Defined Benefit (Pension) · DOL Form 5500 · 2022

Air Products and Chemicals, Inc. Pension Plan

Data updated 2026-08-25

$190M
Total assets Near avg plan size
326
Participants Below avg headcount
95th
Percentile by assets National rank
$583,460
Avg per participant High balance/head
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Official DOL plan name: Pension Plan for Hourly Rated Employees of Air Products and Chemicals, Inc. · Sponsored by Air Products and Chemicals, Inc. · Pennsylvania · Manufacturing

$190M in assets, 326 participants

Air Products and Chemicals, Inc.'s Pension Plan for Hourly Rated Employees of Air Products and Chemicals, Inc. reported $190M in total assets and 326 participants in its 2022 DOL Form 5500 filing, ranking in the 95th 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.

  • #19,122 in Manufacturing (20,602 peers)

Coverage in Pennsylvania

Pension Plan for Hourly Rated Employees of Air Products and Chemicals, Inc. covers 326 participants in Pennsylvania, about 40% of the average Pennsylvania filer (state average ~822 per filing). Assets: $190M.

#19,122
in Manufacturing (20,602 peers)
-3.6%
assets change YoY
1.9×
vs typical plan assets (national mean)

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.

Pension Plan for Hourly Rated Employees of Air Products and Chemicals, Inc.'s outsized position by total assets

Pension Plan for Hourly Rated Employees of Air Products and Chemicals, Inc. vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$190,207,889 Top 5% higher than 95% 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

Pension Plan for Hourly Rated Employees of Air Products and Chemicals, Inc. among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Pension Plan for Hourly Rated Employees of Air Products and Chemicals, Inc. sits mid-pack in the medium band (326 participants).

DOL schedule card

Filing strip 231274455 · Air Products and Chemicals, Inc. PY 2022 · Defined Benefit (Pension)

Pension Plan for Hourly Rated Employees of Air Products and Chemicals, Inc. · $190M · 326 · 95th

  • IND $190M
  • EOY 326
  • 5500 95th
  • ASSETS Defined Benefit (Pension)
  • PCT near Kloeckner Metals Defined Benefit Plan
  • EIN ind #19122

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 Pennsylvania →

Pension Plan for Hourly Rated Employees of Air Products and Chemicals, Inc. in the asset neighbourhood

Elevator Division Retirement Benefit PlanElevator Division Retirement…$191MKloeckner Metals Defined Benefit PlanKloeckner Metals Defined Ben…$190MPension Plan for Hourly Rated Employees of Air Products and Chemicals, Inc.Pension Plan for Hourly Rate…$190MUnited Food and Commercial Workers Local 1546 Pension PlanUnited Food and Commercial W…$190MRetirement Plan for Employees of Texas Scottish Rite Hospital for ChildrenRetirement Plan for Employee…$189M
End-of-year total assets ($M) among Pension Plan for Hourly Rated Employees of Air Products and Chemicals, Inc. and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$197M
Net Assets (End of Year)$190M
Net Income-$7M
Employer EIN231274455
Plan Effective Date1960-10-01
Filing StatusFILING RECEIVED

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

Sponsor-wide plan assets over time

All Air Products and Chemicals, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$2.7B 41.92821734022907% vs 2022
2024 filing year
$2B$3B$4B$5B$6B 202220232024 $4.71B $2.73B ▼ -42.0%
Year Plans Participants Total Assets
2022 3 6,869 $4.7B
2023 3 7,105 $5.1B
2024 1 6,170 $2.7B

Nearby Defined Benefit (Pension) Plans in Pennsylvania

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

Pension Plan for Hourly Rated Employees of Air Products and Chemicals, Inc. vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Pension Plan for Hourly Rated Employees of Air Products and Chemicals, Inc., Total assets ($B): 0.190207889 · Participants: 326Pension Plan for Hourly Rated Employees of Air Products and Chemicals, Inc.National Elevator Industry Pension Plan, Total assets ($B): 10.401485458 · Participants: 27097National Elevator Industry Pension PlanSteelworkers Pension Trust, Total assets ($B): 5.908424468 · Participants: 52395Steelworkers Pension TrustThe PNC Financial Services Group, Inc. Pension Plan, Total assets ($B): 5.402519 · Participants: 63731The PNC Financial Services Group, Inc. Pension PlanConstellation Retirement Program, Total assets ($B): 5.359207207 · Participants: 5314Constellation Retirement ProgramThe Bank of New York Mellon Corporation Pension Plan, Total assets ($B): 4.968344232 · Participants: 8098The Bank of New York Mellon Corporation Pension Plan
Pension Plan for Hourly Rated Employees of Air Products and Chemicals, Inc. vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants

Pension Plan for Hourly Rated Employees of Air Products and Chemicals, Inc.'s out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is Kloeckner Metals Defined Benefit Plan in GA ($190M); by covered participants it is Dematic Corp. Retirement Plan for Non-Union Employees in MI (326 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (326 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 Pension Plan for Hourly Rated Employees of Air Products and Chemicals, Inc. assets move in 2022?
Pension Plan for Hourly Rated Employees of Air Products and Chemicals, Inc. edged down modestly - down 3.6% during 2022, from $197M to $190M. Reported net income was -$7M.
How have Air Products and Chemicals, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Air Products and Chemicals, Inc.'s sponsor-wide assets declined 41.9%, from $4.7B to $2.7B.
Where does Pension Plan for Hourly Rated Employees of Air Products and Chemicals, Inc. rank by assets among Form 5500 filers?
Pension Plan for Hourly Rated Employees of Air Products and Chemicals, Inc. ranks in the 95th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Pension Plan for Hourly Rated Employees of Air Products and Chemicals, Inc.?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Kloeckner Metals Defined Benefit Plan in GA ($190M, 491 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Pension Plan for Hourly Rated Employees of Air Products and Chemicals, Inc.?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Dematic Corp. Retirement Plan for Non-Union Employees in MI (326 participants, $170M in assets).