Defined Benefit (Pension) · DOL Form 5500 · 2022

Fluor Marine Propulsion, LLC Pension Plan

Data updated 2026-08-25

$985M
Total assets Above avg plan size
1,004
Participants Near avg headcount
99th
Percentile by assets National rank
$981,489
Avg per participant High balance/head
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Official DOL plan name: Salaried Employee Pension Plan for Kapl Employees and Retirees · Sponsored by Fluor Marine Propulsion, LLC · Pennsylvania · Professional & Technical Services

$985M in assets, 1,004 participants

Fluor Marine Propulsion, LLC's Salaried Employee Pension Plan for Kapl Employees and Retirees reported $985M in total assets and 1,004 participants in its 2022 DOL Form 5500 filing, ranking in the 99th 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.

  • #21,404 in Professional & Technical Services (21,562 peers)

Where Salaried Employee Pension Plan for Kapl Employees and Retirees sits by assets

Salaried Employee Pension Plan for Kapl Employees and Retirees sits among the largest 1% of all filed plans, $985M for 1,004 participants (~$981,489/participant), down 25.2% in 2022.

#21,404
in Professional & Technical Services (21,562 peers)
-25.2%
assets change YoY
9.9×
vs typical plan assets (national mean)

The plan reported a net loss of $332M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Salaried Employee Pension Plan for Kapl Employees and Retirees's outsized position by total assets

Salaried Employee Pension Plan for Kapl Employees and Retirees vs every filed plan by assets

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

$985,414,701 Top 1% higher than 99% 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

Salaried Employee Pension Plan for Kapl Employees and Retirees's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Salaried Employee Pension Plan for Kapl Employees and Retirees lands in the large band (1,004 participants).

Form 5500 schedule snapshot

Filing strip 824281125 · Fluor Marine Propulsion, LLC PY 2022 · Defined Benefit (Pension)

Salaried Employee Pension Plan for Kapl Employees and Retirees · $985M · 1,004 · 99th

  • NET $985M
  • BOOK 1,004
  • VS-ST 99th
  • BOY Defined Benefit (Pension)
  • SCH near 1199seiu Greater New York Pension Fund
  • EBSA ind #21404

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 Professional & Technical Services retirement plans → · Plans in Pennsylvania →

Salaried Employee Pension Plan for Kapl Employees and Retirees in the asset neighbourhood

1199seiu Greater New York Pension Fund1199seiu Greater New York Pe…$985MSalaried Employee Pension Plan for Kapl Employees and RetireesSalaried Employee Pension Pl…$985MCampbell Soup Company Retirement & Pension PlanCampbell Soup Company Retire…$984MAdvocate Aurora Health Pension PlanAdvocate Aurora Health Pensi…$983MOregon Retail Employees Pension PlanOregon Retail Employees Pens…$983M
End-of-year total assets ($M) among Salaried Employee Pension Plan for Kapl Employees and Retirees and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$1.3B
Net Assets (End of Year)$985M
Net Income-$332M
Employer EIN824281125
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Fluor Marine Propulsion, LLC)

Sponsor-wide plan assets over time

All Fluor Marine Propulsion, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$2.4B 8.276514958229487% vs 2022
2024 filing year
$2.1B$2.2B$2.3B$2.4B 202220232024 $2.19B $2.37B ▲ +8.2%
Year Plans Participants Total Assets
2022 3 2,878 $2.2B
2023 3 2,595 $2.4B
2024 3 2,404 $2.4B

Nearby Defined Benefit (Pension) Plans in Pennsylvania

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

Salaried Employee Pension Plan for Kapl Employees and Retirees vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 051015 Total assets ($B) Participants Salaried Employee Pension Plan for Kapl Employees and Retirees, Total assets ($B): 0.985414701 · Participants: 1004Salaried Employee Pension Plan for Kapl Employees and RetireesNational Elevator Industry Pension Plan, Total assets ($B): 10.401485458 · Participants: 27097National Elevator Industry Pension PlanSteelworkers Pension Trust, Total assets ($B): 5.908424468 · Participants: 52395Steelworkers Pension TrustThe PNC Financial Services Group, Inc. Pension Plan, Total assets ($B): 5.402519 · Participants: 63731The PNC Financial Services Group, Inc. Pension PlanConstellation Retirement Program, Total assets ($B): 5.359207207 · Participants: 5314Constellation Retirement ProgramThe Bank of New York Mellon Corporation Pension Plan, Total assets ($B): 4.968344232 · Participants: 8098The Bank of New York Mellon Corporation Pension Plan
Salaried Employee Pension Plan for Kapl Employees and Retirees vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants

Salaried Employee Pension Plan for Kapl Employees and Retirees's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is 1199seiu Greater New York Pension Fund in NY ($985M); by covered participants it is Aera Energy Services Company Cash Balance Plan in CA (1,004 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($985M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,004 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 Salaried Employee Pension Plan for Kapl Employees and Retirees assets move in 2022? ▼
Salaried Employee Pension Plan for Kapl Employees and Retirees declined sharply - down 25.2% during 2022, from $1.3B to $985M. Reported net income was -$332M.
How have Fluor Marine Propulsion, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Fluor Marine Propulsion, LLC's sponsor-wide assets grew 8.3%, from $2.2B to $2.4B.
Where does Salaried Employee Pension Plan for Kapl Employees and Retirees rank by assets among Form 5500 filers? ▼
Salaried Employee Pension Plan for Kapl Employees and Retirees ranks in the 99th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to Salaried Employee Pension Plan for Kapl Employees and Retirees? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is 1199seiu Greater New York Pension Fund in NY ($985M, 15,937 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Salaried Employee Pension Plan for Kapl Employees and Retirees? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Aera Energy Services Company Cash Balance Plan in CA (1,004 participants, $390M in assets).