Defined Benefit (Pension) · DOL Form 5500 · 2022

Fluor Marine Propulsion, LLC Pension Plan

Data updated 2026-08-25

$121M
Total assets Near avg plan size
179
Participants Small participant base
94th
Percentile by assets National rank
$673,584
Avg per participant High balance/head
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Official DOL plan name: Pension Plan for Kapl Employees in Participating Bargaining Units · Sponsored by Fluor Marine Propulsion, LLC · Pennsylvania · Professional & Technical Services

$121M in assets, 179 participants

Fluor Marine Propulsion, LLC's Pension Plan for Kapl Employees in Participating Bargaining Units reported $121M in total assets and 179 participants in its 2022 DOL Form 5500 filing, ranking in the 94th 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.

  • #20,451 in Professional & Technical Services (21,562 peers)

Coverage in Pennsylvania

Pension Plan for Kapl Employees in Participating Bargaining Units covers 179 participants in Pennsylvania, about 22% of the average Pennsylvania filer (state average ~822 per filing). Assets: $121M.

#20,451
in Professional & Technical Services (21,562 peers)
-25.7%
assets change YoY
1.2×
vs typical plan assets (national mean)

The plan reported a net loss of $42M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Pension Plan for Kapl Employees in Participating Bargaining Units's outsized position by total assets

Pension Plan for Kapl Employees in Participating Bargaining Units vs every filed plan by assets

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

$120,571,477 Top 6% higher than 94% 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 for Kapl Employees in Participating Bargaining Units 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 for Kapl Employees in Participating Bargaining Units sits mid-pack in the medium band (179 participants).

Form 5500 schedule snapshot

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

Pension Plan for Kapl Employees in Participating Bargaining Units · $121M · 179 · 94th

  • ASSETS $121M
  • ASSETS 179
  • ASSETS 94th
  • ASSETS Defined Benefit (Pension)
  • ASSETS near Northern Mn-Wi Area Retail Clerks Pension Fund
  • ASSETS ind #20451

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 →

Pension Plan for Kapl Employees in Participating Bargaining Units in the asset neighbourhood

Sheet Metal Workers Local Union No. 17 Supplemental Pension PlanSheet Metal Workers Local Un…$121MNorthern Mn-Wi Area Retail Clerks Pension FundNorthern Mn-Wi Area Retail C…$121MPension Plan for Kapl Employees in Participating Bargaining UnitsPension Plan for Kapl Employ…$121MBakery Drivers & Salesmen Local 194 & Industry Pension FundBakery Drivers & Salesmen Lo…$120MEsco Corporation Pension Plan$120M
End-of-year total assets ($M) among Pension Plan for Kapl Employees in Participating Bargaining Units and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$162M
Net Assets (End of Year)$120M
Net Income-$42M
Employer EIN824281125
Plan Effective Date1995-01-01
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.

Pension Plan for Kapl Employees in Participating Bargaining Units vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Pension Plan for Kapl Employees in Participating Bargaining Units, Total assets ($B): 0.120571477 · Participants: 179Pension Plan for Kapl Employees in Participating Bargaining UnitsNational 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
Pension Plan for Kapl Employees in Participating Bargaining Units vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants

Pension Plan for Kapl Employees in Participating Bargaining Units's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is Northern Mn-Wi Area Retail Clerks Pension Fund in MN ($121M); by covered participants it is Lazard Freres & Co. LLC Employees' Pension Plan in NY (179 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (179 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 Pension Plan for Kapl Employees in Participating Bargaining Units assets move in 2022?
Pension Plan for Kapl Employees in Participating Bargaining Units declined sharply - down 25.7% during 2022, from $162M to $121M. Reported net income was -$42M.
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 Pension Plan for Kapl Employees in Participating Bargaining Units rank by assets among Form 5500 filers?
Pension Plan for Kapl Employees in Participating Bargaining Units ranks in the 94th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Pension Plan for Kapl Employees in Participating Bargaining Units?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Northern Mn-Wi Area Retail Clerks Pension Fund in MN ($121M, 1,717 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Pension Plan for Kapl Employees in Participating Bargaining Units?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Lazard Freres & Co. LLC Employees' Pension Plan in NY (179 participants, $16M in assets).