Defined Benefit (Pension) · DOL Form 5500 · 2023

Hubbell Inc. & Subsidiaries Pension Plan

Data updated 2026-08-11

$138M
Total assets: 694
Participants: 93rd
Percentile by assets: $198,887
Avg per participant

Official DOL plan name: Hubbell Pension Plan F/K/a Hubbell Inc. for Collectively Bargained Hourly Employees · Sponsored by Hubbell Inc. & Subsidiaries · Connecticut · Manufacturing

$138M in assets, 694 participants

Hubbell Inc. & Subsidiaries's Hubbell Pension Plan F/K/a Hubbell Inc. for Collectively Bargained Hourly Employees reported $138M in total assets and 694 participants in its 2023 DOL Form 5500 filing, ranking in the 93rd 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.

93rd percentile by assets (of 127,072 plans)
#16,752 in Manufacturing (18,722 peers)

Where Hubbell Pension Plan F/K/a Hubbell Inc. for Collectively Bargained Hourly Employees sits by assets

Hubbell Pension Plan F/K/a Hubbell Inc. for Collectively Bargained Hourly Employees sits in the top 10% of all filed plans by assets, $138M for 694 participants (~$198,887/participant), up 3.5% in 2023.

$138M
total plan assets (2023 EOY): 694
covered participants: 93rd
percentile by assets (of 127,072 plans): $198,887
avg assets per participant

Hubbell Pension Plan F/K/a Hubbell Inc. for Collectively Bargained Hourly Employees reported net income rose from -$47M in the plan year 2022 filing to $5M in the plan year 2023 filing.
Hubbell Pension Plan F/K/a Hubbell Inc. for Collectively Bargained Hourly Employees reported participants fell from 1,021 in the plan year 2022 filing to 694 in the plan year 2023 filing.
Hubbell Pension Plan F/K/a Hubbell Inc. for Collectively Bargained Hourly Employees end-of-year assets rose from $133M in the plan year 2022 filing to $138M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Connecticut

Industry

Manufacturing

Hubbell Pension Plan F/K/a Hubbell Inc. for Collectively Bargained Hourly Employees vs the 2023 asset distribution

By assets, Hubbell Pension Plan F/K/a Hubbell Inc. for Collectively Bargained Hourly Employees outranks 93% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.4x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$133M
Net Assets (End of Year)	$138M
Net Income	$5M
Employer EIN	060397030
Plan Effective Date	1959-08-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Hubbell Inc. & Subsidiaries)

Total plan assets by year, all Hubbell Inc. & Subsidiaries plans on file

Year	Plans	Participants	Total Assets
2022	4	11,361	$1.5B
2023	4	10,580	$1.7B
2024	4	11,525	$1.7B

Nearby Defined Benefit (Pension) Plans in Connecticut

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

Hubbell Pension Plan F/K/a Hubbell Inc. for Collectively Bargained Hourly Employees vs. nearby Defined Benefit (Pension) plans in Connecticut, assets vs. participants

Rtx Consolidated Pension Plan $43.8B · 23,823
The Citigroup Pension Plan $10.6B · 17,283
Eversource Pension Plan $5.9B · 3,717
Retirement Plan for Employees of Aetna Inc. $5.4B · 10,546
The Hartford Retirement Plan for U.S. Employees $3.6B · 7,529

Compare Hubbell Pension Plan F/K/a Hubbell Inc. … side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Hubbell Pension Plan F/K/a Hubbell Inc. for Collectively Bargained Hourly Employees by total assets, not by location.

Southwire Company Hourly Pension Plan (GA) $138M · 4,370
Dresser, LLC Consolidated Salaried Retirement Plan (TX) $138M · 55
Major League Baseball Pension Plan for Non-Uniformed Personnel (PA) $138M · 497
Masterbrand, Inc. Pension Plan (OH) $138M · 679

Frequently Asked Questions

How did Hubbell Pension Plan F/K/a Hubbell Inc. for Collectively Bargained Hourly Employees assets move in 2023? ▼

Hubbell Pension Plan F/K/a Hubbell Inc. for Collectively Bargained Hourly Employees edged up modestly - up 3.5% during 2023, from $133M to $138M. Reported net income was $5M.

How have Hubbell Inc. & Subsidiaries plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Hubbell Inc. & Subsidiaries's sponsor-wide assets grew 17.4%, from $1.5B to $1.7B.

Where does Hubbell Pension Plan F/K/a Hubbell Inc. for Collectively Bargained Hourly Employees rank by assets among Form 5500 filers? ▼

Hubbell Pension Plan F/K/a Hubbell Inc. for Collectively Bargained Hourly Employees ranks in the 93rd 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 Hubbell Pension Plan F/K/a Hubbell Inc. for Collectively Bargained Hourly Employees? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Southwire Company Hourly Pension Plan in GA ($138M, 4,370 participants).

Next read for Hubbell Pension Plan F/K/a Hubbell Inc. …

Scale reading

Ways to act on Hubbell Pension Plan F/K/a Hubbell Inc. for Collectively Bargained Hourly Employees's numbers.

By total assets, Hubbell Pension Plan F/K/a Hubbell Inc. for Collectively Bargained Hourly Employees ranks in the top 10% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Connecticut. Compare plans
Hubbell Inc. & Subsidiaries's sponsor-wide assets have grown 17.4% since 2022 across 3 plan years on file. More Manufacturing plans

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 060397030.