Defined Benefit (Pension) · DOL Form 5500 · 2022

Kone Inc. Pension Plan

Data updated 2026-08-25

$159M
Total assets Near avg plan size
1,608
Participants Near avg headcount
95th
Percentile by assets National rank
$98,645
Avg per participant Below avg balance/head
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Official DOL plan name: Kone Inc. Employees' Retirement Plan · Sponsored by Kone Inc. · Illinois · Manufacturing

$159M in assets, 1,608 participants

Kone Inc.'s Kone Inc. Employees' Retirement Plan reported $159M in total assets and 1,608 participants in its 2022 DOL Form 5500 filing, ranking in the 95th 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.

  • #18,938 in Manufacturing (20,602 peers)

Coverage in Illinois

Kone Inc. Employees' Retirement Plan covers 1,608 participants in Illinois, 2.1x the typical Illinois plan (state average ~779 per filing). Assets: $159M.

#18,938
in Manufacturing (20,602 peers)
-16.4%
assets change YoY
1.6×
vs typical plan assets (national mean)

The plan reported a net loss of $31M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Kone Inc. Employees' Retirement Plan's outsized position by total assets

Kone Inc. Employees' Retirement Plan vs every filed plan by assets

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

$158,621,174 Top 5% higher than 95% 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

Kone Inc. Employees' Retirement Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Kone Inc. Employees' Retirement Plan lands in the large band (1,608 participants).

Published 5500 schedule card

Filing strip 362357423 · Kone Inc. PY 2022 · Defined Benefit (Pension)

Kone Inc. Employees' Retirement Plan · $159M · 1,608 · 95th

  • PART $159M
  • TYPE 1,608
  • NET 95th
  • BOOK Defined Benefit (Pension)
  • VS-ST near Lumber Industry Pension Plan
  • BOY ind #18938

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 Illinois →

Kone Inc. Employees' Retirement Plan in the asset neighbourhood

Semco/Enstar Non-Union Retirement PlanSemco/Enstar Non-Union Retir…$159MLumber Industry Pension Plan$159MKone Inc. Employees' Retirement PlanKone Inc. Employees' Retirem…$159MCnh Industrial U.S. Pension PlanCnh Industrial U.S. Pension …$158MIngram Retirement Plan$158M
End-of-year total assets ($M) among Kone Inc. Employees' Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Illinois filing particulars

Total Assets (Beginning of Year)$190M
Net Assets (End of Year)$159M
Net Income-$31M
Employer EIN362357423
Plan Effective Date1962-05-18
Filing StatusFILING RECEIVED

Sponsor Plan History (Kone Inc.)

Sponsor-wide plan assets over time

All Kone Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$634M 19.525268171064646% vs 2022
2024 filing year
$500M$550M$600M$650M 202220232024 $530M $634M ▲ +19.5%
Year Plans Participants Total Assets
2022 2 3,405 $530M
2023 2 3,539 $588M
2024 2 3,551 $634M

Nearby Defined Benefit (Pension) Plans in Illinois

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

Kone Inc. Employees' Retirement Plan vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -1001020304050 Total assets ($B) Participants Kone Inc. Employees' Retirement Plan, Total assets ($B): 0.158621174 · Participants: 1608Kone Inc. Employees' Retirement PlanCentral States, Southeast & Southwest Areas Pension Plan, Total assets ($B): 42.629770802 · Participants: 50096Central States, Southeast & Southwest Areas Pension PlanState Farm Insurance Companies Retirement Plan for United States Employees, Total assets ($B): 32.129102809 · Participants: 49052State Farm Insurance Companies Retirement Plan for United States EmployeesUnited Food & Commercial Workers Intl Union - Industry Pension Fund, Total assets ($B): 7.958716532 · Participants: 20170United Food & Commercial Workers Intl Union - Industry Pension FundJohn Deere Pension Plan for Salaried Employees, Total assets ($B): 7.304502684 · Participants: 0John Deere Pension Plan for Salaried EmployeesAbbott Laboratories Annuity Retirement Plan, Total assets ($B): 6.770339506 · Participants: 16809Abbott Laboratories Annuity Retirement Plan
Kone Inc. Employees' Retirement Plan vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants

Kone Inc. Employees' Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Illinois, the nearest Defined Benefit (Pension) by assets is Lumber Industry Pension Plan in WA ($159M); by covered participants it is Bayer Corporation Pension Plan in MO (1,611 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($159M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,608 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 Kone Inc. Employees' Retirement Plan assets move in 2022?
Kone Inc. Employees' Retirement Plan declined sharply - down 16.4% during 2022, from $190M to $159M. Reported net income was -$31M.
How have Kone Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Kone Inc.'s sponsor-wide assets grew 19.5%, from $530M to $634M.
Where does Kone Inc. Employees' Retirement Plan rank by assets among Form 5500 filers?
Kone Inc. Employees' Retirement Plan ranks in the 95th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Kone Inc. Employees' Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Lumber Industry Pension Plan in WA ($159M, 97 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Kone Inc. Employees' Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Bayer Corporation Pension Plan in MO (1,611 participants, $2.3B in assets).