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

Salaried Employees' Retirement Plan of the Eastern Company

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

Sponsored by The Eastern Company · Connecticut · Manufacturing

What the 2023 filing shows

Salaried Employees' Retirement Plan of the Eastern Company holds $39M for 43 participants — about $901,649 per participant, down 11.9% over the 2022 plan year.

$39M
total plan assets (2022 EOY)
43
covered participants
$901,649
avg assets per participant
-11.9%
assets change YoY

The plan reported a net loss of $5M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$39M
Participants
43
State
Industry
Manufacturing

What the Filing Says About Salaried Employees' Retirement Plan of the Eastern Company

Salaried Employees' Retirement Plan of the Eastern Company is a Defined Benefit (Pension) retirement plan sponsored by The Eastern Company, headquartered in Connecticut. As of the 2022 Form 5500 filing, the plan reports $39M in total end-of-year assets and covers 43 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 060330020, and the plan has been effective since 1945-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $44M at the beginning of 2022 to $39M at year-end — a decline of 11.9%. Net assets (after liabilities) closed the year at $39M, with reported net income of $-5,237,741 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)$44M
Total Assets (End of Year)$39M
Net Assets (End of Year)$39M
Net Income$-5,237,741
Plan TypeDefined Benefit (Pension)
Employer EIN060330020
Plan Effective Date1945-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Eastern Company)

Year Plans Participants Total Assets
2022 4 306 $84M
2023 4 302 $109M
2024 4 573 $111M

Nearby Defined Benefit (Pension) Plans in Connecticut

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

Frequently Asked Questions

How much money is in the Salaried Employees' Retirement Plan of the Eastern Company?
As of the 2022 Form 5500 filing, Salaried Employees' Retirement Plan of the Eastern Company holds $39M in total assets with 43 participants. It is sponsored by The Eastern Company.
What type of plan is Salaried Employees' Retirement Plan of the Eastern Company?
Salaried Employees' Retirement Plan of the Eastern Company is a Defined Benefit (Pension) plan. It has been effective since 1945-01-01. The plan is filed with the U.S. Department of Labor under EIN 060330020.
Who sponsors the Salaried Employees' Retirement Plan of the Eastern Company?
Salaried Employees' Retirement Plan of the Eastern Company is sponsored by The Eastern Company, located in Connecticut. The sponsor's EIN is 060330020 and the plan operates in the Manufacturing industry.
How did Salaried Employees' Retirement Plan of the Eastern Company perform in 2022?
Salaried Employees' Retirement Plan of the Eastern Company declined by 11.9% during 2022, moving from $44M to $39M in total assets. Net income was $-5,237,741.
Where can I find official filings for Salaried Employees' Retirement Plan of the Eastern Company?
Official Form 5500 filings for Salaried Employees' Retirement Plan of the Eastern Company are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 060330020 or plan name at efast.dol.gov.
How does Salaried Employees' Retirement Plan of the Eastern Company compare to other plans?
You can compare Salaried Employees' Retirement Plan of the Eastern Company against other Defined Benefit (Pension) plans on the plan type page, or view plans in Connecticut 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 060330020.

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.