Defined Benefit (Pension) · DOL Form 5500 · 2023

Libbey Glass LLC Pension Plan

Data updated 2026-08-25

$217M
Total assets Near avg plan size
368
Participants Below avg headcount
95th
Percentile by assets National rank
$590,868
Avg per participant High balance/head
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Official DOL plan name: Libbey Hourly Retirement Plan · Sponsored by Libbey Glass LLC · Ohio · Manufacturing

$217M in assets, 368 participants

Libbey Glass LLC's Libbey Hourly Retirement Plan reported $217M in total assets and 368 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.

  • #17,266 in Manufacturing (18,722 peers)

Coverage in Ohio

Libbey Hourly Retirement Plan covers 368 participants in Ohio, about 48% of the average Ohio filer (state average ~765 per filing). Assets: $217M.

#17,266
in Manufacturing (18,722 peers)
+2.9%
assets growth YoY
2.2×
vs typical plan assets (national mean)

Libbey Hourly Retirement Plan's outsized position by total assets

Libbey Hourly Retirement Plan vs every filed plan by assets

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

$217,439,472 Top 5% higher than 95% 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 Hourly Retirement 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 Hourly Retirement Plan sits mid-pack in the medium band (368 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Libbey Hourly Retirement Plan reported net income rose from -$83M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Libbey Hourly Retirement Plan reported participants fell from 418 in the plan year 2022 filing to 368 in the plan year 2023 filing.
  • Libbey Hourly Retirement Plan end-of-year assets rose from $211M in the plan year 2022 filing to $217M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

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

Libbey Hourly Retirement Plan · $217M · 368 · 95th

  • BOOK $217M
  • VS-ST 368
  • BOY 95th
  • SCH Defined Benefit (Pension)
  • EBSA near Webster Bank Pension Plan
  • PART ind #17266

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 Hourly Retirement Plan in the asset neighbourhood

Swedish Match North America Retirement PlanSwedish Match North America …$218MCarle Health Central Illinois Pension PlanCarle Health Central Illinoi…$218MLibbey Hourly Retirement Plan$217MWebster Bank Pension Plan$217MMfa Incorporated Retirement PlanMfa Incorporated Retirement …$217M
End-of-year total assets ($M) among Libbey Hourly Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Ohio filing particulars

Total Assets (Beginning of Year)$211M
Net Assets (End of Year)$217M
Net Income$6M
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 Hourly Retirement Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -202468 Total assets ($B) Participants Libbey Hourly Retirement Plan, Total assets ($B): 0.217439472 · Participants: 368Libbey Hourly 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
Libbey Hourly Retirement Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants

Libbey Hourly Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Ohio, the nearest Defined Benefit (Pension) by assets is Webster Bank Pension Plan in NY ($217M); by covered participants it is Employees' Retirement Plan of Universal Leaf Tobacco Co. & Designated Affiliated Cos in VA (368 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($217M here).

Similar participant headcount

Nearest other-state filings by covered participants (368 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 Hourly Retirement Plan assets move in 2023?
Libbey Hourly Retirement Plan edged up modestly - up 2.9% during 2023, from $211M to $217M. Reported net income was $6M.
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 Hourly Retirement Plan rank by assets among Form 5500 filers?
Libbey Hourly Retirement Plan ranks in the 95th 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 Libbey Hourly Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Webster Bank Pension Plan in NY ($217M, 575 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Libbey Hourly Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Employees' Retirement Plan of Universal Leaf Tobacco Co. & Designated Affiliated Cos in VA (368 participants, $213M in assets).