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

Global Tungsten & Powders Corporation Pension Plan

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

Sponsored by Global Tungsten & Powders Corporation · Pennsylvania · Manufacturing

What the 2023 filing shows

Global Tungsten & Powders Corporation Pension Plan holds $75M for 251 participants — about $297,846 per participant, down 8.4% over the 2022 plan year.

$75M
total plan assets (2022 EOY)
251
covered participants
$297,846
avg assets per participant
-8.4%
assets change YoY

The plan reported a net loss of $7M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$75M
Participants
251
State
Industry
Manufacturing

What the Filing Says About Global Tungsten & Powders Corporation Pension Plan

Global Tungsten & Powders Corporation Pension Plan is a Defined Benefit (Pension) retirement plan sponsored by Global Tungsten & Powders Corporation, headquartered in Pennsylvania. As of the 2022 Form 5500 filing, the plan reports $75M in total end-of-year assets and covers 251 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 770720929, and the plan has been effective since 1993-01-29. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $82M at the beginning of 2022 to $75M at year-end — a decline of 8.4%. Net assets (after liabilities) closed the year at $75M, with reported net income of $-6,844,385 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)$82M
Total Assets (End of Year)$75M
Net Assets (End of Year)$75M
Net Income$-6,844,385
Plan TypeDefined Benefit (Pension)
Employer EIN770720929
Plan Effective Date1993-01-29
Filing StatusFILING RECEIVED

Sponsor Plan History (Global Tungsten & Powders Corporation)

Year Plans Participants Total Assets
2022 3 992 $175M
2023 3 979 $178M
2024 2 705 $119M

Nearby Defined Benefit (Pension) Plans in Pennsylvania

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Frequently Asked Questions

How much money is in the Global Tungsten & Powders Corporation Pension Plan?
As of the 2022 Form 5500 filing, Global Tungsten & Powders Corporation Pension Plan holds $75M in total assets with 251 participants. It is sponsored by Global Tungsten & Powders Corporation.
What type of plan is Global Tungsten & Powders Corporation Pension Plan?
Global Tungsten & Powders Corporation Pension Plan is a Defined Benefit (Pension) plan. It has been effective since 1993-01-29. The plan is filed with the U.S. Department of Labor under EIN 770720929.
Who sponsors the Global Tungsten & Powders Corporation Pension Plan?
Global Tungsten & Powders Corporation Pension Plan is sponsored by Global Tungsten & Powders Corporation, located in Pennsylvania. The sponsor's EIN is 770720929 and the plan operates in the Manufacturing industry.
How did Global Tungsten & Powders Corporation Pension Plan perform in 2022?
Global Tungsten & Powders Corporation Pension Plan declined by 8.4% during 2022, moving from $82M to $75M in total assets. Net income was $-6,844,385.
Where can I find official filings for Global Tungsten & Powders Corporation Pension Plan?
Official Form 5500 filings for Global Tungsten & Powders Corporation Pension Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 770720929 or plan name at efast.dol.gov.
How does Global Tungsten & Powders Corporation Pension Plan compare to other plans?
You can compare Global Tungsten & Powders Corporation Pension Plan against other Defined Benefit (Pension) plans on the plan type page, or view plans in Pennsylvania 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 770720929.

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.