Defined Benefit (Pension) · DOL Form 5500 · 2023

Ardagh Glass Inc. Pension Plan

Data updated 2026-08-25

$538M
Total assets Above avg plan size
1,174
Participants Near avg headcount
98th
Percentile by assets National rank
$458,402
Avg per participant High balance/head
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Official DOL plan name: Ardagh North America Retirement Income Plan · Sponsored by Ardagh Glass Inc. · Indiana · Manufacturing

$538M in assets, 1,174 participants

Ardagh Glass Inc.'s Ardagh North America Retirement Income Plan reported $538M in total assets and 1,174 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.

  • #17,981 in Manufacturing (18,722 peers)

Coverage in Indiana

Ardagh North America Retirement Income Plan covers 1,174 participants in Indiana, 2.2x the typical Indiana plan (state average ~541 per filing). Assets: $538M.

#17,981
in Manufacturing (18,722 peers)
-41.8%
assets change YoY
5.4×
vs typical plan assets (national mean)

The plan reported a net loss of $386M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Ardagh North America Retirement Income Plan's outsized position by total assets

Ardagh North America Retirement Income Plan vs every filed plan by assets

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

$538,164,088 Top 2% higher than 98% 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

Ardagh North America Retirement Income Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Ardagh North America Retirement Income Plan lands in the large band (1,174 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Ardagh North America Retirement Income Plan reported net income fell from -$242M in the plan year 2022 filing to -$386M in the plan year 2023 filing.
  • Ardagh North America Retirement Income Plan end-of-year assets fell from $924M in the plan year 2022 filing to $538M in the plan year 2023 filing.
  • Ardagh North America Retirement Income Plan reported participants fell from 1,298 in the plan year 2022 filing to 1,174 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 351958205 · Ardagh Glass Inc. PY 2023 · Defined Benefit (Pension)

Ardagh North America Retirement Income Plan · $538M · 1,174 · 98th

  • BOOK $538M
  • BOOK 1,174
  • BOOK 98th
  • BOOK Defined Benefit (Pension)
  • BOOK near Baker Hughes Company Pension Plan
  • BOOK ind #17981

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 Indiana →

Ardagh North America Retirement Income Plan in the asset neighbourhood

Kennametal Inc. Retirement Income PlanKennametal Inc. Retirement I…$541MYale-New Haven Hospital Cash Account Pension PlanYale-New Haven Hospital Cash…$540MBaker Hughes Company Pension PlanBaker Hughes Company Pension…$540MArdagh North America Retirement Income PlanArdagh North America Retirem…$538MBarclays Pension Plan$536M
End-of-year total assets ($M) among Ardagh North America Retirement Income Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Indiana filing particulars

Total Assets (Beginning of Year)$924M
Net Assets (End of Year)$538M
Net Income-$386M
Employer EIN351958205
Plan Effective Date2011-06-30
Filing StatusFILING RECEIVED

Sponsor Plan History (Ardagh Glass Inc.)

Sponsor-wide plan assets over time

All Ardagh Glass Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$1.3B 14.611029062862018% vs 2022
2024 filing year
$1.2B$1.3B$1.4B$1.5B$1.6B$1.7B 202220232024 $1.58B $1.35B ▼ -14.6%
Year Plans Participants Total Assets
2022 3 8,470 $1.6B
2023 3 8,377 $1.3B
2024 3 7,352 $1.3B

Nearby Defined Benefit (Pension) Plans in Indiana

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

Ardagh North America Retirement Income Plan vs. nearby Defined Benefit (Pension) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -5051015 Total assets ($B) Participants Ardagh North America Retirement Income Plan, Total assets ($B): 0.538164088 · Participants: 1174Ardagh North America Retirement Income PlanThe Lilly Retirement Plan, Total assets ($B): 11.68755379 · Participants: 19111The Lilly Retirement PlanCummins Pension Plan, Total assets ($B): 3.321162584 · Participants: 26560Cummins Pension PlanIndiana Laborers Pension Fund, Total assets ($B): 1.654720253 · Participants: 10800Indiana Laborers Pension FundElevance Health Cash Balance Plan a, Total assets ($B): 1.277905032 · Participants: 8197Elevance Health Cash Balance Plan aNisource Pension Plan, Total assets ($B): 1.063713087 · Participants: 2174Nisource Pension Plan
Ardagh North America Retirement Income Plan vs. nearby Defined Benefit (Pension) plans in Indiana, assets vs. participants
Compare Ardagh North America Retirement Income Plan side-by-side with 3 peers →

Ardagh North America Retirement Income Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Indiana, the nearest Defined Benefit (Pension) by assets is Baker Hughes Company Pension Plan in TX ($540M); by covered participants it is Boise Paper Holdings, L.L.C. Consolidated Pension Plan in IL (1,178 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($538M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,174 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 Ardagh North America Retirement Income Plan assets move in 2023? ▼
Ardagh North America Retirement Income Plan contracted severely - down 41.8% during 2023, from $924M to $538M. Reported net income was -$386M.
How have Ardagh Glass Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Ardagh Glass Inc.'s sponsor-wide assets declined 14.6%, from $1.6B to $1.3B.
Where does Ardagh North America Retirement Income Plan rank by assets among Form 5500 filers? ▼
Ardagh North America Retirement Income Plan ranks in the 98th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Ardagh North America Retirement Income Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Baker Hughes Company Pension Plan in TX ($540M, 5,353 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Ardagh North America Retirement Income Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Boise Paper Holdings, L.L.C. Consolidated Pension Plan in IL (1,178 participants, $524M 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 351958205.

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.