Defined Benefit (Pension) Ā· DOL Form 5500 Ā· 2023

Ardagh North America Retirement Income Plan

Data updated 2026-05-15

$538M
Total assets
1,174
Participants
98th
Percentile by assets
$458,402
Avg per participant

Sponsored by Ardagh Glass Inc. Ā· Indiana Ā· Manufacturing

What the 2023 filing shows

Ardagh North America Retirement Income Plan holds $538M for 1,174 participants - about $458,402 per participant, in the top 5% of all filed plans by assets, down 41.8% over the 2023 plan year.

$538M
total plan assets (2023 EOY)
1,174
covered participants
98th
percentile by assets (of 126,618 plans)
$458,402
avg assets per participant

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.

State
Industry
Manufacturing

Defined Benefit (Pension) Ā· DOL Form 5500 Ā· 2023

What the Filing Says About Ardagh North America Retirement Income Plan

Ardagh North America Retirement Income Plan is a Defined Benefit (Pension) retirement plan sponsored by Ardagh Glass Inc., headquartered in Indiana. According to the U.S. Department of Labor's 2023 Form 5500 filing, the plan reports $538M in total end-of-year assets and covers 1,174 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 351958205, and the plan has been effective since 2011-06-30. Its filing status is currently FILING RECEIVED.

Year over year, total assets contracted severely from $924M at the beginning of 2023 to $538M at year-end - down 41.8%. Net assets (after liabilities) closed the year at $538M, with reported net income of -$386M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Across the 3 plan years Ardagh Glass Inc. has on file with PlainRetire (2022-2024), sponsor-wide plan assets have moved from $1.6B to $1.3B, a decline of 14.6%, while reported participants moved from 8,470 to 7,352 (-13.2%). The strongest year on file by total sponsor assets was 2022 at $1.6B; the softest was 2023 at $1.3B. Year-by-year, sponsor-wide filings show: 2022 - $1.6B in assets across 3 plans covering 8,470 participants; 2023 - $1.3B in assets across 3 plans covering 8,377 participants; 2024 - $1.3B in assets across 3 plans covering 7,352 participants.

By assets, Ardagh North America Retirement Income Plan outranks 98% of the 126,618 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 5.4x the national average plan size of $100M and 730 average participants.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows, a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

How the percentile is calculated: we count every plan that filed a 2023 Form 5500 with a reported end-of-year asset figure (126,618 plans), rank Ardagh North America Retirement Income Plan against all of them by total assets, and report the share of those plans it outranks. A plan reporting no asset figure for the year is excluded from the ranking rather than assumed to be zero.

Financial Summary (2023)

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

Sponsor Plan History (Ardagh Glass Inc.)

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.

Frequently Asked Questions

How much money is in the Ardagh North America Retirement Income Plan?
As of the 2023 Form 5500 filing, Ardagh North America Retirement Income Plan holds $538M in total assets with 1,174 participants. It is sponsored by Ardagh Glass Inc..
What type of plan is Ardagh North America Retirement Income Plan?
Ardagh North America Retirement Income Plan is a Defined Benefit (Pension) plan. It has been effective since 2011-06-30. The plan is filed with the U.S. Department of Labor under EIN 351958205.
Who sponsors the Ardagh North America Retirement Income Plan?
Ardagh North America Retirement Income Plan is sponsored by Ardagh Glass Inc., located in Indiana. The sponsor's EIN is 351958205 and the plan operates in the Manufacturing industry.
How did Ardagh North America Retirement Income Plan perform in 2023?
Ardagh North America Retirement Income Plan contracted severely - down 41.8% during 2023, moving from $924M to $538M in total assets. Net income was -$386M.

What this filing means

Ways to act on Ardagh North America Retirement Income Plan's numbers.

  • By total assets, Ardagh North America Retirement Income Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Indiana. Compare plans
  • Ardagh Glass Inc.'s sponsor-wide assets have declined 14.6% since 2022 across 3 plan years on file. More Manufacturing plans
  • A Defined Benefit (Pension) plan works differently from other retirement plan types, understand the structural differences before comparing. Compare plan types

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.

Reference: IRS Publication 560, Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B, Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.

Every figure on PlainRetire is rendered directly from the Department of Labor's Form 5500 annual return filings, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-05-15.