Defined Benefit (Pension) · DOL Form 5500 · 2023

Steinway Musical Instruments, Inc. Pension Plan

Data updated 2026-08-25

$65M
Total assets Below avg plan size
92
Participants Small participant base
88th
Percentile by assets National rank
$707,234
Avg per participant High balance/head
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Official DOL plan name: The Steinway Musical Pension Plan · Sponsored by Steinway Musical Instruments, Inc. · New York · Manufacturing

$65M in assets, 92 participants

Steinway Musical Instruments, Inc.'s The Steinway Musical Pension Plan reported $65M in total assets and 92 participants in its 2023 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.

  • #15,414 in Manufacturing (18,722 peers)

Where The Steinway Musical Pension Plan sits by assets

The Steinway Musical Pension Plan sits in the top quartile of all filed plans by assets, $65M for 92 participants (~$707,234/participant), up 14.7% in 2023.

#15,414
in Manufacturing (18,722 peers)
+14.7%
assets growth YoY
0.7×
vs typical plan assets (national mean)

The Steinway Musical Pension Plan's outsized position by total assets

The Steinway Musical Pension Plan vs every filed plan by assets

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

$65,065,573 Top 12% higher than 88% 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

The Steinway Musical Pension Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Steinway Musical Pension Plan is a small filing (92 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Steinway Musical Pension Plan reported net income rose from -$12M in the plan year 2022 filing to $8M in the plan year 2023 filing.
  • The Steinway Musical Pension Plan end-of-year assets rose from $57M in the plan year 2022 filing to $65M in the plan year 2023 filing.
  • The Steinway Musical Pension Plan reported participants fell from 96 in the plan year 2022 filing to 92 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 351910745 · Steinway Musical Instruments, Inc. PY 2023 · Defined Benefit (Pension)

The Steinway Musical Pension Plan · $65M · 92 · 88th

  • 5500 $65M
  • ASSETS 92
  • PCT 88th
  • EIN Defined Benefit (Pension)
  • RANK near The Retirement Benefit Plan of Sc International Services, Inc. for Off, Mgmt & Spec, and Non-Mgt Non-Union Personnel
  • PHOTO ind #15414

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 York →

The Steinway Musical Pension Plan in the asset neighbourhood

American Postal Workers Union Health Plan Employee Pension PlanAmerican Postal Workers Unio…$65MPlumbers & Pipefitters Local Union 719 Pension FundPlumbers & Pipefitters Local…$65MThe Steinway Musical Pension PlanThe Steinway Musical Pension…$65MThe Retirement Benefit Plan of Sc International Services, Inc. for Off, Mgmt & Spec, and Non-Mgt Non-Union PersonnelThe Retirement Benefit Plan …$65MPremcor Pension Plan$65M
End-of-year total assets ($M) among The Steinway Musical 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)$57M
Net Assets (End of Year)$65M
Net Income$8M
Employer EIN351910745
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Steinway Musical Instruments, Inc.)

Sponsor-wide plan assets over time

All Steinway Musical Instruments, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$109M 17.05514524795127% vs 2022
2024 filing year
$90M$95M$100M$105M$110M$115M 202220232024 $92.8M $109M ▲ +17.1%
Year Plans Participants Total Assets
2022 2 266 $93M
2023 2 283 $108M
2024 2 261 $109M

Nearby Defined Benefit (Pension) Plans in New York

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

The Steinway Musical Pension Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -100102030 Total assets ($B) Participants The Steinway Musical Pension Plan, Total assets ($B): 0.065065573 · Participants: 92The Steinway Musical Pension PlanIBM Personal Pension Plan, Total assets ($B): 24.955758896 · Participants: 14881IBM Personal Pension PlanConsolidated Edison Retirement Plan, Total assets ($B): 16.184377155 · Participants: 10779Consolidated Edison Retirement Plan1199seiu Health Care Employees Pension Fund, Total assets ($B): 16.16620463 · Participants: 1075821199seiu Health Care Employees Pension FundPfizer Consolidated Pension Plan, Total assets ($B): 10.955262618 · Participants: 9616Pfizer Consolidated Pension PlanPepsico Employees Retirement Plan I, Total assets ($B): 7.599669 · Participants: 12289Pepsico Employees Retirement Plan I
The Steinway Musical Pension Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants
Compare The Steinway Musical Pension Plan side-by-side with 3 peers →

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

Outside New York, the nearest Defined Benefit (Pension) by assets is The Retirement Benefit Plan of Sc International Services, Inc. for Off, Mgmt & Spec, and Non-Mgt Non-Union Personnel in TX ($65M); by covered participants it is Agm Container Controls, Inc. Defined Benefit Pension Plan in AZ (92 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (92 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 The Steinway Musical Pension Plan assets move in 2023? ▼
The Steinway Musical Pension Plan grew at a solid clip - up 14.7% during 2023, from $57M to $65M. Reported net income was $8M.
How have Steinway Musical Instruments, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Steinway Musical Instruments, Inc.'s sponsor-wide assets grew 17.1%, from $93M to $109M.
Where does The Steinway Musical Pension Plan rank by assets among Form 5500 filers? ▼
The Steinway Musical Pension Plan ranks in the 88th 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 The Steinway Musical Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is The Retirement Benefit Plan of Sc International Services, Inc. for Off, Mgmt & Spec, and Non-Mgt Non-Union Personnel in TX ($65M, 62 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to The Steinway Musical Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Agm Container Controls, Inc. Defined Benefit Pension Plan in AZ (92 participants, $6M 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 351910745.

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.