Defined Benefit (Pension) · DOL Form 5500 · 2022

Libbey Glass LLC Pension Plan

Data updated 2026-08-25

$211M
Total assets Near avg plan size
418
Participants Below avg headcount
96th
Percentile by assets National rank
$505,414
Avg per participant High balance/head
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Official DOL plan name: Libbey Hourly Retirement Plan · Sponsored by Libbey Glass LLC · Ohio · Manufacturing

$211M in assets, 418 participants

Libbey Glass LLC's Libbey Hourly Retirement Plan reported $211M in total assets and 418 participants in its 2022 DOL Form 5500 filing, ranking in the 96th 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.

  • #19,233 in Manufacturing (20,602 peers)

Where Libbey Hourly Retirement Plan sits by assets

Libbey Hourly Retirement Plan sits in the top 5% of all filed plans by assets, $211M for 418 participants (~$505,414/participant), down 28.2% in 2022.

#19,233
in Manufacturing (20,602 peers)
-28.2%
assets change YoY
2.1×
vs typical plan assets (national mean)

The plan reported a net loss of $83M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Libbey Hourly Retirement Plan's outsized position by total assets

Libbey Hourly Retirement Plan vs every filed plan by assets

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

$211,262,874 Top 4% higher than 96% 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

Libbey Hourly 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. Libbey Hourly Retirement Plan sits mid-pack in the medium band (418 participants).

EBSA filing schedule strip

Filing strip 222784107 · Libbey Glass LLC PY 2022 · Defined Benefit (Pension)

Libbey Hourly Retirement Plan · $211M · 418 · 96th

  • EBSA $211M
  • PART 418
  • TYPE 96th
  • NET Defined Benefit (Pension)
  • BOOK near Retirement Income Plan for Employees of Ul
  • VS-ST ind #19233

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 →

Libbey Hourly Retirement Plan in the asset neighbourhood

Lear Corporation Pension Plan$212MBeam Pension Plan$212MRetirement Income Plan for Employees of UlRetirement Income Plan for E…$211MLibbey Hourly Retirement Plan$211MNc Farm Bureau Mutual Insurance Company Retirement PlanNc Farm Bureau Mutual Insura…$211M
End-of-year total assets ($M) among Libbey Hourly Retirement 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)$294M
Net Assets (End of Year)$211M
Net Income-$83M
Employer EIN222784107
Plan Effective Date1993-06-24
Filing StatusFILING RECEIVED

Sponsor Plan History (Libbey Glass LLC)

Sponsor-wide plan assets over time

All Libbey Glass LLC plans reported in each filing year

Latest sponsor-wide plan assets
$407M 1.7326824666294478% vs 2022
2024 filing year
$395M$400M$405M$410M$415M$420M 202220232024 $400M $407M ▲ +1.7%
Year Plans Participants Total Assets
2022 4 1,694 $400M
2023 4 1,642 $414M
2024 4 1,464 $407M

Nearby Defined Benefit (Pension) Plans in Ohio

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

Libbey Hourly Retirement Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -202468 Total assets ($B) Participants Libbey Hourly Retirement Plan, Total assets ($B): 0.211262874 · Participants: 418Libbey Hourly 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
Libbey Hourly Retirement Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants

Libbey Hourly Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Ohio, the nearest Defined Benefit (Pension) by assets is Retirement Income Plan for Employees of Ul in IL ($211M); by covered participants it is Seaboard Corporation Pension Plan in KS (418 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($211M here).

Similar participant headcount

Nearest other-state filings by covered participants (418 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 Libbey Hourly Retirement Plan assets move in 2022? ▼
Libbey Hourly Retirement Plan declined sharply - down 28.2% during 2022, from $294M to $211M. Reported net income was -$83M.
How have Libbey Glass LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Libbey Glass LLC's sponsor-wide assets grew 1.7%, from $400M to $407M.
Where does Libbey Hourly Retirement Plan rank by assets among Form 5500 filers? ▼
Libbey Hourly Retirement Plan ranks in the 96th 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 Libbey Hourly Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Retirement Income Plan for Employees of Ul in IL ($211M, 914 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Libbey Hourly Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Seaboard Corporation Pension Plan in KS (418 participants, $126M in assets).