Defined Benefit (Pension) · DOL Form 5500 · 2023

Bessemer & Lake Erie Railroad Company Pension Plan

Data updated 2026-08-25

$59M
Total assets Below avg plan size
391
Participants Below avg headcount
87th
Percentile by assets National rank
$152,120
Avg per participant Above avg balance/head
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Official DOL plan name: Bessemer Non-Contributory Pension Plan · Sponsored by Bessemer & Lake Erie Railroad Company · Illinois · Transportation & Warehousing

$59M in assets, 391 participants

Bessemer & Lake Erie Railroad Company's Bessemer Non-Contributory Pension Plan reported $59M in total assets and 391 participants in its 2023 DOL Form 5500 filing, ranking in the 87th 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.

  • #2,865 in Transportation & Warehousing (3,362 peers)

Where Bessemer Non-Contributory Pension Plan sits by assets

Bessemer Non-Contributory Pension Plan sits in the top quartile of all filed plans by assets, $59M for 391 participants (~$152,120/participant), up 2.0% in 2023.

#2,865
in Transportation & Warehousing (3,362 peers)
+2.0%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Bessemer Non-Contributory Pension Plan's outsized position by total assets

Bessemer Non-Contributory Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$59,479,000 Top 13% higher than 87% of 127,068 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 2023

Bessemer Non-Contributory Pension Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Bessemer Non-Contributory Pension Plan sits mid-pack in the medium band (391 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Bessemer Non-Contributory Pension Plan reported net income rose from -$23M in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Bessemer Non-Contributory Pension Plan reported participants fell from 424 in the plan year 2022 filing to 391 in the plan year 2023 filing.
  • Bessemer Non-Contributory Pension Plan end-of-year assets rose from $58M in the plan year 2022 filing to $59M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 251589046 · Bessemer & Lake Erie Railroad Company PY 2023 · Defined Benefit (Pension)

Bessemer Non-Contributory Pension Plan · $59M · 391 · 87th

  • EOY $59M
  • EOY 391
  • EOY 87th
  • EOY Defined Benefit (Pension)
  • EOY near Plumbers & Fitters Local Union 295 Pension Plan
  • EOY ind #2865

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 Transportation & Warehousing retirement plans → · Plans in Illinois →

Bessemer Non-Contributory Pension Plan in the asset neighbourhood

Signature Healthcare Retirement Plan CSignature Healthcare Retirem…$60MPlumbers & Fitters Local Union 295 Pension PlanPlumbers & Fitters Local Uni…$60MBessemer Non-Contributory Pension PlanBessemer Non-Contributory Pe…$59MThe Retirement Plan for Employees of the Estate of Thomas O'connorThe Retirement Plan for Empl…$59MElectron Devices Bargained PlanElectron Devices Bargained P…$59M
End-of-year total assets ($M) among Bessemer Non-Contributory Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$58M
Net Assets (End of Year)$59M
Net Income$1M
Employer EIN251589046
Plan Effective Date2001-03-24
Filing StatusFILING RECEIVED

Sponsor Plan History (Bessemer & Lake Erie Railroad Company)

Sponsor-wide plan assets over time

All Bessemer & Lake Erie Railroad Company plans reported in each filing year

Latest sponsor-wide plan assets
$55M 5.849959685028564% vs 2022
2024 filing year
$54M$56M$58M$60M 202220232024 $58.3M $54.9M ▼ -5.9%
Year Plans Participants Total Assets
2022 1 424 $58M
2023 1 391 $59M
2024 1 379 $55M

Nearby Defined Benefit (Pension) Plans in Illinois

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

Bessemer Non-Contributory Pension Plan vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -200204060 Total assets ($B) Participants Bessemer Non-Contributory Pension Plan, Total assets ($B): 0.059479 · Participants: 391Bessemer Non-Contributory Pension PlanCentral States, Southeast & Southwest Areas Pension Plan, Total assets ($B): 49.680270595 · Participants: 48538Central States, Southeast & Southwest Areas Pension PlanState Farm Insurance Companies Retirement Plan for United States Employees, Total assets ($B): 35.242945747 · Participants: 45001State Farm Insurance Companies Retirement Plan for United States EmployeesUnited Food & Commercial Workers Intl Union - Industry Pension Fund, Total assets ($B): 7.965094339 · Participants: 20680United Food & Commercial Workers Intl Union - Industry Pension FundJohn Deere Pension Plan for Salaried Employees, Total assets ($B): 7.960744597 · Participants: 16346John Deere Pension Plan for Salaried EmployeesAbbott Laboratories Annuity Retirement Plan, Total assets ($B): 7.819798504 · Participants: 17382Abbott Laboratories Annuity Retirement Plan
Bessemer Non-Contributory Pension Plan vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants
Compare Bessemer Non-Contributory Pension Plan side-by-side with 3 peers →

Bessemer Non-Contributory Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Illinois, the nearest Defined Benefit (Pension) by assets is Plumbers & Fitters Local Union 295 Pension Plan in FL ($60M); by covered participants it is Pjm Interconnection, LLC Pension Plan in PA (391 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (391 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Bessemer Non-Contributory Pension Plan assets move in 2023? ▼
Bessemer Non-Contributory Pension Plan edged up modestly - up 2.0% during 2023, from $58M to $59M. Reported net income was $1M.
How have Bessemer & Lake Erie Railroad Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Bessemer & Lake Erie Railroad Company's sponsor-wide assets declined 5.8%, from $58M to $55M.
Where does Bessemer Non-Contributory Pension Plan rank by assets among Form 5500 filers? ▼
Bessemer Non-Contributory Pension Plan ranks in the 87th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Bessemer Non-Contributory Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Plumbers & Fitters Local Union 295 Pension Plan in FL ($60M, 259 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Bessemer Non-Contributory Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Pjm Interconnection, LLC Pension Plan in PA (391 participants, $234M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 251589046.

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.