Other
2022 plan-year Other DOL Form 5500

Pension Plan for Hourly Rated Employees of Air Products and Chemicals, Inc.

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

Sponsored by Air Products and Chemicals, Inc. · Pennsylvania · Manufacturing

What the 2023 filing shows

Pension Plan for Hourly Rated Employees of Air Products and Chemicals, Inc. holds $190M for 326 participants — about $583,460 per participant, down 3.6% over the 2022 plan year.

$190M
total plan assets (2022 EOY)
326
covered participants
$583,460
avg assets per participant
-3.6%
assets change YoY

The plan reported a net loss of $7M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$190M
Participants
326
State
Industry
Manufacturing

What the Filing Says About Pension Plan for Hourly Rated Employees of Air Products and Chemicals, Inc.

Pension Plan for Hourly Rated Employees of Air Products and Chemicals, Inc. is a Other retirement plan sponsored by Air Products and Chemicals, Inc., headquartered in Pennsylvania. As of the 2022 Form 5500 filing, the plan reports $190M in total end-of-year assets and covers 326 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 231274455, and the plan has been effective since 1960-10-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $197M at the beginning of 2022 to $190M at year-end — a decline of 3.6%. Net assets (after liabilities) closed the year at $190M, with reported net income of $-7,106,260 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 2 prior plan-year filings 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)$197M
Total Assets (End of Year)$190M
Net Assets (End of Year)$190M
Net Income$-7,106,260
Plan TypeOther
Employer EIN231274455
Plan Effective Date1960-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Air Products and Chemicals, Inc.)

Year Plans Participants Total Assets
2022 3 6,869 $4.7B
2023 3 7,105 $5.1B
2024 1 6,170 $2.7B

Nearby Other Plans in Pennsylvania

Peer Other plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the Pension Plan for Hourly Rated Employees of Air Products and Chemicals, Inc.?
As of the 2022 Form 5500 filing, Pension Plan for Hourly Rated Employees of Air Products and Chemicals, Inc. holds $190M in total assets with 326 participants. It is sponsored by Air Products and Chemicals, Inc..
What type of plan is Pension Plan for Hourly Rated Employees of Air Products and Chemicals, Inc.?
Pension Plan for Hourly Rated Employees of Air Products and Chemicals, Inc. is a Other plan. It has been effective since 1960-10-01. The plan is filed with the U.S. Department of Labor under EIN 231274455.
Who sponsors the Pension Plan for Hourly Rated Employees of Air Products and Chemicals, Inc.?
Pension Plan for Hourly Rated Employees of Air Products and Chemicals, Inc. is sponsored by Air Products and Chemicals, Inc., located in Pennsylvania. The sponsor's EIN is 231274455 and the plan operates in the Manufacturing industry.
How did Pension Plan for Hourly Rated Employees of Air Products and Chemicals, Inc. perform in 2022?
Pension Plan for Hourly Rated Employees of Air Products and Chemicals, Inc. declined by 3.6% during 2022, moving from $197M to $190M in total assets. Net income was $-7,106,260.
Where can I find official filings for Pension Plan for Hourly Rated Employees of Air Products and Chemicals, Inc.?
Official Form 5500 filings for Pension Plan for Hourly Rated Employees of Air Products and Chemicals, Inc. are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 231274455 or plan name at efast.dol.gov.
How does Pension Plan for Hourly Rated Employees of Air Products and Chemicals, Inc. compare to other plans?
You can compare Pension Plan for Hourly Rated Employees of Air Products and Chemicals, Inc. against other Other plans on the plan type page, or view plans in Pennsylvania 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 231274455.

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