Defined Benefit (Pension) · DOL Form 5500 · 2022

Steinway Musical Instruments, Inc. Pension Plan

Data updated 2026-08-11

$57M
Total assets
96
Participants
89th
Percentile by assets
$591,106
Avg per participant
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Official DOL plan name: The Steinway Musical Pension Plan · Sponsored by Steinway Musical Instruments, Inc. · New York · Manufacturing

$57M in assets, 96 participants

Steinway Musical Instruments, Inc.'s The Steinway Musical Pension Plan reported $57M in total assets and 96 participants in its 2022 DOL Form 5500 filing, ranking in the 89th 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.

  • 89th percentile by assets (of 139,126 plans)
  • #17,263 in Manufacturing (20,602 peers)

Where The Steinway Musical Pension Plan sits by assets

The Steinway Musical Pension Plan sits in the top quartile of all filed plans by assets, $57M for 96 participants (~$591,106/participant), down 17.1% in 2022.

$57M
total plan assets (2022 EOY)
96
covered participants
89th
percentile by assets (of 139,126 plans)
$591,106
avg assets per participant

The plan reported a net loss of $12M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where The Steinway Musical Pension Plan sits by total assets

The Steinway Musical Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$56,746,130 Top 11% higher than 89% of 139,123 filed plans

This plan $0 $2,010,000,000 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 2022

State
New York
Industry
Manufacturing

The Steinway Musical Pension Plan vs the 2022 asset distribution

By assets, The Steinway Musical Pension Plan outranks 89% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.6x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$68M
Net Assets (End of Year)$57M
Net Income-$12M
Employer EIN351910745
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Steinway Musical Instruments, Inc.)

$90M$95M$100M$105M$110M$115M 202220232024 $92.8M $109M ▲ +17.1%
Total plan assets by year, all Steinway Musical Instruments, Inc. plans on file
Year Plans Participants Total Assets
2022 2 266 $93M
2023 2 283 $108M
2024 2 261 $109M

Nearby Defined Benefit (Pension) Plans in New York

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

The Steinway Musical Pension Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -100102030 Total assets ($B) Participants The Steinway Musical…, Total assets ($B): 0.05674613 · Participants: 96The Steinway Musical…IBM Personal Pension…, Total assets ($B): 25.511753238 · Participants: 16431IBM Personal Pension…Consolidated Edison …, Total assets ($B): 15.815266303 · Participants: 11303Consolidated Edison …Pepsico Employees Re…, Total assets ($B): 7.656963 · Participants: 11386Pepsico Employees Re…New York State Nurse…, Total assets ($B): 5.019503014 · Participants: 18592New York State Nurse…New York District Co…, Total assets ($B): 4.837058087 · Participants: 11318New York District Co…
The Steinway Musical Pension Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants
Compare The Steinway Musical Pension Plan side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to The Steinway Musical Pension Plan by total assets, not by location.

Frequently Asked Questions

How did The Steinway Musical Pension Plan assets move in 2022? ▼
The Steinway Musical Pension Plan declined sharply - down 17.1% during 2022, from $68M to $57M. Reported net income was -$12M.
How have Steinway Musical Instruments, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Steinway Musical Instruments, Inc.'s sponsor-wide assets grew 17.1%, from $93M to $109M.
Where does The Steinway Musical Pension Plan rank by assets among Form 5500 filers? ▼
The Steinway Musical Pension Plan ranks in the 89th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to The Steinway Musical Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Earle M. Jorgensen Hourly Employees Pension Plan in CA ($57M, 236 participants).

Next read for The Steinway Musical Pension Plan

Scale reading

Ways to act on The Steinway Musical Pension Plan's numbers.

  • By total assets, The Steinway Musical Pension Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in New York. Compare plans
  • Steinway Musical Instruments, Inc.'s sponsor-wide assets have grown 17.1% since 2022 across 3 plan years on file. More Manufacturing plans

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 351910745.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.