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

The Falkirk Mining Company Pension Plan

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

Sponsored by The Falkirk Mining Company ยท Texas ยท Mining & Oil Extraction

What the 2023 filing shows

The Falkirk Mining Company Pension Plan holds $67M for 27 participants - about $2.5M per participant, down 21.4% over the 2022 plan year.

$67M
total plan assets (2022 EOY)
27
covered participants
$2.5M
avg assets per participant
-21.4%
assets change YoY

The plan reported a net loss of $19M for the year โ€” a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$67M
Participants
27
State
Industry
Mining & Oil Extraction

What the Filing Says About The Falkirk Mining Company Pension Plan

The Falkirk Mining Company Pension Plan is a Defined Benefit (Pension) retirement plan sponsored by The Falkirk Mining Company, headquartered in Texas. As of the 2022 Form 5500 filing, the plan reports $67M in total end-of-year assets and covers 27 participants across the Mining & Oil Extraction industry. The sponsor's EIN on file with the U.S. Department of Labor is 341150894, and the plan has been effective since 2016-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $85M at the beginning of 2022 to $67M at year-end โ€” a decline of 21.4%. Net assets (after liabilities) closed the year at $67M, with reported net income of $-18,616,699 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 1 prior plan-year filing 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 โ€” 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)$85M
Total Assets (End of Year)$67M
Net Assets (End of Year)$67M
Net Income$-18,616,699
Plan TypeDefined Benefit (Pension)
Employer EIN341150894
Plan Effective Date2016-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Falkirk Mining Company)

Year Plans Participants Total Assets
2022 1 27 $67M
2023 1 25 $14M

Nearby Defined Benefit (Pension) Plans in Texas

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Frequently Asked Questions

How much money is in the The Falkirk Mining Company Pension Plan?
As of the 2022 Form 5500 filing, The Falkirk Mining Company Pension Plan holds $67M in total assets with 27 participants. It is sponsored by The Falkirk Mining Company.
What type of plan is The Falkirk Mining Company Pension Plan?
The Falkirk Mining Company Pension Plan is a Defined Benefit (Pension) plan. It has been effective since 2016-01-01. The plan is filed with the U.S. Department of Labor under EIN 341150894.
Who sponsors the The Falkirk Mining Company Pension Plan?
The Falkirk Mining Company Pension Plan is sponsored by The Falkirk Mining Company, located in Texas. The sponsor's EIN is 341150894 and the plan operates in the Mining & Oil Extraction industry.
How did The Falkirk Mining Company Pension Plan perform in 2022?
The Falkirk Mining Company Pension Plan declined by 21.4% during 2022, moving from $85M to $67M in total assets. Net income was $-18,616,699.
Where can I find official filings for The Falkirk Mining Company Pension Plan?
Official Form 5500 filings for The Falkirk Mining Company Pension Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 341150894 or plan name at efast.dol.gov.
How does The Falkirk Mining Company Pension Plan compare to other plans?
You can compare The Falkirk Mining Company Pension Plan against other Defined Benefit (Pension) plans on the plan type page, or view plans in Texas 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) โ€” original filing retrieval by EIN 341150894.

Reference: IRS Publication 560 โ€” Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B โ€” 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.