Defined Benefit (Pension) · DOL Form 5500 · 2022

Magnetek, Inc. Pension Plan

Data updated 2026-08-25

$101M
Total assets Near avg plan size
52
Participants Small participant base
93rd
Percentile by assets National rank
$1.9M
Avg per participant High balance/head
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Official DOL plan name: Magnetek Flexcare Plus Retirement Pension Plan · Sponsored by Magnetek, Inc. · New York · Manufacturing

$101M in assets, 52 participants

Magnetek, Inc.'s Magnetek Flexcare Plus Retirement Pension Plan reported $101M in total assets and 52 participants in its 2022 DOL Form 5500 filing, ranking in the 93rd 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.

  • #18,333 in Manufacturing (20,602 peers)

Where Magnetek Flexcare Plus Retirement Pension Plan sits by assets

Magnetek Flexcare Plus Retirement Pension Plan sits in the top 10% of all filed plans by assets, $101M for 52 participants (~$1.9M/participant), down 23.6% in 2022.

#18,333
in Manufacturing (20,602 peers)
-23.6%
assets change YoY
1.0×
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.

Magnetek Flexcare Plus Retirement Pension Plan's outsized position by total assets

Magnetek Flexcare Plus Retirement Pension Plan vs every filed plan by assets

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

$100,698,797 Top 7% higher than 93% 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

Magnetek Flexcare Plus Retirement Pension Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Magnetek Flexcare Plus Retirement Pension Plan is a small filing (52 participants) on this national headcount ladder.

Plan-year Form 5500 strip

Filing strip 953917584 · Magnetek, Inc. PY 2022 · Defined Benefit (Pension)

Magnetek Flexcare Plus Retirement Pension Plan · $101M · 52 · 93rd

  • BOOK $101M
  • VS-ST 52
  • BOY 93rd
  • SCH Defined Benefit (Pension)
  • EBSA near Virginia International Terminals LLC Pension Plan
  • PART ind #18333

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 New York →

Magnetek Flexcare Plus Retirement Pension Plan in the asset neighbourhood

Dykema Gossett PLLC Retirement PlanDykema Gossett PLLC Retireme…$101MMagnetek Flexcare Plus Retirement Pension PlanMagnetek Flexcare Plus Retir…$101MVirginia International Terminals LLC Pension PlanVirginia International Termi…$101MHawkeye Pension Plan$101MMitsubishi Chemical America Pension Plan Methacrylates DivisionMitsubishi Chemical America …$101M
End-of-year total assets ($M) among Magnetek Flexcare Plus Retirement Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$132M
Net Assets (End of Year)$101M
Net Income-$31M
Employer EIN953917584
Plan Effective Date1988-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Magnetek, Inc.)

Sponsor-wide plan assets over time

All Magnetek, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$93M 7.365068124895275% vs 2022
2024 filing year
$90M$95M$100M$105M 202220232024 $101M $93.3M ▼ -7.4%
Year Plans Participants Total Assets
2022 1 52 $101M
2023 1 50 $100M
2024 1 47 $93M

Nearby Defined Benefit (Pension) Plans in New York

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

Magnetek Flexcare Plus Retirement Pension Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -100102030 Total assets ($B) Participants Magnetek Flexcare Plus Retirement Pension Plan, Total assets ($B): 0.100698797 · Participants: 52Magnetek Flexcare Plus Retirement Pension PlanIBM Personal Pension Plan, Total assets ($B): 25.511753238 · Participants: 16431IBM Personal Pension PlanConsolidated Edison Retirement Plan, Total assets ($B): 15.815266303 · Participants: 11303Consolidated Edison Retirement PlanPepsico Employees Retirement Plan I, Total assets ($B): 7.656963 · Participants: 11386Pepsico Employees Retirement Plan INew York State Nurses Association Pension Plan, Total assets ($B): 5.019503014 · Participants: 18592New York State Nurses Association Pension PlanNew York District Council of Carpenters Pension Pl, Total assets ($B): 4.837058087 · Participants: 11318New York District Council of Carpenters Pension Pl
Magnetek Flexcare Plus Retirement Pension Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants
Compare Magnetek Flexcare Plus Retirement Pension Plan side-by-side with 3 peers →

Magnetek Flexcare Plus Retirement Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New York, the nearest Defined Benefit (Pension) by assets is Virginia International Terminals LLC Pension Plan in VA ($101M); by covered participants it is Neuroscience Associates Cash Balance Plan in ID (52 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($101M here).

Similar participant headcount

Nearest other-state filings by covered participants (52 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 Magnetek Flexcare Plus Retirement Pension Plan assets move in 2022? ▼
Magnetek Flexcare Plus Retirement Pension Plan declined sharply - down 23.6% during 2022, from $132M to $101M. Reported net income was -$31M.
How have Magnetek, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Magnetek, Inc.'s sponsor-wide assets declined 7.4%, from $101M to $93M.
Where does Magnetek Flexcare Plus Retirement Pension Plan rank by assets among Form 5500 filers? ▼
Magnetek Flexcare Plus Retirement Pension Plan ranks in the 93rd percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Magnetek Flexcare Plus Retirement Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Virginia International Terminals LLC Pension Plan in VA ($101M, 127 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Magnetek Flexcare Plus Retirement Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Neuroscience Associates Cash Balance Plan in ID (52 participants, $5M 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 953917584.

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.