Defined Benefit (Pension) · DOL Form 5500 · 2022

Hanwha Aerospace USA LLC Pension Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
9
Participants Small participant base
43rd
Percentile by assets National rank
$380,150
Avg per participant High balance/head
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Official DOL plan name: Edac Technologies Corporation Gros-Ite Division Employees Pension Plan · Sponsored by Hanwha Aerospace USA LLC · Connecticut · Manufacturing

$3M in assets, 9 participants

Hanwha Aerospace USA LLC's Edac Technologies Corporation Gros-Ite Division Employees Pension Plan reported $3M in total assets and 9 participants in its 2022 DOL Form 5500 filing, ranking in the 43rd 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.

  • #5,397 in Manufacturing (20,602 peers)

2022 asset change

Edac Technologies Corporation Gros-Ite Division Employees Pension Plan declined sharply 20.6% in 2022 ($4M → $3M) for 9 participants.

#5,397
in Manufacturing (20,602 peers)
-20.6%
assets change YoY

The plan reported a net loss of $885K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Edac Technologies Corporation Gros-Ite Division Employees Pension Plan's mid-pack asset rank among Manufacturing and all filers

Edac Technologies Corporation Gros-Ite Division Employees Pension Plan vs every filed plan by assets

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

$3,421,350 43rd percentile higher than 43% 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

Edac Technologies Corporation Gros-Ite Division Employees Pension Plan among micro filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Edac Technologies Corporation Gros-Ite Division Employees Pension Plan is a micro filing (9 participants), the leftmost band.

DOL schedule card

Filing strip 391515599 · Hanwha Aerospace USA LLC PY 2022 · Defined Benefit (Pension)

Edac Technologies Corporation Gros-Ite Division Employees Pension Plan · $3M · 9 · 43rd

  • EOY $3M
  • EOY 9
  • EOY 43rd
  • EOY Defined Benefit (Pension)
  • EOY near Vda Management Services, Inc. Defined Benefit Pension Plan
  • EOY ind #5397

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 Connecticut →

Edac Technologies Corporation Gros-Ite Division Employees Pension Plan in the asset neighbourhood

Edac Technologies Corporation Gros-Ite Division Employees Pension PlanEdac Technologies Corporatio…$3MVda Management Services, Inc. Defined Benefit Pension PlanVda Management Services, Inc…$3MK.a.R. Properties, Inc. Defined Benefit Pension PlanK.a.R. Properties, Inc. Defi…$3MThe Buckeye Pipe Line Services Company Retirement Income Guarantee PlanThe Buckeye Pipe Line Servic…$3MVeerinder S. Anand, Md, Inc. Defined Benefit Pension Plan IIVeerinder S. Anand, Md, Inc.…$3M
End-of-year total assets ($M) among Edac Technologies Corporation Gros-Ite Division Employees Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Hanwha Aerospace USA LLC years around the 2022 move

Sponsor-wide plan assets over time

All Hanwha Aerospace USA LLC plans reported in each filing year

Latest sponsor-wide plan assets
$55M 8.572466223594837% vs 2022
2024 filing year
$50M$52M$54M$56M 202220232024 $50.8M $55.1M ▲ +8.6%
Year Plans Participants Total Assets
2022 2 526 $51M
2023 2 546 $52M
2024 1 538 $55M

2022 asset-move particulars

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$3M
Net Income-$885K
Employer EIN391515599
Plan Effective Date1974-07-01
Filing StatusFILING RECEIVED

Nearby Defined Benefit (Pension) Plans in Connecticut

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

Edac Technologies Corporation Gros-Ite Division Employees Pension Plan vs. nearby Defined Benefit (Pension) plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -1001020304050 Total assets ($B) Participants Edac Technologies Corporation Gros-Ite Division Employees Pension Plan, Total assets ($B): 0.00342135 · Participants: 9Edac Technologies Corporation Gros-Ite Division Employees Pension PlanGE Pension Plan, Total assets ($B): 45.011810846 · Participants: 24626GE Pension PlanRaytheon Company Pension Plan for Salaried Employees, Total assets ($B): 11.559983892 · Participants: 13495Raytheon Company Pension Plan for Salaried EmployeesThe Citigroup Pension Plan, Total assets ($B): 10.501575547 · Participants: 18484The Citigroup Pension PlanEversource Pension Plan, Total assets ($B): 5.933906102 · Participants: 4126Eversource Pension PlanRetirement Plan for Employees of Aetna Inc., Total assets ($B): 5.359687499 · Participants: 11471Retirement Plan for Employees of Aetna Inc.
Edac Technologies Corporation Gros-Ite Division Employees Pension Plan vs. nearby Defined Benefit (Pension) plans in Connecticut, assets vs. participants
Compare Edac Technologies Corporation Gros-Ite Division Employees Pension Plan side-by-side with 3 peers →

Edac Technologies Corporation Gros-Ite Division Employees Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Connecticut, the nearest Defined Benefit (Pension) by assets is Vda Management Services, Inc. Defined Benefit Pension Plan in CA ($3M); by covered participants it is Teamsters Union Local 970 Pension Plan for Metal-Matic, Inc. in MN (9 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (9 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 Edac Technologies Corporation Gros-Ite Division Employees Pension Plan assets move in 2022? ▼
Edac Technologies Corporation Gros-Ite Division Employees Pension Plan declined sharply - down 20.6% during 2022, from $4M to $3M. Reported net income was -$885K.
How have Hanwha Aerospace USA LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Hanwha Aerospace USA LLC's sponsor-wide assets grew 8.6%, from $51M to $55M.
Which Defined Benefit (Pension) plans are similar in size to Edac Technologies Corporation Gros-Ite Division Employees Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Vda Management Services, Inc. Defined Benefit Pension Plan in CA ($3M, 2 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Edac Technologies Corporation Gros-Ite Division Employees Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Teamsters Union Local 970 Pension Plan for Metal-Matic, Inc. in MN (9 participants, N/A in assets).

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 391515599.

Read our methodology - how this data is sourced, computed, and verified.

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