Defined Benefit (Pension) · DOL Form 5500 · 2022

Besser Company Pension Plan

Data updated 2026-08-25

$21M
Total assets Small plan by assets
25
Participants Small participant base
78th
Percentile by assets National rank
$835,984
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Management Employees' Retirement Plan of Besser Company · Sponsored by Besser Company · Michigan · Manufacturing

$21M in assets, 25 participants

Besser Company's Management Employees' Retirement Plan of Besser Company reported $21M in total assets and 25 participants in its 2022 DOL Form 5500 filing, ranking in the 78th 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.

  • #14,218 in Manufacturing (20,602 peers)

Where Management Employees' Retirement Plan of Besser Company sits by assets

Management Employees' Retirement Plan of Besser Company sits in the top quartile of all filed plans by assets, $21M for 25 participants (~$835,984/participant), down 20.9% in 2022.

#14,218
in Manufacturing (20,602 peers)
-20.9%
assets change YoY
0.2×
vs typical plan assets (national mean)

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.

Management Employees' Retirement Plan of Besser Company's outsized position by total assets

Management Employees' Retirement Plan of Besser Company vs every filed plan by assets

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

$20,899,588 Top 22% higher than 78% 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

Management Employees' Retirement Plan of Besser Company among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Management Employees' Retirement Plan of Besser Company is a small filing (25 participants) on this national headcount ladder.

Form 5500 schedule snapshot

Filing strip 380346640 · Besser Company PY 2022 · Defined Benefit (Pension)

Management Employees' Retirement Plan of Besser Company · $21M · 25 · 78th

  • EBSA $21M
  • PART 25
  • TYPE 78th
  • NET Defined Benefit (Pension)
  • BOOK near Jersey Shore State Bank Retirement Plan
  • VS-ST ind #14218

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 →

Management Employees' Retirement Plan of Besser Company in the asset neighbourhood

Management Employees' Retirement Plan of Besser CompanyManagement Employees' Retire…$21MJersey Shore State Bank Retirement PlanJersey Shore State Bank Reti…$21MEmployee Retirement Plan of Farm Credit Leasing Services CorporationEmployee Retirement Plan of …$21MChadbourne & Parke Pension Plan and Trust AgreementChadbourne & Parke Pension P…$21MRetirement Plan for Employees of Fordyce CompanyRetirement Plan for Employee…$21M
End-of-year total assets ($M) among Management Employees' Retirement Plan of Besser Company and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$26M
Net Assets (End of Year)$21M
Net Income-$6M
Employer EIN380346640
Plan Effective Date1964-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Besser Company)

Sponsor-wide plan assets over time

All Besser Company plans reported in each filing year

Latest sponsor-wide plan assets
$118M 3.951959086407647% vs 2022
2024 filing year
$110M$115M$120M 202220232024 $113M $118M ▲ +3.9%
Year Plans Participants Total Assets
2022 3 688 $113M
2023 3 752 $111M
2024 2 779 $118M

Nearby Defined Benefit (Pension) Plans in Michigan

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

Management Employees' Retirement Plan of Besser Company vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -1001020304050 Total assets ($B) Participants Management Employees' Retirement Plan of Besser Company, Total assets ($B): 0.020899588 · Participants: 25Management Employees' Retirement Plan of Besser CompanyGeneral 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
Management Employees' Retirement Plan of Besser Company vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants
Compare Management Employees' Retirement Plan of Besser Company side-by-side with 3 peers →

Management Employees' Retirement Plan of Besser Company's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Michigan, the nearest Defined Benefit (Pension) by assets is Jersey Shore State Bank Retirement Plan in PA ($21M); by covered participants it is Catawba Pediatric Associates P.a. Defined Benefit Pension Plan in NC (25 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (25 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 Management Employees' Retirement Plan of Besser Company assets move in 2022? ▼
Management Employees' Retirement Plan of Besser Company declined sharply - down 20.9% during 2022, from $26M to $21M. Reported net income was -$6M.
How have Besser Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Besser Company's sponsor-wide assets grew 4.0%, from $113M to $118M.
Where does Management Employees' Retirement Plan of Besser Company rank by assets among Form 5500 filers? ▼
Management Employees' Retirement Plan of Besser Company ranks in the 78th 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 Management Employees' Retirement Plan of Besser Company? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Jersey Shore State Bank Retirement Plan in PA ($21M, 26 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Management Employees' Retirement Plan of Besser Company? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Catawba Pediatric Associates P.a. Defined Benefit Pension Plan in NC (25 participants, $944K 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 380346640.

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.