Defined Benefit (Pension) · DOL Form 5500 · 2023

Jersey Shore Steel Company, Inc. Pension Plan

Data updated 2026-08-11

$39M
Total assets
35
Participants
83rd
Percentile by assets
$1.1M
Avg per participant
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Official DOL plan name: Pension Plan for Employees of Jersey Shore Steel Company, Inc. · Sponsored by Jersey Shore Steel Company, Inc. · Pennsylvania · Manufacturing

$39M in assets, 35 participants

Jersey Shore Steel Company, Inc.'s Pension Plan for Employees of Jersey Shore Steel Company, Inc. reported $39M in total assets and 35 participants in its 2023 DOL Form 5500 filing, ranking in the 83rd 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.

  • 83rd percentile by assets (of 127,072 plans)
  • #14,131 in Manufacturing (18,722 peers)

Where Pension Plan for Employees of Jersey Shore Steel Company, Inc. sits by assets

Pension Plan for Employees of Jersey Shore Steel Company, Inc. sits in the top quartile of all filed plans by assets, $39M for 35 participants (~$1.1M/participant), up 10.0% in 2023.

$39M
total plan assets (2023 EOY)
35
covered participants
83rd
percentile by assets (of 127,072 plans)
$1.1M
avg assets per participant

Where Pension Plan for Employees of Jersey Shore Steel Company, Inc. sits by total assets

Pension Plan for Employees of Jersey Shore Steel Company, Inc. vs every filed plan by assets

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

$39,013,631 Top 17% higher than 83% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Pension Plan for Employees of Jersey Shore Steel Company, Inc. reported net income rose from -$8M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Pension Plan for Employees of Jersey Shore Steel Company, Inc. reported participants fell from 42 in the plan year 2022 filing to 35 in the plan year 2023 filing.
  • Pension Plan for Employees of Jersey Shore Steel Company, Inc. end-of-year assets rose from $35M in the plan year 2022 filing to $39M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Pennsylvania
Industry
Manufacturing

Pension Plan for Employees of Jersey Shore Steel Company, Inc. vs the 2023 asset distribution

By assets, Pension Plan for Employees of Jersey Shore Steel Company, Inc. outranks 83% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 0.4x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$35M
Net Assets (End of Year)$39M
Net Income$4M
Employer EIN240622582
Plan Effective Date1963-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Jersey Shore Steel Company, Inc.)

$36M$38M$40M$42M$44M 202220232024 $38.1M $43.1M ▲ +13.4%
Total plan assets by year, all Jersey Shore Steel Company, Inc. plans on file
Year Plans Participants Total Assets
2022 2 128 $38M
2023 2 99 $41M
2024 2 108 $43M

Nearby Defined Benefit (Pension) Plans in Pennsylvania

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

Pension Plan for Employees of Jersey Shore Steel Company, Inc. vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Pension Plan for Emp…, Total assets ($B): 0.039013631 · Participants: 35Pension Plan for Emp…National Elevator In…, Total assets ($B): 11.224377797 · Participants: 27434National Elevator In…Steelworkers Pension…, Total assets ($B): 6.602912146 · Participants: 47052Steelworkers Pension…The PNC Financial Se…, Total assets ($B): 5.63715 · Participants: 63680The PNC Financial Se…Constellation Retire…, Total assets ($B): 5.323012123 · Participants: 5080Constellation Retire…The Bank of New York…, Total assets ($B): 5.257223708 · Participants: 7374The Bank of New York…
Pension Plan for Employees of Jersey Shore Steel Company, Inc. vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants
Compare Pension Plan for Employees of Jersey Sho… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Pension Plan for Employees of Jersey Shore Steel Company, Inc. by total assets, not by location.

Frequently Asked Questions

How did Pension Plan for Employees of Jersey Shore Steel Company, Inc. assets move in 2023? ▼
Pension Plan for Employees of Jersey Shore Steel Company, Inc. grew at a solid clip - up 10.0% during 2023, from $35M to $39M. Reported net income was $4M.
How have Jersey Shore Steel Company, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Jersey Shore Steel Company, Inc.'s sponsor-wide assets grew 13.4%, from $38M to $43M.
Where does Pension Plan for Employees of Jersey Shore Steel Company, Inc. rank by assets among Form 5500 filers? ▼
Pension Plan for Employees of Jersey Shore Steel Company, Inc. ranks in the 83rd 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 Pension Plan for Employees of Jersey Shore Steel Company, Inc.? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Roofers Local 221 Pension Trust Fund in HI ($39M, 351 participants).

Next read for Pension Plan for Employees of Jersey Sho…

Scale reading

Ways to act on Pension Plan for Employees of Jersey Shore Steel Company, Inc.'s numbers.

  • By total assets, Pension Plan for Employees of Jersey Shore Steel Company, Inc. ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Pennsylvania. Compare plans
  • Jersey Shore Steel Company, Inc.'s sponsor-wide assets have grown 13.4% 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 240622582.

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.