Defined Benefit (Pension) · DOL Form 5500 · 2023

Indian Head Industries Inc Pension Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
43
Participants Small participant base
44th
Percentile by assets National rank
$113,037
Avg per participant Below avg balance/head
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Official DOL plan name: Pension Plan for Hourly Employees of Cloverdale Employing Unit · Sponsored by Indian Head Industries Inc · North Carolina · Manufacturing

$5M in assets, 43 participants

Indian Head Industries Inc's Pension Plan for Hourly Employees of Cloverdale Employing Unit reported $5M in total assets and 43 participants in its 2023 DOL Form 5500 filing, ranking in the 44th 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.

  • #5,065 in Manufacturing (18,722 peers)

What the 2023 filing shows

Pension Plan for Hourly Employees of Cloverdale Employing Unit holds $5M for 43 participants - about $113,037 per participant, in the lower half of filed plans by assets.

#5,065
in Manufacturing (18,722 peers)
-4.0%
assets change YoY

The plan reported a net loss of $213K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Pension Plan for Hourly Employees of Cloverdale Employing Unit's mid-pack asset rank among Manufacturing and all filers

Pension Plan for Hourly Employees of Cloverdale Employing Unit vs every filed plan by assets

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

$4,860,579 44th percentile higher than 44% 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

Pension Plan for Hourly Employees of Cloverdale Employing Unit among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Pension Plan for Hourly Employees of Cloverdale Employing Unit is a small filing (43 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Pension Plan for Hourly Employees of Cloverdale Employing Unit reported net income rose from -$2M in the plan year 2022 filing to -$213K in the plan year 2023 filing.
  • Pension Plan for Hourly Employees of Cloverdale Employing Unit reported participants fell from 47 in the plan year 2022 filing to 43 in the plan year 2023 filing.
  • Pension Plan for Hourly Employees of Cloverdale Employing Unit end-of-year assets fell from $5M in the plan year 2022 filing to $5M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 382511555 · Indian Head Industries Inc PY 2023 · Defined Benefit (Pension)

Pension Plan for Hourly Employees of Cloverdale Employing Unit · $5M · 43 · 44th

  • NET $5M
  • NET 43
  • NET 44th
  • NET Defined Benefit (Pension)
  • NET near Retirement Plan for Employees of South Coast Medical Center
  • NET ind #5065

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 North Carolina →

Pension Plan for Hourly Employees of Cloverdale Employing Unit in the asset neighbourhood

Roofers Local 248 Pension PlanRoofers Local 248 Pension Pl…$5MPension Plan for Hourly Employees of Cloverdale Employing UnitPension Plan for Hourly Empl…$5MRetirement Plan for Employees of South Coast Medical CenterRetirement Plan for Employee…$5MProficium Inc Cash Balance PlanProficium Inc Cash Balance P…$5MIue-Cwa Fund Employees' Pension PlanIue-Cwa Fund Employees' Pens…$5M
End-of-year total assets ($M) among Pension Plan for Hourly Employees of Cloverdale Employing Unit and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Filing particulars (2023)

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$5M
Net Income-$213K
Employer EIN382511555
Plan Effective Date1984-04-08
Filing StatusFILING RECEIVED

Sponsor Plan History (Indian Head Industries Inc)

Sponsor-wide plan assets over time

All Indian Head Industries Inc plans reported in each filing year

Latest sponsor-wide plan assets
$46M 7.425778863031265% vs 2022
2024 filing year
$42M$43M$44M$45M$46M$47M 202220232024 $42.7M $45.9M ▲ +7.4%
Year Plans Participants Total Assets
2022 4 293 $43M
2023 4 277 $44M
2024 4 266 $46M

Nearby Defined Benefit (Pension) Plans in North Carolina

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

Pension Plan for Hourly Employees of Cloverdale Employing Unit vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -505101520 Total assets ($B) Participants Pension Plan for Hourly Employees of Cloverdale Employing Unit, Total assets ($B): 0.004860579 · Participants: 43Pension Plan for Hourly Employees of Cloverdale Employing UnitHoneywell Retirement Earnings Plan, Total assets ($B): 16.613752395 · Participants: 11145Honeywell Retirement Earnings PlanTruist Financial Corporation Pension Plan, Total assets ($B): 14.582387965 · Participants: 45818Truist Financial Corporation Pension PlanDuke Energy Retirement Cash Balance Plan, Total assets ($B): 4.0264 · Participants: 14485Duke Energy Retirement Cash Balance PlanDuke Energy Legacy Pension Plan, Total assets ($B): 3.3721 · Participants: 371Duke Energy Legacy Pension PlanEmployees' Retirement Plan of Duke University, Total assets ($B): 2.616859519 · Participants: 21020Employees' Retirement Plan of Duke University
Pension Plan for Hourly Employees of Cloverdale Employing Unit vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants

Pension Plan for Hourly Employees of Cloverdale Employing Unit's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside North Carolina, the nearest Defined Benefit (Pension) by assets is Retirement Plan for Employees of South Coast Medical Center in CA ($5M); by covered participants it is Unholtz-Dickie Corporation Retirement Plan in CT (43 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (43 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 Pension Plan for Hourly Employees of Cloverdale Employing Unit assets move in 2023?
Pension Plan for Hourly Employees of Cloverdale Employing Unit edged down modestly - down 4.0% during 2023, from $5M to $5M. Reported net income was -$213K.
How have Indian Head Industries Inc plan assets changed over time?
Across 3 plan years on file (2022-2024), Indian Head Industries Inc's sponsor-wide assets grew 7.4%, from $43M to $46M.
Which Defined Benefit (Pension) plans are similar in size to Pension Plan for Hourly Employees of Cloverdale Employing Unit?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Retirement Plan for Employees of South Coast Medical Center in CA ($5M, N/A participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Pension Plan for Hourly Employees of Cloverdale Employing Unit?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Unholtz-Dickie Corporation Retirement Plan in CT (43 participants, $28M in assets).