Defined Benefit (Pension) · DOL Form 5500 · 2023

Owens Corning Pension Plan

Data updated 2026-08-25

$341M
Total assets Above avg plan size
2,725
Participants Above avg headcount
96th
Percentile by assets National rank
$125,031
Avg per participant Near avg balance/head
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Official DOL plan name: Owens Corning Merged Retirement Plan · Sponsored by Owens Corning · Ohio · Manufacturing

$341M in assets, 2,725 participants

Owens Corning's Owens Corning Merged Retirement Plan reported $341M in total assets and 2,725 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.

  • #17,672 in Manufacturing (18,722 peers)

Coverage in Ohio

Owens Corning Merged Retirement Plan covers 2,725 participants in Ohio, 3.6x the typical Ohio plan (state average ~765 per filing). Assets: $341M.

#17,672
in Manufacturing (18,722 peers)
-43.5%
assets change YoY
3.4×
vs typical plan assets (national mean)

The plan reported a net loss of $261M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Owens Corning Merged Retirement Plan's outsized position by total assets

Owens Corning Merged Retirement Plan vs every filed plan by assets

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

$340,708,152 Top 4% higher than 96% 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

Owens Corning Merged Retirement Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Owens Corning Merged Retirement Plan lands in the large band (2,725 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Owens Corning Merged Retirement Plan end-of-year assets fell from $603M in the plan year 2022 filing to $341M in the plan year 2023 filing.
  • Owens Corning Merged Retirement Plan reported net income fell from -$214M in the plan year 2022 filing to -$261M in the plan year 2023 filing.
  • Owens Corning Merged Retirement Plan reported participants fell from 3,104 in the plan year 2022 filing to 2,725 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 432109021 · Owens Corning PY 2023 · Defined Benefit (Pension)

Owens Corning Merged Retirement Plan · $341M · 2,725 · 96th

  • NET $341M
  • BOOK 2,725
  • VS-ST 96th
  • BOY Defined Benefit (Pension)
  • SCH near Ri Laborers Pension Fund
  • EBSA ind #17672

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 Ohio →

Owens Corning Merged Retirement Plan in the asset neighbourhood

Valeo, Inc. Pension Plan$341MKirby Pension Plan$341MSabic Innovative Plastics Pension PlanSabic Innovative Plastics Pe…$341MRi Laborers Pension Fund$341MOwens Corning Merged Retirement PlanOwens Corning Merged Retirem…$341M
End-of-year total assets ($M) among Owens Corning Merged Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Ohio filing particulars

Total Assets (Beginning of Year)$603M
Net Assets (End of Year)$340M
Net Income-$261M
Employer EIN432109021
Plan Effective Date1943-12-31
Filing StatusFILING RECEIVED

Sponsor Plan History (Owens Corning)

Sponsor-wide plan assets over time

All Owens Corning plans reported in each filing year

Latest sponsor-wide plan assets
$2.3B 12.003348687381694% vs 2022
2024 filing year
$2B$2.1B$2.2B$2.3B 202220232024 $2.03B $2.27B ▲ +11.8%
Year Plans Participants Total Assets
2022 3 12,654 $2.0B
2023 3 12,528 $2.0B
2024 3 12,350 $2.3B

Nearby Defined Benefit (Pension) Plans in Ohio

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

Owens Corning Merged Retirement Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 02468 Total assets ($B) Participants Owens Corning Merged Retirement Plan, Total assets ($B): 0.340708152 · Participants: 2725Owens Corning Merged Retirement PlanFirstenergy Corp. Master Pension Plan, Total assets ($B): 7.144086795 · Participants: 12304Firstenergy Corp. Master Pension PlanNationwide Retirement Plan, Total assets ($B): 5.281060445 · Participants: 22311Nationwide Retirement PlanAmerican Electric Power System Retirement Plan, Total assets ($B): 4.475896468 · Participants: 15595American Electric Power System Retirement PlanParker Defined Benefit Plan, Total assets ($B): 3.656915014 · Participants: 191Parker Defined Benefit PlanOhio Operating Engineers Pension Plan, Total assets ($B): 3.592540979 · Participants: 10029Ohio Operating Engineers Pension Plan
Owens Corning Merged Retirement Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants
Compare Owens Corning Merged Retirement Plan side-by-side with 3 peers →

Owens Corning Merged Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Ohio, the nearest Defined Benefit (Pension) by assets is Ri Laborers Pension Fund in RI ($341M); by covered participants it is Hsbc - North America (U.S.) Pension Plan in IL (2,727 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($341M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,725 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 Owens Corning Merged Retirement Plan assets move in 2023? ▼
Owens Corning Merged Retirement Plan contracted severely - down 43.5% during 2023, from $603M to $341M. Reported net income was -$261M.
How have Owens Corning plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Owens Corning's sponsor-wide assets grew 12.0%, from $2.0B to $2.3B.
Where does Owens Corning Merged Retirement Plan rank by assets among Form 5500 filers? ▼
Owens Corning Merged Retirement Plan ranks in the 96th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Owens Corning Merged Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Ri Laborers Pension Fund in RI ($341M, 1,516 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Owens Corning Merged Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Hsbc - North America (U.S.) Pension Plan in IL (2,727 participants, $3.6B 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 432109021.

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.