Defined Benefit (Pension) · DOL Form 5500 · 2023
Magnesita Refractories Company Pension Plan
Data updated 2026-08-25
- $70M
- Total assets Below avg plan size
- 90
- Participants Small participant base
- 89th
- Percentile by assets National rank
- $776,510
- Avg per participant High balance/head
Official DOL plan name: Pension Plan for Employees of Magnesita Refractories Company · Sponsored by Magnesita Refractories Company · Pennsylvania · Manufacturing
$70M in assets, 90 participants
Magnesita Refractories Company's Pension Plan for Employees of Magnesita Refractories Company reported $70M in total assets and 90 participants in its 2023 DOL Form 5500 filing, ranking in the 89th 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.
- #15,562 in Manufacturing (18,722 peers)
Where Pension Plan for Employees of Magnesita Refractories Company sits by assets
Pension Plan for Employees of Magnesita Refractories Company sits in the top quartile of all filed plans by assets, $70M for 90 participants (~$776,510/participant), up 3.4% in 2023.
- #15,562
- in Manufacturing (18,722 peers)
- +3.4%
- assets growth YoY
- 0.7×
- vs typical plan assets (national mean)
Pension Plan for Employees of Magnesita Refractories Company's outsized position by total assets
Pension Plan for Employees of Magnesita Refractories Company vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$69,885,922 Top 11% higher than 89% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Pension Plan for Employees of Magnesita Refractories Company among smaller filed plans by headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Pension Plan for Employees of Magnesita Refractories Company is a small filing (90 participants) on this national headcount ladder.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Pension Plan for Employees of Magnesita Refractories Company reported net income rose from -$22M in the plan year 2022 filing to $2M in the plan year 2023 filing.
- Pension Plan for Employees of Magnesita Refractories Company reported participants fell from 102 in the plan year 2022 filing to 90 in the plan year 2023 filing.
- Pension Plan for Employees of Magnesita Refractories Company end-of-year assets rose from $68M in the plan year 2022 filing to $70M in the plan year 2023 filing.
Published 5500 schedule card
Filing strip 230380777 · Magnesita Refractories Company PY 2023 · Defined Benefit (Pension)
Pension Plan for Employees of Magnesita Refractories Company · $70M · 90 · 89th
- PART $70M
- TYPE 90
- NET 89th
- BOOK Defined Benefit (Pension)
- VS-ST near Major League Baseball Pension Plan for Non-Uniformed Personnel
- BOY ind #15562
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 Pennsylvania →
Pension Plan for Employees of Magnesita Refractories Company in the asset neighbourhood
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $68M |
|---|---|
| Net Assets (End of Year) | $70M |
| Net Income | $2M |
| Employer EIN | 230380777 |
| Plan Effective Date | 1956-04-15 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Magnesita Refractories Company)
Sponsor-wide plan assets over time
All Magnesita Refractories Company plans reported in each filing year
- Latest sponsor-wide plan assets
- $200M 16.870636546375096% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 924 | $171M |
| 2023 | 2 | 934 | $191M |
| 2024 | 2 | 922 | $200M |
Nearby Defined Benefit (Pension) Plans in Pennsylvania
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- National Elevator Industry Pension Plan $11.2B · 27,434
- Steelworkers Pension Trust $6.6B · 47,052
- The PNC Financial Services Group, Inc. Pension Plan $5.6B · 63,680
- Constellation Retirement Program $5.3B · 5,080
- The Bank of New York Mellon Corporation Pension Plan $5.3B · 7,374
Pension Plan for Employees of Magnesita Refractories Company's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is Major League Baseball Pension Plan for Non-Uniformed Personnel in CO ($70M); by covered participants it is Southwest Airlines Federal Credit Union Pension Plan in TX (90 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($70M here).
- Major League Baseball Pension Plan for Non-Uniformed Personnel (CO) $70M · 153
- Retirement Plan for Employees of Sargent Manufacturing Company and Amstar Electronics Group (CT) $70M · 184
- Disabled American Veterans Retirement / Pension Equity Plan (KY) $70M · 432
- The Retirement Plan of Kennebunk Savings Bank (ME) $70M · 364
Similar participant headcount
Nearest other-state filings by covered participants (90 participants); asset peers above are excluded.
- Southwest Airlines Federal Credit Union Pension Plan (TX) 90 · 0 off
- Caspari, Inc. Defined Benefit Pension Plan (CT) 90 · 0 off
- Brandenburg Telephone Company Retirement Plan (KY) 90 · 0 off
- Pension Plan for Hourly Employees of True Temper Sports, Inc. Represented by the United Steelworkers of America (TN) 90 · 0 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.