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

TODD SHIPYARDS CORPORATION RETIREMENT SYSTEM

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

PUGET SOUND COMMERCE CENTER, INC.

This Defined Benefit (Pension) plan holds $27M in total assets and serves 5 participants as of 2022. It is sponsored by PUGET SOUND COMMERCE CENTER, INC. in Washington. The plan reported a net loss of $666K for the year.

Total Assets (2023)
$27M
Participants
5
State
Industry
Manufacturing

What the Filing Says About TODD SHIPYARDS CORPORATION RETIREMENT SYSTEM

TODD SHIPYARDS CORPORATION RETIREMENT SYSTEM is a Defined Benefit (Pension) retirement plan sponsored by PUGET SOUND COMMERCE CENTER, INC., headquartered in Washington. As of the 2022 Form 5500 filing, the plan reports $27M in total end-of-year assets and covers 5 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 911506719, and the plan has been effective since 1940-08-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $28M at the beginning of 2022 to $27M at year-end — a decline of 3.3%. Net assets (after liabilities) closed the year at $27M, with reported net income of $-665,798 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 1 prior plan-year filing 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)$28M
Total Assets (End of Year)$27M
Net Assets (End of Year)$27M
Net Income$-665,798
Plan TypeDefined Benefit (Pension)
Employer EIN911506719
Plan Effective Date1940-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (PUGET SOUND COMMERCE CENTER, INC.)

Year Plans Participants Total Assets
2022 1 5 $27M
2023 1 5 $27M

Nearby Defined Benefit (Pension) Plans in Washington

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

Frequently Asked Questions

How much money is in the TODD SHIPYARDS CORPORATION RETIREMENT SYSTEM?
As of the 2022 Form 5500 filing, TODD SHIPYARDS CORPORATION RETIREMENT SYSTEM holds $27M in total assets with 5 participants. It is sponsored by PUGET SOUND COMMERCE CENTER, INC..
What type of plan is TODD SHIPYARDS CORPORATION RETIREMENT SYSTEM?
TODD SHIPYARDS CORPORATION RETIREMENT SYSTEM is a Defined Benefit (Pension) plan. It has been effective since 1940-08-01. The plan is filed with the U.S. Department of Labor under EIN 911506719.
Who sponsors the TODD SHIPYARDS CORPORATION RETIREMENT SYSTEM?
TODD SHIPYARDS CORPORATION RETIREMENT SYSTEM is sponsored by PUGET SOUND COMMERCE CENTER, INC., located in Washington. The sponsor's EIN is 911506719 and the plan operates in the Manufacturing industry.
How did TODD SHIPYARDS CORPORATION RETIREMENT SYSTEM perform in 2022?
TODD SHIPYARDS CORPORATION RETIREMENT SYSTEM declined by 3.3% during 2022, moving from $28M to $27M in total assets. Net income was $-665,798.
Where can I find official filings for TODD SHIPYARDS CORPORATION RETIREMENT SYSTEM?
Official Form 5500 filings for TODD SHIPYARDS CORPORATION RETIREMENT SYSTEM are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 911506719 or plan name at efast.dol.gov.
How does TODD SHIPYARDS CORPORATION RETIREMENT SYSTEM compare to other plans?
You can compare TODD SHIPYARDS CORPORATION RETIREMENT SYSTEM against other Defined Benefit (Pension) plans on the plan type page, or view plans in Washington 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 911506719.

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 official public datasets. See our methodology for details.