Defined Benefit (Pension) · DOL Form 5500 · 2022

Simkins Industries, Inc. Pension Plan

Data updated 2026-08-06

$6M
Total assets
5
Participants
55th
Percentile by assets
$1.3M
Avg per participant
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Official DOL plan name: Employees' Retirement Plan of Simkins Industries, Inc. · Sponsored by Simkins Industries, Inc. · Florida · Manufacturing

$6M in assets, 5 participants

Simkins Industries, Inc.'s Employees' Retirement Plan of Simkins Industries, Inc. reported $6M in total assets and 5 participants in its 2022 DOL Form 5500 filing, ranking in the 55th 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.

  • 55th percentile by assets (of 139,258 plans)
  • #8,280 in Manufacturing (20,629 peers)

Simkins Industries, Inc. multi-year trail

Simkins Industries, Inc.'s plans moved -44.9% in assets from 2022 to 2024; this filing shows Employees' Retirement Plan of Simkins Industries, Inc. at $6M / 5 participants.

$6M
total plan assets (2022 EOY)
5
covered participants
55th
percentile by assets (of 139,258 plans)
$1.3M
avg assets per participant

The plan reported a net loss of $30M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Simkins Industries, Inc. across 3 plan years on file

Across the 3 plan years Simkins Industries, Inc. has on file (2022-2024), sponsor-wide plan assets have moved from $12M to $7M, a decline of 44.9%, while reported participants moved from 16 to 14 (-12.5%). Peak year by sponsor assets: 2022 ($12M); trough: 2024 ($7M).

Simkins Industries, Inc. multi-year asset trail

$4M$6M$8M$10M$12M$14M 202220232024 $11.8M $6.51M â–Ľ -44.9%
Total plan assets by year, all Simkins Industries, Inc. plans on file
Year Plans Participants Total Assets
2022 2 16 $12M
2023 2 10 $8M
2024 2 14 $7M

Simkins Industries, Inc. filing trail (2022)

Total Assets (Beginning of Year)$36M
Net Assets (End of Year)$6M
Net Income-$30M
Employer EIN060469480
Plan Effective Date1944-09-30
Filing StatusFILING RECEIVED

Nearby Defined Benefit (Pension) Plans in Florida

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

Employees' Retirement Plan of Simkins Industries, Inc. vs. nearby Defined Benefit (Pension) plans in Florida, assets vs. participants

Employees' Retirement Plan of Simkins Industries, Inc. vs. nearby Defined Benefit (Pension) plans in Florida, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -202468 Total assets ($B) Participants Employees' Retiremen…L3harris Aviation Pr…Nextera Energy, Inc.…Csx Pension PlanRetirement Benefit A…Pricewaterhousecoope…
Employees' Retirement Plan of Simkins Industries, Inc. vs. nearby Defined Benefit (Pension) plans in Florida, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Employees' Retirement Plan of Simkins Industries, Inc. by total assets, not by location.

Frequently Asked Questions

How did Employees' Retirement Plan of Simkins Industries, Inc. assets move in 2022?
Employees' Retirement Plan of Simkins Industries, Inc. contracted severely - down 82.5% during 2022, from $36M to $6M. Reported net income was -$30M.
How have Simkins Industries, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Simkins Industries, Inc.'s sponsor-wide assets declined 44.9%, from $12M to $7M.
Which Defined Benefit (Pension) plans are similar in size to Employees' Retirement Plan of Simkins Industries, Inc.?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Kenosha Beef International, Ltd. Employees' Pension Plan in WI ($6M, 383 participants).

Next read for Employees' Retirement Plan of Simkins In…

Multi-year trail

Ways to act on Employees' Retirement Plan of Simkins Industries, Inc.'s numbers.