Money Purchase
2022 plan-year Money Purchase DOL Form 5500

Pension Plan for Union Employees of Follett Corporation

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

Sponsored by Follett Corporation · Pennsylvania · Manufacturing

What the 2023 filing shows

Pension Plan for Union Employees of Follett Corporation holds N/A for 148 participants.

N/A
total plan assets (2022 EOY)
148
covered participants
$-6,082,918
reported net income

The plan reported a net loss of $6M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
N/A
Participants
148
State
Industry
Manufacturing

What the Filing Says About Pension Plan for Union Employees of Follett Corporation

Pension Plan for Union Employees of Follett Corporation is a Money Purchase retirement plan sponsored by Follett Corporation, headquartered in Pennsylvania. As of the 2022 Form 5500 filing, the plan reports N/A in total end-of-year assets and covers 148 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 221635318, and the plan has been effective since 1977-05-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $6M at the beginning of 2022 to N/A at year-end. Net assets (after liabilities) closed the year at N/A, with reported net income of $-6,082,918 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.

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)$6M
Total Assets (End of Year)N/A
Net Assets (End of Year)N/A
Net Income$-6,082,918
Plan TypeMoney Purchase
Employer EIN221635318
Plan Effective Date1977-05-01
Filing StatusFILING RECEIVED

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Frequently Asked Questions

How much money is in the Pension Plan for Union Employees of Follett Corporation?
As of the 2022 Form 5500 filing, Pension Plan for Union Employees of Follett Corporation holds N/A in total assets with 148 participants. It is sponsored by Follett Corporation.
What type of plan is Pension Plan for Union Employees of Follett Corporation?
Pension Plan for Union Employees of Follett Corporation is a Money Purchase plan. It has been effective since 1977-05-01. The plan is filed with the U.S. Department of Labor under EIN 221635318.
Who sponsors the Pension Plan for Union Employees of Follett Corporation?
Pension Plan for Union Employees of Follett Corporation is sponsored by Follett Corporation, located in Pennsylvania. The sponsor's EIN is 221635318 and the plan operates in the Manufacturing industry.
How did Pension Plan for Union Employees of Follett Corporation perform in 2022?
Pension Plan for Union Employees of Follett Corporation held N/A in total assets at the end of 2022. Net income was $-6,082,918.
Where can I find official filings for Pension Plan for Union Employees of Follett Corporation?
Official Form 5500 filings for Pension Plan for Union Employees of Follett Corporation are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 221635318 or plan name at efast.dol.gov.
How does Pension Plan for Union Employees of Follett Corporation compare to other plans?
You can compare Pension Plan for Union Employees of Follett Corporation against other Money Purchase 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 221635318.

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.