PRYSMIAN CABLES AND SYSTEMS PENSION PLAN
ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.
PRYSMIAN CABLES AND SYS USA, LLC
This Defined Benefit (Pension) plan holds N/A in total assets and serves 120 participants as of 2023. It is sponsored by PRYSMIAN CABLES AND SYS USA, LLC in Kentucky. The plan reported a net loss of $268K for the year.
What the Filing Says About PRYSMIAN CABLES AND SYSTEMS PENSION PLAN
PRYSMIAN CABLES AND SYSTEMS PENSION PLAN is a Defined Benefit (Pension) retirement plan sponsored by PRYSMIAN CABLES AND SYS USA, LLC, headquartered in Kentucky. As of the 2023 Form 5500 filing, the plan reports N/A in total end-of-year assets and covers 120 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 571061511, and the plan has been effective since 1989-06-01. Its filing status is currently FILING RECEIVED.
Year over year, total assets moved from $16M at the beginning of 2023 to N/A at year-end. Net assets (after liabilities) closed the year at N/A, with reported net income of $-268,386 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.
Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.
Financial Summary (2023)
| Total Assets (Beginning of Year) | $16M |
| Total Assets (End of Year) | N/A |
| Net Assets (End of Year) | N/A |
| Net Income | $-268,386 |
| Plan Type | Defined Benefit (Pension) |
| Employer EIN | 571061511 |
| Plan Effective Date | 1989-06-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (PRYSMIAN CABLES AND SYS USA, LLC)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 5,107 | $580M |
| 2023 | 2 | 5,235 | $638M |
| 2024 | 1 | 5,275 | $703M |
Nearby Defined Benefit (Pension) Plans in Kentucky
Peer Defined Benefit (Pension) plans — same state, same plan type — ranked by total assets.
- LG&E AND KU PENSION PLAN $1.1B · 833
- ASHLAND HERCULES PENSION PLAN $984M · 70
- YUM BRANDS RETIREMENT PLAN $734M · 3,834
- BROWN-FORMAN CORPORATION SALARIED EMPLOYEES RETIREMENT PLAN $499M · 1,160
- ASHLAND HERCULES PENSION PLAN II $469M · 57
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Frequently Asked Questions
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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 571061511.
Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.
Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.
Read our methodology — how this data is sourced, computed, and verified.