Defined Benefit (Pension) · DOL Form 5500 · 2022

Steinway Musical Instruments, Inc. Pension Plan

Data updated 2026-08-25

$57M
Total assets Below avg plan size
96
Participants Small participant base
89th
Percentile by assets National rank
$591,106
Avg per participant High balance/head
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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.

  • #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.

#17,263
in Manufacturing (20,602 peers)
-17.1%
assets change YoY
0.6×
vs typical plan assets (national mean)

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.

The Steinway Musical Pension Plan's outsized position 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 $2,050,000,000 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 2022

The Steinway Musical Pension Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Steinway Musical Pension Plan is a small filing (96 participants) on this national headcount ladder.

EBSA filing schedule strip

Filing strip 351910745 · Steinway Musical Instruments, Inc. PY 2022 · Defined Benefit (Pension)

The Steinway Musical Pension Plan · $57M · 96 · 89th

  • NET $57M
  • BOOK 96
  • VS-ST 89th
  • BOY Defined Benefit (Pension)
  • SCH near Earle M. Jorgensen Hourly Employees Pension Plan
  • EBSA ind #17263

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 New York →

The Steinway Musical Pension Plan in the asset neighbourhood

The Steinway Musical Pension PlanThe Steinway Musical Pension…$57MEarle M. Jorgensen Hourly Employees Pension PlanEarle M. Jorgensen Hourly Em…$57MLenovo Pension Plan$57MGt Services LLC Pension Plan$57MAlbemarle Corporation Pension Plan for Represented Employees in Houston, Tx.Albemarle Corporation Pensio…$57M
End-of-year total assets ($M) among The Steinway Musical Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

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.)

Sponsor-wide plan assets over time

All Steinway Musical Instruments, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$109M 17.05514524795127% vs 2022
2024 filing year
$90M$95M$100M$105M$110M$115M 202220232024 $92.8M $109M ▲ +17.1%
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 ($B) Participants The Steinway Musical Pension Plan, Total assets ($B): 0.05674613 · Participants: 96The Steinway Musical Pension PlanIBM Personal Pension Plan, Total assets ($B): 25.511753238 · Participants: 16431IBM Personal Pension PlanConsolidated Edison Retirement Plan, Total assets ($B): 15.815266303 · Participants: 11303Consolidated Edison Retirement PlanPepsico Employees Retirement Plan I, Total assets ($B): 7.656963 · Participants: 11386Pepsico Employees Retirement Plan INew York State Nurses Association Pension Plan, Total assets ($B): 5.019503014 · Participants: 18592New York State Nurses Association Pension PlanNew York District Council of Carpenters Pension Pl, Total assets ($B): 4.837058087 · Participants: 11318New York District Council of Carpenters Pension Pl
The Steinway Musical Pension Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants

The Steinway Musical Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New York, the nearest Defined Benefit (Pension) by assets is Earle M. Jorgensen Hourly Employees Pension Plan in CA ($57M); by covered participants it is Angola Wire Pension Trust in IN (96 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (96 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

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).
Which Defined Benefit (Pension) plans cover a similar participant headcount to The Steinway Musical Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Angola Wire Pension Trust in IN (96 participants, $3M in assets).