Defined Benefit (Pension)
2022 plan-year Defined Benefit (Pension) DOL Form 5500

The Teknor Apex Company Retirement Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Teknor Apex Company · Rhode Island · Manufacturing

What the 2023 filing shows

The Teknor Apex Company Retirement Plan holds $233M for 927 participants — about $251,004 per participant, down 8.9% over the 2022 plan year.

$233M
total plan assets (2022 EOY)
927
covered participants
$251,004
avg assets per participant
-8.9%
assets change YoY

The plan reported a net loss of $32M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$233M
Participants
927
State
Industry
Manufacturing

What the Filing Says About The Teknor Apex Company Retirement Plan

The Teknor Apex Company Retirement Plan is a Defined Benefit (Pension) retirement plan sponsored by Teknor Apex Company, headquartered in Rhode Island. As of the 2022 Form 5500 filing, the plan reports $233M in total end-of-year assets and covers 927 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 050306609, and the plan has been effective since 1965-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $255M at the beginning of 2022 to $233M at year-end — a decline of 8.9%. Net assets (after liabilities) closed the year at $223M, with reported net income of $-32,436,352 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)$255M
Total Assets (End of Year)$233M
Net Assets (End of Year)$223M
Net Income$-32,436,352
Plan TypeDefined Benefit (Pension)
Employer EIN050306609
Plan Effective Date1965-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Teknor Apex Company)

Year Plans Participants Total Assets
2022 2 2,586 $442M
2023 2 2,701 $478M
2024 2 2,435 $516M

Nearby Defined Benefit (Pension) Plans in Rhode Island

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Frequently Asked Questions

How much money is in the The Teknor Apex Company Retirement Plan?
As of the 2022 Form 5500 filing, The Teknor Apex Company Retirement Plan holds $233M in total assets with 927 participants. It is sponsored by Teknor Apex Company.
What type of plan is The Teknor Apex Company Retirement Plan?
The Teknor Apex Company Retirement Plan is a Defined Benefit (Pension) plan. It has been effective since 1965-01-01. The plan is filed with the U.S. Department of Labor under EIN 050306609.
Who sponsors the The Teknor Apex Company Retirement Plan?
The Teknor Apex Company Retirement Plan is sponsored by Teknor Apex Company, located in Rhode Island. The sponsor's EIN is 050306609 and the plan operates in the Manufacturing industry.
How did The Teknor Apex Company Retirement Plan perform in 2022?
The Teknor Apex Company Retirement Plan declined by 8.9% during 2022, moving from $255M to $233M in total assets. Net income was $-32,436,352.
Where can I find official filings for The Teknor Apex Company Retirement Plan?
Official Form 5500 filings for The Teknor Apex Company Retirement Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 050306609 or plan name at efast.dol.gov.
How does The Teknor Apex Company Retirement Plan compare to other plans?
You can compare The Teknor Apex Company Retirement Plan against other Defined Benefit (Pension) plans on the plan type page, or view plans in Rhode Island on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 050306609.

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.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.