Defined Benefit (Pension)
2022 plan-year Defined Benefit (Pension) DOL Form 5500

Alexander Proudfoot Companies Defined Benefit Pension Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Alexander Proudfoot Company · Georgia · Professional & Technical Services

What the 2023 filing shows

Alexander Proudfoot Companies Defined Benefit Pension Plan holds $41M for 4 participants — about $10.4M per participant, down 24.1% over the 2022 plan year.

$41M
total plan assets (2022 EOY)
4
covered participants
$10.4M
avg assets per participant
-24.1%
assets change YoY

The plan reported a net loss of $13M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$41M
Participants
4
State
Industry
Professional & Technical Services

What the Filing Says About Alexander Proudfoot Companies Defined Benefit Pension Plan

Alexander Proudfoot Companies Defined Benefit Pension Plan is a Defined Benefit (Pension) retirement plan sponsored by Alexander Proudfoot Company, headquartered in Georgia. As of the 2022 Form 5500 filing, the plan reports $41M in total end-of-year assets and covers 4 participants across the Professional & Technical Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 650117058, and the plan has been effective since 1981-09-04. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $55M at the beginning of 2022 to $41M at year-end — a decline of 24.1%. Net assets (after liabilities) closed the year at $41M, with reported net income of $-13,166,981 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$55M
Total Assets (End of Year)$41M
Net Assets (End of Year)$41M
Net Income$-13,166,981
Plan TypeDefined Benefit (Pension)
Employer EIN650117058
Plan Effective Date1981-09-04
Filing StatusFILING RECEIVED

Sponsor Plan History (Alexander Proudfoot Company)

Year Plans Participants Total Assets
2022 2 35 $75M
2023 1 26 $34M
2024 1 16 $33M

Nearby Defined Benefit (Pension) Plans in Georgia

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

Frequently Asked Questions

How much money is in the Alexander Proudfoot Companies Defined Benefit Pension Plan?
As of the 2022 Form 5500 filing, Alexander Proudfoot Companies Defined Benefit Pension Plan holds $41M in total assets with 4 participants. It is sponsored by Alexander Proudfoot Company.
What type of plan is Alexander Proudfoot Companies Defined Benefit Pension Plan?
Alexander Proudfoot Companies Defined Benefit Pension Plan is a Defined Benefit (Pension) plan. It has been effective since 1981-09-04. The plan is filed with the U.S. Department of Labor under EIN 650117058.
Who sponsors the Alexander Proudfoot Companies Defined Benefit Pension Plan?
Alexander Proudfoot Companies Defined Benefit Pension Plan is sponsored by Alexander Proudfoot Company, located in Georgia. The sponsor's EIN is 650117058 and the plan operates in the Professional & Technical Services industry.
How did Alexander Proudfoot Companies Defined Benefit Pension Plan perform in 2022?
Alexander Proudfoot Companies Defined Benefit Pension Plan declined by 24.1% during 2022, moving from $55M to $41M in total assets. Net income was $-13,166,981.
Where can I find official filings for Alexander Proudfoot Companies Defined Benefit Pension Plan?
Official Form 5500 filings for Alexander Proudfoot Companies Defined Benefit Pension Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 650117058 or plan name at efast.dol.gov.
How does Alexander Proudfoot Companies Defined Benefit Pension Plan compare to other plans?
You can compare Alexander Proudfoot Companies Defined Benefit Pension Plan against other Defined Benefit (Pension) plans on the plan type page, or view plans in Georgia on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 650117058.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.