Providers › Investment advisory and management
Service provider · Schedule C, plan year 2024
Jennison Associates LLC
Most often reported for investment advisory and management
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. Schedule C lists only providers a plan paid $5,000 or more, and is filed only by plans with 100 or more participants.
For plan year 2024, 55 retirement plans with 100 or more participants reported paying Jennison Associates LLC $5,000 or more. Those plans cover 2,806,218 participant records, and the service most often reported is investment advisory and management.
Reported compensation from those plans, direct and indirect, totalled $45.8M. Per plan, the median was $23.72 per participant, with the middle half of plans between $8.98 and $56.60. These are amounts plans reported paying this organisation, not a price list: they depend on which services each plan buys and on how much is paid through fund expenses instead.
Its client plans are most numerous in Pennsylvania (9), California (5) and New York (5).
In 2009 it appeared on 8 such filings; in 2024, 57. Yearly counts include every filing that names it, so they can run slightly above the number of plans with pages here, and name or EIN changes after mergers can break the series.
Reported compensation per plan
| Across this provider's plans | 25th percentile | Median | 75th percentile |
|---|---|---|---|
| Compensation per participant | $8.98 | $23.72 | $56.60 |
| Compensation as a share of plan net assets | 0.01% | 0.02% | 0.04% |
What each plan reported paying this organisation, not the plan's total cost. For reference, the median US defined contribution plan reported $123 per participant to all Schedule C providers combined.
Plans served by year
Matched by employer identification number. A merger or a change of filing entity starts a new series, so a drop to zero is not a loss of clients by itself.
By state
By plan size
Services reported
Largest plans naming this provider
| Plan | Sponsor | State | Participants | Net assets | Reported to this provider |
|---|---|---|---|---|---|
| Western Conference of Teamsters Pension Plan | Western Conference of Teamsters Pension Trust Fund Board of Trustees | WA | 639,222 | $55.8B | $13.3M |
| Central States, Southeast & Southwest Areas Pension Plan | Trustees of Central States, SE and SW Areas Pension Fund | IL | 332,020 | $38.3B | $628K |
| JPMorgan Chase 401(k) Savings Plan | JPMorgan Chase Bank, National Association | NJ | 300,272 | $52.4B | $2.5M |
| JPMorgan Chase Retirement Plan | JPMorgan Chase Bank, National Association | NJ | 202,919 | $14.6B | $2.2M |
| United Association National Pension Fund | B/o/t United Association National Pension Fund | VA | 196,837 | $7.70B | $1.4M |
| National Electrical Annuity Plan | Trustees of the National Electrical Annuity Plan | MD | 182,716 | $16.8B | $1.1M |
| The PNC Financial Services Group, Inc. Pension Plan | The PNC Financial Services Group, Inc. | PA | 115,646 | $5.53B | $1.5M |
| Pepsico, Inc. Employees Retirement Plan H | Pepsico, Inc. | NY | 85,189 | $4.20B | $550K |
| The Southern Company Pension Plan | Southern Company Services, Inc. | GA | 58,166 | $15.0B | $1.4M |
| Pepsico Employees Retirement Plan I | Pepsico, Inc. | NY | 55,326 | $6.82B | $435K |
| The Bank of New York Mellon Corporation Pension Plan | The Bank of New York Mellon | PA | 54,048 | $5.18B | $680K |
| Annuity Plan of the Electrical Industry | Board of Trustees of the Annuity Plan of the Electrical Industry | NY | 39,697 | $2.28B | $349K |
| HSBC - North America (U.S.) Pension Plan | HSBC North America Holdings Inc. | IL | 39,143 | $2.86B | $959K |
| Ernst & Young Inactive Defined Benefit Retirement Plan | Ernst & Young U.S. LLP | NJ | 38,877 | $2.16B | $356K |
| Glaxosmithkline Cash Balance Pension Plan | Glaxosmithkline LLC | PA | 35,701 | $2.90B | $624K |
| Union Carbide Employees' Pension Plan | Union Carbide Corporation C/o the Dow Chemical Company | MI | 31,806 | $2.13B | $940K |
| Shell Pension Plan | Shell USA, Inc. | TX | 31,775 | $9.57B | $1.9M |
| Boilermakers National Annuity Trust | Board of Trustees Boilermakers National Annuity | MO | 29,668 | $1.28B | $151K |
| Keycorp 401(k) Savings Plan | Keycorp | OH | 28,272 | $4.13B | $1.3M |
| Ilwu-Pma Pension Plan | Trustees of Ilwu-Pma Pension Plan | CA | 25,317 | $10.7B | $1.4M |
| BD Retirement Plan | Becton Dickinson and Company | NJ | 22,288 | $1.57B | $68K |
| California Ironworkers Field Pension Trust | Board of Trustees, California Ironworkers Field Pension Trust Fun | CA | 21,447 | $3.49B | $687K |
| Aep Retirement Savings 401(k) Plan | American Electric Power Service Corporation | OH | 21,396 | $5.22B | $662K |
| Operating Engineers' Local 324 Pension Fund | Joint Board of Trustees Operating Engineers Local 324 | MI | 21,246 | $1.92B | $1.5M |
| Operating Engineers' Local 324, Defined Contribution Pension Plan | Joint Board of Trustees, Operating Engineers Local 324, DC | MI | 20,636 | $248M | $372K |
| North Central States Regional Council of Carpenters Pension Fund | Joint Board of Trustees of North Central States Regional Council of | WI | 18,092 | $1.83B | $537K |
| Twin City Carpenters and Joiners Pension Fund | Board of Trustees of the Twin City Carpenters and Joiners Pension Fund | MN | 18,016 | $2.01B | $575K |
| Toyota Motor Sales, U.S.A., Inc. Pension Plan | Toyota Motor North America, Inc. | TX | 14,281 | $4.47B | $813K |
| Ericsson US 401(k) Plan | Ericsson Inc. | TX | 12,872 | $3.77B | $790K |
| Pension Plan for Employees at Ornl | Ut-Battelle, LLC | TN | 12,721 | $2.40B | $66K |
| Southern California Gas Company Pension Plan | Southern California Gas Company | CA | 12,106 | $2.36B | $222K |
| Xcel Energy Pension Plan and Xcel Energy Pension Plan for Bargaining Employees | Xcel Energy Inc. | MN | 11,750 | $1.24B | $158K |
| FMC Corporation Employees' Retirement Program | FMC Corporation | PA | 7,924 | $958M | $468K |
| International Union of Operating Engineers Pension Fund of Eastern Pennsylvania and Delaware | International Union of Operting Eng. Pen Fund of E.pennsylvania and de | PA | 7,393 | $1.06B | $1.3M |
| New Century Energies, Inc. Retirement Plan for Public Service Company of Colorado Bargaining Unit Ees and Former Non-Bargaining Unit Ees | Xcel Energy Inc. | MN | 6,472 | $860M | $156K |
| San Diego Gas & Electric Company Cash Balance Plan | San Diego Gas & Electric Company | CA | 6,335 | $842M | $67K |
| The Pension Plan of Arrowood Indemnity Company | Arrowpoint Group, Inc. | NC | 6,033 | $520M | $131K |
| Mufg Bank, Ltd. Retirement Plan | Mufg Bank, Ltd. | NY | 5,878 | $1.01B | $486K |
| Western PA Electrical Employees Pension Trust Fund | Board of Trustees,ibew Local Union No 5 & Western PA Chapter Neca | PA | 4,769 | $823M | $543K |
| Reading Health System Pension Plan | Reading Health System | PA | 4,338 | $432M | $214K |
Questions and answers
How many plans does Jennison Associates LLC serve?
55 plans with 100 or more participants named it on Schedule C for plan year 2024. Plans that paid it under $5,000, small plans that file Form 5500-SF, and plans whose filings spell its name without an EIN under a different form are not counted.
What do plans pay Jennison Associates LLC?
The median plan reported $23.72 per participant in direct and indirect compensation (55 plans reporting an amount), or 0.02% of plan net assets. Eligible indirect compensation disclosed to the plan by formula is not reported as a dollar amount, so many filings understate what a provider receives.
What services are reported?
The service codes most often attached to it are Investment management (44 plans), Investment advisory (plan) (3 plans), Contract Administrator (1 plans) and Custodial (securities) (1 plans).
Where does this come from?
Schedule C of Form 5500, Part I line 2, from the EBSA research files with filings received through 24 Aug 2026. Individuals named on Schedule C are excluded from this site.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, Schedule C Part I line 2, public domain, with filings received through 24 Aug 2026. Rows are grouped by the provider's EIN as entered by each plan; rows without an EIN join the EIN most often filed under the same name. Providers named on fewer than 25 plans have no page. See the methodology and corrections.