Defined Benefit (Pension) · DOL Form 5500 · 2023

Furst-Mcness Company Pension Plan

Data updated 2026-08-25

$10M
Total assets Small plan by assets
46
Participants Small participant base
58th
Percentile by assets National rank
$209,642
Avg per participant Above avg balance/head
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Official DOL plan name: Furst-Mcness Company Pension Plan · Sponsored by Furst-Mcness Company · Illinois · Manufacturing

$10M in assets, 46 participants

Furst-Mcness Company's Furst-Mcness Company Pension Plan reported $10M in total assets and 46 participants in its 2023 DOL Form 5500 filing, ranking in the 58th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #8,193 in Manufacturing (18,722 peers)

Furst-Mcness Company multi-year trail

Furst-Mcness Company's plans moved +14.9% in assets from 2022 to 2024; this filing shows Furst-Mcness Company Pension Plan at $10M / 46 participants.

#8,193
in Manufacturing (18,722 peers)
-23.1%
assets change YoY

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Furst-Mcness Company Pension Plan's mid-pack asset rank among Manufacturing and all filers

Furst-Mcness Company Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$9,643,552 Top 42% higher than 58% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Furst-Mcness Company Pension Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Furst-Mcness Company Pension Plan is a small filing (46 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Furst-Mcness Company Pension Plan reported net income fell from $33K in the plan year 2022 filing to -$3M in the plan year 2023 filing.
  • Furst-Mcness Company Pension Plan end-of-year assets rose from $374K in the plan year 2022 filing to $10M in the plan year 2023 filing.
  • Furst-Mcness Company Pension Plan reported participants rose from N/A in the plan year 2022 filing to 46 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 361112600 · Furst-Mcness Company PY 2023 · Defined Benefit (Pension)

Furst-Mcness Company Pension Plan · $10M · 46 · 58th

  • EOY $10M
  • 5500 46
  • ASSETS 58th
  • PCT Defined Benefit (Pension)
  • EIN near Cement Masons Local Union 681 Pension Plan
  • RANK ind #8193

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Illinois →

Furst-Mcness Company Pension Plan in the asset neighbourhood

Furst-Mcness Company Pension PlanFurst-Mcness Company Pension…$10MCement Masons Local Union 681 Pension PlanCement Masons Local Union 68…$10MW.R. Grace & Co. - Ct -Ret. Plan for Hourly Ees. --- TennesseeW.R. Grace & Co. - Ct -Ret. …$10MNational Elevator Industry Fund Office Employees Defined Benefit Pension PlanNational Elevator Industry F…$10MThe Mario Badescu Skin Care, Inc. Variable Cash Balance PlanThe Mario Badescu Skin Care,…$10M
End-of-year total assets ($M) among Furst-Mcness Company Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Furst-Mcness Company multi-year asset trail

Sponsor-wide plan assets over time

All Furst-Mcness Company plans reported in each filing year

Latest sponsor-wide plan assets
$32M 14.869436262194904% vs 2022
2024 filing year
$25M$30M$35M$40M$45M 202220232024 $27.5M $31.6M ▲ +14.9%
Year Plans Participants Total Assets
2022 2 280 $28M
2023 2 326 $39M
2024 1 286 $32M

Furst-Mcness Company filing trail (2023)

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$10M
Net Income-$3M
Employer EIN361112600
Plan Effective Date1947-09-01
Filing StatusFILING RECEIVED

Nearby Defined Benefit (Pension) Plans in Illinois

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Furst-Mcness Company Pension Plan vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -200204060 Total assets ($B) Participants Furst-Mcness Company Pension Plan, Total assets ($B): 0.009643552 · Participants: 46Furst-Mcness Company Pension PlanCentral States, Southeast & Southwest Areas Pension Plan, Total assets ($B): 49.680270595 · Participants: 48538Central States, Southeast & Southwest Areas Pension PlanState Farm Insurance Companies Retirement Plan for United States Employees, Total assets ($B): 35.242945747 · Participants: 45001State Farm Insurance Companies Retirement Plan for United States EmployeesUnited Food & Commercial Workers Intl Union - Industry Pension Fund, Total assets ($B): 7.965094339 · Participants: 20680United Food & Commercial Workers Intl Union - Industry Pension FundJohn Deere Pension Plan for Salaried Employees, Total assets ($B): 7.960744597 · Participants: 16346John Deere Pension Plan for Salaried EmployeesAbbott Laboratories Annuity Retirement Plan, Total assets ($B): 7.819798504 · Participants: 17382Abbott Laboratories Annuity Retirement Plan
Furst-Mcness Company Pension Plan vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants

Furst-Mcness Company Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Illinois, the nearest Defined Benefit (Pension) by assets is Cement Masons Local Union 681 Pension Plan in TX ($10M); by covered participants it is Sdi Technologies Inc. Pension Plan in NJ (46 participants). Same-state nearby plans are listed separately above.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Furst-Mcness Company Pension Plan assets move in 2023?
Furst-Mcness Company Pension Plan declined sharply - down 23.1% during 2023, from $13M to $10M. Reported net income was -$3M.
How have Furst-Mcness Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Furst-Mcness Company's sponsor-wide assets grew 14.9%, from $28M to $32M.
Which Defined Benefit (Pension) plans are similar in size to Furst-Mcness Company Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Cement Masons Local Union 681 Pension Plan in TX ($10M, 3 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Furst-Mcness Company Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Sdi Technologies Inc. Pension Plan in NJ (46 participants, N/A in assets).