Defined Benefit (Pension) · DOL Form 5500 · 2022

Bessemer & Lake Erie Railroad Company Pension Plan

Data updated 2026-08-25

$58M
Total assets Below avg plan size
424
Participants Below avg headcount
89th
Percentile by assets National rank
$137,479
Avg per participant Near avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Bessemer Non-Contributory Pension Plan · Sponsored by Bessemer & Lake Erie Railroad Company · Illinois · Transportation & Warehousing

$58M in assets, 424 participants

Bessemer & Lake Erie Railroad Company's Bessemer Non-Contributory Pension Plan reported $58M in total assets and 424 participants in its 2022 DOL Form 5500 filing, ranking in the 89th 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.

  • #3,410 in Transportation & Warehousing (3,876 peers)

Where Bessemer Non-Contributory Pension Plan sits by assets

Bessemer Non-Contributory Pension Plan sits in the top quartile of all filed plans by assets, $58M for 424 participants (~$137,479/participant), down 28.0% in 2022.

#3,410
in Transportation & Warehousing (3,876 peers)
-28.0%
assets change YoY
0.6×
vs typical plan assets (national mean)

The plan reported a net loss of $23M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Bessemer Non-Contributory Pension Plan's outsized position by total assets

Bessemer Non-Contributory Pension Plan vs every filed plan by assets

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

$58,291,000 Top 11% higher than 89% 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

Bessemer Non-Contributory Pension Plan 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. Bessemer Non-Contributory Pension Plan sits mid-pack in the medium band (424 participants).

Plan-year Form 5500 strip

Filing strip 251589046 · Bessemer & Lake Erie Railroad Company PY 2022 · Defined Benefit (Pension)

Bessemer Non-Contributory Pension Plan · $58M · 424 · 89th

  • VS-ST $58M
  • BOY 424
  • SCH 89th
  • EBSA Defined Benefit (Pension)
  • PART near Meda Pension Equity Plan
  • TYPE ind #3410

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 Transportation & Warehousing retirement plans → · Plans in Illinois →

Bessemer Non-Contributory Pension Plan in the asset neighbourhood

Phibro Animal Health Corporation Pension PlanPhibro Animal Health Corpora…$58MThe Pension Plan for Employees of the Ohio National Life Insurance CompanyThe Pension Plan for Employe…$58MMeda Pension Equity Plan$58MBessemer Non-Contributory Pension PlanBessemer Non-Contributory Pe…$58MEmployees' Retirement Plan of American Kennel ClubEmployees' Retirement Plan o…$58M
End-of-year total assets ($M) among Bessemer Non-Contributory Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$81M
Net Assets (End of Year)$58M
Net Income-$23M
Employer EIN251589046
Plan Effective Date2001-03-24
Filing StatusFILING RECEIVED

Sponsor Plan History (Bessemer & Lake Erie Railroad Company)

Sponsor-wide plan assets over time

All Bessemer & Lake Erie Railroad Company plans reported in each filing year

Latest sponsor-wide plan assets
$55M 5.849959685028564% vs 2022
2024 filing year
$54M$56M$58M$60M 202220232024 $58.3M $54.9M ▼ -5.9%
Year Plans Participants Total Assets
2022 1 424 $58M
2023 1 391 $59M
2024 1 379 $55M

Nearby Defined Benefit (Pension) Plans in Illinois

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

Bessemer Non-Contributory Pension Plan vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -1001020304050 Total assets ($B) Participants Bessemer Non-Contributory Pension Plan, Total assets ($B): 0.058291 · Participants: 424Bessemer Non-Contributory Pension PlanCentral States, Southeast & Southwest Areas Pension Plan, Total assets ($B): 42.629770802 · Participants: 50096Central States, Southeast & Southwest Areas Pension PlanState Farm Insurance Companies Retirement Plan for United States Employees, Total assets ($B): 32.129102809 · Participants: 49052State Farm Insurance Companies Retirement Plan for United States EmployeesUnited Food & Commercial Workers Intl Union - Industry Pension Fund, Total assets ($B): 7.958716532 · Participants: 20170United Food & Commercial Workers Intl Union - Industry Pension FundJohn Deere Pension Plan for Salaried Employees, Total assets ($B): 7.304502684 · Participants: 0John Deere Pension Plan for Salaried EmployeesAbbott Laboratories Annuity Retirement Plan, Total assets ($B): 6.770339506 · Participants: 16809Abbott Laboratories Annuity Retirement Plan
Bessemer Non-Contributory Pension Plan vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants
Compare Bessemer Non-Contributory Pension Plan side-by-side with 3 peers →

Bessemer Non-Contributory Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Illinois, the nearest Defined Benefit (Pension) by assets is Meda Pension Equity Plan in PA ($58M); by covered participants it is Perkins Coie Cash Balance Plan in WA (424 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (424 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 Bessemer Non-Contributory Pension Plan assets move in 2022? ▼
Bessemer Non-Contributory Pension Plan declined sharply - down 28.0% during 2022, from $81M to $58M. Reported net income was -$23M.
How have Bessemer & Lake Erie Railroad Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Bessemer & Lake Erie Railroad Company's sponsor-wide assets declined 5.8%, from $58M to $55M.
Where does Bessemer Non-Contributory Pension Plan rank by assets among Form 5500 filers? ▼
Bessemer Non-Contributory Pension Plan ranks in the 89th 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 Bessemer Non-Contributory Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Meda Pension Equity Plan in PA ($58M, 5 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Bessemer Non-Contributory Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Perkins Coie Cash Balance Plan in WA (424 participants, $152M in assets).

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 251589046.

Read our methodology - how this data is sourced, computed, and verified.

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