Defined Benefit (Pension) · DOL Form 5500 · 2023

Crounse Corporation Pension Plan

Data updated 2026-08-25

$33M
Total assets Below avg plan size
253
Participants Below avg headcount
81st
Percentile by assets National rank
$130,580
Avg per participant Near avg balance/head
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Official DOL plan name: Crounse Corporation Marine & Maintenance Employees' Pension Plan · Sponsored by Crounse Corporation · Kentucky · Transportation & Warehousing

$33M in assets, 253 participants

Crounse Corporation's Crounse Corporation Marine & Maintenance Employees' Pension Plan reported $33M in total assets and 253 participants in its 2023 DOL Form 5500 filing, ranking in the 81st 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.

  • #2,664 in Transportation & Warehousing (3,362 peers)

Coverage in Kentucky

Crounse Corporation Marine & Maintenance Employees' Pension Plan covers 253 participants in Kentucky, about 39% of the average Kentucky filer (state average ~647 per filing). Assets: $33M.

#2,664
in Transportation & Warehousing (3,362 peers)
+15.9%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Crounse Corporation Marine & Maintenance Employees' Pension Plan's outsized position by total assets

Crounse Corporation Marine & Maintenance Employees' Pension Plan vs every filed plan by assets

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

$33,036,866 Top 19% higher than 81% 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

Crounse Corporation Marine & Maintenance Employees' 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. Crounse Corporation Marine & Maintenance Employees' Pension Plan sits mid-pack in the medium band (253 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Crounse Corporation Marine & Maintenance Employees' Pension Plan reported net income rose from -$7M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Crounse Corporation Marine & Maintenance Employees' Pension Plan end-of-year assets rose from $29M in the plan year 2022 filing to $33M in the plan year 2023 filing.
  • Crounse Corporation Marine & Maintenance Employees' Pension Plan reported participants rose from 244 in the plan year 2022 filing to 253 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 610426923 · Crounse Corporation PY 2023 · Defined Benefit (Pension)

Crounse Corporation Marine & Maintenance Employees' Pension Plan · $33M · 253 · 81st

  • 5500 $33M
  • 5500 253
  • 5500 81st
  • 5500 Defined Benefit (Pension)
  • 5500 near Carpenters Local Union No. 345 Pension Fund
  • 5500 ind #2664

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 Transportation & Warehousing retirement plans → · Plans in Kentucky →

Crounse Corporation Marine & Maintenance Employees' Pension Plan in the asset neighbourhood

Nidec Retirement Plan$33MCrounse Corporation Marine & Maintenance Employees' Pension PlanCrounse Corporation Marine &…$33MCarpenters Local Union No. 345 Pension FundCarpenters Local Union No. 3…$33MAllen & Overy LLP Cash Balance Pension PlanAllen & Overy LLP Cash Balan…$33MNational Cement Company Salaried Employees Retirement PlanNational Cement Company Sala…$33M
End-of-year total assets ($M) among Crounse Corporation Marine & Maintenance Employees' Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Kentucky filing particulars

Total Assets (Beginning of Year)$29M
Net Assets (End of Year)$33M
Net Income$5M
Employer EIN610426923
Plan Effective Date1958-11-16
Filing StatusFILING RECEIVED

Sponsor Plan History (Crounse Corporation)

Sponsor-wide plan assets over time

All Crounse Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$83M 28.387916961004557% vs 2022
2024 filing year
$60M$70M$80M$90M 202220232024 $64.8M $83.2M ▲ +28.4%
Year Plans Participants Total Assets
2022 2 520 $65M
2023 2 538 $75M
2024 2 583 $83M

Nearby Defined Benefit (Pension) Plans in Kentucky

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

Crounse Corporation Marine & Maintenance Employees' Pension Plan vs. nearby Defined Benefit (Pension) plans in Kentucky, assets vs. participants Scatter plot of 6 data points. -1000010002000300040005000 -0.500.511.5 Total assets ($B) Participants Crounse Corporation Marine & Maintenance Employees' Pension Plan, Total assets ($B): 0.033036866 · Participants: 253Crounse Corporation Marine & Maintenance Employees' Pension PlanLg&e and Ku Pension Plan, Total assets ($B): 1.112165749 · Participants: 833Lg&e and Ku Pension PlanAshland Hercules Pension Plan, Total assets ($B): 0.984309 · Participants: 70Ashland Hercules Pension PlanYum Brands Retirement Plan, Total assets ($B): 0.734224 · Participants: 3834Yum Brands Retirement PlanBrown-Forman Corporation Salaried Employees Retirement Plan, Total assets ($B): 0.499207588 · Participants: 1160Brown-Forman Corporation Salaried Employees Retirement PlanAshland Hercules Pension Plan II, Total assets ($B): 0.468812 · Participants: 57Ashland Hercules Pension Plan II
Crounse Corporation Marine & Maintenance Employees' Pension Plan vs. nearby Defined Benefit (Pension) plans in Kentucky, assets vs. participants

Crounse Corporation Marine & Maintenance Employees' Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Kentucky, the nearest Defined Benefit (Pension) by assets is Carpenters Local Union No. 345 Pension Fund in TN ($33M); by covered participants it is Pension Plan for Employees of North Star Mutual Insurance Company in MN (253 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (253 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 Crounse Corporation Marine & Maintenance Employees' Pension Plan assets move in 2023?
Crounse Corporation Marine & Maintenance Employees' Pension Plan grew sharply - up 15.9% during 2023, from $29M to $33M. Reported net income was $5M.
How have Crounse Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Crounse Corporation's sponsor-wide assets grew 28.4%, from $65M to $83M.
Where does Crounse Corporation Marine & Maintenance Employees' Pension Plan rank by assets among Form 5500 filers?
Crounse Corporation Marine & Maintenance Employees' Pension Plan ranks in the 81st percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Crounse Corporation Marine & Maintenance Employees' Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Carpenters Local Union No. 345 Pension Fund in TN ($33M, 187 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Crounse Corporation Marine & Maintenance Employees' Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Pension Plan for Employees of North Star Mutual Insurance Company in MN (253 participants, $61M in assets).