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

Bekaert Corporation Retirement Income Plan

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

Sponsored by Bekaert Corporation · Georgia · Manufacturing

What the 2023 filing shows

Bekaert Corporation Retirement Income Plan holds $106M for 168 participants — about $629,208 per participant, down 25.0% over the 2022 plan year.

$106M
total plan assets (2022 EOY)
168
covered participants
$629,208
avg assets per participant
-25.0%
assets change YoY

The plan reported a net loss of $35M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$106M
Participants
168
State
Industry
Manufacturing

What the Filing Says About Bekaert Corporation Retirement Income Plan

Bekaert Corporation Retirement Income Plan is a Defined Benefit (Pension) retirement plan sponsored by Bekaert Corporation, headquartered in Georgia. As of the 2022 Form 5500 filing, the plan reports $106M in total end-of-year assets and covers 168 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 621340165, and the plan has been effective since 1961-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $141M at the beginning of 2022 to $106M at year-end — a decline of 25.0%. Net assets (after liabilities) closed the year at $106M, with reported net income of $-35,157,175 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)$141M
Total Assets (End of Year)$106M
Net Assets (End of Year)$106M
Net Income$-35,157,175
Plan TypeDefined Benefit (Pension)
Employer EIN621340165
Plan Effective Date1961-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bekaert Corporation)

Year Plans Participants Total Assets
2022 2 1,312 $265M
2023 2 1,334 $287M
2024 2 1,273 $274M

Nearby Defined Benefit (Pension) Plans in Georgia

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

Frequently Asked Questions

How much money is in the Bekaert Corporation Retirement Income Plan?
As of the 2022 Form 5500 filing, Bekaert Corporation Retirement Income Plan holds $106M in total assets with 168 participants. It is sponsored by Bekaert Corporation.
What type of plan is Bekaert Corporation Retirement Income Plan?
Bekaert Corporation Retirement Income Plan is a Defined Benefit (Pension) plan. It has been effective since 1961-01-01. The plan is filed with the U.S. Department of Labor under EIN 621340165.
Who sponsors the Bekaert Corporation Retirement Income Plan?
Bekaert Corporation Retirement Income Plan is sponsored by Bekaert Corporation, located in Georgia. The sponsor's EIN is 621340165 and the plan operates in the Manufacturing industry.
How did Bekaert Corporation Retirement Income Plan perform in 2022?
Bekaert Corporation Retirement Income Plan declined by 25.0% during 2022, moving from $141M to $106M in total assets. Net income was $-35,157,175.
Where can I find official filings for Bekaert Corporation Retirement Income Plan?
Official Form 5500 filings for Bekaert Corporation Retirement Income Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 621340165 or plan name at efast.dol.gov.
How does Bekaert Corporation Retirement Income Plan compare to other plans?
You can compare Bekaert Corporation Retirement Income Plan against other Defined Benefit (Pension) plans on the plan type page, or view plans in Georgia 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 621340165.

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.