Defined Benefit (Pension) · DOL Form 5500 · 2023

Libbey Glass LLC Pension Plan

Data updated 2026-08-25

$60M
Total assets Below avg plan size
120
Participants Small participant base
87th
Percentile by assets National rank
$499,256
Avg per participant High balance/head
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Official DOL plan name: Libbey Salaried Cash Balance Pension Plan · Sponsored by Libbey Glass LLC · Ohio · Manufacturing

$60M in assets, 120 participants

Libbey Glass LLC's Libbey Salaried Cash Balance Pension Plan reported $60M in total assets and 120 participants in its 2023 DOL Form 5500 filing, ranking in the 87th 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.

  • #15,240 in Manufacturing (18,722 peers)

Coverage in Ohio

Libbey Salaried Cash Balance Pension Plan covers 120 participants in Ohio, about 16% of the average Ohio filer (state average ~765 per filing). Assets: $60M.

#15,240
in Manufacturing (18,722 peers)
-5.3%
assets change YoY
0.6×
vs typical plan assets (national mean)

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Libbey Salaried Cash Balance Pension Plan's outsized position by total assets

Libbey Salaried Cash Balance Pension Plan vs every filed plan by assets

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

$59,910,669 Top 13% higher than 87% 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

Libbey Salaried Cash Balance Pension Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Libbey Salaried Cash Balance Pension Plan sits mid-pack in the medium band (120 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Libbey Salaried Cash Balance Pension Plan reported net income rose from -$24M in the plan year 2022 filing to -$3M in the plan year 2023 filing.
  • Libbey Salaried Cash Balance Pension Plan reported participants fell from 134 in the plan year 2022 filing to 120 in the plan year 2023 filing.
  • Libbey Salaried Cash Balance Pension Plan end-of-year assets fell from $63M in the plan year 2022 filing to $60M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 222784107 · Libbey Glass LLC PY 2023 · Defined Benefit (Pension)

Libbey Salaried Cash Balance Pension Plan · $60M · 120 · 87th

  • BOOK $60M
  • VS-ST 120
  • BOY 87th
  • SCH Defined Benefit (Pension)
  • EBSA near Y-12 Federal Credit Union Cash Balance Retirement Pension Plan
  • PART ind #15240

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 →

Libbey Salaried Cash Balance Pension Plan in the asset neighbourhood

Vermont Mutual Insurance Company Employees' Pension PlanVermont Mutual Insurance Com…$60MMachinery Movers, Riggers & Mach. Erect. Local 136 Supplemental Retirement PlanMachinery Movers, Riggers & …$60MInt'l Assoc. of S.M.a.R.T. Workers Local Union 268 Pension Trust & Plan AgreementInt'l Assoc. of S.M.a.R.T. W…$60MLibbey Salaried Cash Balance Pension PlanLibbey Salaried Cash Balance…$60MY-12 Federal Credit Union Cash Balance Retirement Pension PlanY-12 Federal Credit Union Ca…$60M
End-of-year total assets ($M) among Libbey Salaried Cash Balance Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Ohio filing particulars

Total Assets (Beginning of Year)$63M
Net Assets (End of Year)$60M
Net Income-$3M
Employer EIN222784107
Plan Effective Date1993-06-24
Filing StatusFILING RECEIVED

Sponsor Plan History (Libbey Glass LLC)

Sponsor-wide plan assets over time

All Libbey Glass LLC plans reported in each filing year

Latest sponsor-wide plan assets
$407M 1.7326824666294478% vs 2022
2024 filing year
$395M$400M$405M$410M$415M$420M 202220232024 $400M $407M ▲ +1.7%
Year Plans Participants Total Assets
2022 4 1,694 $400M
2023 4 1,642 $414M
2024 4 1,464 $407M

Nearby Defined Benefit (Pension) Plans in Ohio

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

Libbey Salaried Cash Balance Pension Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -202468 Total assets ($B) Participants Libbey Salaried Cash Balance Pension Plan, Total assets ($B): 0.059910669 · Participants: 120Libbey Salaried Cash Balance Pension 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
Libbey Salaried Cash Balance Pension Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants
Compare Libbey Salaried Cash Balance Pension Plan side-by-side with 3 peers →

Libbey Salaried Cash Balance Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Ohio, the nearest Defined Benefit (Pension) by assets is Y-12 Federal Credit Union Cash Balance Retirement Pension Plan in TN ($60M); by covered participants it is Kbf Cpas LLP Cash Balance Plan in OR (120 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (120 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 Libbey Salaried Cash Balance Pension Plan assets move in 2023? ▼
Libbey Salaried Cash Balance Pension Plan pulled back noticeably - down 5.3% during 2023, from $63M to $60M. Reported net income was -$3M.
How have Libbey Glass LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Libbey Glass LLC's sponsor-wide assets grew 1.7%, from $400M to $407M.
Where does Libbey Salaried Cash Balance Pension Plan rank by assets among Form 5500 filers? ▼
Libbey Salaried Cash Balance Pension Plan ranks in the 87th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Libbey Salaried Cash Balance Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Y-12 Federal Credit Union Cash Balance Retirement Pension Plan in TN ($60M, 317 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Libbey Salaried Cash Balance Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Kbf Cpas LLP Cash Balance Plan in OR (120 participants, $9M 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 222784107.

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.