FAIRBANKS SCALES INC. PENSION PLAN
ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.
FAIRBANKS SCALES INC.
This Defined Benefit (Pension) plan holds $22M in total assets and serves 91 participants as of 2022. It is sponsored by FAIRBANKS SCALES INC. in Kansas. The plan reported a net loss of $7M for the year.
What the Filing Says About FAIRBANKS SCALES INC. PENSION PLAN
FAIRBANKS SCALES INC. PENSION PLAN is a Defined Benefit (Pension) retirement plan sponsored by FAIRBANKS SCALES INC., headquartered in Kansas. As of the 2022 Form 5500 filing, the plan reports $22M in total end-of-year assets and covers 91 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 431464165, and the plan has been effective since 1988-01-01. Its filing status is currently FILING RECEIVED.
Year over year, total assets moved from $28M at the beginning of 2022 to $22M at year-end — a decline of 23.3%. Net assets (after liabilities) closed the year at $22M, with reported net income of $-6,546,880 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) | $28M |
| Total Assets (End of Year) | $22M |
| Net Assets (End of Year) | $22M |
| Net Income | $-6,546,880 |
| Plan Type | Defined Benefit (Pension) |
| Employer EIN | 431464165 |
| Plan Effective Date | 1988-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (FAIRBANKS SCALES INC.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 541 | $61M |
| 2023 | 2 | 463 | $46M |
| 2024 | 2 | 498 | $44M |
Nearby Defined Benefit (Pension) Plans in Kansas
Peer Defined Benefit (Pension) plans — same state, same plan type — ranked by total assets.
- KOCH EMPLOYEES' PENSION PLAN $1.5B · 5,542
- SPRINT RETIREMENT PENSION PLAN $1.3B · 3,592
- INVISTA PENSION PLAN FOR CERTAIN GRANDFATHERED EMPLOYEES $395M · N/A
- NON-CONTRIBUTORY RETIREMENT PROGRAM FOR CERTAIN EMPLOYEES OF BLUE CROSS AND BLUE SHIELD OF KANSAS, INC. $288M · 502
- ROADWAY LLC PENSION PLAN $193M · 290
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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 431464165.
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.
Read our methodology — how this data is sourced, computed, and verified.