Defined Benefit (Pension) · DOL Form 5500 · 2023

Crown Cork & Seal Company, Inc. Pension Plan

Data updated 2026-08-11

$870M
Total assets
2,278
Participants
98th
Percentile by assets
$382,008
Avg per participant
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Official DOL plan name: Crown Cork & Seal Company, Inc. Pension Plan · Sponsored by Crown Cork & Seal Company, Inc. · Pennsylvania · Manufacturing

$870M in assets, 2,278 participants

Crown Cork & Seal Company, Inc.'s Crown Cork & Seal Company, Inc. Pension Plan reported $870M in total assets and 2,278 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 127,072 plans)
  • #18,204 in Manufacturing (18,722 peers)

Coverage in Pennsylvania

Crown Cork & Seal Company, Inc. Pension Plan covers 2,278 participants in Pennsylvania, 2.8x the typical Pennsylvania plan (state average ~822 per filing). Assets: $870M.

$870M
total plan assets (2023 EOY)
2,278
covered participants
98th
percentile by assets (of 127,072 plans)
$382,008
avg assets per participant

The plan reported a net loss of $6M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Crown Cork & Seal Company, Inc. Pension Plan sits by total assets

Crown Cork & Seal Company, Inc. Pension Plan vs every filed plan by assets

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

$870,214,865 Top 2% higher than 98% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Crown Cork & Seal Company, Inc. Pension Plan reported net income rose from -$287M in the plan year 2022 filing to -$6M in the plan year 2023 filing.
  • Crown Cork & Seal Company, Inc. Pension Plan reported participants rose from 2,222 in the plan year 2022 filing to 2,278 in the plan year 2023 filing.
  • Crown Cork & Seal Company, Inc. Pension Plan end-of-year assets fell from $876M in the plan year 2022 filing to $870M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Pennsylvania
Industry
Manufacturing

Participants vs Pennsylvania filers

In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. Crown Cork & Seal Company, Inc. Pension Plan reports 2,278 participants - 2.8x that state average ($870M EOY assets).

Pennsylvania filing particulars

Total Assets (Beginning of Year)$876M
Net Assets (End of Year)$870M
Net Income-$6M
Employer EIN231526444
Plan Effective Date1943-12-31
Filing StatusFILING RECEIVED

Sponsor Plan History (Crown Cork & Seal Company, Inc.)

$0.6B$0.8B$1B$1.2B$1.4B$1.6B 202220232024 $1.29B $0.69B ▼ -46.5%
Total plan assets by year, all Crown Cork & Seal Company, Inc. plans on file
Year Plans Participants Total Assets
2022 4 6,263 $1.3B
2023 4 6,569 $1.3B
2024 4 6,685 $691M

Nearby Defined Benefit (Pension) Plans in Pennsylvania

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

Crown Cork & Seal Company, Inc. Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 051015 Total assets ($B) Participants Crown Cork & Seal Co…, Total assets ($B): 0.870214865 · Participants: 2278Crown Cork & Seal Co…National Elevator In…, Total assets ($B): 11.224377797 · Participants: 27434National Elevator In…Steelworkers Pension…, Total assets ($B): 6.602912146 · Participants: 47052Steelworkers Pension…The PNC Financial Se…, Total assets ($B): 5.63715 · Participants: 63680The PNC Financial Se…Constellation Retire…, Total assets ($B): 5.323012123 · Participants: 5080Constellation Retire…The Bank of New York…, Total assets ($B): 5.257223708 · Participants: 7374The Bank of New York…
Crown Cork & Seal Company, Inc. Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants
Compare Crown Cork & Seal Company, Inc. Pension … side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Crown Cork & Seal Company, Inc. Pension Plan by total assets, not by location.

Frequently Asked Questions

How did Crown Cork & Seal Company, Inc. Pension Plan assets move in 2023? ▼
Crown Cork & Seal Company, Inc. Pension Plan held essentially flat - down 0.7% during 2023, from $876M to $870M. Reported net income was -$6M.
How have Crown Cork & Seal Company, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Crown Cork & Seal Company, Inc.'s sponsor-wide assets declined 46.3%, from $1.3B to $691M.
Where does Crown Cork & Seal Company, Inc. Pension Plan rank by assets among Form 5500 filers? ▼
Crown Cork & Seal Company, Inc. Pension Plan ranks in the 98th 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 Crown Cork & Seal Company, Inc. Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Legacy Health Employees Retirement Plan in OR ($871M, 5,149 participants).

Next read for Crown Cork & Seal Company, Inc. Pension …

Filing takeaways

Ways to act on Crown Cork & Seal Company, Inc. Pension Plan's numbers.

  • By total assets, Crown Cork & Seal Company, Inc. Pension Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Pennsylvania. Compare plans
  • Crown Cork & Seal Company, Inc.'s sponsor-wide assets have declined 46.3% since 2022 across 3 plan years on file. More Manufacturing plans

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 231526444.

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.