retiremen…$1.1BFirst-Citizens Bank & Trust Company and Adopting Related Employers Pension PlanFirst-Citizens Bank & Trust …$1.1BMolson Coors Pension Plan$1.1B
End-of-year total assets ($B) among American Express Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

New York filing particulars

Total Assets (Beginning of Year)$1.2B
Net Assets (End of Year)$1.0B
Net Income-$51M
Employer EIN134922250
Plan Effective Date1985-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (American Express Company and Its Participating Subsidiaries)

Sponsor-wide plan assets over time

All American Express Company and Its Participating Subsidiaries plans reported in each filing year

Latest sponsor-wide plan assets
$10.2B 34.52637272862938% vs 2022
2024 filing year
$7B$8B$9B$10B$11B 202220232024 $7.56B $10.2B ▲ +34.4%
Year Plans Participants Total Assets
2022 2 25,649 $7.6B
2023 2 30,157 $9.0B
2024 2 28,364 $10.2B

Nearby Defined Benefit (Pension) Plans in New York

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

American Express Retirement Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 05101520 Total assets ($B) Participants American Express Retirement Plan, Total assets ($B): 1.096156043 · Participants: 3334American Express Retirement PlanIBM Personal Pension Plan, Total assets ($B): 17.919858993 · Participants: 48014IBM Personal Pension Plan1199seiu Health Care Employees Pension Fund, Total assets ($B): 16.913316696 · Participants: 1118331199seiu Health Care Employees Pension FundConsolidated Edison Retirement Plan, Total assets ($B): 15.588456377 · Participants: 10608Consolidated Edison Retirement PlanPfizer Consolidated Pension Plan, Total assets ($B): 9.970337119 · Participants: 8876Pfizer Consolidated Pension PlanGE Energy Pension Plan, Total assets ($B): 8.92290143 · Participants: 5829GE Energy Pension Plan
American Express Retirement Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants
Compare American Express Retirement Plan side-by-side with 3 peers →

American Express Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New York, the nearest Defined Benefit (Pension) by assets is Local No. 731, I.B. of T., Pension Fund in IL ($1.1B); by covered participants it is Graybar Electric Company, Inc. Pension Plan in MO (3,334 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.1B here).

Similar participant headcount

Nearest other-state filings by covered participants (3,334 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 American Express Retirement Plan assets move in 2024? ▼
American Express Retirement Plan pulled back noticeably - down 5.1% during 2024, from $1.2B to $1.1B. Reported net income was -$51M.
How have American Express Company and Its Participating Subsidiaries plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), American Express Company and Its Participating Subsidiaries's sponsor-wide assets grew 34.5%, from $7.6B to $10.2B.
Where does American Express Retirement Plan rank by assets among Form 5500 filers? ▼
American Express 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 American Express Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Local No. 731, I.B. of T., Pension Fund in IL ($1.1B, 3,248 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to American Express Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Graybar Electric Company, Inc. Pension Plan in MO (3,334 participants, $525M 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 134922250.

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.