Defined Benefit (Pension) · DOL Form 5500 · 2023

Albany International Corp. Pension Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets
N/A
Participants Small participant base
28th
Percentile by assets National rank
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Official DOL plan name: Albany International Corp. Pension Plus Plan · Sponsored by Albany International Corp. · New York · Manufacturing

$2M in assets, N/A participants

Albany International Corp.'s Albany International Corp. Pension Plus Plan reported $2M in total assets and N/A participants in its 2023 DOL Form 5500 filing, ranking in the 28th 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.

  • #2,437 in Manufacturing (18,722 peers)

Albany International Corp. multi-year trail

Albany International Corp.'s plans moved +20.7% in assets from 2022 to 2024; this filing shows Albany International Corp. Pension Plus Plan at $2M / N/A participants.

#2,437
in Manufacturing (18,722 peers)
-6.9%
assets change YoY

Albany International Corp. Pension Plus Plan among the smaller filed plans by assets

Albany International Corp. Pension Plus Plan vs every filed plan by assets

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

$1,564,418 28th percentile higher than 28% 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

Filed plans by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Albany International Corp. Pension Plus Plan reported net income rose from -$110M in the plan year 2022 filing to $123K in the plan year 2023 filing.
  • Albany International Corp. Pension Plus Plan reported participants fell from 147 in the plan year 2022 filing to N/A in the plan year 2023 filing.
  • Albany International Corp. Pension Plus Plan end-of-year assets fell from $2M in the plan year 2022 filing to $2M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 140462060 · Albany International Corp. PY 2023 · Defined Benefit (Pension)

Albany International Corp. Pension Plus Plan · $2M · N/A · 28th

  • BOOK $2M
  • VS-ST N/A
  • BOY 28th
  • SCH Defined Benefit (Pension)
  • EBSA near Nassau Inn Limited Partnership Pension Plan for Members of Unite Here Local 54
  • PART ind #2437

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 New York →

Albany International Corp. Pension Plus Plan in the asset neighbourhood

Nassau Inn Limited Partnership Pension Plan for Members of Unite Here Local 54Nassau Inn Limited Partnersh…$2MArthur Gary Katz Cash Balance PlanArthur Gary Katz Cash Balanc…$2MAlbany International Corp. Pension Plus PlanAlbany International Corp. P…$2MHeshima Productions Inc Defined Benefit Pension PlanHeshima Productions Inc Defi…$2MPackaging Containers Inc. Pension PlanPackaging Containers Inc. Pe…$2M
End-of-year total assets ($M) among Albany International Corp. Pension Plus Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Albany International Corp. multi-year asset trail

Sponsor-wide plan assets over time

All Albany International Corp. plans reported in each filing year

Latest sponsor-wide plan assets
$483M 20.7241809117659% vs 2022
2024 filing year
$350M$400M$450M$500M 202220232024 $400M $483M ▲ +20.7%
Year Plans Participants Total Assets
2022 2 1,750 $400M
2023 2 1,784 $449M
2024 2 1,909 $483M

Albany International Corp. filing trail (2023)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$630K
Net Income$123K
Employer EIN140462060
Plan Effective Date1971-01-01
Filing StatusFILING RECEIVED

Nearby Defined Benefit (Pension) Plans in New York

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

Albany International Corp. Pension Plus Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -100102030 Total assets ($B) Participants Albany International Corp. Pension Plus Plan, Total assets ($B): 0.001564418 · Participants: 0Albany International Corp. Pension Plus PlanIBM Personal Pension Plan, Total assets ($B): 24.955758896 · Participants: 14881IBM Personal Pension PlanConsolidated Edison Retirement Plan, Total assets ($B): 16.184377155 · Participants: 10779Consolidated Edison Retirement Plan1199seiu Health Care Employees Pension Fund, Total assets ($B): 16.16620463 · Participants: 1075821199seiu Health Care Employees Pension FundPfizer Consolidated Pension Plan, Total assets ($B): 10.955262618 · Participants: 9616Pfizer Consolidated Pension PlanPepsico Employees Retirement Plan I, Total assets ($B): 7.599669 · Participants: 12289Pepsico Employees Retirement Plan I
Albany International Corp. Pension Plus Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants

Albany International Corp. Pension Plus Plan's closest out-of-state Defined Benefit (Pension) peers by assets

Outside New York, the nearest Defined Benefit (Pension) by end-of-year assets is Nassau Inn Limited Partnership Pension Plan for Members of Unite Here Local 54 in NJ at $2M (this filing: $2M).

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 Albany International Corp. Pension Plus Plan assets move in 2023?
Albany International Corp. Pension Plus Plan pulled back noticeably - down 6.9% during 2023, from $2M to $2M. Reported net income was $123K.
How have Albany International Corp. plan assets changed over time?
Across 3 plan years on file (2022-2024), Albany International Corp.'s sponsor-wide assets grew 20.7%, from $400M to $483M.
Which Defined Benefit (Pension) plans are similar in size to Albany International Corp. Pension Plus Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Nassau Inn Limited Partnership Pension Plan for Members of Unite Here Local 54 in NJ ($2M, 55 participants).