Defined Benefit (Pension) · DOL Form 5500 · 2023

Velcro USA Inc. Pension Plan

Data updated 2026-08-25

$56M
Total assets Below avg plan size
196
Participants Below avg headcount
87th
Percentile by assets National rank
$288,262
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Velcro Pension Plan · Sponsored by Velcro USA Inc. · New Hampshire · Manufacturing

$56M in assets, 196 participants

Velcro USA Inc.'s Velcro Pension Plan reported $56M in total assets and 196 participants in its 2023 DOL Form 5500 filing, ranking in the 87th 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.

  • #15,114 in Manufacturing (18,722 peers)

Where Velcro Pension Plan sits by assets

Velcro Pension Plan sits in the top quartile of all filed plans by assets, $56M for 196 participants (~$288,262/participant), up 1.9% in 2023.

#15,114
in Manufacturing (18,722 peers)
+1.9%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Velcro Pension Plan's outsized position by total assets

Velcro Pension Plan vs every filed plan by assets

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

$56,499,316 Top 13% higher than 87% 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

Velcro 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. Velcro Pension Plan sits mid-pack in the medium band (196 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Velcro Pension Plan reported net income rose from -$20M in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Velcro Pension Plan reported participants fell from 224 in the plan year 2022 filing to 196 in the plan year 2023 filing.
  • Velcro Pension Plan end-of-year assets rose from $55M in the plan year 2022 filing to $56M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 132597668 · Velcro USA Inc. PY 2023 · Defined Benefit (Pension)

Velcro Pension Plan · $56M · 196 · 87th

  • 5500 $56M
  • 5500 196
  • 5500 87th
  • 5500 Defined Benefit (Pension)
  • 5500 near Hapo Community Credit Union Cash Balance Defined Benefit Plan and Trust
  • 5500 ind #15114

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 New Hampshire →

Velcro Pension Plan in the asset neighbourhood

Sheet Metal Workers Local 218(s) Pension PlanSheet Metal Workers Local 21…$57MMarine Carpenters Pension FundMarine Carpenters Pension Fu…$57MVelcro Pension Plan$56MHapo Community Credit Union Cash Balance Defined Benefit Plan and TrustHapo Community Credit Union …$56MThe Talbots, Inc. Pension PlanThe Talbots, Inc. Pension Pl…$56M
End-of-year total assets ($M) among Velcro Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$55M
Net Assets (End of Year)$56M
Net Income$1M
Employer EIN132597668
Plan Effective Date1965-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Velcro USA Inc.)

Sponsor-wide plan assets over time

All Velcro USA Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$161M 10.779719721933747% vs 2022
2024 filing year
$140M$145M$150M$155M$160M$165M 202220232024 $146M $161M ▲ +10.8%
Year Plans Participants Total Assets
2022 2 926 $146M
2023 2 905 $154M
2024 2 826 $161M

Nearby Defined Benefit (Pension) Plans in New Hampshire

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

Velcro Pension Plan vs. nearby Defined Benefit (Pension) plans in New Hampshire, assets vs. participants Scatter plot of 6 data points. 01000200030004000 0200400600800 Total assets ($M) Participants Velcro Pension Plan, Total assets ($M): 56.499316 · Participants: 196Velcro Pension PlanPension Plan for Employees of Dartmouth-Hitchcock, Total assets ($M): 625.683263 · Participants: 1514Pension Plan for Employees of Dartmouth-HitchcockRetirement Plan for Employees of Concord Hospital, Total assets ($M): 379.810141 · Participants: 3425Retirement Plan for Employees of Concord HospitalElliot Health System Pension Plan, Total assets ($M): 277.808703 · Participants: 520Elliot Health System Pension PlanCatholic Medical Center Pension Plan, Total assets ($M): 221.250544 · Participants: 397Catholic Medical Center Pension PlanOsram Sylvania Pension Plan, Total assets ($M): 220.988013 · Participants: 275Osram Sylvania Pension Plan
Velcro Pension Plan vs. nearby Defined Benefit (Pension) plans in New Hampshire, assets vs. participants
Compare Velcro Pension Plan side-by-side with 3 peers →

Velcro Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New Hampshire, the nearest Defined Benefit (Pension) by assets is Hapo Community Credit Union Cash Balance Defined Benefit Plan and Trust in WA ($56M); by covered participants it is Moore & Van Allen Pension Plan in NC (196 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (196 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 Velcro Pension Plan assets move in 2023? ▼
Velcro Pension Plan edged up modestly - up 1.9% during 2023, from $55M to $56M. Reported net income was $1M.
How have Velcro USA Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Velcro USA Inc.'s sponsor-wide assets grew 10.8%, from $146M to $161M.
Where does Velcro Pension Plan rank by assets among Form 5500 filers? ▼
Velcro Pension Plan ranks in the 87th 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 Velcro Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Hapo Community Credit Union Cash Balance Defined Benefit Plan and Trust in WA ($56M, 441 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Velcro Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Moore & Van Allen Pension Plan in NC (196 participants, $50M in assets).

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 132597668.

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.