Wisconsin › Manufacturing › 5,000 to 24,999 participants
Form 5500 statement · plan year 1 Jan 2024 to 31 Dec 2024
Kimberly-Clark Corporation Pension Plan
Sponsored by Kimberly-Clark Corporation, Neenah, WI
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
Kimberly-Clark Corporation of Neenah, Wisconsin sponsors Kimberly-Clark Corporation Pension Plan, a defined benefit pension plan. Its Form 5500 for the plan year ending 31 Dec 2024 shows 9,325 participants (1,318 active) and $871M in net assets.
Net assets came to $93,370 per participant, above the $87,623 median for defined benefit plans with 5,000 to 24,999 participants and well above the $67,961 median for defined benefit plans in manufacturing. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
Schedule C lists 8 service provider organisations paid $5,000 or more, with reported compensation of $1.9M: $208 per participant, below the same-size median of $232. Administrative expenses charged to the plan were $4.9M. Schedule C does not capture every cost: fees netted from fund returns and fees the employer pays directly are outside it.
Across the filings on record, net assets went from $2.93B in 2009 to $871M in 2024 (down 70%), and participants from 44,842 to 9,325 (down 79%).
The independent accountant's opinion on the financial statements was unmodified (unqualified).
Compared with similar plans
| Measure | This plan | Same size | Same industry | All US DB plans |
|---|---|---|---|---|
| Net assets per participant | $93,370 | $87,623 | $67,961 | $86,221 |
| Employer contributions per active participant | — | $9,468 | $6,915 | $10,244 |
| Schedule C compensation per participant | $208 | $232 | $299 | $344 |
| Schedule C compensation, share of net assets | 0.22% | 0.30% | 0.47% | 0.42% |
| Administrative expenses per participant | $523 | $396 | $498 | $527 |
Peer columns are medians for plan year 2024 across defined benefit plans with 100 or more participants: 5,000 to 24,999 participants (651 plans), manufacturing (1,532) and all US plans (5,308). Fee medians cover plans that report an amount.
Trend by plan year
| Plan year | Participants | Net assets | Per participant | Employer contributions | Participant contributions | Schedule C compensation |
|---|---|---|---|---|---|---|
| 2024 | 9,325 | $871M | $93,370 | — | — | $1.9M |
| 2023 | 9,766 | $965M | $98,835 | — | — | $3.4M |
| 2022 | 10,207 | $971M | $95,115 | — | — | $3.4M |
| 2021 | 10,953 | $1.50B | $136,689 | $72K | — | $4.3M |
| 2020 | 11,620 | $1.66B | $143,088 | — | — | $4.0M |
| 2019 | 12,248 | $1.58B | $128,618 | — | — | $3.6M |
| 2018 | 12,919 | $1.42B | $109,532 | $7.1M | — | $4.6M |
| 2017 | 13,639 | $1.68B | $122,922 | $125M | — | $3.5M |
| 2016 | 14,157 | $1.48B | $104,496 | $25.0M | — | $3.7M |
| 2015 | 14,650 | $1.44B | $98,345 | $410M | — | $5.8M |
| 2014 | 36,203 | $3.76B | $103,733 | $100M | $199K | $7.9M |
| 2013 | 37,464 | $3.56B | $95,154 | — | $213K | $6.9M |
| 2012 | 38,449 | $3.65B | $95,011 | $150M | $217K | $8.9M |
| 2011 | 43,252 | $3.48B | $80,417 | $250M | $292K | $10.4M |
| 2010 | 44,046 | $3.28B | $74,415 | $300M | $341K | $12.7M |
| 2009 | 44,842 | $2.93B | $65,362 | $389M | $344K | $12.2M |
Years in which the plan filed the full Form 5500 with 100 or more participants, from 2009. Plan year is the year in which the plan year began.
Statement for the year
- Net assets, beginning of year$965,224,000
- Employer contributions—
- Participant contributions—
- Rollovers and other contributions—
- Total contributions$0
- Total income, including investment results$1,754,000
- Benefits paid$91,433,000
- Administrative expenses$4,874,000
- Total expenses$96,307,000
- Net income−$94,553,000
- Net transfers$0
- Net assets, end of year$870,671,000
Participants
- Active participants1,318
- Retired or separated, receiving benefits4,456
- Retired or separated, entitled to future benefits2,607
- Total participants, end of year9,325
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| Fid Inv Inst Ops Co. LLC | Recordkeeping and information management | $697,385 | $0 |
| Nisa Investment Advisors, LLC | Investment management | $283,270 | $0 |
| Legal & General Inv MGMT, America | Investment management | $274,039 | $0 |
| The Bank of New York Mellon | Trustee (bank, trust company, or similar financial institution); Investment management; Accounting (including auditing) | $234,113 | $0 |
| BlackRock Inst. Trust Co., NA | Trustee (bank, trust company, or similar financial institution); Trustee (discretionary); Investment management | $176,671 | $0 |
| Towers Watson Pennsylvania, Inc. | Actuarial | $148,700 | $0 |
| First Sentier Investors | Investment management | $125,572 | $0 |
| Northern Trust Investments | Investment management | $0 | $0 |
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Administrative expenses on Schedule H
- Other administrative expenses$3,680,000
- Contract administrator fees$526,000
- Investment advisory and management fees$333,000
- Trustee and custodial fees$140,000
- Actuarial fees$139,000
- IQPA audit fees$56,000
- Total administrative expenses$4,874,000
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Common/collective trusts$364M · 41.6%
- Corporate debt instruments$351M · 40.1%
- U.S. Government securities$110M · 12.6%
- Corporate stocks$25.3M · 2.9%
- Receivables$13.3M · 1.5%
- Cash (interest and non-interest bearing)$10.3M · 1.2%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)No
- Accounting firmBDO USA, P.C.
- Participant contributions reported as transmitted lateNo
- Covered by a fidelity bondYes, $35,000,000
- Blackout period during the yearNo
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
1ABenefits are primarily pay related1FCode section 414(k) arrangement1IFrozen plan3HPlan sponsor(s) is (are) a member(s) of a controlled group
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 339900: Other Miscellaneous Mfg.
Other plans of Kimberly-Clark Corporation
| Plan | Participants | Net assets |
|---|---|---|
| Kimberly-Clark Corporation 401(k) & Profit Sharing Plan | 17,038 | $4.99B |
Similar plans in Wisconsin
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Snap-On Incorporated Retirement Plan | Snap-On Incorporated | 9,447 | $971M | $102,787 |
| Harley-Davidson Retirement Plan | Harley-Davidson Motor Company, Inc. | 7,834 | $1.85B | $235,659 |
| Komatsu U.S. Pension Plan | Komatsu Mining Corp. | 9,765 | $721M | $73,857 |
| Molson Coors Pension Plan | Molson Coors Beverage Company USA LLC | 6,627 | $1.09B | $164,431 |
| Rockwell Automation Pension Plan | Rockwell Automation, Inc. | 14,801 | $1.78B | $119,980 |
| Regal Beloit America, Inc. Pension Plan | Regal Beloit America, Inc. | 3,575 | $155M | $43,334 |
Defined benefit plans in manufacturing closest in size.
Questions and answers
How big is Kimberly-Clark Corporation Pension Plan?
9,325 participants at the end of the plan year ending 31 Dec 2024, of whom 1,318 were active employees, with net assets of $870,671,000. Among defined benefit plans that places it in the 5,000 to 24,999 participants band, which held 651 plans in plan year 2024.
What does Kimberly-Clark Corporation contribute per participant?
This filing has no Schedule H financial statement, so employer contributions are not reported here.
What fees does the plan pay and how do they compare?
Schedule C reports $1,939,750 in compensation to service provider organisations, $208 per participant or 0.22% of net assets. The same-size median among plans reporting any Schedule C compensation was $232 per participant. Administrative expenses on Schedule H were $4,874,000. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is Kimberly-Clark Corporation. Recordkeeping or administration: Fid Inv Inst Ops Co. LLC. Investment advisory or management: Nisa Investment Advisors, LLC, Legal & General Inv MGMT, America and The Bank of New York Mellon. Trustee or custodian: The Bank of New York Mellon and BlackRock Inst. Trust Co., NA. The financial statements were audited by BDO USA, P.C.. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing reports an unmodified (unqualified) opinion. Unmodified (formerly "unqualified") is the standard clean opinion.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Jan 2024 to 31 Dec 2024, received by the Department of Labor on 7 Oct 2025. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 39-0394230, plan 001, received 7 Oct 2025; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.