Defined Benefit (Pension) · DOL Form 5500 · 2022
US Magnesium LLC Pension Plan
Data updated 2026-08-25
- $35M
- Total assets Below avg plan size
- 57
- Participants Small participant base
- 84th
- Percentile by assets National rank
- $605,427
- Avg per participant High balance/head
Official DOL plan name: US Magnesium LLC Hourly Defined Benefit Pension Plan · Sponsored by US Magnesium LLC · Utah · Manufacturing
$35M in assets, 57 participants
US Magnesium LLC's US Magnesium LLC Hourly Defined Benefit Pension Plan reported $35M in total assets and 57 participants in its 2022 DOL Form 5500 filing, ranking in the 84th 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.
- #16,005 in Manufacturing (20,602 peers)
Where US Magnesium LLC Hourly Defined Benefit Pension Plan sits by assets
US Magnesium LLC Hourly Defined Benefit Pension Plan sits in the top quartile of all filed plans by assets, $35M for 57 participants (~$605,427/participant), down 7.5% in 2022.
- #16,005
- in Manufacturing (20,602 peers)
- -7.5%
- assets change YoY
- 0.3×
- vs typical plan assets (national mean)
The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
US Magnesium LLC Hourly Defined Benefit Pension Plan's outsized position by total assets
US Magnesium LLC Hourly Defined Benefit Pension Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$34,509,332 Top 16% higher than 84% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
US Magnesium LLC Hourly Defined Benefit Pension Plan among smaller filed plans by headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. US Magnesium LLC Hourly Defined Benefit Pension Plan is a small filing (57 participants) on this national headcount ladder.
Plan-year Form 5500 strip
Filing strip 010705446 · US Magnesium LLC PY 2022 · Defined Benefit (Pension)
US Magnesium LLC Hourly Defined Benefit Pension Plan · $35M · 57 · 84th
- BOOK $35M
- VS-ST 57
- BOY 84th
- SCH Defined Benefit (Pension)
- EBSA near California Winery Workers Pension Plan Trust
- PART ind #16005
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 Utah →
US Magnesium LLC Hourly Defined Benefit Pension Plan in the asset neighbourhood
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $37M |
|---|---|
| Net Assets (End of Year) | $35M |
| Net Income | -$3M |
| Employer EIN | 010705446 |
| Plan Effective Date | 1980-11-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (US Magnesium LLC)
Sponsor-wide plan assets over time
All US Magnesium LLC plans reported in each filing year
- Latest sponsor-wide plan assets
- $66M 18.495045563043472% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 487 | $80M |
| 2023 | 3 | 371 | $76M |
| 2024 | 3 | 309 | $66M |
Nearby Defined Benefit (Pension) Plans in Utah
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- Deseret Mutual Master Retirement Plan $7.8B · 12,102
- Intermountain Healthcare Pension Plan $3.0B · 30,404
- Rio Tinto America Inc. Retirement Plan $843M · 1,747
- America First Credit Union Pension Plan $487M · 2,406
- Retail Food Employers & Ufcw Local 711 Pension $333M · 8,484
US Magnesium LLC Hourly Defined Benefit Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Utah, the nearest Defined Benefit (Pension) by assets is California Winery Workers Pension Plan Trust in CA ($35M); by covered participants it is Emhart Glass U.S. Pension Plan in CT (57 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($35M here).
- California Winery Workers Pension Plan Trust (CA) $35M · N/A
- First State Bank of Uvalde Retirement Plan (TX) $35M · 70
- The Combined Defined Benefit Plan for Nacco Industries, Inc. and Its Subsidiaries (TX) $34M · 20
- Belco Community Credit Union Cash Balance Defined Benefit Plan and Trust (PA) $35M · 199
Similar participant headcount
Nearest other-state filings by covered participants (57 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.