Defined Benefit (Pension) · DOL Form 5500 · 2022

Stepan Company Pension Plan

Data updated 2026-08-11

$106M
Total assets
231
Participants
93rd
Percentile by assets
$457,565
Avg per participant
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Official DOL plan name: Stepan Company Retirement Plan for Salaried Employees · Sponsored by Stepan Company · Illinois · Manufacturing

$106M in assets, 231 participants

Stepan Company's Stepan Company Retirement Plan for Salaried Employees reported $106M in total assets and 231 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.

  • 93rd percentile by assets (of 139,126 plans)
  • #18,413 in Manufacturing (20,602 peers)

Coverage in Illinois

Stepan Company Retirement Plan for Salaried Employees covers 231 participants in Illinois, about 30% of the average Illinois filer (state average ~779 per filing). Assets: $106M.

$106M
total plan assets (2022 EOY)
231
covered participants
93rd
percentile by assets (of 139,126 plans)
$457,565
avg assets per participant

The plan reported a net loss of $32M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Participants vs Illinois filers

In Illinois, the average filing covers about 779 participants across 5,745 plans. Stepan Company Retirement Plan for Salaried Employees reports 231 participants - about 30% of that state average ($106M EOY assets).

Illinois filing particulars

Total Assets (Beginning of Year)$138M
Net Assets (End of Year)$106M
Net Income-$32M
Employer EIN361823834
Plan Effective Date1943-12-15
Filing StatusFILING RECEIVED

Sponsor Plan History (Stepan Company)

$550M$560M$570M$580M$590M$600M 202220232024 $562M $564M â–˛ +0.4%
Total plan assets by year, all Stepan Company plans on file
Year Plans Participants Total Assets
2022 5 2,847 $562M
2023 5 2,836 $595M
2024 5 2,748 $564M

Nearby Defined Benefit (Pension) Plans in Illinois

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

Stepan Company Retirement Plan for Salaried Employees vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants

Stepan Company Retirement Plan for Salaried Employees vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -1001020304050 Total assets ($B) Participants Stepan Company Retir…Central States, Sout…State Farm Insurance…United Food & Commer…John Deere Pension P…Abbott Laboratories …
Stepan Company Retirement Plan for Salaried Employees vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Stepan Company Retirement Plan for Salaried Employees by total assets, not by location.

Frequently Asked Questions

How did Stepan Company Retirement Plan for Salaried Employees assets move in 2022?
Stepan Company Retirement Plan for Salaried Employees declined sharply - down 23.3% during 2022, from $138M to $106M. Reported net income was -$32M.
How have Stepan Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Stepan Company's sponsor-wide assets grew 0.4%, from $562M to $564M.
Where does Stepan Company Retirement Plan for Salaried Employees rank by assets among Form 5500 filers?
Stepan Company Retirement Plan for Salaried Employees 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 Stepan Company Retirement Plan for Salaried Employees?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Bekaert Corporation Retirement Income Plan in GA ($106M, 168 participants).

Next read for Stepan Company Retirement Plan for Salar…

Filing takeaways

Ways to act on Stepan Company Retirement Plan for Salaried Employees's numbers.