Defined Benefit (Pension) · DOL Form 5500 · 2022
Libbey Glass LLC Pension Plan
Data updated 2026-08-11
- $211M
- Total assets
- 418
- Participants
- 96th
- Percentile by assets
- $505,414
- Avg per participant
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.
- 96th percentile by assets (of 139,126 plans)
- #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.
- $211M
- total plan assets (2022 EOY)
- 418
- covered participants
- 96th
- percentile by assets (of 139,126 plans)
- $505,414
- avg assets per participant
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 vs the 2022 asset distribution
By assets, Libbey Hourly Retirement Plan outranks 96% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 2.1x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $294M |
|---|---|
| Net Assets (End of Year) | $211M |
| Net Income | -$83M |
| Employer EIN | 222784107 |
| Plan Effective Date | 1993-06-24 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Libbey Glass LLC)
| 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
- Firstenergy Corp. Master Pension Plan $7.6B · 12,346
- Nationwide Retirement Plan $5.0B · 22,597
- American Electric Power System Retirement Plan $4.5B · 15,837
- Ohio Operating Engineers Pension Plan $3.4B · 9,749
- Laborers District Council & Contractors Pension Fund of Ohio $2.6B · 13,583
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Libbey Hourly Retirement Plan by total assets, not by location.
- Retirement Income Plan for Employees of Ul (IL) $211M · 914
- Nc Farm Bureau Mutual Insurance Company Retirement Plan (NC) $211M · 1,168
- Beam Pension Plan (IL) $212M · 348
- Lear Corporation Pension Plan (MI) $212M · 633
Frequently Asked Questions
How did Libbey Hourly Retirement Plan assets move in 2022? ▼
How have Libbey Glass LLC plan assets changed over time? ▼
Where does Libbey Hourly Retirement Plan rank by assets among Form 5500 filers? ▼
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Next read for Libbey Hourly Retirement Plan
Scale reading
Ways to act on Libbey Hourly Retirement Plan's numbers.
- By total assets, Libbey Hourly Retirement Plan 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 Ohio. Compare plans
- Libbey Glass LLC's sponsor-wide assets have grown 1.7% since 2022 across 3 plan years on file. More Manufacturing plans