Defined Benefit (Pension) · DOL Form 5500 · 2022

Riggs, Counselman, Michaels & Downes, Inc. Pension Plan

Data updated 2026-08-25

$13M
Total assets Small plan by assets
53
Participants Small participant base
69th
Percentile by assets National rank
$236,519
Avg per participant Above avg balance/head
PlainRetire home → About this data

Official DOL plan name: Riggs, Counselman, Michaels & Downes, Inc. Defined Benefit Pension Plan and Trust · Sponsored by Riggs, Counselman, Michaels & Downes, Inc. · Maryland · Finance & Insurance

$13M in assets, 53 participants

Riggs, Counselman, Michaels & Downes, Inc.'s Riggs, Counselman, Michaels & Downes, Inc. Defined Benefit Pension Plan and Trust reported $13M in total assets and 53 participants in its 2022 DOL Form 5500 filing, ranking in the 69th 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.

  • #4,929 in Finance & Insurance (9,261 peers)

2022 asset change

Riggs, Counselman, Michaels & Downes, Inc. Defined Benefit Pension Plan and Trust contracted severely 44.2% in 2022 ($22M → $13M) for 53 participants.

#4,929
in Finance & Insurance (9,261 peers)
-44.2%
assets change YoY

The plan reported a net loss of $10M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Riggs, Counselman, Michaels & Downes, Inc. Defined Benefit Pension Plan and Trust's outsized position by total assets

Riggs, Counselman, Michaels & Downes, Inc. Defined Benefit Pension Plan and Trust vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$12,535,525 Top 31% higher than 69% of 139,123 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 2022

Riggs, Counselman, Michaels & Downes, Inc. Defined Benefit Pension Plan and Trust among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Riggs, Counselman, Michaels & Downes, Inc. Defined Benefit Pension Plan and Trust is a small filing (53 participants) on this national headcount ladder.

Plan-year Form 5500 strip

Filing strip 520555835 · Riggs, Counselman, Michaels & Downes, Inc. PY 2022 · Defined Benefit (Pension)

Riggs, Counselman, Michaels & Downes, Inc. Defined Benefit Pension Plan and Trust · $13M · 53 · 69th

  • TYPE $13M
  • TYPE 53
  • TYPE 69th
  • TYPE Defined Benefit (Pension)
  • TYPE near The New York Community Hospital of Brooklyn, Inc. Employees' Pension Plan
  • TYPE ind #4929

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 Maryland →

Riggs, Counselman, Michaels & Downes, Inc. Defined Benefit Pension Plan and Trust in the asset neighbourhood

Riggs, Counselman, Michaels & Downes, Inc. Defined Benefit Pension Plan and TrustRiggs, Counselman, Michaels …$13MThe New York Community Hospital of Brooklyn, Inc. Employees' Pension PlanThe New York Community Hospi…$13MThe Restated Noncontributory Retirement Plan for CooperativesThe Restated Noncontributory…$13MAero Precision Repair and Overhaul Co., Inc. Retirement Income PlanAero Precision Repair and Ov…$13MButcher and Provision Workers Pension Fund of Southern CaliforniaButcher and Provision Worker…$13M
End-of-year total assets ($M) among Riggs, Counselman, Michaels & Downes, Inc. Defined Benefit Pension Plan and Trust and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

2022 asset-move particulars

Total Assets (Beginning of Year)$22M
Net Assets (End of Year)$13M
Net Income-$10M
Employer EIN520555835
Plan Effective Date1956-07-01
Filing StatusFILING RECEIVED

Nearby Defined Benefit (Pension) Plans in Maryland

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

Riggs, Counselman, Michaels & Downes, Inc. Defined Benefit Pension Plan and Trust vs. nearby Defined Benefit (Pension) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -505101520 Total assets ($B) Participants Riggs, Counselman, Michaels & Downes, Inc. Defined Benefit Pension Plan and Trust, Total assets ($B): 0.012535525 · Participants: 53Riggs, Counselman, Michaels & Downes, Inc. Defined Benefit Pension Plan and TrustLockheed Martin Corporation Salaried Employee Retirement Program, Total assets ($B): 18.843533772 · Participants: 21647Lockheed Martin Corporation Salaried Employee Retirement ProgramNational Automatic Sprinkler Industry Pension Fund, Total assets ($B): 4.273549408 · Participants: 14916National Automatic Sprinkler Industry Pension FundMajor League Baseball Players Pension Plan, Total assets ($B): 4.247803775 · Participants: 1041Major League Baseball Players Pension PlanInternational Painters and Allied Trades Industry Pension Plan, Total assets ($B): 3.938448124 · Participants: 50952International Painters and Allied Trades Industry Pension PlanBert Bell/Pete Rozelle Nfl Player Retirement Plan, Total assets ($B): 3.67312584 · Participants: 2587Bert Bell/Pete Rozelle Nfl Player Retirement Plan
Riggs, Counselman, Michaels & Downes, Inc. Defined Benefit Pension Plan and Trust vs. nearby Defined Benefit (Pension) plans in Maryland, assets vs. participants
Compare Riggs, Counselman, Michaels & Downes, Inc. Defined Benefit Pension Plan and Trust side-by-side with 3 peers →

Riggs, Counselman, Michaels & Downes, Inc. Defined Benefit Pension Plan and Trust's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Maryland, the nearest Defined Benefit (Pension) by assets is The New York Community Hospital of Brooklyn, Inc. Employees' Pension Plan in NY ($13M); by covered participants it is Mid-Rivers Telephone Cooperative Employees' Pension Plan in MT (53 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (53 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Riggs, Counselman, Michaels & Downes, Inc. Defined Benefit Pension Plan and Trust assets move in 2022? ▼
Riggs, Counselman, Michaels & Downes, Inc. Defined Benefit Pension Plan and Trust contracted severely - down 44.2% during 2022, from $22M to $13M. Reported net income was -$10M.
Which Defined Benefit (Pension) plans are similar in size to Riggs, Counselman, Michaels & Downes, Inc. Defined Benefit Pension Plan and Trust? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is The New York Community Hospital of Brooklyn, Inc. Employees' Pension Plan in NY ($13M, 67 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Riggs, Counselman, Michaels & Downes, Inc. Defined Benefit Pension Plan and Trust? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Mid-Rivers Telephone Cooperative Employees' Pension Plan in MT (53 participants, $2 in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 520555835.

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.