Defined Benefit (Pension)
2022 plan-year Defined Benefit (Pension) DOL Form 5500

Retirement Plan for Employees of Chemalloy Company, Inc.

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

Sponsored by Chemalloy Company LLC Β· Pennsylvania Β· Wholesale Trade

What the 2023 filing shows

Retirement Plan for Employees of Chemalloy Company, Inc. holds $3M for 17 participants - about $182,904 per participant, down 62.8% over the 2022 plan year.

$3M
total plan assets (2022 EOY)
17
covered participants
$182,904
avg assets per participant
-62.8%
assets change YoY

The plan reported a net loss of $5M for the year β€” a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$3M
Participants
17
State
Industry
Wholesale Trade

What the Filing Says About Retirement Plan for Employees of Chemalloy Company, Inc.

Retirement Plan for Employees of Chemalloy Company, Inc. is a Defined Benefit (Pension) retirement plan sponsored by Chemalloy Company LLC, headquartered in Pennsylvania. As of the 2022 Form 5500 filing, the plan reports $3M in total end-of-year assets and covers 17 participants across the Wholesale Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 371769884, and the plan has been effective since 1974-12-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $8M at the beginning of 2022 to $3M at year-end β€” a decline of 62.8%. Net assets (after liabilities) closed the year at $3M, with reported net income of $-5,250,065 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 1 prior plan-year filing 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 β€” 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)$8M
Total Assets (End of Year)$3M
Net Assets (End of Year)$3M
Net Income$-5,250,065
Plan TypeDefined Benefit (Pension)
Employer EIN371769884
Plan Effective Date1974-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Chemalloy Company LLC)

Year Plans Participants Total Assets
2022 1 17 $3M
2023 1 13 N/A

Nearby Defined Benefit (Pension) Plans in Pennsylvania

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

Frequently Asked Questions

How much money is in the Retirement Plan for Employees of Chemalloy Company, Inc.?
As of the 2022 Form 5500 filing, Retirement Plan for Employees of Chemalloy Company, Inc. holds $3M in total assets with 17 participants. It is sponsored by Chemalloy Company LLC.
What type of plan is Retirement Plan for Employees of Chemalloy Company, Inc.?
Retirement Plan for Employees of Chemalloy Company, Inc. is a Defined Benefit (Pension) plan. It has been effective since 1974-12-01. The plan is filed with the U.S. Department of Labor under EIN 371769884.
Who sponsors the Retirement Plan for Employees of Chemalloy Company, Inc.?
Retirement Plan for Employees of Chemalloy Company, Inc. is sponsored by Chemalloy Company LLC, located in Pennsylvania. The sponsor's EIN is 371769884 and the plan operates in the Wholesale Trade industry.
How did Retirement Plan for Employees of Chemalloy Company, Inc. perform in 2022?
Retirement Plan for Employees of Chemalloy Company, Inc. declined by 62.8% during 2022, moving from $8M to $3M in total assets. Net income was $-5,250,065.
Where can I find official filings for Retirement Plan for Employees of Chemalloy Company, Inc.?
Official Form 5500 filings for Retirement Plan for Employees of Chemalloy Company, Inc. are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 371769884 or plan name at efast.dol.gov.
How does Retirement Plan for Employees of Chemalloy Company, Inc. compare to other plans?
You can compare Retirement Plan for Employees of Chemalloy Company, Inc. against other Defined Benefit (Pension) 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) β€” original filing retrieval by EIN 371769884.

Reference: IRS Publication 560 β€” Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B β€” 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.