Defined Benefit (Pension) · DOL Form 5500 · 2023

Flexible Steel Lacing Company Pension Plan

Data updated 2026-08-25

$79M
Total assets Below avg plan size
408
Participants Below avg headcount
90th
Percentile by assets National rank
$194,469
Avg per participant Above avg balance/head
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Official DOL plan name: Flexco Pension Plan · Sponsored by Flexible Steel Lacing Company · Illinois · Manufacturing

$79M in assets, 408 participants

Flexible Steel Lacing Company's Flexco Pension Plan reported $79M in total assets and 408 participants in its 2023 DOL Form 5500 filing, ranking in the 90th 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.

  • #15,838 in Manufacturing (18,722 peers)

Where Flexco Pension Plan sits by assets

Flexco Pension Plan sits in the top 10% of all filed plans by assets, $79M for 408 participants (~$194,469/participant), up 6.5% in 2023.

#15,838
in Manufacturing (18,722 peers)
+6.5%
assets growth YoY
0.8×
vs typical plan assets (national mean)

Flexco Pension Plan's outsized position by total assets

Flexco Pension Plan vs every filed plan by assets

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

$79,343,533 Top 10% higher than 90% 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

Flexco 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. Flexco Pension Plan sits mid-pack in the medium band (408 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Flexco Pension Plan reported net income rose from -$19M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Flexco Pension Plan reported participants rose from 361 in the plan year 2022 filing to 408 in the plan year 2023 filing.
  • Flexco Pension Plan end-of-year assets rose from $74M in the plan year 2022 filing to $79M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 361085010 · Flexible Steel Lacing Company PY 2023 · Defined Benefit (Pension)

Flexco Pension Plan · $79M · 408 · 90th

  • RANK $79M
  • RANK 408
  • RANK 90th
  • RANK Defined Benefit (Pension)
  • RANK near Independence Community Bank Employees Retirement Plan
  • RANK ind #15838

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 Illinois →

Flexco Pension Plan in the asset neighbourhood

Plumbers & Steamfitters Local 248- Pension Trust PlanPlumbers & Steamfitters Loca…$80MGeneral Cable Master Pension PlanGeneral Cable Master Pension…$79MIndependence Community Bank Employees Retirement PlanIndependence Community Bank …$79MFlexco Pension Plan$79MRetirement Plan for Employees of Ion BankRetirement Plan for Employee…$79M
End-of-year total assets ($M) among Flexco 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)$74M
Net Assets (End of Year)$79M
Net Income$5M
Employer EIN361085010
Plan Effective Date1943-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Flexible Steel Lacing Company)

Sponsor-wide plan assets over time

All Flexible Steel Lacing Company plans reported in each filing year

Latest sponsor-wide plan assets
$185M 18.02017851857362% vs 2022
2024 filing year
$150M$160M$170M$180M$190M 202220232024 $157M $185M ▲ +18.0%
Year Plans Participants Total Assets
2022 2 834 $157M
2023 2 889 $175M
2024 2 904 $185M

Nearby Defined Benefit (Pension) Plans in Illinois

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

Flexco Pension Plan vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -200204060 Total assets ($B) Participants Flexco Pension Plan, Total assets ($B): 0.079343533 · Participants: 408Flexco 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
Flexco Pension Plan vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants
Compare Flexco Pension Plan side-by-side with 3 peers →

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

Outside Illinois, the nearest Defined Benefit (Pension) by assets is Independence Community Bank Employees Retirement Plan in MA ($79M); by covered participants it is Benjamin Moore & Co. Retirement Income Plan in NJ (408 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (408 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 Flexco Pension Plan assets move in 2023? ▼
Flexco Pension Plan grew at a solid clip - up 6.5% during 2023, from $74M to $79M. Reported net income was $5M.
How have Flexible Steel Lacing Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Flexible Steel Lacing Company's sponsor-wide assets grew 18.0%, from $157M to $185M.
Where does Flexco Pension Plan rank by assets among Form 5500 filers? ▼
Flexco Pension Plan ranks in the 90th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Flexco Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Independence Community Bank Employees Retirement Plan in MA ($79M, 59 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Flexco Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Benjamin Moore & Co. Retirement Income Plan in NJ (408 participants, $256M 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 361085010.

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.