Defined Benefit (Pension) · DOL Form 5500 · 2023

Stepan Company Pension Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
16
Participants Small participant base
36th
Percentile by assets National rank
$197,559
Avg per participant Above avg balance/head
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Official DOL plan name: Stepan Company Retirement Plan for Maywood Hourly Employees · Sponsored by Stepan Company · Illinois · Manufacturing

$3M in assets, 16 participants

Stepan Company's Stepan Company Retirement Plan for Maywood Hourly Employees reported $3M in total assets and 16 participants in its 2023 DOL Form 5500 filing, ranking in the 36th 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.

  • #3,717 in Manufacturing (18,722 peers)

What the 2023 filing shows

Stepan Company Retirement Plan for Maywood Hourly Employees holds $3M for 16 participants - about $197,559 per participant, in the lower half of filed plans by assets.

#3,717
in Manufacturing (18,722 peers)
-2.0%
assets change YoY

The plan reported a net loss of $66K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Stepan Company Retirement Plan for Maywood Hourly Employees's mid-pack asset rank among Manufacturing and all filers

Stepan Company Retirement Plan for Maywood Hourly Employees vs every filed plan by assets

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

$3,160,939 36th percentile higher than 36% 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

Stepan Company Retirement Plan for Maywood Hourly Employees among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Stepan Company Retirement Plan for Maywood Hourly Employees is a small filing (16 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Stepan Company Retirement Plan for Maywood Hourly Employees reported net income rose from -$1M in the plan year 2022 filing to -$66K in the plan year 2023 filing.
  • Stepan Company Retirement Plan for Maywood Hourly Employees reported participants fell from 17 in the plan year 2022 filing to 16 in the plan year 2023 filing.
  • Stepan Company Retirement Plan for Maywood Hourly Employees end-of-year assets fell from $3M in the plan year 2022 filing to $3M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 361823834 · Stepan Company PY 2023 · Defined Benefit (Pension)

Stepan Company Retirement Plan for Maywood Hourly Employees · $3M · 16 · 36th

  • EOY $3M
  • EOY 16
  • EOY 36th
  • EOY Defined Benefit (Pension)
  • EOY near Pension Plan for Hourly Paid Employees of Delta Star, Inc.
  • EOY ind #3717

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 Illinois →

Stepan Company Retirement Plan for Maywood Hourly Employees in the asset neighbourhood

Stepan Company Retirement Plan for Maywood Hourly EmployeesStepan Company Retirement Pl…$3MPension Plan for Hourly Paid Employees of Delta Star, Inc.Pension Plan for Hourly Paid…$3MGraves Management, Inc. Defined Benefit Pension PlanGraves Management, Inc. Defi…$3MMontclair Child Development Center, Inc. Defined Benefit PlanMontclair Child Development …$3MVeterinary Medical Center Cash Balance Pension PlanVeterinary Medical Center Ca…$3M
End-of-year total assets ($M) among Stepan Company Retirement Plan for Maywood Hourly Employees and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Filing particulars (2023)

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$3M
Net Income-$66K
Employer EIN361823834
Plan Effective Date1962-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Stepan Company)

Sponsor-wide plan assets over time

All Stepan Company plans reported in each filing year

Latest sponsor-wide plan assets
$564M 0.3631700543468656% vs 2022
2024 filing year
$550M$560M$570M$580M$590M$600M 202220232024 $562M $564M ▲ +0.4%
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 Maywood Hourly Employees vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -200204060 Total assets ($B) Participants Stepan Company Retirement Plan for Maywood Hourly Employees, Total assets ($B): 0.003160939 · Participants: 16Stepan Company Retirement Plan for Maywood Hourly EmployeesCentral States, Southeast & Southwest Areas Pension Plan, Total assets ($B): 49.680270595 · Participants: 48538Central States, Southeast & Southwest Areas Pension PlanState Farm Insurance Companies Retirement Plan for United States Employees, Total assets ($B): 35.242945747 · Participants: 45001State Farm Insurance Companies Retirement Plan for United States EmployeesUnited Food & Commercial Workers Intl Union - Industry Pension Fund, Total assets ($B): 7.965094339 · Participants: 20680United Food & Commercial Workers Intl Union - Industry Pension FundJohn Deere Pension Plan for Salaried Employees, Total assets ($B): 7.960744597 · Participants: 16346John Deere Pension Plan for Salaried EmployeesAbbott Laboratories Annuity Retirement Plan, Total assets ($B): 7.819798504 · Participants: 17382Abbott Laboratories Annuity Retirement Plan
Stepan Company Retirement Plan for Maywood Hourly Employees vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants
Compare Stepan Company Retirement Plan for Maywood Hourly Employees side-by-side with 3 peers →

Stepan Company Retirement Plan for Maywood Hourly Employees's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Illinois, the nearest Defined Benefit (Pension) by assets is Pension Plan for Hourly Paid Employees of Delta Star, Inc. in VA ($3M); by covered participants it is Middleburgh Telephone Company Pension Plan in NY (16 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (16 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 Stepan Company Retirement Plan for Maywood Hourly Employees assets move in 2023? ▼
Stepan Company Retirement Plan for Maywood Hourly Employees edged down modestly - down 2.0% during 2023, from $3M to $3M. Reported net income was -$66K.
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.
Which Defined Benefit (Pension) plans are similar in size to Stepan Company Retirement Plan for Maywood Hourly Employees? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Pension Plan for Hourly Paid Employees of Delta Star, Inc. in VA ($3M, 32 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Stepan Company Retirement Plan for Maywood Hourly Employees? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Middleburgh Telephone Company Pension Plan in NY (16 participants, N/A 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 361823834.

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.