Retirement plan
PFIZER CONSOLIDATED PENSION PLAN
PFIZER INCEIN 13-5315170Plan #001PY 2024
ATTENTION US BENEFITS, 66 HUDSON BOULEVARD EAST - NEW YORK, NY 100012192212-733-2323pfizer.comLinkedIn10001+ employeespharmaceuticals
Other plans on this EIN
3 filingsProspect flagsHigh retiree %Low returnsWind-down / frozen
Filing contacts
From the Form 5500, federal recordPlan administrator signer
STEPHEN PENNACCHIO
Signed 10/02/2025
Plan administrator entity
THE RETIREMENT COMMITTEE
EIN 132875255
66 HUDSON BOULEVARD EAST · NEW YORK, NY 100012192
Summary metrics
Total assets (EOY)
$9970.3M
-9.3% from 2016
Total participants
52,666
+2.4% from 2016
Average account balance
$0
No prior year
Annual return
-2.20%
-10.54 pp from 2016
Benchmarks
Peer group
Industryany (size+type match)
Plan typeDefined benefit
Participants5,000-9,999
Cohort186 peers
Snapshot2024
0
Participant deferral / active EE
$0
median $247
0
Employer contribution / active EE
$0
median $6,320
0
Participation rate
0.0%
median 0.0%
0
Avg account balance
$0
0
Admin fee / account holder
$0
5
Annual return
-2.20%
median 6.71%
Overall peer rank
5of 100
5th percentileavg across 6 metrics
Analytics
2015 - 2024
Total assets (EOY)
Plan-year ending balance
$9.97B
Average account balance
Total assets / participants with a balance (line 6g)
$189K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
44,876
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
0.0%
Contributions (total)
Employer and participant dollars contributed each year
$1.24B
Contributions per participant
Average employer and participant contribution per enrolled participant
$97K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
-2.20%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$0
Asset composition
Cash / stocks / bonds / mutual funds / real estate / loans over time
- Mutual / pooled
- Stocks
- Bonds
- Cash
- Real estate
- Loans
Service providers
Providers data not reported
Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.
Enrolled actuary
1 attachment
SB
MATTHEW FISHEL
MERCER
Enrollment #2308172
30 SOUTH 17TH STREET, 19TH FLOOR
PHILADELPHIA, PA 19103
(215) 982-4212
Signed 2025-07-31
Reportable transactions (Schedule G)
4 rows
Counterparties on defaulted loans (Part 1), defaulted leases (Part 2), and non-exempt prohibited transactions (Part 3). Presence of any row warrants fiduciary review.
| Category | Counterparty | Relationship / Terms | Address | Amount |
|---|---|---|---|---|
| Part 3 Non-exempt transaction | MASTER TRUST BETWEEN PFIZER AND NT | PLAN TRUST/TRUSTEE PYMNT OF INELIGIBLE EXPENSES FROM PLAN ASSETS IN 2022 BY THE MT; REPAID IN 2024 WITH INTEREST OF 15,609. | — | $0 |
| Part 3 Non-exempt transaction | MASTER TRUST BETWEEN PFIZER AND NT | PLAN TRUST/TRUSTEE PYMNT OF INELIGIBLE EXPENSES FROM PLAN ASSETS IN 2023 BY THE MT; REPAID IN 2024 WITH INTEREST OF 52,294. | — | $0 |
| Part 3 Non-exempt transaction | MASTER TRUST BETWEEN PFIZER AND NT | PLAN TRUST/TRUSTEE PYMNT OF INELIGIBLE EXPENSES FROM PLAN ASSETS IN 2024 BY THE MT; REPAID IN 2024 WITH INTEREST OF 43,135. | — | $0 |
| Part 3 Non-exempt transaction | MASTER TRUST BETWEEN PFIZER AND NT | PLAN TRUST/TRUSTEE PYMNT OF INELIGIBLE EXPENSES FROM PLAN ASSETS IN 2024 BY THE MT; WILL BE REPAID IN 2025 WITH INTEREST. | — | $0 |
Top hat statement on fileNQDC
Filed July 27, 2011 (most recent of 5 filings on file)
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
Plan features & details
Pension benefit codes1A3F
Plan features
- 1ABenefits are primarily pay relatedBenefits under the plan are primarily determined with reference to a participant's pay (e.g. final-average-pay formula).
- 3FLeased employeesPlan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.
Opportunity flags
3 tripped
- OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
- InformationalHigh retiree %
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.
- InformationalWind-down / frozen
Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.
Audit opinion
Schedule H Part III
Unqualified opinion
Auditor signed off without reservation - the cleanest possible opinion.
- Auditor firm
- KPMG LLP
- Auditor EIN
- 135565207
- Audit fees
- (not subdivided)
- Opinion code
- Unqualified