Defined Benefit (Pension) · DOL Form 5500 · 2022

Cone Drive Operations, Inc. Pension Plan

Data updated 2026-08-25

$12M
Total assets Small plan by assets
19
Participants Small participant base
69th
Percentile by assets National rank
$632,497
Avg per participant High balance/head
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Official DOL plan name: Cone Drive Hourly Union Pension Plan (UAW Local 21 - Traverse City, Mi) · Sponsored by Cone Drive Operations, Inc. · Michigan · Manufacturing

$12M in assets, 19 participants

Cone Drive Operations, Inc.'s Cone Drive Hourly Union Pension Plan (UAW Local 21 - Traverse City, Mi) reported $12M in total assets and 19 participants in its 2022 DOL Form 5500 filing, ranking in the 69th 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.

  • #11,707 in Manufacturing (20,602 peers)

2022 asset change

Cone Drive Hourly Union Pension Plan (UAW Local 21 - Traverse City, Mi) contracted severely 32.7% in 2022 ($18M → $12M) for 19 participants.

#11,707
in Manufacturing (20,602 peers)
-32.7%
assets change YoY

The plan reported a net loss of $6M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Cone Drive Hourly Union Pension Plan (UAW Local 21 - Traverse City, Mi)'s outsized position by total assets

Cone Drive Hourly Union Pension Plan (UAW Local 21 - Traverse City, Mi) vs every filed plan by assets

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

$12,017,450 Top 31% higher than 69% 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

Cone Drive Hourly Union Pension Plan (UAW Local 21 - Traverse City, Mi) among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Cone Drive Hourly Union Pension Plan (UAW Local 21 - Traverse City, Mi) is a small filing (19 participants) on this national headcount ladder.

Published 5500 schedule card

Filing strip 050425787 · Cone Drive Operations, Inc. PY 2022 · Defined Benefit (Pension)

Cone Drive Hourly Union Pension Plan (UAW Local 21 - Traverse City, Mi) · $12M · 19 · 69th

  • SCH $12M
  • SCH 19
  • SCH 69th
  • SCH Defined Benefit (Pension)
  • SCH near The Wicor Americas Group Pension Plan
  • SCH ind #11707

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 Michigan →

Cone Drive Hourly Union Pension Plan (UAW Local 21 - Traverse City, Mi) in the asset neighbourhood

Cone Drive Hourly Union Pension Plan (UAW Local 21 - Traverse City, Mi)Cone Drive Hourly Union Pens…$12MThe Wicor Americas Group Pension PlanThe Wicor Americas Group Pen…$12MCohen & Company Cash Balance PlanCohen & Company Cash Balance…$12MHouston Area Teamsters Pension FundHouston Area Teamsters Pensi…$12MKerr Group, Inc. Retirement Income Plan IKerr Group, Inc. Retirement …$12M
End-of-year total assets ($M) among Cone Drive Hourly Union Pension Plan (UAW Local 21 - Traverse City, Mi) and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Cone Drive Operations, Inc. years around the 2022 move

Sponsor-wide plan assets over time

All Cone Drive Operations, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$16M 4.335220620140935% vs 2022
2024 filing year
$15M$15.5M$16M$16.5M 202220232024 $15.3M $15.9M ▲ +4.3%
Year Plans Participants Total Assets
2022 2 101 $15M
2023 2 121 $16M
2024 2 115 $16M

2022 asset-move particulars

Total Assets (Beginning of Year)$18M
Net Assets (End of Year)$12M
Net Income-$6M
Employer EIN050425787
Plan Effective Date1955-09-01
Filing StatusFILING RECEIVED

Nearby Defined Benefit (Pension) Plans in Michigan

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

Cone Drive Hourly Union Pension Plan (UAW Local 21 - Traverse City, Mi) vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -1001020304050 Total assets ($B) Participants Cone Drive Hourly Union Pension Plan (UAW Local 21 - Traverse City, Mi), Total assets ($B): 0.01201745 · Participants: 19Cone Drive Hourly Union Pension Plan (UAW Local 21 - Traverse City, Mi)General Motors Hourly-Rate Employees Pension Plan, Total assets ($B): 40.23255743 · Participants: 18766General Motors Hourly-Rate Employees Pension PlanFord Motor Company UAW Retirement Plan, Total assets ($B): 19.279653433 · Participants: 27567Ford Motor Company UAW Retirement PlanFord Motor Company General Retirement Plan, Total assets ($B): 13.42905347 · Participants: 11760Ford Motor Company General Retirement PlanDow Employees' Pension Plan, Total assets ($B): 13.018181682 · Participants: 13759Dow Employees' Pension PlanFca US LLC UAW Pension Agreement, Total assets ($B): 8.553889919 · Participants: 14563Fca US LLC UAW Pension Agreement
Cone Drive Hourly Union Pension Plan (UAW Local 21 - Traverse City, Mi) vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants
Compare Cone Drive Hourly Union Pension Plan (UAW Local 21 - Traverse City, Mi) side-by-side with 3 peers →

Cone Drive Hourly Union Pension Plan (UAW Local 21 - Traverse City, Mi)'s out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Michigan, the nearest Defined Benefit (Pension) by assets is The Wicor Americas Group Pension Plan in VT ($12M); by covered participants it is Advanced Polymer, Inc. Cash Balance Plan in NJ (19 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($12M here).

Similar participant headcount

Nearest other-state filings by covered participants (19 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 Cone Drive Hourly Union Pension Plan (UAW Local 21 - Traverse City, Mi) assets move in 2022? ▼
Cone Drive Hourly Union Pension Plan (UAW Local 21 - Traverse City, Mi) contracted severely - down 32.7% during 2022, from $18M to $12M. Reported net income was -$6M.
How have Cone Drive Operations, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Cone Drive Operations, Inc.'s sponsor-wide assets grew 4.3%, from $15M to $16M.
Which Defined Benefit (Pension) plans are similar in size to Cone Drive Hourly Union Pension Plan (UAW Local 21 - Traverse City, Mi)? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is The Wicor Americas Group Pension Plan in VT ($12M, 90 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Cone Drive Hourly Union Pension Plan (UAW Local 21 - Traverse City, Mi)? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Advanced Polymer, Inc. Cash Balance Plan in NJ (19 participants, $4K 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 050425787.

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.