Defined Benefit (Pension) · DOL Form 5500 · 2023

Schindler Elevator Corporation Pension Plan

Data updated 2026-08-25

$124M
Total assets Near avg plan size
226
Participants Below avg headcount
93rd
Percentile by assets National rank
$549,719
Avg per participant High balance/head
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Official DOL plan name: Schindler Elevator Corporation Retirement Plan · Sponsored by Schindler Elevator Corporation · New Jersey · Manufacturing

$124M in assets, 226 participants

Schindler Elevator Corporation's Schindler Elevator Corporation Retirement Plan reported $124M in total assets and 226 participants in its 2023 DOL Form 5500 filing, ranking in the 93rd 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.

  • #16,602 in Manufacturing (18,722 peers)

Coverage in New Jersey

Schindler Elevator Corporation Retirement Plan covers 226 participants in New Jersey, about 27% of the average New Jersey filer (state average ~844 per filing). Assets: $124M.

#16,602
in Manufacturing (18,722 peers)
-5.0%
assets change YoY
1.2×
vs typical plan assets (national mean)

The plan reported a net loss of $7M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Schindler Elevator Corporation Retirement Plan's outsized position by total assets

Schindler Elevator Corporation Retirement Plan vs every filed plan by assets

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

$124,236,602 Top 7% higher than 93% 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

Schindler Elevator Corporation 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. Schindler Elevator Corporation Retirement Plan sits mid-pack in the medium band (226 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Schindler Elevator Corporation Retirement Plan reported net income rose from -$54M in the plan year 2022 filing to -$7M in the plan year 2023 filing.
  • Schindler Elevator Corporation Retirement Plan reported participants fell from 271 in the plan year 2022 filing to 226 in the plan year 2023 filing.
  • Schindler Elevator Corporation Retirement Plan end-of-year assets fell from $131M in the plan year 2022 filing to $124M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 341270056 · Schindler Elevator Corporation PY 2023 · Defined Benefit (Pension)

Schindler Elevator Corporation Retirement Plan · $124M · 226 · 93rd

  • 5500 $124M
  • 5500 226
  • 5500 93rd
  • 5500 Defined Benefit (Pension)
  • 5500 near Bertelsmann Pension Account Plan
  • 5500 ind #16602

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 Jersey →

Schindler Elevator Corporation Retirement Plan in the asset neighbourhood

Bertelsmann Pension Account PlanBertelsmann Pension Account …$124MSchindler Elevator Corporation Retirement PlanSchindler Elevator Corporati…$124MKao America Inc. Pension Plan$124MMary Washington Healthcare Defined Benefit Retirement PlanMary Washington Healthcare D…$124MBangor Hydro Electric Company Pension PlanBangor Hydro Electric Compan…$124M
End-of-year total assets ($M) among Schindler Elevator Corporation Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

New Jersey filing particulars

Total Assets (Beginning of Year)$131M
Net Assets (End of Year)$124M
Net Income-$7M
Employer EIN341270056
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Schindler Elevator Corporation)

Sponsor-wide plan assets over time

All Schindler Elevator Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$639M 26.820957917715578% vs 2022
2024 filing year
$450M$500M$550M$600M$650M$700M 202220232024 $504M $639M ▲ +26.8%
Year Plans Participants Total Assets
2022 4 2,612 $504M
2023 3 2,590 $591M
2024 3 2,493 $639M

Nearby Defined Benefit (Pension) Plans in New Jersey

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

Schindler Elevator Corporation Retirement Plan vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -50510152025 Total assets ($B) Participants Schindler Elevator Corporation Retirement Plan, Total assets ($B): 0.124236602 · Participants: 226Schindler Elevator Corporation Retirement PlanRetirement Plan of Johnson and Johnson, Total assets ($B): 21.174819996 · Participants: 37749Retirement Plan of Johnson and JohnsonJPMorgan Chase Retirement Plan, Total assets ($B): 16.279006871 · Participants: 90644JPMorgan Chase Retirement PlanNokia Retirement Income Plan, Total assets ($B): 13.864923 · Participants: 7492Nokia Retirement Income PlanThe Prudential Merged Retirement Plan, Total assets ($B): 12.225782081 · Participants: 16230The Prudential Merged Retirement PlanVerizon Pension Plan for Associates, Total assets ($B): 10.930667796 · Participants: 23778Verizon Pension Plan for Associates
Schindler Elevator Corporation Retirement Plan vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants

Schindler Elevator Corporation Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New Jersey, the nearest Defined Benefit (Pension) by assets is Bertelsmann Pension Account Plan in NY ($124M); by covered participants it is Gallo Pension Plan for Non-Union Employees in CA (226 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($124M here).

Similar participant headcount

Nearest other-state filings by covered participants (226 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 Schindler Elevator Corporation Retirement Plan assets move in 2023?
Schindler Elevator Corporation Retirement Plan pulled back noticeably - down 5.0% during 2023, from $131M to $124M. Reported net income was -$7M.
How have Schindler Elevator Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Schindler Elevator Corporation's sponsor-wide assets grew 26.8%, from $504M to $639M.
Where does Schindler Elevator Corporation Retirement Plan rank by assets among Form 5500 filers?
Schindler Elevator Corporation Retirement Plan ranks in the 93rd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Schindler Elevator Corporation Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Bertelsmann Pension Account Plan in NY ($124M, 703 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Schindler Elevator Corporation Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Gallo Pension Plan for Non-Union Employees in CA (226 participants, $32M in assets).