Defined Benefit (Pension)
2022 plan-year Defined Benefit (Pension) DOL Form 5500

Pension Plan for Hourly Employees of Neville Chemical Company

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Neville Chemical Company · Pennsylvania · Manufacturing

What the 2023 filing shows

Pension Plan for Hourly Employees of Neville Chemical Company holds $23M for 47 participants — about $488,285 per participant, down 23.7% over the 2022 plan year.

$23M
total plan assets (2022 EOY)
47
covered participants
$488,285
avg assets per participant
-23.7%
assets change YoY

The plan reported a net loss of $7M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$23M
Participants
47
State
Industry
Manufacturing

What the Filing Says About Pension Plan for Hourly Employees of Neville Chemical Company

Pension Plan for Hourly Employees of Neville Chemical Company is a Defined Benefit (Pension) retirement plan sponsored by Neville Chemical Company, headquartered in Pennsylvania. As of the 2022 Form 5500 filing, the plan reports $23M in total end-of-year assets and covers 47 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 250689790, and the plan has been effective since 1964-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $30M at the beginning of 2022 to $23M at year-end — a decline of 23.7%. Net assets (after liabilities) closed the year at $23M, with reported net income of $-7,109,254 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$30M
Total Assets (End of Year)$23M
Net Assets (End of Year)$23M
Net Income$-7,109,254
Plan TypeDefined Benefit (Pension)
Employer EIN250689790
Plan Effective Date1964-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Neville Chemical Company)

Year Plans Participants Total Assets
2022 3 156 $54M
2023 3 149 $55M
2024 3 125 $54M

Nearby Defined Benefit (Pension) Plans in Pennsylvania

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Frequently Asked Questions

How much money is in the Pension Plan for Hourly Employees of Neville Chemical Company?
As of the 2022 Form 5500 filing, Pension Plan for Hourly Employees of Neville Chemical Company holds $23M in total assets with 47 participants. It is sponsored by Neville Chemical Company.
What type of plan is Pension Plan for Hourly Employees of Neville Chemical Company?
Pension Plan for Hourly Employees of Neville Chemical Company is a Defined Benefit (Pension) plan. It has been effective since 1964-01-01. The plan is filed with the U.S. Department of Labor under EIN 250689790.
Who sponsors the Pension Plan for Hourly Employees of Neville Chemical Company?
Pension Plan for Hourly Employees of Neville Chemical Company is sponsored by Neville Chemical Company, located in Pennsylvania. The sponsor's EIN is 250689790 and the plan operates in the Manufacturing industry.
How did Pension Plan for Hourly Employees of Neville Chemical Company perform in 2022?
Pension Plan for Hourly Employees of Neville Chemical Company declined by 23.7% during 2022, moving from $30M to $23M in total assets. Net income was $-7,109,254.
Where can I find official filings for Pension Plan for Hourly Employees of Neville Chemical Company?
Official Form 5500 filings for Pension Plan for Hourly Employees of Neville Chemical Company are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 250689790 or plan name at efast.dol.gov.
How does Pension Plan for Hourly Employees of Neville Chemical Company compare to other plans?
You can compare Pension Plan for Hourly Employees of Neville Chemical Company against other Defined Benefit (Pension) plans on the plan type page, or view plans in Pennsylvania on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 250689790.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.