Defined Benefit (Pension) · DOL Form 5500 · 2022

Flexible Steel Lacing Company Pension Plan

Data updated 2026-08-25

$74M
Total assets Below avg plan size
361
Participants Below avg headcount
91st
Percentile by assets National rank
$206,355
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Flexco Pension Plan · Sponsored by Flexible Steel Lacing Company · Illinois · Manufacturing

$74M in assets, 361 participants

Flexible Steel Lacing Company's Flexco Pension Plan reported $74M in total assets and 361 participants in its 2022 DOL Form 5500 filing, ranking in the 91st 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.

  • #17,805 in Manufacturing (20,602 peers)

Coverage in Illinois

Flexco Pension Plan covers 361 participants in Illinois, about 46% of the average Illinois filer (state average ~779 per filing). Assets: $74M.

#17,805
in Manufacturing (20,602 peers)
-20.2%
assets change YoY
0.7×
vs typical plan assets (national mean)

The plan reported a net loss of $19M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Flexco Pension Plan's outsized position by total assets

Flexco Pension Plan vs every filed plan by assets

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

$74,494,115 Top 9% higher than 91% 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

Flexco 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. Flexco Pension Plan sits mid-pack in the medium band (361 participants).

EBSA filing schedule strip

Filing strip 361085010 · Flexible Steel Lacing Company PY 2022 · Defined Benefit (Pension)

Flexco Pension Plan · $74M · 361 · 91st

  • BOOK $74M
  • VS-ST 361
  • BOY 91st
  • SCH Defined Benefit (Pension)
  • EBSA near G&j Pepsi-Cola Bottlers, Inc. Employees Pension Plan
  • PART ind #17805

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 Manufacturing retirement plans → · Plans in Illinois →

Flexco Pension Plan in the asset neighbourhood

Iron Workers' Locals No. 15 & 424 Pension PlanIron Workers' Locals No. 15 …$75MShop Ironworkers Local 790 Pension PlanShop Ironworkers Local 790 P…$75MTata Chemicals (Soda Ash) Partners Hourly Employees' Pension PlanTata Chemicals (Soda Ash) Pa…$75MG&j Pepsi-Cola Bottlers, Inc. Employees Pension PlanG&j Pepsi-Cola Bottlers, Inc…$75MFlexco Pension Plan$74M
End-of-year total assets ($M) among Flexco Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Illinois filing particulars

Total Assets (Beginning of Year)$93M
Net Assets (End of Year)$74M
Net Income-$19M
Employer EIN361085010
Plan Effective Date1943-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Flexible Steel Lacing Company)

Sponsor-wide plan assets over time

All Flexible Steel Lacing Company plans reported in each filing year

Latest sponsor-wide plan assets
$185M 18.02017851857362% vs 2022
2024 filing year
$150M$160M$170M$180M$190M 202220232024 $157M $185M ▲ +18.0%
Year Plans Participants Total Assets
2022 2 834 $157M
2023 2 889 $175M
2024 2 904 $185M

Nearby Defined Benefit (Pension) Plans in Illinois

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

Flexco Pension Plan vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -1001020304050 Total assets ($B) Participants Flexco Pension Plan, Total assets ($B): 0.074494115 · Participants: 361Flexco 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
Flexco Pension Plan vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants
Compare Flexco Pension Plan side-by-side with 3 peers →

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

Outside Illinois, the nearest Defined Benefit (Pension) by assets is G&j Pepsi-Cola Bottlers, Inc. Employees Pension Plan in OH ($75M); by covered participants it is 143 IBEW Benefit Funds - Pension Fund in PA (361 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (361 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 Flexco Pension Plan assets move in 2022? ▼
Flexco Pension Plan declined sharply - down 20.2% during 2022, from $93M to $74M. Reported net income was -$19M.
How have Flexible Steel Lacing Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Flexible Steel Lacing Company's sponsor-wide assets grew 18.0%, from $157M to $185M.
Where does Flexco Pension Plan rank by assets among Form 5500 filers? ▼
Flexco Pension Plan ranks in the 91st 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 Flexco Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is G&j Pepsi-Cola Bottlers, Inc. Employees Pension Plan in OH ($75M, 1,199 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Flexco Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is 143 IBEW Benefit Funds - Pension Fund in PA (361 participants, $69M 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 361085010.

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.