Defined Benefit (Pension) · DOL Form 5500 · 2022

The Gorman-Rupp Company Pension Plan

Data updated 2026-08-25

$48M
Total assets Below avg plan size
294
Participants Below avg headcount
88th
Percentile by assets National rank
$164,457
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: The Gorman-Rupp Company Retirement Plan · Sponsored by The Gorman-Rupp Company · Ohio · Manufacturing

$48M in assets, 294 participants

The Gorman-Rupp Company's The Gorman-Rupp Company Retirement Plan reported $48M in total assets and 294 participants in its 2022 DOL Form 5500 filing, ranking in the 88th 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.

  • #16,887 in Manufacturing (20,602 peers)

Coverage in Ohio

The Gorman-Rupp Company Retirement Plan covers 294 participants in Ohio, about 38% of the average Ohio filer (state average ~765 per filing). Assets: $48M.

#16,887
in Manufacturing (20,602 peers)
-35.2%
assets change YoY
0.5×
vs typical plan assets (national mean)

The plan reported a net loss of $26M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

The Gorman-Rupp Company Retirement Plan's outsized position by total assets

The Gorman-Rupp Company Retirement Plan vs every filed plan by assets

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

$48,350,235 Top 12% higher than 88% 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

The Gorman-Rupp Company Retirement Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Gorman-Rupp Company Retirement Plan sits mid-pack in the medium band (294 participants).

Plan-year Form 5500 strip

Filing strip 340253990 · The Gorman-Rupp Company PY 2022 · Defined Benefit (Pension)

The Gorman-Rupp Company Retirement Plan · $48M · 294 · 88th

  • BOY $48M
  • BOY 294
  • BOY 88th
  • BOY Defined Benefit (Pension)
  • BOY near Chenango Memorial Hospital Employees' Pension Plan
  • BOY ind #16887

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 Ohio →

The Gorman-Rupp Company Retirement Plan in the asset neighbourhood

Retirement Plan of Transcontinental US LLCRetirement Plan of Transcont…$48MChenango Memorial Hospital Employees' Pension PlanChenango Memorial Hospital E…$48MThe Gorman-Rupp Company Retirement PlanThe Gorman-Rupp Company Reti…$48MVassar College Defined Benefit Pension PlanVassar College Defined Benef…$48MRetirement Plan for Employees of U.S. Epperson Underwriting CompanyRetirement Plan for Employee…$48M
End-of-year total assets ($M) among The Gorman-Rupp Company Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Ohio filing particulars

Total Assets (Beginning of Year)$75M
Net Assets (End of Year)$48M
Net Income-$26M
Employer EIN340253990
Plan Effective Date1982-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Gorman-Rupp Company)

Sponsor-wide plan assets over time

All The Gorman-Rupp Company plans reported in each filing year

Latest sponsor-wide plan assets
$179M 41.119054388347614% vs 2022
2024 filing year
$120M$140M$160M$180M$200M 202220232024 $127M $179M ▲ +41.1%
Year Plans Participants Total Assets
2022 3 1,342 $127M
2023 3 1,545 $152M
2024 3 1,667 $179M

Nearby Defined Benefit (Pension) Plans in Ohio

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

The Gorman-Rupp Company Retirement Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -202468 Total assets ($B) Participants The Gorman-Rupp Company Retirement Plan, Total assets ($B): 0.048350235 · Participants: 294The Gorman-Rupp Company Retirement PlanFirstenergy Corp. Master Pension Plan, Total assets ($B): 7.559275463 · Participants: 12346Firstenergy Corp. Master Pension PlanNationwide Retirement Plan, Total assets ($B): 5.017579718 · Participants: 22597Nationwide Retirement PlanAmerican Electric Power System Retirement Plan, Total assets ($B): 4.498685298 · Participants: 15837American Electric Power System Retirement PlanOhio Operating Engineers Pension Plan, Total assets ($B): 3.394372488 · Participants: 9749Ohio Operating Engineers Pension PlanLaborers District Council & Contractors Pension Fund of Ohio, Total assets ($B): 2.645337912 · Participants: 13583Laborers District Council & Contractors Pension Fund of Ohio
The Gorman-Rupp Company Retirement Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants

The Gorman-Rupp Company Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Ohio, the nearest Defined Benefit (Pension) by assets is Chenango Memorial Hospital Employees' Pension Plan in NY ($48M); by covered participants it is Covington Portfolio Pension Plan in DC (294 participants). Same-state nearby plans are listed separately above.

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 The Gorman-Rupp Company Retirement Plan assets move in 2022?
The Gorman-Rupp Company Retirement Plan contracted severely - down 35.2% during 2022, from $75M to $48M. Reported net income was -$26M.
How have The Gorman-Rupp Company plan assets changed over time?
Across 3 plan years on file (2022-2024), The Gorman-Rupp Company's sponsor-wide assets grew 41.1%, from $127M to $179M.
Where does The Gorman-Rupp Company Retirement Plan rank by assets among Form 5500 filers?
The Gorman-Rupp Company Retirement Plan ranks in the 88th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to The Gorman-Rupp Company Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Chenango Memorial Hospital Employees' Pension Plan in NY ($48M, 145 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to The Gorman-Rupp Company Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Covington Portfolio Pension Plan in DC (294 participants, $102M in assets).