Defined Benefit (Pension)
2023 plan-year Defined Benefit (Pension) DOL Form 5500

Gibson Greetings, Inc. Retirement Income Plan

ERISA Form 5500 plan record drawn from DOL EBSA β€” verify with linked source filings below.

Sponsored by American Greetings Corporation Β· Ohio Β· Manufacturing

What the 2023 filing shows

Gibson Greetings, Inc. Retirement Income Plan holds $68M for 11 participants - about $6.2M per participant, up 0.7% over the 2023 plan year.

$68M
total plan assets (2023 EOY)
11
covered participants
$6.2M
avg assets per participant
+0.7%
assets growth YoY

The plan reported a net loss of $796K for the year β€” a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$68M
Participants
11
State
Industry
Manufacturing

What the Filing Says About Gibson Greetings, Inc. Retirement Income Plan

Gibson Greetings, Inc. Retirement Income Plan is a Defined Benefit (Pension) retirement plan sponsored by American Greetings Corporation, headquartered in Ohio. As of the 2023 Form 5500 filing, the plan reports $68M in total end-of-year assets and covers 11 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 340065325, and the plan has been effective since 1970-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $67M at the beginning of 2023 to $68M at year-end β€” a gain of 0.7%. Net assets (after liabilities) closed the year at $66M, with reported net income of $-795,606 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.

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 β€” 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.

Financial Summary (2023)

Total Assets (Beginning of Year)$67M
Total Assets (End of Year)$68M
Net Assets (End of Year)$66M
Net Income$-795,606
Plan TypeDefined Benefit (Pension)
Employer EIN340065325
Plan Effective Date1970-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (American Greetings Corporation)

Year Plans Participants Total Assets
2022 2 2,730 $1000M
2023 2 2,594 $1.1B
2024 2 2,544 $1.1B

Nearby Defined Benefit (Pension) Plans in Ohio

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

Frequently Asked Questions

How much money is in the Gibson Greetings, Inc. Retirement Income Plan?
As of the 2023 Form 5500 filing, Gibson Greetings, Inc. Retirement Income Plan holds $68M in total assets with 11 participants. It is sponsored by American Greetings Corporation.
What type of plan is Gibson Greetings, Inc. Retirement Income Plan?
Gibson Greetings, Inc. Retirement Income Plan is a Defined Benefit (Pension) plan. It has been effective since 1970-01-01. The plan is filed with the U.S. Department of Labor under EIN 340065325.
Who sponsors the Gibson Greetings, Inc. Retirement Income Plan?
Gibson Greetings, Inc. Retirement Income Plan is sponsored by American Greetings Corporation, located in Ohio. The sponsor's EIN is 340065325 and the plan operates in the Manufacturing industry.
How did Gibson Greetings, Inc. Retirement Income Plan perform in 2023?
Gibson Greetings, Inc. Retirement Income Plan grew by 0.7% during 2023, moving from $67M to $68M in total assets. Net income was $-795,606.
Where can I find official filings for Gibson Greetings, Inc. Retirement Income Plan?
Official Form 5500 filings for Gibson Greetings, Inc. Retirement Income Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 340065325 or plan name at efast.dol.gov.
How does Gibson Greetings, Inc. Retirement Income Plan compare to other plans?
You can compare Gibson Greetings, Inc. Retirement Income Plan against other Defined Benefit (Pension) plans on the plan type page, or view plans in Ohio on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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) β€” original filing retrieval by EIN 340065325.

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

Reference: IRS Publication 590-B β€” 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.