Defined Benefit (Pension)
2023 plan-year Defined Benefit (Pension) DOL Form 5500

TRIANGLE WIRE & CABLE, INC. PENSION PLAN FOR HOURLY EMPLOYEES

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

OCEAN VIEW CAPITAL, INC.

This Defined Benefit (Pension) plan holds $10M in total assets and serves N/A participants as of 2023. It is sponsored by OCEAN VIEW CAPITAL, INC. in New York. The plan reported positive net income of $21K for the year.

Total Assets (2023)
$10M
Participants
N/A
State
Industry
Management of Enterprises

What the Filing Says About TRIANGLE WIRE & CABLE, INC. PENSION PLAN FOR HOURLY EMPLOYEES

TRIANGLE WIRE & CABLE, INC. PENSION PLAN FOR HOURLY EMPLOYEES is a Defined Benefit (Pension) retirement plan sponsored by OCEAN VIEW CAPITAL, INC., headquartered in New York. As of the 2023 Form 5500 filing, the plan reports $10M in total end-of-year assets and covers N/A participants across the Management of Enterprises industry. The sponsor's EIN on file with the U.S. Department of Labor is 221727582, and the plan has been effective since 1959-05-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $10M at the beginning of 2023 to $10M at year-end — a gain of 0.2%. Net assets (after liabilities) closed the year at $10M, with reported net income of $21K driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$10M
Total Assets (End of Year)$10M
Net Assets (End of Year)$10M
Net Income$21K
Plan TypeDefined Benefit (Pension)
Employer EIN221727582
Plan Effective Date1959-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (OCEAN VIEW CAPITAL, INC.)

Year Plans Participants Total Assets
2022 1 N/A $10M
2023 1 N/A $10M
2024 1 N/A $9M

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Frequently Asked Questions

How much money is in the TRIANGLE WIRE & CABLE, INC. PENSION PLAN FOR HOURLY EMPLOYEES?
As of the 2023 Form 5500 filing, TRIANGLE WIRE & CABLE, INC. PENSION PLAN FOR HOURLY EMPLOYEES holds $10M in total assets with N/A participants. It is sponsored by OCEAN VIEW CAPITAL, INC..
What type of plan is TRIANGLE WIRE & CABLE, INC. PENSION PLAN FOR HOURLY EMPLOYEES?
TRIANGLE WIRE & CABLE, INC. PENSION PLAN FOR HOURLY EMPLOYEES is a Defined Benefit (Pension) plan. It has been effective since 1959-05-01. The plan is filed with the U.S. Department of Labor under EIN 221727582.
Who sponsors the TRIANGLE WIRE & CABLE, INC. PENSION PLAN FOR HOURLY EMPLOYEES?
TRIANGLE WIRE & CABLE, INC. PENSION PLAN FOR HOURLY EMPLOYEES is sponsored by OCEAN VIEW CAPITAL, INC., located in New York. The sponsor's EIN is 221727582 and the plan operates in the Management of Enterprises industry.
How did TRIANGLE WIRE & CABLE, INC. PENSION PLAN FOR HOURLY EMPLOYEES perform in 2023?
TRIANGLE WIRE & CABLE, INC. PENSION PLAN FOR HOURLY EMPLOYEES grew by 0.2% during 2023, moving from $10M to $10M in total assets. Net income was $21K.
Where can I find official filings for TRIANGLE WIRE & CABLE, INC. PENSION PLAN FOR HOURLY EMPLOYEES?
Official Form 5500 filings for TRIANGLE WIRE & CABLE, INC. PENSION PLAN FOR HOURLY EMPLOYEES are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 221727582 or plan name at efast.dol.gov.
How does TRIANGLE WIRE & CABLE, INC. PENSION PLAN FOR HOURLY EMPLOYEES compare to other plans?
You can compare TRIANGLE WIRE & CABLE, INC. PENSION PLAN FOR HOURLY EMPLOYEES against other Defined Benefit (Pension) plans on the plan type page, or view plans in New York on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 221727582.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.