Defined Benefit (Pension) · DOL Form 5500 · 2022

Hickory Springs Manufacturing Co Pension Plan

Data updated 2026-08-25

$127M
Total assets Near avg plan size
397
Participants Below avg headcount
94th
Percentile by assets National rank
$319,496
Avg per participant High balance/head
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Official DOL plan name: Hickory Springs Retirement Plan · Sponsored by Hickory Springs Manufacturing Co · North Carolina · Manufacturing

$127M in assets, 397 participants

Hickory Springs Manufacturing Co's Hickory Springs Retirement Plan reported $127M in total assets and 397 participants in its 2022 DOL Form 5500 filing, ranking in the 94th 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.

  • #18,674 in Manufacturing (20,602 peers)

Coverage in North Carolina

Hickory Springs Retirement Plan covers 397 participants in North Carolina, about 48% of the average North Carolina filer (state average ~819 per filing). Assets: $127M.

#18,674
in Manufacturing (20,602 peers)
-24.1%
assets change YoY
1.3×
vs typical plan assets (national mean)

The plan reported a net loss of $40M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Hickory Springs Retirement Plan's outsized position by total assets

Hickory Springs Retirement Plan vs every filed plan by assets

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

$126,839,842 Top 6% higher than 94% 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

Hickory Springs Retirement 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. Hickory Springs Retirement Plan sits mid-pack in the medium band (397 participants).

Form 5500 schedule snapshot

Filing strip 560494395 · Hickory Springs Manufacturing Co PY 2022 · Defined Benefit (Pension)

Hickory Springs Retirement Plan · $127M · 397 · 94th

  • PART $127M
  • TYPE 397
  • NET 94th
  • BOOK Defined Benefit (Pension)
  • VS-ST near Efw Inc. Consolidated Retirement Plan
  • BOY ind #18674

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 North Carolina →

Hickory Springs Retirement Plan in the asset neighbourhood

Cash Balance Retirement Plan of Brown Brothers Harriman & Co.Cash Balance Retirement Plan…$127MEfw Inc. Consolidated Retirement PlanEfw Inc. Consolidated Retire…$127MHickory Springs Retirement PlanHickory Springs Retirement P…$127MClopay Ames Pension Plan$127MU.a.P.P. Local Union No.142 Pension PlanU.a.P.P. Local Union No.142 …$127M
End-of-year total assets ($M) among Hickory Springs Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

North Carolina filing particulars

Total Assets (Beginning of Year)$167M
Net Assets (End of Year)$127M
Net Income-$40M
Employer EIN560494395
Plan Effective Date1970-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hickory Springs Manufacturing Co)

Sponsor-wide plan assets over time

All Hickory Springs Manufacturing Co plans reported in each filing year

Latest sponsor-wide plan assets
$137M 28.162835370495433% vs 2022
2024 filing year
$120M$140M$160M$180M$200M 202220232024 $190M $137M ▼ -28.2%
Year Plans Participants Total Assets
2022 2 2,720 $190M
2023 2 2,524 $132M
2024 2 2,254 $137M

Nearby Defined Benefit (Pension) Plans in North Carolina

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

Hickory Springs Retirement Plan vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -505101520 Total assets ($B) Participants Hickory Springs Retirement Plan, Total assets ($B): 0.126839842 · Participants: 397Hickory Springs Retirement PlanHoneywell Retirement Earnings Plan, Total assets ($B): 17.0193439 · Participants: 12452Honeywell Retirement Earnings PlanTruist Financial Corporation Pension Plan, Total assets ($B): 12.462364023 · Participants: 37931Truist Financial Corporation Pension PlanDuke Energy Legacy Pension Plan, Total assets ($B): 4.0414 · Participants: 346Duke Energy Legacy Pension PlanDuke Energy Retirement Cash Balance Plan, Total assets ($B): 3.182 · Participants: 16132Duke Energy Retirement Cash Balance PlanTime Warner Cable Pension Plan, Total assets ($B): 2.583220843 · Participants: 18624Time Warner Cable Pension Plan
Hickory Springs Retirement Plan vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants

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

Outside North Carolina, the nearest Defined Benefit (Pension) by assets is Efw Inc. Consolidated Retirement Plan in TX ($127M); by covered participants it is Pension Plan for Hourly Employees of Aurubis Buffalo, Inc. in NY (397 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($127M here).

Similar participant headcount

Nearest other-state filings by covered participants (397 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 Hickory Springs Retirement Plan assets move in 2022? ▼
Hickory Springs Retirement Plan declined sharply - down 24.1% during 2022, from $167M to $127M. Reported net income was -$40M.
How have Hickory Springs Manufacturing Co plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Hickory Springs Manufacturing Co's sponsor-wide assets declined 28.2%, from $190M to $137M.
Where does Hickory Springs Retirement Plan rank by assets among Form 5500 filers? ▼
Hickory Springs Retirement Plan ranks in the 94th 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 Hickory Springs Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Efw Inc. Consolidated Retirement Plan in TX ($127M, 293 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Hickory Springs Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Pension Plan for Hourly Employees of Aurubis Buffalo, Inc. in NY (397 participants, $33M in assets).