Defined Benefit (Pension) · DOL Form 5500 · 2023

The Oilgear Company Pension Plan

Data updated 2026-08-25

$15M
Total assets Small plan by assets
27
Participants Small participant base
67th
Percentile by assets National rank
$544,041
Avg per participant High balance/head
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Official DOL plan name: The Oilgear Company Retirement Plan · Sponsored by The Oilgear Company · Michigan · Manufacturing

$15M in assets, 27 participants

The Oilgear Company's The Oilgear Company Retirement Plan reported $15M in total assets and 27 participants in its 2023 DOL Form 5500 filing, ranking in the 67th 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.

  • #10,323 in Manufacturing (18,722 peers)

The Oilgear Company multi-year trail

The Oilgear Company's plans moved -12.1% in assets from 2022 to 2024; this filing shows The Oilgear Company Retirement Plan at $15M / 27 participants.

#10,323
in Manufacturing (18,722 peers)
-2.5%
assets change YoY

The plan reported a net loss of $382K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

The Oilgear Company Retirement Plan's outsized position by total assets

The Oilgear Company Retirement Plan vs every filed plan by assets

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

$14,689,110 Top 33% higher than 67% 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 Oilgear Company Retirement 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 Oilgear Company Retirement Plan is a small filing (27 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Oilgear Company Retirement Plan reported net income rose from -$6M in the plan year 2022 filing to -$382K in the plan year 2023 filing.
  • The Oilgear Company Retirement Plan end-of-year assets fell from $15M in the plan year 2022 filing to $15M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 390514580 · The Oilgear Company PY 2023 · Defined Benefit (Pension)

The Oilgear Company Retirement Plan · $15M · 27 · 67th

  • EOY $15M
  • 5500 27
  • ASSETS 67th
  • PCT Defined Benefit (Pension)
  • EIN near Sbera Pension Plan as Adopted by Cape Ann Savings Bank
  • RANK ind #10323

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 Michigan →

The Oilgear Company Retirement Plan in the asset neighbourhood

Otterbein Homes Retirement PlanOtterbein Homes Retirement P…$15MSbera Pension Plan as Adopted by Cape Ann Savings BankSbera Pension Plan as Adopte…$15MEstwing Manufacturing Company, Inc. Pension PlanEstwing Manufacturing Compan…$15MThe Oilgear Company Retirement PlanThe Oilgear Company Retireme…$15MDefined Benefit Pension Plan of the Metro United Way, Inc.Defined Benefit Pension Plan…$15M
End-of-year total assets ($M) among The Oilgear Company Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

The Oilgear Company multi-year asset trail

Sponsor-wide plan assets over time

All The Oilgear Company plans reported in each filing year

Latest sponsor-wide plan assets
$13M 12.137749820845608% vs 2022
2024 filing year
$13M$14M$15M$16M 202220232024 $15.1M $13.2M ▼ -12.1%
Year Plans Participants Total Assets
2022 1 27 $15M
2023 2 180 $15M
2024 1 27 $13M

The Oilgear Company filing trail (2023)

Total Assets (Beginning of Year)$15M
Net Assets (End of Year)$15M
Net Income-$382K
Employer EIN390514580
Plan Effective Date1960-01-01
Filing StatusFILING RECEIVED

Nearby Defined Benefit (Pension) Plans in Michigan

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

The Oilgear Company Retirement Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -1001020304050 Total assets ($B) Participants The Oilgear Company Retirement Plan, Total assets ($B): 0.01468911 · Participants: 27The Oilgear Company Retirement PlanGeneral Motors Hourly-Rate Employees Pension Plan, Total assets ($B): 44.838918802 · Participants: 17959General Motors Hourly-Rate Employees Pension PlanFord Motor Company UAW Retirement Plan, Total assets ($B): 19.269442236 · Participants: 26442Ford Motor Company UAW Retirement PlanFord Motor Company General Retirement Plan, Total assets ($B): 12.705910161 · Participants: 10215Ford Motor Company General Retirement PlanDow Employees' Pension Plan, Total assets ($B): 11.529460215 · Participants: 14051Dow Employees' Pension PlanFca US LLC UAW Pension Agreement, Total assets ($B): 11.155705594 · Participants: 13635Fca US LLC UAW Pension Agreement
The Oilgear Company Retirement Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants

The Oilgear Company Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Michigan, the nearest Defined Benefit (Pension) by assets is Sbera Pension Plan as Adopted by Cape Ann Savings Bank in MA ($15M); by covered participants it is Njhoa LLC Defined Benefit Plan in NJ (27 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (27 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 Oilgear Company Retirement Plan assets move in 2023?
The Oilgear Company Retirement Plan edged down modestly - down 2.5% during 2023, from $15M to $15M. Reported net income was -$382K.
How have The Oilgear Company plan assets changed over time?
Across 3 plan years on file (2022-2024), The Oilgear Company's sponsor-wide assets declined 12.1%, from $15M to $13M.
Which Defined Benefit (Pension) plans are similar in size to The Oilgear Company Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Sbera Pension Plan as Adopted by Cape Ann Savings Bank in MA ($15M, 73 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to The Oilgear Company Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Njhoa LLC Defined Benefit Plan in NJ (27 participants, $4M in assets).