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

Materion Corporation Pension Plan

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

Sponsored by Materion Corporation ยท Ohio ยท Manufacturing

What the 2023 filing shows

Materion Corporation Pension Plan holds $134M for 646 participants - about $208,204 per participant, down 10.0% over the 2022 plan year.

$134M
total plan assets (2022 EOY)
646
covered participants
$208,204
avg assets per participant
-10.0%
assets change YoY

The plan reported a net loss of $15M for the year โ€” a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$134M
Participants
646
State
Industry
Manufacturing

What the Filing Says About Materion Corporation Pension Plan

Materion Corporation Pension Plan is a Defined Benefit (Pension) retirement plan sponsored by Materion Corporation, headquartered in Ohio. As of the 2022 Form 5500 filing, the plan reports $134M in total end-of-year assets and covers 646 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 341919973, and the plan has been effective since 1959-06-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $149M at the beginning of 2022 to $134M at year-end โ€” a decline of 10.0%. Net assets (after liabilities) closed the year at $134M, with reported net income of $-14,968,560 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 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)$149M
Total Assets (End of Year)$134M
Net Assets (End of Year)$134M
Net Income$-14,968,560
Plan TypeDefined Benefit (Pension)
Employer EIN341919973
Plan Effective Date1959-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Materion Corporation)

Year Plans Participants Total Assets
2022 2 2,871 $492M
2023 2 3,206 $556M
2024 1 2,525 $466M

Nearby Defined Benefit (Pension) Plans in Ohio

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Frequently Asked Questions

How much money is in the Materion Corporation Pension Plan?
As of the 2022 Form 5500 filing, Materion Corporation Pension Plan holds $134M in total assets with 646 participants. It is sponsored by Materion Corporation.
What type of plan is Materion Corporation Pension Plan?
Materion Corporation Pension Plan is a Defined Benefit (Pension) plan. It has been effective since 1959-06-01. The plan is filed with the U.S. Department of Labor under EIN 341919973.
Who sponsors the Materion Corporation Pension Plan?
Materion Corporation Pension Plan is sponsored by Materion Corporation, located in Ohio. The sponsor's EIN is 341919973 and the plan operates in the Manufacturing industry.
How did Materion Corporation Pension Plan perform in 2022?
Materion Corporation Pension Plan declined by 10.0% during 2022, moving from $149M to $134M in total assets. Net income was $-14,968,560.
Where can I find official filings for Materion Corporation Pension Plan?
Official Form 5500 filings for Materion Corporation Pension Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 341919973 or plan name at efast.dol.gov.
How does Materion Corporation Pension Plan compare to other plans?
You can compare Materion Corporation Pension Plan against other Defined Benefit (Pension) plans on the plan type page, or view plans in Ohio 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 341919973.

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.