Defined Benefit (Pension) · DOL Form 5500 · 2022

Basic American, Inc. Pension Plan

Data updated 2026-08-25

$19M
Total assets Small plan by assets
155
Participants Small participant base
76th
Percentile by assets National rank
$121,765
Avg per participant Near avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Pension Plan Basic American Foods · Sponsored by Basic American, Inc. · California · Manufacturing

$19M in assets, 155 participants

Basic American, Inc.'s Pension Plan Basic American Foods reported $19M in total assets and 155 participants in its 2022 DOL Form 5500 filing, ranking in the 76th 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.

  • #13,825 in Manufacturing (20,602 peers)

Coverage in California

Pension Plan Basic American Foods covers 155 participants in California, about 25% of the average California filer (state average ~630 per filing). Assets: $19M.

#13,825
in Manufacturing (20,602 peers)
-22.7%
assets change YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $6M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Pension Plan Basic American Foods's outsized position by total assets

Pension Plan Basic American Foods vs every filed plan by assets

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

$18,873,643 Top 24% higher than 76% 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

Pension Plan Basic American Foods 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. Pension Plan Basic American Foods sits mid-pack in the medium band (155 participants).

DOL schedule card

Filing strip 941318402 · Basic American, Inc. PY 2022 · Defined Benefit (Pension)

Pension Plan Basic American Foods · $19M · 155 · 76th

  • ASSETS $19M
  • PCT 155
  • EIN 76th
  • RANK Defined Benefit (Pension)
  • PHOTO near Retirement Plan of the Jewish Federations of North America
  • IND ind #13825

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 California →

Pension Plan Basic American Foods in the asset neighbourhood

Sunwest Federal Credit Union Defined Benefit Plan and TrustSunwest Federal Credit Union…$19MMclaughlin Body Company Hourly Employees' Pension PlanMclaughlin Body Company Hour…$19MPension Plan Basic American FoodsPension Plan Basic American …$19MRetirement Plan of the Jewish Federations of North AmericaRetirement Plan of the Jewis…$19MThe Defined Benefit Plan of Adams Community BankThe Defined Benefit Plan of …$19M
End-of-year total assets ($M) among Pension Plan Basic American Foods and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

California filing particulars

Total Assets (Beginning of Year)$24M
Net Assets (End of Year)$19M
Net Income-$6M
Employer EIN941318402
Plan Effective Date1974-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Basic American, Inc.)

Sponsor-wide plan assets over time

All Basic American, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$171M 5.770665294069808% vs 2022
2024 filing year
$160M$165M$170M$175M$180M 202220232024 $162M $171M ▲ +5.8%
Year Plans Participants Total Assets
2022 2 1,366 $162M
2023 2 1,075 $174M
2024 2 951 $171M

Nearby Defined Benefit (Pension) Plans in California

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

Pension Plan Basic American Foods vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants Pension Plan Basic American Foods, Total assets ($B): 0.018873643 · Participants: 155Pension Plan Basic American FoodsKaiser Permanente Retirement Plan, Total assets ($B): 31.853758931 · Participants: 126331Kaiser Permanente Retirement PlanPacific Gas and Electric Company Retirement Plan, Total assets ($B): 17.05949917 · Participants: 25709Pacific Gas and Electric Company Retirement PlanRetirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc., Total assets ($B): 10.381485239 · Participants: 19326Retirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc.Disney Salaried Pension Plan D, Total assets ($B): 9.228005463 · Participants: 11405Disney Salaried Pension Plan DWells Fargo & Company Cash Balance Plan, Total assets ($B): 8.784432859 · Participants: 59141Wells Fargo & Company Cash Balance Plan
Pension Plan Basic American Foods vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants

Pension Plan Basic American Foods's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside California, the nearest Defined Benefit (Pension) by assets is Retirement Plan of the Jewish Federations of North America in NY ($19M); by covered participants it is Taylor Morrison Cash Balance Pension Plan in AZ (155 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 Pension Plan Basic American Foods assets move in 2022?
Pension Plan Basic American Foods declined sharply - down 22.7% during 2022, from $24M to $19M. Reported net income was -$6M.
How have Basic American, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Basic American, Inc.'s sponsor-wide assets grew 5.8%, from $162M to $171M.
Where does Pension Plan Basic American Foods rank by assets among Form 5500 filers?
Pension Plan Basic American Foods ranks in the 76th 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 Pension Plan Basic American Foods?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Retirement Plan of the Jewish Federations of North America in NY ($19M, 29 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Pension Plan Basic American Foods?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Taylor Morrison Cash Balance Pension Plan in AZ (155 participants, $23M in assets).