Defined Benefit (Pension) · DOL Form 5500 · 2023

Preformed Line Products Company Pension Plan

Data updated 2026-08-25

$32M
Total assets Below avg plan size
254
Participants Below avg headcount
80th
Percentile by assets National rank
$125,578
Avg per participant Near avg balance/head
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Official DOL plan name: Preformed Line Products Company Hourly Employees Retirement Plan · Sponsored by Preformed Line Products Company · Ohio · Manufacturing

$32M in assets, 254 participants

Preformed Line Products Company's Preformed Line Products Company Hourly Employees Retirement Plan reported $32M in total assets and 254 participants in its 2023 DOL Form 5500 filing, ranking in the 80th 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.

  • #13,500 in Manufacturing (18,722 peers)

Coverage in Ohio

Preformed Line Products Company Hourly Employees Retirement Plan covers 254 participants in Ohio, about 33% of the average Ohio filer (state average ~765 per filing). Assets: $32M.

#13,500
in Manufacturing (18,722 peers)
+7.6%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Preformed Line Products Company Hourly Employees Retirement Plan's outsized position by total assets

Preformed Line Products Company Hourly Employees Retirement Plan vs every filed plan by assets

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

$31,896,794 Top 20% higher than 80% 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

Preformed Line Products Company Hourly Employees Retirement 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. Preformed Line Products Company Hourly Employees Retirement Plan sits mid-pack in the medium band (254 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Preformed Line Products Company Hourly Employees Retirement Plan reported net income rose from -$10M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Preformed Line Products Company Hourly Employees Retirement Plan reported participants fell from 276 in the plan year 2022 filing to 254 in the plan year 2023 filing.
  • Preformed Line Products Company Hourly Employees Retirement Plan end-of-year assets rose from $30M in the plan year 2022 filing to $32M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 340676895 · Preformed Line Products Company PY 2023 · Defined Benefit (Pension)

Preformed Line Products Company Hourly Employees Retirement Plan · $32M · 254 · 80th

  • NET $32M
  • BOOK 254
  • VS-ST 80th
  • BOY Defined Benefit (Pension)
  • SCH near L3harris Keo Pension Plan
  • EBSA ind #13500

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 Ohio →

Preformed Line Products Company Hourly Employees Retirement Plan in the asset neighbourhood

Concentric Rockford Inc. Employees' Pension PlanConcentric Rockford Inc. Emp…$32MPreformed Line Products Company Hourly Employees Retirement PlanPreformed Line Products Comp…$32ML3harris Keo Pension Plan$32MCash Balance Pension Plan for Certain Represented Employees of Hitachi Energy USA Inc.Cash Balance Pension Plan fo…$32MNational Automatic Sprinkler Industry Fund Office Employees Pension PlanNational Automatic Sprinkler…$32M
End-of-year total assets ($M) among Preformed Line Products Company Hourly Employees Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Ohio filing particulars

Total Assets (Beginning of Year)$30M
Net Assets (End of Year)$32M
Net Income$2M
Employer EIN340676895
Plan Effective Date1997-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Preformed Line Products Company)

Sponsor-wide plan assets over time

All Preformed Line Products Company plans reported in each filing year

Latest sponsor-wide plan assets
$172M 27.982694638252386% vs 2022
2024 filing year
$120M$140M$160M$180M 202220232024 $135M $172M ▲ +28.0%
Year Plans Participants Total Assets
2022 2 1,093 $135M
2023 2 1,254 $160M
2024 2 1,195 $172M

Nearby Defined Benefit (Pension) Plans in Ohio

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

Preformed Line Products Company Hourly Employees Retirement Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -202468 Total assets ($B) Participants Preformed Line Products Company Hourly Employees Retirement Plan, Total assets ($B): 0.031896794 · Participants: 254Preformed Line Products Company Hourly Employees Retirement PlanFirstenergy Corp. Master Pension Plan, Total assets ($B): 7.144086795 · Participants: 12304Firstenergy Corp. Master Pension PlanNationwide Retirement Plan, Total assets ($B): 5.281060445 · Participants: 22311Nationwide Retirement PlanAmerican Electric Power System Retirement Plan, Total assets ($B): 4.475896468 · Participants: 15595American Electric Power System Retirement PlanParker Defined Benefit Plan, Total assets ($B): 3.656915014 · Participants: 191Parker Defined Benefit PlanOhio Operating Engineers Pension Plan, Total assets ($B): 3.592540979 · Participants: 10029Ohio Operating Engineers Pension Plan
Preformed Line Products Company Hourly Employees Retirement Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants
Compare Preformed Line Products Company Hourly Employees Retirement Plan side-by-side with 3 peers →

Preformed Line Products Company Hourly Employees Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Ohio, the nearest Defined Benefit (Pension) by assets is L3harris Keo Pension Plan in FL ($32M); by covered participants it is Home Federal Bank of Tennessee Pension Plan in TN (254 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (254 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 Preformed Line Products Company Hourly Employees Retirement Plan assets move in 2023? ▼
Preformed Line Products Company Hourly Employees Retirement Plan grew at a solid clip - up 7.6% during 2023, from $30M to $32M. Reported net income was $2M.
How have Preformed Line Products Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Preformed Line Products Company's sponsor-wide assets grew 28.0%, from $135M to $172M.
Where does Preformed Line Products Company Hourly Employees Retirement Plan rank by assets among Form 5500 filers? ▼
Preformed Line Products Company Hourly Employees Retirement Plan ranks in the 80th 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 Preformed Line Products Company Hourly Employees Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is L3harris Keo Pension Plan in FL ($32M, 118 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Preformed Line Products Company Hourly Employees Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Home Federal Bank of Tennessee Pension Plan in TN (254 participants, $40M 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 340676895.

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.