Defined Benefit (Pension) · DOL Form 5500 · 2022

Cardone Industries, Inc. Pension Plan

Data updated 2026-08-25

$50M
Total assets Below avg plan size
542
Participants Below avg headcount
88th
Percentile by assets National rank
$92,829
Avg per participant Below avg balance/head
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Official DOL plan name: Cardone Industries, Inc. Union Employees' Pension Plan · Sponsored by Cardone Industries, Inc. · Pennsylvania · Manufacturing

$50M in assets, 542 participants

Cardone Industries, Inc.'s Cardone Industries, Inc. Union Employees' Pension Plan reported $50M in total assets and 542 participants in its 2022 DOL Form 5500 filing, ranking in the 88th 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.

  • #16,981 in Manufacturing (20,602 peers)

Where Cardone Industries, Inc. Union Employees' Pension Plan sits by assets

Cardone Industries, Inc. Union Employees' Pension Plan sits in the top quartile of all filed plans by assets, $50M for 542 participants (~$92,829/participant), down 20.1% in 2022.

#16,981
in Manufacturing (20,602 peers)
-20.1%
assets change YoY
0.5×
vs typical plan assets (national mean)

The plan reported a net loss of $14M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Cardone Industries, Inc. Union Employees' Pension Plan's outsized position by total assets

Cardone Industries, Inc. Union Employees' Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$50,313,211 Top 12% higher than 88% of 139,123 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 2022

Cardone Industries, Inc. Union Employees' Pension Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Cardone Industries, Inc. Union Employees' Pension Plan sits mid-pack in the medium band (542 participants).

EBSA filing schedule strip

Filing strip 233000982 · Cardone Industries, Inc. PY 2022 · Defined Benefit (Pension)

Cardone Industries, Inc. Union Employees' Pension Plan · $50M · 542 · 88th

  • BOY $50M
  • SCH 542
  • EBSA 88th
  • PART Defined Benefit (Pension)
  • TYPE near Employers' - Warehousemen's Pension Trust Fund
  • NET ind #16981

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 Pennsylvania →

Cardone Industries, Inc. Union Employees' Pension Plan in the asset neighbourhood

Cambridge Bancorp Employee Retirement PlanCambridge Bancorp Employee R…$50MCardone Industries, Inc. Union Employees' Pension PlanCardone Industries, Inc. Uni…$50MEmployers' - Warehousemen's Pension Trust FundEmployers' - Warehousemen's …$50MSouthern Ct IBEW Pension Plan$50MCovia Communities Retirement Income PlanCovia Communities Retirement…$50M
End-of-year total assets ($M) among Cardone Industries, Inc. Union Employees' Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$63M
Net Assets (End of Year)$50M
Net Income-$14M
Employer EIN233000982
Plan Effective Date1982-12-10
Filing StatusFILING RECEIVED

Sponsor Plan History (Cardone Industries, Inc.)

Sponsor-wide plan assets over time

All Cardone Industries, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
N/A
2024 filing year
$0M$50M$100M$150M$200M 202220232024 $145M $0M ▼ -100.0%
Year Plans Participants Total Assets
2022 2 1,696 $145M
2023 2 1,078 $118M
2024 1 300 N/A

Nearby Defined Benefit (Pension) Plans in Pennsylvania

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

Cardone Industries, Inc. Union Employees' Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Cardone Industries, Inc. Union Employees' Pension Plan, Total assets ($B): 0.050313211 · Participants: 542Cardone Industries, Inc. Union Employees' Pension PlanNational Elevator Industry Pension Plan, Total assets ($B): 10.401485458 · Participants: 27097National Elevator Industry Pension PlanSteelworkers Pension Trust, Total assets ($B): 5.908424468 · Participants: 52395Steelworkers Pension TrustThe PNC Financial Services Group, Inc. Pension Plan, Total assets ($B): 5.402519 · Participants: 63731The PNC Financial Services Group, Inc. Pension PlanConstellation Retirement Program, Total assets ($B): 5.359207207 · Participants: 5314Constellation Retirement ProgramThe Bank of New York Mellon Corporation Pension Plan, Total assets ($B): 4.968344232 · Participants: 8098The Bank of New York Mellon Corporation Pension Plan
Cardone Industries, Inc. Union Employees' Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants
Compare Cardone Industries, Inc. Union Employees' Pension Plan side-by-side with 3 peers →

Cardone Industries, Inc. Union Employees' Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is Employers' - Warehousemen's Pension Trust Fund in CA ($50M); by covered participants it is Wec Energy Group Retirement Plan for Pgl and Nsg in WI (542 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($50M here).

Similar participant headcount

Nearest other-state filings by covered participants (542 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Cardone Industries, Inc. Union Employees' Pension Plan assets move in 2022? ▼
Cardone Industries, Inc. Union Employees' Pension Plan declined sharply - down 20.1% during 2022, from $63M to $50M. Reported net income was -$14M.
Where does Cardone Industries, Inc. Union Employees' Pension Plan rank by assets among Form 5500 filers? ▼
Cardone Industries, Inc. Union Employees' Pension Plan ranks in the 88th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Cardone Industries, Inc. Union Employees' Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Employers' - Warehousemen's Pension Trust Fund in CA ($50M, 215 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Cardone Industries, Inc. Union Employees' Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Wec Energy Group Retirement Plan for Pgl and Nsg in WI (542 participants, $320M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 233000982.

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.