Defined Benefit (Pension) · DOL Form 5500 · 2023

Cumberland Securities, Inc. Pension Plan

Data updated 2026-08-11

$6M
Total assets
6
Participants
48th
Percentile by assets
$1.0M
Avg per participant
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Official DOL plan name: Cumberland Securities, Inc. Defined Benefit Pension Plan · Sponsored by Cumberland Securities, Inc. · Tennessee · Finance & Insurance

$6M in assets, 6 participants

Cumberland Securities, Inc.'s Cumberland Securities, Inc. Defined Benefit Pension Plan reported $6M in total assets and 6 participants in its 2023 DOL Form 5500 filing, ranking in the 48th 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.

  • 48th percentile by assets (of 127,072 plans)
  • #3,046 in Finance & Insurance (8,869 peers)

Cumberland Securities, Inc. multi-year trail

Cumberland Securities, Inc.'s plans moved -12.2% in assets from 2022 to 2024; this filing shows Cumberland Securities, Inc. Defined Benefit Pension Plan at $6M / 6 participants.

$6M
total plan assets (2023 EOY)
6
covered participants
48th
percentile by assets (of 127,072 plans)
$1.0M
avg assets per participant

The plan reported a net loss of $293K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Cumberland Securities, Inc. Defined Benefit Pension Plan sits by total assets

Cumberland Securities, Inc. Defined Benefit Pension Plan vs every filed plan by assets

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

$6,008,878 48th percentile higher than 48% 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

  • Cumberland Securities, Inc. Defined Benefit Pension Plan reported net income fell from $284K in the plan year 2022 filing to -$293K in the plan year 2023 filing.
  • Cumberland Securities, Inc. Defined Benefit Pension Plan end-of-year assets fell from $6M in the plan year 2022 filing to $6M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Tennessee
Industry
Finance & Insurance

Cumberland Securities, Inc. across 3 plan years on file

Across the 3 plan years Cumberland Securities, Inc. has on file (2022-2024), sponsor-wide plan assets have moved from $6M to $6M, a decline of 12.2%, while reported participants moved from 6 to 6 (+0.0%). Peak year by sponsor assets: 2022 ($6M); trough: 2024 ($6M).

Cumberland Securities, Inc. multi-year asset trail

$5M$5.5M$6M$6.5M 202220232024 $6.3M $5.53M ▼ -12.2%
Total plan assets by year, all Cumberland Securities, Inc. plans on file
Year Plans Participants Total Assets
2022 1 6 $6M
2023 1 6 $6M
2024 1 6 $6M

Cumberland Securities, Inc. filing trail (2023)

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$6M
Net Income-$293K
Employer EIN453047907
Plan Effective Date2012-05-01
Filing StatusFILING RECEIVED

Nearby Defined Benefit (Pension) Plans in Tennessee

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

Cumberland Securities, Inc. Defined Benefit Pension Plan vs. nearby Defined Benefit (Pension) plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -100102030 Total assets ($B) Participants Cumberland Securitie…, Total assets ($B): 0.006008878 · Participants: 6Cumberland Securitie…Fedex Corporation Em…, Total assets ($B): 26.580798454 · Participants: 139031Fedex Corporation Em…Retirement Plan of I…, Total assets ($B): 8.836549756 · Participants: 20164Retirement Plan of I…Pace Industry Union-…, Total assets ($B): 2.707920528 · Participants: 3192Pace Industry Union-…Pension Plan for Emp…, Total assets ($B): 2.456364769 · Participants: 5801Pension Plan for Emp…Retirement Program P…, Total assets ($B): 2.074583545 · Participants: 2710Retirement Program P…
Cumberland Securities, Inc. Defined Benefit Pension Plan vs. nearby Defined Benefit (Pension) plans in Tennessee, assets vs. participants
Compare Cumberland Securities, Inc. Defined Bene… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Cumberland Securities, Inc. Defined Benefit Pension Plan by total assets, not by location.

Frequently Asked Questions

How did Cumberland Securities, Inc. Defined Benefit Pension Plan assets move in 2023? ▼
Cumberland Securities, Inc. Defined Benefit Pension Plan edged down modestly - down 4.6% during 2023, from $6M to $6M. Reported net income was -$293K.
How have Cumberland Securities, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Cumberland Securities, Inc.'s sponsor-wide assets declined 12.2%, from $6M to $6M.
Which Defined Benefit (Pension) plans are similar in size to Cumberland Securities, Inc. Defined Benefit Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Retirement Plan of the Association of the Bar of the City of New York in NY ($6M, 19 participants).

Next read for Cumberland Securities, Inc. Defined Bene…

Multi-year trail

Ways to act on Cumberland Securities, Inc. Defined Benefit Pension Plan's numbers.

  • By total assets, Cumberland Securities, Inc. Defined Benefit Pension Plan ranks in the lower half of filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Tennessee. Compare plans
  • Cumberland Securities, Inc.'s sponsor-wide assets have declined 12.2% since 2022 across 3 plan years on file. More Finance & Insurance 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 453047907.

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.