Defined Benefit (Pension) · DOL Form 5500 · 2023
Besser Company Pension Plan
Data updated 2026-08-25
- N/A
- Total assets —
- 23
- Participants Small participant base
Official DOL plan name: Management Employees' Retirement Plan of Besser Company · Sponsored by Besser Company · Michigan · Manufacturing
N/A in assets, 23 participants
Besser Company's Management Employees' Retirement Plan of Besser Company reported N/A in total assets and 23 participants in its 2023 DOL Form 5500 filing. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
What the 2023 filing shows
Management Employees' Retirement Plan of Besser Company holds N/A for 23 participants.
- -$21M
- reported net income
The plan reported a net loss of $21M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Management Employees' Retirement Plan of Besser Company among smaller filed plans by headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Management Employees' Retirement Plan of Besser Company is a small filing (23 participants) on this national headcount ladder.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Management Employees' Retirement Plan of Besser Company reported net income fell from -$6M in the plan year 2022 filing to -$21M in the plan year 2023 filing.
- Management Employees' Retirement Plan of Besser Company reported participants fell from 25 in the plan year 2022 filing to 23 in the plan year 2023 filing.
DOL schedule card
Filing strip 380346640 · Besser Company PY 2023 · Defined Benefit (Pension)
Management Employees' Retirement Plan of Besser Company · N/A · 23
- BOY N/A
- SCH 23
- EBSA PY 2023
- PART Defined Benefit (Pension)
- TYPE near Eastern National Pension Plan
- NET -$21M
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 Michigan →
Filing particulars (2023)
| Total Assets (Beginning of Year) | $21M |
|---|---|
| Net Assets (End of Year) | N/A |
| Net Income | -$21M |
| Employer EIN | 380346640 |
| Plan Effective Date | 1964-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Besser Company)
Sponsor-wide plan assets over time
All Besser Company plans reported in each filing year
- Latest sponsor-wide plan assets
- $118M 3.951959086407647% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 688 | $113M |
| 2023 | 3 | 752 | $111M |
| 2024 | 2 | 779 | $118M |
Nearby Defined Benefit (Pension) Plans in Michigan
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- General Motors Hourly-Rate Employees Pension Plan $44.8B · 17,959
- Ford Motor Company UAW Retirement Plan $19.3B · 26,442
- Ford Motor Company General Retirement Plan $12.7B · 10,215
- Dow Employees' Pension Plan $11.5B · 14,051
- Fca US LLC UAW Pension Agreement $11.2B · 13,635
Management Employees' Retirement Plan of Besser Company's closest out-of-state Defined Benefit (Pension) peers by headcount
Outside Michigan, the nearest Defined Benefit (Pension) by covered participants is Eastern National Pension Plan in PA (23 participants; this filing: 23 participants).
Similar participant headcount
Nearest other-state filings by covered participants (23 participants); asset peers above are excluded.
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.