Defined Benefit (Pension) · DOL Form 5500 · 2023
Spire Alabama Inc. Pension Plan
Data updated 2026-08-11
- $106M
- Total assets
- 753
- Participants
- 92nd
- Percentile by assets
- $141,145
- Avg per participant
Official DOL plan name: Spire Retirement Income Plan · Sponsored by Spire Alabama Inc. · Alabama · Utilities
$106M in assets, 753 participants
Spire Alabama Inc.'s Spire Retirement Income Plan reported $106M in total assets and 753 participants in its 2023 DOL Form 5500 filing, ranking in the 92nd 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.
- 92nd percentile by assets (of 127,072 plans)
- #458 in Utilities (721 peers)
Coverage in Alabama
Spire Retirement Income Plan covers 753 participants in Alabama, 2.1x the typical Alabama plan (state average ~360 per filing). Assets: $106M.
- $106M
- total plan assets (2023 EOY)
- 753
- covered participants
- 92nd
- percentile by assets (of 127,072 plans)
- $141,145
- avg assets per participant
The plan reported a net loss of $8M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Spire Retirement Income Plan reported net income rose from -$17M in the plan year 2022 filing to -$8M in the plan year 2023 filing.
- Spire Retirement Income Plan end-of-year assets rose from $98M in the plan year 2022 filing to $106M in the plan year 2023 filing.
- Spire Retirement Income Plan reported participants fell from 765 in the plan year 2022 filing to 753 in the plan year 2023 filing.
Participants vs Alabama filers
In Alabama, the average filing covers about 360 participants across 1,591 plans. Spire Retirement Income Plan reports 753 participants - 2.1x that state average ($106M EOY assets).
Alabama filing particulars
| Total Assets (Beginning of Year) | $98M |
|---|---|
| Net Assets (End of Year) | $106M |
| Net Income | -$8M |
| Employer EIN | 630022000 |
| Plan Effective Date | 2014-04-30 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Spire Alabama Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 1,036 | $118M |
| 2023 | 2 | 1,005 | $106M |
| 2024 | 1 | 1,041 | $140M |
Nearby Defined Benefit (Pension) Plans in Alabama
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Spire Retirement Income Plan vs. nearby Defined Benefit (Pension) plans in Alabama, assets vs. participants
- Regions Financial Corporation Retirement Plan $1.2B · 292
- Blue Cross and Blue Shield of Alabama Retirement Plan $737M · 2,014
- Regions Financial Corporation Retirement Plan for Associates $716M · 2,395
- Vulcan Materials Company Pension Plan $508M · 776
- American Cast Iron Pipe Company Pension Plan $440M · 832
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Spire Retirement Income Plan by total assets, not by location.
- Clark Equipment Company Retirement Plan (Plan 50) (ND) $106M · 134
- Defined Benefit Retirement Plan for Dartmouth College Staff (NH) $106M · 276
- Monument Health, Inc. Pension Plan (SD) $106M · 3,078
- Southwest Retirement and Cash Balance Plan (OH) $106M · 1,032
Frequently Asked Questions
How did Spire Retirement Income Plan assets move in 2023? ▼
How have Spire Alabama Inc. plan assets changed over time? ▼
Where does Spire Retirement Income Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Spire Retirement Income Plan? ▼
Next read for Spire Retirement Income Plan
Filing takeaways
Ways to act on Spire Retirement Income Plan's numbers.
- By total assets, Spire Retirement Income Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Alabama. Compare plans
- Spire Alabama Inc.'s sponsor-wide assets have grown 18.7% since 2022 across 3 plan years on file. More Utilities plans