Defined Benefit (Pension) · DOL Form 5500 · 2023

Security Lock Distributors, Inc. Pension Plan

Data updated 2026-08-25

$11M
Total assets Small plan by assets
165
Participants Small participant base
61st
Percentile by assets National rank
$66,282
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Security Lock Distributors, Inc. Cash Balance Plan · Sponsored by Security Lock Distributors, Inc. · Massachusetts · Professional & Technical Services

$11M in assets, 165 participants

Security Lock Distributors, Inc.'s Security Lock Distributors, Inc. Cash Balance Plan reported $11M in total assets and 165 participants in its 2023 DOL Form 5500 filing, ranking in the 61st 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.

  • #12,064 in Professional & Technical Services (20,321 peers)

Coverage in Massachusetts

Security Lock Distributors, Inc. Cash Balance Plan covers 165 participants in Massachusetts, about 25% of the average Massachusetts filer (state average ~659 per filing). Assets: $11M.

#12,064
in Professional & Technical Services (20,321 peers)
+7.6%
assets growth YoY

Security Lock Distributors, Inc. Cash Balance Plan's mid-pack asset rank among Professional & Technical Services and all filers

Security Lock Distributors, Inc. Cash Balance Plan vs every filed plan by assets

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

$10,936,506 Top 39% higher than 61% 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

Security Lock Distributors, Inc. Cash Balance 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. Security Lock Distributors, Inc. Cash Balance Plan sits mid-pack in the medium band (165 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Security Lock Distributors, Inc. Cash Balance Plan reported net income fell from $1M in the plan year 2022 filing to $769K in the plan year 2023 filing.
  • Security Lock Distributors, Inc. Cash Balance Plan end-of-year assets rose from $10M in the plan year 2022 filing to $11M in the plan year 2023 filing.
  • Security Lock Distributors, Inc. Cash Balance Plan reported participants rose from 162 in the plan year 2022 filing to 165 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 042456930 · Security Lock Distributors, Inc. PY 2023 · Defined Benefit (Pension)

Security Lock Distributors, Inc. Cash Balance Plan · $11M · 165 · 61st

  • SCH $11M
  • SCH 165
  • SCH 61st
  • SCH Defined Benefit (Pension)
  • SCH near Arc International Salaried Pension Plan
  • SCH ind #12064

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 Professional & Technical Services retirement plans → · Plans in Massachusetts →

Security Lock Distributors, Inc. Cash Balance Plan in the asset neighbourhood

Tamarack Management Inc. Pension PlanTamarack Management Inc. Pen…$11MGeneral Refractories Company Pension Plan for Salaried EmployeesGeneral Refractories Company…$11MSecurity Lock Distributors, Inc. Cash Balance PlanSecurity Lock Distributors, …$11MArc International Salaried Pension PlanArc International Salaried P…$11MAtkins & Pearce Retirement PlanAtkins & Pearce Retirement P…$11M
End-of-year total assets ($M) among Security Lock Distributors, Inc. Cash Balance Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Massachusetts filing particulars

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$11M
Net Income$769K
Employer EIN042456930
Plan Effective Date2007-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Security Lock Distributors, Inc.)

Sponsor-wide plan assets over time

All Security Lock Distributors, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$49M 30.421999180774517% vs 2022
2024 filing year
$35M$40M$45M$50M 202220232024 $37.3M $48.7M ▲ +30.4%
Year Plans Participants Total Assets
2022 2 382 $37M
2023 2 415 $43M
2024 2 506 $49M

Nearby Defined Benefit (Pension) Plans in Massachusetts

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

Security Lock Distributors, Inc. Cash Balance Plan vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Security Lock Distributors, Inc. Cash Balance Plan, Total assets ($B): 0.010936506 · Participants: 165Security Lock Distributors, Inc. Cash Balance PlanConsolidated Cash Balance Program of Mass General Brigham and Member Organizations, Total assets ($B): 10.325856564 · Participants: 58745Consolidated Cash Balance Program of Mass General Brigham and Member OrganizationsNew England Teamsters Pension Fund, Total assets ($B): 9.092299586 · Participants: 21786New England Teamsters Pension FundLiberty Mutual Retirement Benefit Plan, Total assets ($B): 6.892259637 · Participants: 37145Liberty Mutual Retirement Benefit PlanMassachusetts Institute of Technology Basic Retirement Plan, Total assets ($B): 5.381626447 · Participants: 11888Massachusetts Institute of Technology Basic Retirement PlanN. Atlantic States Carp. Pension Fund, Total assets ($B): 4.973349354 · Participants: 17166N. Atlantic States Carp. Pension Fund
Security Lock Distributors, Inc. Cash Balance Plan vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants

Security Lock Distributors, Inc. Cash Balance Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Massachusetts, the nearest Defined Benefit (Pension) by assets is Arc International Salaried Pension Plan in NJ ($11M); by covered participants it is Senior Operations LLC Retirement Plan in IL (165 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (165 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 Security Lock Distributors, Inc. Cash Balance Plan assets move in 2023?
Security Lock Distributors, Inc. Cash Balance Plan grew at a solid clip - up 7.6% during 2023, from $10M to $11M. Reported net income was $769K.
How have Security Lock Distributors, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Security Lock Distributors, Inc.'s sponsor-wide assets grew 30.4%, from $37M to $49M.
Which Defined Benefit (Pension) plans are similar in size to Security Lock Distributors, Inc. Cash Balance Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Arc International Salaried Pension Plan in NJ ($11M, 20 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Security Lock Distributors, Inc. Cash Balance Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Senior Operations LLC Retirement Plan in IL (165 participants, $44M in assets).