Defined Benefit (Pension) · DOL Form 5500 · 2022
Lufkin Gears LLC Pension Plan
Data updated 2026-08-11
- $295M
- Total assets
- 181
- Participants
- 97th
- Percentile by assets
- $1.6M
- Avg per participant
Official DOL plan name: Retirement Plan for Employees of Lufkin Gears LLC · Sponsored by Lufkin Gears LLC · Texas · Manufacturing
$295M in assets, 181 participants
Lufkin Gears LLC's Retirement Plan for Employees of Lufkin Gears LLC reported $295M in total assets and 181 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)
- #19,525 in Manufacturing (20,602 peers)
Coverage in Texas
Retirement Plan for Employees of Lufkin Gears LLC covers 181 participants in Texas, about 26% of the average Texas filer (state average ~688 per filing). Assets: $295M.
- $295M
- total plan assets (2022 EOY)
- 181
- covered participants
- 97th
- percentile by assets (of 139,126 plans)
- $1.6M
- avg assets per participant
The plan reported a net loss of $105M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs Texas filers
In Texas, the average filing covers about 688 participants across 10,116 plans. Retirement Plan for Employees of Lufkin Gears LLC reports 181 participants - about 26% of that state average ($295M EOY assets).
Texas filing particulars
| Total Assets (Beginning of Year) | $400M |
|---|---|
| Net Assets (End of Year) | $295M |
| Net Income | -$105M |
| Employer EIN | 750404410 |
| Plan Effective Date | 1960-12-31 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Lufkin Gears LLC)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 181 | $295M |
| 2023 | 1 | 172 | N/A |
Nearby Defined Benefit (Pension) Plans in Texas
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Retirement Plan for Employees of Lufkin Gears LLC vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants
- AT&T Pension Benefit Plan $41.0B · 119,463
- Shell Pension Plan $14.6B · 12,912
- Exxonmobil Pension Plan $11.6B · 23,661
- Caterpillar Inc. Retirement Income Plan $9.5B · 12,815
- Bp Retirement Accumulation Plan $5.4B · 9,156
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Retirement Plan for Employees of Lufkin Gears LLC by total assets, not by location.
Frequently Asked Questions
How did Retirement Plan for Employees of Lufkin Gears LLC assets move in 2022? ▼
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Filing takeaways
Ways to act on Retirement Plan for Employees of Lufkin Gears LLC's numbers.
- By total assets, Retirement Plan for Employees of Lufkin Gears LLC 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 Texas. Compare plans