Defined Benefit (Pension) · DOL Form 5500 · 2023

Barnes Group Inc. Pension Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
22
Participants Small participant base
43rd
Percentile by assets National rank
$209,864
Avg per participant Above avg balance/head
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Official DOL plan name: Barnes Group Inc. Pension Plan for Hourly Rate Employees - Milwaukee Division · Sponsored by Barnes Group Inc. · Connecticut · Manufacturing

$5M in assets, 22 participants

Barnes Group Inc.'s Barnes Group Inc. Pension Plan for Hourly Rate Employees - Milwaukee Division reported $5M in total assets and 22 participants in its 2023 DOL Form 5500 filing, ranking in the 43rd 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.

  • #4,877 in Manufacturing (18,722 peers)

Barnes Group Inc. multi-year trail

Barnes Group Inc.'s plans moved -51.4% in assets from 2022 to 2024; this filing shows Barnes Group Inc. Pension Plan for Hourly Rate Employees - Milwaukee Division at $5M / 22 participants.

#4,877
in Manufacturing (18,722 peers)
+14.0%
assets growth YoY

Barnes Group Inc. Pension Plan for Hourly Rate Employees - Milwaukee Division's mid-pack asset rank among Manufacturing and all filers

Barnes Group Inc. Pension Plan for Hourly Rate Employees - Milwaukee Division vs every filed plan by assets

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

$4,617,004 43rd percentile higher than 43% 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

Barnes Group Inc. Pension Plan for Hourly Rate Employees - Milwaukee Division among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Barnes Group Inc. Pension Plan for Hourly Rate Employees - Milwaukee Division is a small filing (22 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Barnes Group Inc. Pension Plan for Hourly Rate Employees - Milwaukee Division reported net income rose from -$2M in the plan year 2022 filing to $569K in the plan year 2023 filing.
  • Barnes Group Inc. Pension Plan for Hourly Rate Employees - Milwaukee Division reported participants fell from 27 in the plan year 2022 filing to 22 in the plan year 2023 filing.
  • Barnes Group Inc. Pension Plan for Hourly Rate Employees - Milwaukee Division end-of-year assets rose from $4M in the plan year 2022 filing to $5M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 060247840 · Barnes Group Inc. PY 2023 · Defined Benefit (Pension)

Barnes Group Inc. Pension Plan for Hourly Rate Employees - Milwaukee Division · $5M · 22 · 43rd

  • ASSETS $5M
  • PCT 22
  • EIN 43rd
  • RANK Defined Benefit (Pension)
  • PHOTO near Romeo Rim, Inc. Retirement Plan
  • IND ind #4877

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 Connecticut →

Barnes Group Inc. Pension Plan for Hourly Rate Employees - Milwaukee Division in the asset neighbourhood

Equity Cooperative Livestock Sales Assoc Employees Retirement PlanEquity Cooperative Livestock…$5MThe Mckeogh Company Employees Pension PlanThe Mckeogh Company Employee…$5MBarnes Group Inc. Pension Plan for Hourly Rate Employees - Milwaukee DivisionBarnes Group Inc. Pension Pl…$5MRomeo Rim, Inc. Retirement PlanRomeo Rim, Inc. Retirement P…$5MI.a. Khan, M.D., Inc. Defined Benefit Pension PlanI.a. Khan, M.D., Inc. Define…$5M
End-of-year total assets ($M) among Barnes Group Inc. Pension Plan for Hourly Rate Employees - Milwaukee Division and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Barnes Group Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Barnes Group Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$300M 51.41966266463092% vs 2022
2024 filing year
$200M$400M$600M$800M 202220232024 $618M $300M ▼ -51.4%
Year Plans Participants Total Assets
2022 7 2,050 $618M
2023 7 2,261 $652M
2024 5 237 $300M

Barnes Group Inc. filing trail (2023)

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$5M
Net Income$569K
Employer EIN060247840
Plan Effective Date1951-07-01
Filing StatusFILING RECEIVED

Nearby Defined Benefit (Pension) Plans in Connecticut

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

Barnes Group Inc. Pension Plan for Hourly Rate Employees - Milwaukee Division vs. nearby Defined Benefit (Pension) plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -1001020304050 Total assets ($B) Participants Barnes Group Inc. Pension Plan for Hourly Rate Employees - Milwaukee Division, Total assets ($B): 0.004617004 · Participants: 22Barnes Group Inc. Pension Plan for Hourly Rate Employees - Milwaukee DivisionRtx Consolidated Pension Plan, Total assets ($B): 43.752088232 · Participants: 23823Rtx Consolidated Pension PlanThe Citigroup Pension Plan, Total assets ($B): 10.610367002 · Participants: 17283The Citigroup Pension PlanEversource Pension Plan, Total assets ($B): 5.8761342 · Participants: 3717Eversource Pension PlanRetirement Plan for Employees of Aetna Inc., Total assets ($B): 5.40003759 · Participants: 10546Retirement Plan for Employees of Aetna Inc.The Hartford Retirement Plan for U.S. Employees, Total assets ($B): 3.580099386 · Participants: 7529The Hartford Retirement Plan for U.S. Employees
Barnes Group Inc. Pension Plan for Hourly Rate Employees - Milwaukee Division vs. nearby Defined Benefit (Pension) plans in Connecticut, assets vs. participants
Compare Barnes Group Inc. Pension Plan for Hourly Rate Employees - Milwaukee Division side-by-side with 3 peers →

Barnes Group Inc. Pension Plan for Hourly Rate Employees - Milwaukee Division's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Connecticut, the nearest Defined Benefit (Pension) by assets is Romeo Rim, Inc. Retirement Plan in MI ($5M); by covered participants it is Tri-County Eye Institute, Inc. Defined Benefit Pension Plan in CA (22 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (22 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 Barnes Group Inc. Pension Plan for Hourly Rate Employees - Milwaukee Division assets move in 2023? ▼
Barnes Group Inc. Pension Plan for Hourly Rate Employees - Milwaukee Division grew at a solid clip - up 14.0% during 2023, from $4M to $5M. Reported net income was $569K.
How have Barnes Group Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Barnes Group Inc.'s sponsor-wide assets declined 51.4%, from $618M to $300M.
Which Defined Benefit (Pension) plans are similar in size to Barnes Group Inc. Pension Plan for Hourly Rate Employees - Milwaukee Division? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Romeo Rim, Inc. Retirement Plan in MI ($5M, 31 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Barnes Group Inc. Pension Plan for Hourly Rate Employees - Milwaukee Division? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Tri-County Eye Institute, Inc. Defined Benefit Pension Plan in CA (22 participants, N/A 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 060247840.

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.