Defined Benefit (Pension) · DOL Form 5500 · 2022

Continental Automotive, Inc. Pension Plan

Data updated 2026-08-11

$398M
Total assets
935
Participants
97th
Percentile by assets
$426,083
Avg per participant
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Official DOL plan name: Pension Plan for Hourly-Paid Employees of Continental Automotive Inc. & Certain Affiliated Companies · Sponsored by Continental Automotive, Inc. · South Carolina · Manufacturing

$398M in assets, 935 participants

Continental Automotive, Inc.'s Pension Plan for Hourly-Paid Employees of Continental Automotive Inc. & Certain Affiliated Companies reported $398M in total assets and 935 participants in its 2022 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 139,126 plans)
  • #19,743 in Manufacturing (20,602 peers)

Coverage in South Carolina

Pension Plan for Hourly-Paid Employees of Continental Automotive Inc. & Certain Affiliated Companies covers 935 participants in South Carolina, 2.5x the typical South Carolina plan (state average ~369 per filing). Assets: $398M.

$398M
total plan assets (2022 EOY)
935
covered participants
97th
percentile by assets (of 139,126 plans)
$426,083
avg assets per participant

The plan reported a net loss of $139M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Industry

Participants vs South Carolina filers

In South Carolina, the average filing covers about 369 participants across 1,490 plans. Pension Plan for Hourly-Paid Employees of Continental Automotive Inc. & Certain Affiliated Companies reports 935 participants - 2.5x that state average ($398M EOY assets).

South Carolina filing particulars

Total Assets (Beginning of Year)$537M
Net Assets (End of Year)$398M
Net Income-$139M
Employer EIN510304065
Plan Effective Date1987-10-30
Filing StatusFILING RECEIVED

Sponsor Plan History (Continental Automotive, Inc.)

$1B$1.5B$2B 202220232024 $1.73B $1.09B ▼ -37.0%
Total plan assets by year, all Continental Automotive, Inc. plans on file
Year Plans Participants Total Assets
2022 5 4,897 $1.7B
2023 5 4,459 $1.9B
2024 5 4,426 $1.1B

Nearby Defined Benefit (Pension) Plans in South Carolina

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

Pension Plan for Hourly-Paid Employees of Continental Automotive Inc. & Certain Affiliated Companies vs. nearby Defined Benefit (Pension) plans in South Carolina, assets vs. participants

Pension Plan for Hourly-Paid Employees of Continental Automotive Inc. & Certain Affiliated Companies vs. nearby Defined Benefit (Pension) plans in South Carolina, assets vs. participants Scatter plot of 6 data points. 010002000300040005000 01234 Total assets ($B) Participants Pension Plan for Hou…The Savannah River N…Michelin Retirement …Non-Contributory Ret…Kennametal Inc. Reti…Waterfront Employers…
Pension Plan for Hourly-Paid Employees of Continental Automotive Inc. & Certain Affiliated Companies vs. nearby Defined Benefit (Pension) plans in South Carolina, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Pension Plan for Hourly-Paid Employees of Continental Automotive Inc. & Certain Affiliated Companies by total assets, not by location.

Frequently Asked Questions

How did Pension Plan for Hourly-Paid Employees of Continental Automotive Inc. & Certain Affiliated Companies assets move in 2022?
Pension Plan for Hourly-Paid Employees of Continental Automotive Inc. & Certain Affiliated Companies declined sharply - down 25.8% during 2022, from $537M to $398M. Reported net income was -$139M.
How have Continental Automotive, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Continental Automotive, Inc.'s sponsor-wide assets declined 36.9%, from $1.7B to $1.1B.
Where does Pension Plan for Hourly-Paid Employees of Continental Automotive Inc. & Certain Affiliated Companies rank by assets among Form 5500 filers?
Pension Plan for Hourly-Paid Employees of Continental Automotive Inc. & Certain Affiliated Companies ranks in the 97th 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 Pension Plan for Hourly-Paid Employees of Continental Automotive Inc. & Certain Affiliated Companies?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Nrg Pension Plan in NJ ($399M, 566 participants).

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Filing takeaways

Ways to act on Pension Plan for Hourly-Paid Employees of Continental Automotive Inc. & Certain Affiliated Companies's numbers.

  • By total assets, Pension Plan for Hourly-Paid Employees of Continental Automotive Inc. & Certain Affiliated Companies ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in South Carolina. Compare plans
  • Continental Automotive, Inc.'s sponsor-wide assets have declined 36.9% since 2022 across 3 plan years on file. More Manufacturing plans