Defined Benefit (Pension) · DOL Form 5500 · 2023

Neo Magnequench Distribution, LLC Pension Plan

Data updated 2026-08-25

$6M
Total assets Small plan by assets: N/A
Participants Small participant base: 47th
Percentile by assets National rank

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Official DOL plan name: Magnequench International, Inc. Hourly Pension Plan · Sponsored by Neo Magnequench Distribution, LLC · Indiana · Manufacturing

$6M in assets, N/A participants

Neo Magnequench Distribution, LLC's Magnequench International, Inc. Hourly Pension Plan reported $6M in total assets and N/A participants in its 2023 DOL Form 5500 filing, ranking in the 47th 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.

#5,688 in Manufacturing (18,722 peers)

What the 2023 filing shows

Magnequench International, Inc. Hourly Pension Plan holds $6M for N/A participants, in the lower half of filed plans by assets.

#5,688
in Manufacturing (18,722 peers): +5.8%
assets growth YoY

Magnequench International, Inc. Hourly Pension Plan's mid-pack asset rank among Manufacturing and all filers

Magnequench International, Inc. Hourly Pension Plan vs every filed plan by assets

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

$5,705,372 47th percentile higher than 47% of 127,068 filed plans

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.

Micro (1-10) 35,718 filings (27%) Small (11-100) 27,089 filings (21%) Medium (101-1,000) 55,445 filings (43%) Large (1,001-10,000) 10,273 filings (8%) Mega (10,000+) 1,374 filings (1%)

Magnequench International, Inc. Hourly Pension Plan reported net income rose from -$1M in the plan year 2022 filing to $311K in the plan year 2023 filing.
Magnequench International, Inc. Hourly Pension Plan end-of-year assets rose from $5M in the plan year 2022 filing to $6M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 813516824 · Neo Magnequench Distribution, LLC PY 2023 · Defined Benefit (Pension)

Magnequench International, Inc. Hourly Pension Plan · $6M · N/A · 47th

RANK $6M
PHOTO N/A
IND 47th
EOY Defined Benefit (Pension)
5500 near Global Tote US Pension Plan for Union Employees
ASSETS ind #5688

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 Indiana →

End-of-year total assets ($M) among Magnequench International, Inc. Hourly Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Filing particulars (2023)

Total Assets (Beginning of Year)	$5M
Net Assets (End of Year)	$6M
Net Income	$311K
Employer EIN	813516824
Plan Effective Date	1995-10-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Neo Magnequench Distribution, LLC)

Latest sponsor-wide plan assets: $6M 4.043760096608578% vs 2022; 2024 filing year

Year	Plans	Participants	Total Assets
2022	1	N/A	$5M
2023	1	N/A	$6M
2024	1	N/A	$6M

Nearby Defined Benefit (Pension) Plans in Indiana

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

Magnequench International, Inc. Hourly Pension Plan vs. nearby Defined Benefit (Pension) plans in Indiana, assets vs. participants

The Lilly Retirement Plan $11.7B · 19,111
Cummins Pension Plan $3.3B · 26,560
Indiana Laborers Pension Fund $1.7B · 10,800
Elevance Health Cash Balance Plan a $1.3B · 8,197
Nisource Pension Plan $1.1B · 2,174

Compare Magnequench International, Inc. Hourly Pension Plan side-by-side with 3 peers →

Magnequench International, Inc. Hourly Pension Plan's closest out-of-state Defined Benefit (Pension) peers by assets

Outside Indiana, the nearest Defined Benefit (Pension) by end-of-year assets is Global Tote US Pension Plan for Union Employees in CT at $6M (this filing: $6M).

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($6M here).

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 Magnequench International, Inc. Hourly Pension Plan assets move in 2023? ▼

Magnequench International, Inc. Hourly Pension Plan grew at a solid clip - up 5.8% during 2023, from $5M to $6M. Reported net income was $311K.

How have Neo Magnequench Distribution, LLC plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Neo Magnequench Distribution, LLC's sponsor-wide assets grew 4.0%, from $5M to $6M.

Which Defined Benefit (Pension) plans are similar in size to Magnequench International, Inc. Hourly Pension Plan? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Global Tote US Pension Plan for Union Employees in CT ($6M, 98 participants).

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 813516824.