Defined Benefit (Pension) · DOL Form 5500 · 2023

Barnes Group Inc. Pension Plan

Data updated 2026-08-25

$6M
Total assets Small plan by assets
N/A
Participants Small participant base
46th
Percentile by assets National rank
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Official DOL plan name: Kar Products Retirement Income Plan · Sponsored by Barnes Group Inc. · Connecticut · Manufacturing

$6M in assets, N/A participants

Barnes Group Inc.'s Kar Products Retirement Income Plan reported $6M in total assets and N/A participants in its 2023 DOL Form 5500 filing, ranking in the 46th 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.

  • #5,619 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 Kar Products Retirement Income Plan at $6M / N/A participants.

#5,619
in Manufacturing (18,722 peers)
-2.5%
assets change YoY

The plan reported a net loss of $145K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Kar Products Retirement Income Plan's mid-pack asset rank among Manufacturing and all filers

Kar Products Retirement Income Plan vs every filed plan by assets

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

$5,614,890 46th percentile higher than 46% 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

Filed plans by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Kar Products Retirement Income Plan reported net income rose from -$3M in the plan year 2022 filing to -$145K in the plan year 2023 filing.
  • Kar Products Retirement Income Plan end-of-year assets fell from $6M in the plan year 2022 filing to $6M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

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

Kar Products Retirement Income Plan · $6M · N/A · 46th

  • EOY $6M
  • EOY N/A
  • EOY 46th
  • EOY Defined Benefit (Pension)
  • EOY near Hz II LLC Cash Balance Pension Plan
  • EOY ind #5619

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 →

Kar Products Retirement Income Plan in the asset neighbourhood

Kar Products Retirement Income PlanKar Products Retirement Inco…$6MHz II LLC Cash Balance Pension PlanHz II LLC Cash Balance Pensi…$6MSbera Pension Plan as Adopted by Millbury National Bank (Cash Balance Plan Conversion)Sbera Pension Plan as Adopte…$6MPennsylvania Horticultural Society Employees' Retirement PlanPennsylvania Horticultural S…$6MEmployer Defined Benefit Plan of Inwood HouseEmployer Defined Benefit Pla…$6M
End-of-year total assets ($M) among Kar Products Retirement Income Plan 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)$6M
Net Assets (End of Year)$6M
Net Income-$145K
Employer EIN060247840
Plan Effective Date1964-05-01
Filing StatusFILING RECEIVED

Nearby Defined Benefit (Pension) Plans in Connecticut

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

Kar Products Retirement Income Plan vs. nearby Defined Benefit (Pension) plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -1001020304050 Total assets ($B) Participants Kar Products Retirement Income Plan, Total assets ($B): 0.00561489 · Participants: 0Kar Products Retirement Income PlanRtx 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
Kar Products Retirement Income Plan vs. nearby Defined Benefit (Pension) plans in Connecticut, assets vs. participants
Compare Kar Products Retirement Income Plan side-by-side with 3 peers →

Kar Products Retirement Income Plan's closest out-of-state Defined Benefit (Pension) peers by assets

Outside Connecticut, the nearest Defined Benefit (Pension) by end-of-year assets is Hz II LLC Cash Balance Pension Plan in CA at $6M (this filing: $6M).

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 Kar Products Retirement Income Plan assets move in 2023? ▼
Kar Products Retirement Income Plan edged down modestly - down 2.5% during 2023, from $6M to $6M. Reported net income was -$145K.
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 Kar Products Retirement Income Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Hz II LLC Cash Balance Pension Plan in CA ($6M, 31 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 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.