Defined Benefit (Pension) · DOL Form 5500 · 2022
Hekman Furniture Company Pension Plan
Data updated 2026-08-11
- $16K
- Total assets
- N/A
- Participants
- 2nd
- Percentile by assets
Official DOL plan name: Hekman Furniture Company Amended Service Related Pension Plan · Sponsored by Hekman Furniture Company · Michigan · Manufacturing
$16K in assets, N/A participants
Hekman Furniture Company's Hekman Furniture Company Amended Service Related Pension Plan reported $16K in total assets and N/A participants in its 2022 DOL Form 5500 filing, ranking in the 2nd 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.
- 2nd percentile by assets (of 139,126 plans)
- #157 in Manufacturing (20,602 peers)
2022 asset change
Hekman Furniture Company Amended Service Related Pension Plan contracted severely 98.7% in 2022 ($1M → $16K) for N/A participants.
- $16K
- total plan assets (2022 EOY)
- N/A
- covered participants
- 2nd
- percentile by assets (of 139,126 plans)
- -98.7%
- assets change YoY
The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Where Hekman Furniture Company Amended Service Related Pension Plan sits by total assets
Hekman Furniture Company Amended Service Related Pension Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$15,636 2nd percentile higher than 2% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
2022 asset move for Hekman Furniture Company Amended Service Related Pension Plan
Year over year, total assets contracted severely from $1M at the start of 2022 to $16K at year-end (down 98.7%). Net assets closed at $16K; reported net income -$1M.
Hekman Furniture Company years around the 2022 move
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | N/A | $16K |
| 2023 | 1 | N/A | N/A |
2022 asset-move particulars
| Total Assets (Beginning of Year) | $1M |
|---|---|
| Net Assets (End of Year) | $16K |
| Net Income | -$1M |
| Employer EIN | 382487683 |
| Plan Effective Date | 1969-12-01 |
| Filing Status | FILING RECEIVED |
Nearby Defined Benefit (Pension) Plans in Michigan
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Hekman Furniture Company Amended Service Related Pension Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants
- General Motors Hourly-Rate Employees Pension Plan $40.2B · 18,766
- Ford Motor Company UAW Retirement Plan $19.3B · 27,567
- Ford Motor Company General Retirement Plan $13.4B · 11,760
- Dow Employees' Pension Plan $13.0B · 13,759
- Fca US LLC UAW Pension Agreement $8.6B · 14,563
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Hekman Furniture Company Amended Service Related Pension Plan by total assets, not by location.
Frequently Asked Questions
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2022 change
Ways to act on Hekman Furniture Company Amended Service Related Pension Plan's numbers.
- By total assets, Hekman Furniture Company Amended Service Related Pension Plan ranks among the smaller plans by assets on file. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Michigan. Compare plans