Defined Benefit (Pension) · DOL Form 5500 · 2023

Basic American, Inc. Pension Plan

Data updated 2026-08-25

$19M
Total assets Small plan by assets
130
Participants Small participant base
72nd
Percentile by assets National rank
$148,692
Avg per participant Above avg balance/head
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Official DOL plan name: Pension Plan Basic American Foods · Sponsored by Basic American, Inc. · California · Manufacturing

$19M in assets, 130 participants

Basic American, Inc.'s Pension Plan Basic American Foods reported $19M in total assets and 130 participants in its 2023 DOL Form 5500 filing, ranking in the 72nd 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.

  • #11,548 in Manufacturing (18,722 peers)

Coverage in California

Pension Plan Basic American Foods covers 130 participants in California, about 21% of the average California filer (state average ~630 per filing). Assets: $19M.

#11,548
in Manufacturing (18,722 peers)
+2.4%
assets growth YoY

Pension Plan Basic American Foods's outsized position by total assets

Pension Plan Basic American Foods vs every filed plan by assets

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

$19,329,967 Top 28% higher than 72% 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

Pension Plan Basic American Foods 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. Pension Plan Basic American Foods sits mid-pack in the medium band (130 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Pension Plan Basic American Foods reported net income rose from -$6M in the plan year 2022 filing to $451K in the plan year 2023 filing.
  • Pension Plan Basic American Foods reported participants fell from 155 in the plan year 2022 filing to 130 in the plan year 2023 filing.
  • Pension Plan Basic American Foods end-of-year assets rose from $19M in the plan year 2022 filing to $19M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 941318402 · Basic American, Inc. PY 2023 · Defined Benefit (Pension)

Pension Plan Basic American Foods · $19M · 130 · 72nd

  • 5500 $19M
  • ASSETS 130
  • PCT 72nd
  • EIN Defined Benefit (Pension)
  • RANK near The Rep. Co. Pens. Pl. for Ees Rep. by the Springfield News
  • PHOTO ind #11548

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 California →

Pension Plan Basic American Foods in the asset neighbourhood

Homeland Pension Plan$19MSt. Johnland Retirement Income PlanSt. Johnland Retirement Inco…$19MArcelormittal Sales & Administration LLC Main Pension PlanArcelormittal Sales & Admini…$19MPension Plan Basic American FoodsPension Plan Basic American …$19MThe Rep. Co. Pens. Pl. for Ees Rep. by the Springfield NewsThe Rep. Co. Pens. Pl. for E…$19M
End-of-year total assets ($M) among Pension Plan Basic American Foods and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

California filing particulars

Total Assets (Beginning of Year)$19M
Net Assets (End of Year)$19M
Net Income$451K
Employer EIN941318402
Plan Effective Date1974-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Basic American, Inc.)

Sponsor-wide plan assets over time

All Basic American, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$171M 5.770665294069808% vs 2022
2024 filing year
$160M$165M$170M$175M$180M 202220232024 $162M $171M ▲ +5.8%
Year Plans Participants Total Assets
2022 2 1,366 $162M
2023 2 1,075 $174M
2024 2 951 $171M

Nearby Defined Benefit (Pension) Plans in California

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

Pension Plan Basic American Foods vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants Pension Plan Basic American Foods, Total assets ($B): 0.019329967 · Participants: 130Pension Plan Basic American FoodsKaiser Permanente Retirement Plan, Total assets ($B): 33.538817099 · Participants: 127356Kaiser Permanente Retirement PlanPacific Gas and Electric Company Retirement Plan, Total assets ($B): 21.40954351 · Participants: 22914Pacific Gas and Electric Company Retirement PlanPacific Gas and Electric Company Retirement Plan, Total assets ($B): 17.980531142 · Participants: 25647Pacific Gas and Electric Company Retirement PlanRetirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc., Total assets ($B): 10.814691143 · Participants: 19545Retirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc.Disney Salaried Pension Plan D, Total assets ($B): 10.057095066 · Participants: 10813Disney Salaried Pension Plan D
Pension Plan Basic American Foods vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants
Compare Pension Plan Basic American Foods side-by-side with 3 peers →

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

Outside California, the nearest Defined Benefit (Pension) by assets is The Rep. Co. Pens. Pl. for Ees Rep. by the Springfield News in MA ($19M); by covered participants it is IBEW Local 840 Pension Fund in NY (130 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (130 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 Pension Plan Basic American Foods assets move in 2023? ▼
Pension Plan Basic American Foods edged up modestly - up 2.4% during 2023, from $19M to $19M. Reported net income was $451K.
How have Basic American, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Basic American, Inc.'s sponsor-wide assets grew 5.8%, from $162M to $171M.
Which Defined Benefit (Pension) plans are similar in size to Pension Plan Basic American Foods? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is The Rep. Co. Pens. Pl. for Ees Rep. by the Springfield News in MA ($19M, 23 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Pension Plan Basic American Foods? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is IBEW Local 840 Pension Fund in NY (130 participants, $29M 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 941318402.

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.