Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

Associated Spring UAW 629 Employee's Savings Plan

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

Sponsored by Barnes Group, Inc. · Connecticut · Manufacturing

What the 2023 filing shows

Associated Spring UAW 629 Employee's Savings Plan holds $6M for 128 participants — about $46,628 per participant, down 17.8% over the 2022 plan year.

$6M
total plan assets (2022 EOY)
128
covered participants
$46,628
avg assets per participant
-17.8%
assets change YoY

The plan reported a net loss of $1M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$6M
Participants
128
State
Industry
Manufacturing

What the Filing Says About Associated Spring UAW 629 Employee's Savings Plan

Associated Spring UAW 629 Employee's Savings Plan is a Profit Sharing retirement plan sponsored by Barnes Group, Inc., headquartered in Connecticut. As of the 2022 Form 5500 filing, the plan reports $6M in total end-of-year assets and covers 128 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 060247840, and the plan has been effective since 1997-07-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $7M at the beginning of 2022 to $6M at year-end — a decline of 17.8%. Net assets (after liabilities) closed the year at $6M, with reported net income of $-1,289,137 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)$7M
Total Assets (End of Year)$6M
Net Assets (End of Year)$6M
Net Income$-1,289,137
Plan TypeProfit Sharing
Employer EIN060247840
Plan Effective Date1997-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Barnes Group, Inc.)

Year Plans Participants Total Assets
2022 7 2,050 $606M
2023 7 2,261 $640M
2024 5 237 $300M

Nearby Profit Sharing Plans in Connecticut

Peer Profit Sharing plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the Associated Spring UAW 629 Employee's Savings Plan?
As of the 2022 Form 5500 filing, Associated Spring UAW 629 Employee's Savings Plan holds $6M in total assets with 128 participants. It is sponsored by Barnes Group, Inc..
What type of plan is Associated Spring UAW 629 Employee's Savings Plan?
Associated Spring UAW 629 Employee's Savings Plan is a Profit Sharing plan. It has been effective since 1997-07-01. The plan is filed with the U.S. Department of Labor under EIN 060247840.
Who sponsors the Associated Spring UAW 629 Employee's Savings Plan?
Associated Spring UAW 629 Employee's Savings Plan is sponsored by Barnes Group, Inc., located in Connecticut. The sponsor's EIN is 060247840 and the plan operates in the Manufacturing industry.
How did Associated Spring UAW 629 Employee's Savings Plan perform in 2022?
Associated Spring UAW 629 Employee's Savings Plan declined by 17.8% during 2022, moving from $7M to $6M in total assets. Net income was $-1,289,137.
Where can I find official filings for Associated Spring UAW 629 Employee's Savings Plan?
Official Form 5500 filings for Associated Spring UAW 629 Employee's Savings Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 060247840 or plan name at efast.dol.gov.
How does Associated Spring UAW 629 Employee's Savings Plan compare to other plans?
You can compare Associated Spring UAW 629 Employee's Savings Plan against other Profit Sharing plans on the plan type page, or view plans in Connecticut 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 060247840.

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.