Defined Benefit (Pension) · DOL Form 5500 · 2023

Specification Rubber Products, Inc. Pension Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
14
Participants Small participant base
43rd
Percentile by assets National rank
$340,440
Avg per participant High balance/head
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Official DOL plan name: Specification Rubber Products Inc. Hourly Defined Benefit Plan · Sponsored by Specification Rubber Products, Inc. · Alabama · Manufacturing

$5M in assets, 14 participants

Specification Rubber Products, Inc.'s Specification Rubber Products Inc. Hourly Defined Benefit Plan reported $5M in total assets and 14 participants in its 2023 DOL Form 5500 filing, ranking in the 43rd 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.

  • #4,996 in Manufacturing (18,722 peers)

What the 2023 filing shows

Specification Rubber Products Inc. Hourly Defined Benefit Plan holds $5M for 14 participants - about $340,440 per participant, in the lower half of filed plans by assets.

#4,996
in Manufacturing (18,722 peers)
+1.9%
assets growth YoY

Specification Rubber Products Inc. Hourly Defined Benefit Plan's mid-pack asset rank among Manufacturing and all filers

Specification Rubber Products Inc. Hourly Defined Benefit Plan vs every filed plan by assets

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

$4,766,160 43rd percentile higher than 43% 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

Specification Rubber Products Inc. Hourly Defined Benefit Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Specification Rubber Products Inc. Hourly Defined Benefit Plan is a small filing (14 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Specification Rubber Products Inc. Hourly Defined Benefit Plan reported net income rose from -$2M in the plan year 2022 filing to $93K in the plan year 2023 filing.
  • Specification Rubber Products Inc. Hourly Defined Benefit Plan reported participants fell from 18 in the plan year 2022 filing to 14 in the plan year 2023 filing.
  • Specification Rubber Products Inc. Hourly Defined Benefit Plan end-of-year assets rose from $5M in the plan year 2022 filing to $5M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 630512651 · Specification Rubber Products, Inc. PY 2023 · Defined Benefit (Pension)

Specification Rubber Products Inc. Hourly Defined Benefit Plan · $5M · 14 · 43rd

  • BOY $5M
  • SCH 14
  • EBSA 43rd
  • PART Defined Benefit (Pension)
  • TYPE near Eric Herman Prototype Defined Contribution Keogh Hr10 Plan
  • NET ind #4996

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 Alabama →

Specification Rubber Products Inc. Hourly Defined Benefit Plan in the asset neighbourhood

Portland Hospital Service Corporation Employees' Retirement PlanPortland Hospital Service Co…$5MRotor Clip Company, Inc. Retirement PlanRotor Clip Company, Inc. Ret…$5MSpecification Rubber Products Inc. Hourly Defined Benefit PlanSpecification Rubber Product…$5MEric Herman Prototype Defined Contribution Keogh Hr10 PlanEric Herman Prototype Define…$5MEnvironmental Geotech. Lab., Inc. Defined Benefit Pension PlanEnvironmental Geotech. Lab.,…$5M
End-of-year total assets ($M) among Specification Rubber Products Inc. Hourly Defined Benefit Plan 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$93K
Employer EIN630512651
Plan Effective Date1978-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Specification Rubber Products, Inc.)

Sponsor-wide plan assets over time

All Specification Rubber Products, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$7M 2.6881311272870003% vs 2022
2024 filing year
$6.9M$7M$7.1M$7.2M$7.3M 202220232024 $7.17M $6.98M ▼ -2.6%
Year Plans Participants Total Assets
2022 2 23 $7M
2023 2 18 $7M
2024 2 18 $7M

Nearby Defined Benefit (Pension) Plans in Alabama

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

Specification Rubber Products Inc. Hourly Defined Benefit Plan vs. nearby Defined Benefit (Pension) plans in Alabama, assets vs. participants Scatter plot of 6 data points. -10000100020003000 -0.500.511.5 Total assets ($B) Participants Specification Rubber Products Inc. Hourly Defined Benefit Plan, Total assets ($B): 0.00476616 · Participants: 14Specification Rubber Products Inc. Hourly Defined Benefit PlanRegions Financial Corporation Retirement Plan, Total assets ($B): 1.23300032 · Participants: 292Regions Financial Corporation Retirement PlanBlue Cross and Blue Shield of Alabama Retirement Plan, Total assets ($B): 0.737313284 · Participants: 2014Blue Cross and Blue Shield of Alabama Retirement PlanRegions Financial Corporation Retirement Plan for Associates, Total assets ($B): 0.716301272 · Participants: 2395Regions Financial Corporation Retirement Plan for AssociatesVulcan Materials Company Pension Plan, Total assets ($B): 0.507585545 · Participants: 776Vulcan Materials Company Pension PlanAmerican Cast Iron Pipe Company Pension Plan, Total assets ($B): 0.440237888 · Participants: 832American Cast Iron Pipe Company Pension Plan
Specification Rubber Products Inc. Hourly Defined Benefit Plan vs. nearby Defined Benefit (Pension) plans in Alabama, assets vs. participants

Specification Rubber Products Inc. Hourly Defined Benefit Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Alabama, the nearest Defined Benefit (Pension) by assets is Eric Herman Prototype Defined Contribution Keogh Hr10 Plan in NJ ($5M); by covered participants it is Pottsville Republican Inc. Pension Plan in PA (14 participants). Same-state nearby plans are listed separately above.

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 Specification Rubber Products Inc. Hourly Defined Benefit Plan assets move in 2023?
Specification Rubber Products Inc. Hourly Defined Benefit Plan edged up modestly - up 1.9% during 2023, from $5M to $5M. Reported net income was $93K.
How have Specification Rubber Products, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Specification Rubber Products, Inc.'s sponsor-wide assets declined 2.7%, from $7M to $7M.
Which Defined Benefit (Pension) plans are similar in size to Specification Rubber Products Inc. Hourly Defined Benefit Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Eric Herman Prototype Defined Contribution Keogh Hr10 Plan in NJ ($5M, 5 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Specification Rubber Products Inc. Hourly Defined Benefit Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Pottsville Republican Inc. Pension Plan in PA (14 participants, N/A in assets).