Defined Benefit (Pension) Ā· DOL Form 5500 Ā· 2023

American Chemet Corporation Retirement Income Plan

Data updated 2026-05-15

$16M
Total assets
51
Participants
68th
Percentile by assets
$315,598
Avg per participant

Sponsored by American Chemet Corporation Ā· Montana Ā· Manufacturing

What the 2023 filing shows

American Chemet Corporation Retirement Income Plan holds $16M for 51 participants - about $315,598 per participant, above the median plan by assets, down 1.1% over the 2023 plan year.

$16M
total plan assets (2023 EOY)
51
covered participants
68th
percentile by assets (of 126,618 plans)
$315,598
avg assets per participant
State
Industry
Manufacturing

Defined Benefit (Pension) Ā· DOL Form 5500 Ā· 2023

What the Filing Says About American Chemet Corporation Retirement Income Plan

American Chemet Corporation Retirement Income Plan is a Defined Benefit (Pension) retirement plan sponsored by American Chemet Corporation, headquartered in Montana. According to the U.S. Department of Labor's 2023 Form 5500 filing, the plan reports $16M in total end-of-year assets and covers 51 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 362057681, and the plan has been effective since 1974-07-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets edged down modestly from $16M at the beginning of 2023 to $16M at year-end - down 1.1%. Net assets (after liabilities) closed the year at $16M, with reported net income of $2M 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.

Across the 3 plan years American Chemet Corporation has on file with PlainRetire (2022-2024), sponsor-wide plan assets have moved from $38M to $42M, a gain of 12.6%, while reported participants moved from 265 to 268 (+1.1%). The strongest year on file by total sponsor assets was 2024 at $42M; the softest was 2022 at $38M. Year-by-year, sponsor-wide filings show: 2022 - $38M in assets across 2 plans covering 265 participants; 2023 - $40M in assets across 2 plans covering 278 participants; 2024 - $42M in assets across 2 plans covering 268 participants.

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.

How the percentile is calculated: we count every plan that filed a 2023 Form 5500 with a reported end-of-year asset figure (126,618 plans), rank American Chemet Corporation Retirement Income Plan against all of them by total assets, and report the share of those plans it outranks. A plan reporting no asset figure for the year is excluded from the ranking rather than assumed to be zero.

Financial Summary (2023)

Total Assets (Beginning of Year)$16M
Total Assets (End of Year)$16M
Net Assets (End of Year)$16M
Net Income$2M
Plan TypeDefined Benefit (Pension)
Employer EIN362057681
Plan Effective Date1974-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (American Chemet Corporation)

Year Plans Participants Total Assets
2022 2 265 $38M
2023 2 278 $40M
2024 2 268 $42M

Nearby Defined Benefit (Pension) Plans in Montana

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

Frequently Asked Questions

How much money is in the American Chemet Corporation Retirement Income Plan?
As of the 2023 Form 5500 filing, American Chemet Corporation Retirement Income Plan holds $16M in total assets with 51 participants. It is sponsored by American Chemet Corporation.
What type of plan is American Chemet Corporation Retirement Income Plan?
American Chemet Corporation Retirement Income Plan is a Defined Benefit (Pension) plan. It has been effective since 1974-07-01. The plan is filed with the U.S. Department of Labor under EIN 362057681.
Who sponsors the American Chemet Corporation Retirement Income Plan?
American Chemet Corporation Retirement Income Plan is sponsored by American Chemet Corporation, located in Montana. The sponsor's EIN is 362057681 and the plan operates in the Manufacturing industry.
How did American Chemet Corporation Retirement Income Plan perform in 2023?
American Chemet Corporation Retirement Income Plan edged down modestly - down 1.1% during 2023, moving from $16M to $16M in total assets. Net income was $2M.

What this filing means

Ways to act on American Chemet Corporation Retirement Income Plan's numbers.

  • By total assets, American Chemet Corporation Retirement Income Plan ranks above the median plan by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Montana. Compare plans
  • American Chemet Corporation's sponsor-wide assets have grown 12.6% since 2022 across 3 plan years on file. More Manufacturing plans
  • A Defined Benefit (Pension) plan works differently from other retirement plan types, understand the structural differences before comparing. Compare plan types

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 362057681.

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 U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.

Every figure on PlainRetire is rendered directly from the Department of Labor's Form 5500 annual return filings, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-05-15.