Defined Benefit (Pension) · DOL Form 5500 · 2022

Albany International Corp. Pension Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets
147
Participants Small participant base
31st
Percentile by assets National rank
$11,437
Avg per participant Low balance/head
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Official DOL plan name: Albany International Corp. Pension Plus Plan · Sponsored by Albany International Corp. · New York · Manufacturing

$2M in assets, 147 participants

Albany International Corp.'s Albany International Corp. Pension Plus Plan reported $2M in total assets and 147 participants in its 2022 DOL Form 5500 filing, ranking in the 31st 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.

  • #3,220 in Manufacturing (20,602 peers)

Coverage in New York

Albany International Corp. Pension Plus Plan covers 147 participants in New York, about 18% of the average New York filer (state average ~798 per filing). Assets: $2M.

#3,220
in Manufacturing (20,602 peers)
-98.5%
assets change YoY

The plan reported a net loss of $110M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Albany International Corp. Pension Plus Plan among the smaller filed plans by assets

Albany International Corp. Pension Plus Plan vs every filed plan by assets

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

$1,681,244 31st percentile higher than 31% 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

Albany International Corp. Pension Plus 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. Albany International Corp. Pension Plus Plan sits mid-pack in the medium band (147 participants).

Published 5500 schedule card

Filing strip 140462060 · Albany International Corp. PY 2022 · Defined Benefit (Pension)

Albany International Corp. Pension Plus Plan · $2M · 147 · 31st

  • IND $2M
  • IND 147
  • IND 31st
  • IND Defined Benefit (Pension)
  • IND near Norris Usw Pension Plan
  • IND ind #3220

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 New York →

Albany International Corp. Pension Plus Plan in the asset neighbourhood

Bruce Lorman Sole Proprietor Defined Benefit Pension PlanBruce Lorman Sole Proprietor…$2MAlbany International Corp. Pension Plus PlanAlbany International Corp. P…$2MNorris Usw Pension Plan$2MBeverage and Brewery Drivers Local 67 Pension Fund Retirement PlanBeverage and Brewery Drivers…$2MForbo Industries, Inc. Hazleton, PA Hrly Pension PlanForbo Industries, Inc. Hazle…$2M
End-of-year total assets ($M) among Albany International Corp. Pension Plus Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

New York filing particulars

Total Assets (Beginning of Year)$112M
Net Assets (End of Year)$506K
Net Income-$110M
Employer EIN140462060
Plan Effective Date1971-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Albany International Corp.)

Sponsor-wide plan assets over time

All Albany International Corp. plans reported in each filing year

Latest sponsor-wide plan assets
$483M 20.7241809117659% vs 2022
2024 filing year
$350M$400M$450M$500M 202220232024 $400M $483M ▲ +20.7%
Year Plans Participants Total Assets
2022 2 1,750 $400M
2023 2 1,784 $449M
2024 2 1,909 $483M

Nearby Defined Benefit (Pension) Plans in New York

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

Albany International Corp. Pension Plus Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -100102030 Total assets ($B) Participants Albany International Corp. Pension Plus Plan, Total assets ($B): 0.001681244 · Participants: 147Albany International Corp. Pension Plus PlanIBM Personal Pension Plan, Total assets ($B): 25.511753238 · Participants: 16431IBM Personal Pension PlanConsolidated Edison Retirement Plan, Total assets ($B): 15.815266303 · Participants: 11303Consolidated Edison Retirement PlanPepsico Employees Retirement Plan I, Total assets ($B): 7.656963 · Participants: 11386Pepsico Employees Retirement Plan INew York State Nurses Association Pension Plan, Total assets ($B): 5.019503014 · Participants: 18592New York State Nurses Association Pension PlanNew York District Council of Carpenters Pension Pl, Total assets ($B): 4.837058087 · Participants: 11318New York District Council of Carpenters Pension Pl
Albany International Corp. Pension Plus Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants
Compare Albany International Corp. Pension Plus Plan side-by-side with 3 peers →

Albany International Corp. Pension Plus Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New York, the nearest Defined Benefit (Pension) by assets is Norris Usw Pension Plan in TX ($2M); by covered participants it is Sheet Metal Workers Intn Local 17nh Pension Plan in CT (147 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (147 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 Albany International Corp. Pension Plus Plan assets move in 2022? ▼
Albany International Corp. Pension Plus Plan contracted severely - down 98.5% during 2022, from $112M to $2M. Reported net income was -$110M.
How have Albany International Corp. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Albany International Corp.'s sponsor-wide assets grew 20.7%, from $400M to $483M.
Which Defined Benefit (Pension) plans are similar in size to Albany International Corp. Pension Plus Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Norris Usw Pension Plan in TX ($2M, 56 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Albany International Corp. Pension Plus Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Sheet Metal Workers Intn Local 17nh Pension Plan in CT (147 participants, $23M 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 140462060.

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.