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

Berwind Corporation Employees' Retirement Plan

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

Sponsored by Berwind Corporation · Pennsylvania · Finance & Insurance

What the 2023 filing shows

Berwind Corporation Employees' Retirement Plan holds $90M for 190 participants — about $475,172 per participant, down 24.6% over the 2022 plan year.

$90M
total plan assets (2022 EOY)
190
covered participants
$475,172
avg assets per participant
-24.6%
assets change YoY

The plan reported a net loss of $29M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$90M
Participants
190
State
Industry
Finance & Insurance

What the Filing Says About Berwind Corporation Employees' Retirement Plan

Berwind Corporation Employees' Retirement Plan is a Defined Benefit (Pension) retirement plan sponsored by Berwind Corporation, headquartered in Pennsylvania. As of the 2022 Form 5500 filing, the plan reports $90M in total end-of-year assets and covers 190 participants across the Finance & Insurance industry. The sponsor's EIN on file with the U.S. Department of Labor is 230406815, and the plan has been effective since 1948-07-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $120M at the beginning of 2022 to $90M at year-end — a decline of 24.6%. Net assets (after liabilities) closed the year at $90M, with reported net income of $-29,419,532 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)$120M
Total Assets (End of Year)$90M
Net Assets (End of Year)$90M
Net Income$-29,419,532
Plan TypeDefined Benefit (Pension)
Employer EIN230406815
Plan Effective Date1948-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Berwind Corporation)

Year Plans Participants Total Assets
2022 2 312 $124M
2023 2 300 $141M
2024 2 282 $148M

Nearby Defined Benefit (Pension) Plans in Pennsylvania

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

Frequently Asked Questions

How much money is in the Berwind Corporation Employees' Retirement Plan?
As of the 2022 Form 5500 filing, Berwind Corporation Employees' Retirement Plan holds $90M in total assets with 190 participants. It is sponsored by Berwind Corporation.
What type of plan is Berwind Corporation Employees' Retirement Plan?
Berwind Corporation Employees' Retirement Plan is a Defined Benefit (Pension) plan. It has been effective since 1948-07-01. The plan is filed with the U.S. Department of Labor under EIN 230406815.
Who sponsors the Berwind Corporation Employees' Retirement Plan?
Berwind Corporation Employees' Retirement Plan is sponsored by Berwind Corporation, located in Pennsylvania. The sponsor's EIN is 230406815 and the plan operates in the Finance & Insurance industry.
How did Berwind Corporation Employees' Retirement Plan perform in 2022?
Berwind Corporation Employees' Retirement Plan declined by 24.6% during 2022, moving from $120M to $90M in total assets. Net income was $-29,419,532.
Where can I find official filings for Berwind Corporation Employees' Retirement Plan?
Official Form 5500 filings for Berwind Corporation Employees' Retirement Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 230406815 or plan name at efast.dol.gov.
How does Berwind Corporation Employees' Retirement Plan compare to other plans?
You can compare Berwind Corporation Employees' Retirement Plan 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 230406815.

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.