Defined Benefit (Pension) · DOL Form 5500 · 2022

Neo Magnequench Distribution, LLC Pension Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
N/A
Participants Small participant base
52nd
Percentile by assets National rank
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Official DOL plan name: Magnequench International, Inc. Hourly Pension Plan · Sponsored by Neo Magnequench Distribution, LLC · Indiana · Manufacturing

$5M in assets, N/A participants

Neo Magnequench Distribution, LLC's Magnequench International, Inc. Hourly Pension Plan reported $5M in total assets and N/A participants in its 2022 DOL Form 5500 filing, ranking in the 52nd 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.

  • #7,441 in Manufacturing (20,602 peers)

2022 asset change

Magnequench International, Inc. Hourly Pension Plan declined sharply 18.2% in 2022 ($7M → $5M) for N/A participants.

#7,441
in Manufacturing (20,602 peers)
-18.2%
assets change YoY

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Magnequench International, Inc. Hourly Pension Plan's mid-pack asset rank among Manufacturing and all filers

Magnequench International, Inc. Hourly Pension Plan vs every filed plan by assets

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

$5,394,138 Top 48% higher than 52% 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

Filed plans by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets.

Form 5500 schedule snapshot

Filing strip 813516824 · Neo Magnequench Distribution, LLC PY 2022 · Defined Benefit (Pension)

Magnequench International, Inc. Hourly Pension Plan · $5M · N/A · 52nd

  • SCH $5M
  • SCH N/A
  • SCH 52nd
  • SCH Defined Benefit (Pension)
  • SCH near Oxychem Alkali Pension Plan for Hourly-Rated Employees
  • SCH ind #7441

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 Manufacturing retirement plans → · Plans in Indiana →

Magnequench International, Inc. Hourly Pension Plan in the asset neighbourhood

Heritage Credit Union Cash Balance Defined Benefit Plan and TrustHeritage Credit Union Cash B…$5MBoyd Coffee Company Pension PlanBoyd Coffee Company Pension …$5MOxychem Alkali Pension Plan for Hourly-Rated EmployeesOxychem Alkali Pension Plan …$5MMagnequench International, Inc. Hourly Pension PlanMagnequench International, I…$5MSharpe & Associates, Inc. Defined Benefit PlanSharpe & Associates, Inc. De…$5M
End-of-year total assets ($M) among Magnequench International, Inc. Hourly Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Neo Magnequench Distribution, LLC years around the 2022 move

Sponsor-wide plan assets over time

All Neo Magnequench Distribution, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$6M 4.043760096608578% vs 2022
2024 filing year
$5.3M$5.4M$5.5M$5.6M$5.7M$5.8M 202220232024 $5.39M $5.61M ▲ +4.1%
Year Plans Participants Total Assets
2022 1 N/A $5M
2023 1 N/A $6M
2024 1 N/A $6M

2022 asset-move particulars

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$5M
Net Income-$1M
Employer EIN813516824
Plan Effective Date1995-10-01
Filing StatusFILING RECEIVED

Nearby Defined Benefit (Pension) Plans in Indiana

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

Magnequench International, Inc. Hourly Pension Plan vs. nearby Defined Benefit (Pension) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -5051015 Total assets ($B) Participants Magnequench International, Inc. Hourly Pension Plan, Total assets ($B): 0.005394138 · Participants: 0Magnequench International, Inc. Hourly Pension PlanThe Lilly Retirement Plan, Total assets ($B): 11.231261789 · Participants: 16878The Lilly Retirement PlanCummins Pension Plan, Total assets ($B): 3.227971207 · Participants: 24119Cummins Pension PlanIndiana Laborers Pension Fund, Total assets ($B): 1.488495807 · Participants: 9896Indiana Laborers Pension FundElevance Health Cash Balance Plan a, Total assets ($B): 1.222287988 · Participants: 8650Elevance Health Cash Balance Plan aNisource Pension Plan, Total assets ($B): 1.05154978 · Participants: 2283Nisource Pension Plan
Magnequench International, Inc. Hourly Pension Plan vs. nearby Defined Benefit (Pension) plans in Indiana, assets vs. participants

Magnequench International, Inc. Hourly Pension Plan's closest out-of-state Defined Benefit (Pension) peers by assets

Outside Indiana, the nearest Defined Benefit (Pension) by end-of-year assets is Oxychem Alkali Pension Plan for Hourly-Rated Employees in TX at $5M (this filing: $5M).

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 Magnequench International, Inc. Hourly Pension Plan assets move in 2022?
Magnequench International, Inc. Hourly Pension Plan declined sharply - down 18.2% during 2022, from $7M to $5M. Reported net income was -$1M.
How have Neo Magnequench Distribution, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Neo Magnequench Distribution, LLC's sponsor-wide assets grew 4.0%, from $5M to $6M.
Which Defined Benefit (Pension) plans are similar in size to Magnequench International, Inc. Hourly Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Oxychem Alkali Pension Plan for Hourly-Rated Employees in TX ($5M, 13 participants).