Defined Benefit (Pension) · DOL Form 5500 · 2023

Stepan Company Pension Plan

Data updated 2026-08-11

$107M
Total assets: 208
Participants: 92nd
Percentile by assets: $516,600
Avg per participant

Official DOL plan name: Stepan Company Retirement Plan for Salaried Employees · Sponsored by Stepan Company · Illinois · Manufacturing

$107M in assets, 208 participants

Stepan Company's Stepan Company Retirement Plan for Salaried Employees reported $107M in total assets and 208 participants in its 2023 DOL Form 5500 filing, ranking in the 92nd 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.

92nd percentile by assets (of 127,072 plans)
#16,393 in Manufacturing (18,722 peers)

Coverage in Illinois

Stepan Company Retirement Plan for Salaried Employees covers 208 participants in Illinois, about 27% of the average Illinois filer (state average ~779 per filing). Assets: $107M.

$107M
total plan assets (2023 EOY): 208
covered participants: 92nd
percentile by assets (of 127,072 plans): $516,600
avg assets per participant

Stepan Company Retirement Plan for Salaried Employees reported net income rose from -$32M in the plan year 2022 filing to $2M in the plan year 2023 filing.
Stepan Company Retirement Plan for Salaried Employees reported participants fell from 231 in the plan year 2022 filing to 208 in the plan year 2023 filing.
Stepan Company Retirement Plan for Salaried Employees end-of-year assets rose from $106M in the plan year 2022 filing to $107M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Illinois

Industry

Manufacturing

Participants vs Illinois filers

In Illinois, the average filing covers about 779 participants across 5,745 plans. Stepan Company Retirement Plan for Salaried Employees reports 208 participants - about 27% of that state average ($107M EOY assets).

Illinois filing particulars

Total Assets (Beginning of Year)	$106M
Net Assets (End of Year)	$107M
Net Income	$2M
Employer EIN	361823834
Plan Effective Date	1943-12-15
Filing Status	FILING RECEIVED

Sponsor Plan History (Stepan Company)

Total plan assets by year, all Stepan Company plans on file

Year	Plans	Participants	Total Assets
2022	5	2,847	$562M
2023	5	2,836	$595M
2024	5	2,748	$564M

Nearby Defined Benefit (Pension) Plans in Illinois

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

Stepan Company Retirement Plan for Salaried Employees vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants

Central States, Southeast & Southwest Areas Pension Plan $49.7B · 48,538
State Farm Insurance Companies Retirement Plan for United States Employees $35.2B · 45,001
United Food & Commercial Workers Intl Union - Industry Pension Fund $8.0B · 20,680
John Deere Pension Plan for Salaried Employees $8.0B · 16,346
Abbott Laboratories Annuity Retirement Plan $7.8B · 17,382

Compare Stepan Company Retirement Plan for Salar… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Stepan Company Retirement Plan for Salaried Employees by total assets, not by location.

Teamsters Union Local No. 52 Pension Fund (OH) $107M · 109
Ohio Bricklayers Pension Plan (MI) $107M · 618
Dla Piper (US) Cash Balance Plan for Partners (MD) $108M · 606
Franklin Electric Co., Inc. Pension Plan (IN) $107M · 220

Frequently Asked Questions

How did Stepan Company Retirement Plan for Salaried Employees assets move in 2023? ▼

Stepan Company Retirement Plan for Salaried Employees edged up modestly - up 1.7% during 2023, from $106M to $107M. Reported net income was $2M.

How have Stepan Company plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Stepan Company's sponsor-wide assets grew 0.4%, from $562M to $564M.

Where does Stepan Company Retirement Plan for Salaried Employees rank by assets among Form 5500 filers? ▼

Stepan Company Retirement Plan for Salaried Employees ranks in the 92nd 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 Stepan Company Retirement Plan for Salaried Employees? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Teamsters Union Local No. 52 Pension Fund in OH ($107M, 109 participants).

Next read for Stepan Company Retirement Plan for Salar…

Filing takeaways

Ways to act on Stepan Company Retirement Plan for Salaried Employees's numbers.

By total assets, Stepan Company Retirement Plan for Salaried Employees ranks in the top 10% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Illinois. Compare plans
Stepan Company's sponsor-wide assets have grown 0.4% since 2022 across 3 plan years on file. More Manufacturing plans

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 361823834.