Defined Benefit (Pension) · DOL Form 5500 · 2023

Park Ohio Industres Inc Pension Plan

Data updated 2026-08-25

$151M
Total assets Near avg plan size
2,622
Participants Above avg headcount
94th
Percentile by assets National rank
$57,756
Avg per participant Low balance/head
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Official DOL plan name: Park Ohio Industries and Subsidiaries Pension Plan · Sponsored by Park Ohio Industres Inc · Ohio · Manufacturing

$151M in assets, 2,622 participants

Park Ohio Industres Inc's Park Ohio Industries and Subsidiaries Pension Plan reported $151M in total assets and 2,622 participants in its 2023 DOL Form 5500 filing, ranking in the 94th 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.

  • #16,881 in Manufacturing (18,722 peers)

Coverage in Ohio

Park Ohio Industries and Subsidiaries Pension Plan covers 2,622 participants in Ohio, 3.4x the typical Ohio plan (state average ~765 per filing). Assets: $151M.

#16,881
in Manufacturing (18,722 peers)
+10.5%
assets growth YoY
1.5×
vs typical plan assets (national mean)

Park Ohio Industries and Subsidiaries Pension Plan's outsized position by total assets

Park Ohio Industries and Subsidiaries Pension Plan vs every filed plan by assets

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

$151,435,544 Top 6% higher than 94% 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

Park Ohio Industries and Subsidiaries Pension Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Park Ohio Industries and Subsidiaries Pension Plan lands in the large band (2,622 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Park Ohio Industries and Subsidiaries Pension Plan reported net income rose from -$37M in the plan year 2022 filing to $15M in the plan year 2023 filing.
  • Park Ohio Industries and Subsidiaries Pension Plan reported participants rose from 2,147 in the plan year 2022 filing to 2,622 in the plan year 2023 filing.
  • Park Ohio Industries and Subsidiaries Pension Plan end-of-year assets rose from $137M in the plan year 2022 filing to $151M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 346520107 · Park Ohio Industres Inc PY 2023 · Defined Benefit (Pension)

Park Ohio Industries and Subsidiaries Pension Plan · $151M · 2,622 · 94th

  • EOY $151M
  • EOY 2,622
  • EOY 94th
  • EOY Defined Benefit (Pension)
  • EOY near Harris Teeter Supermarkets, Inc. Employees' Pension Plan
  • EOY ind #16881

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 →

Park Ohio Industries and Subsidiaries Pension Plan in the asset neighbourhood

Hunter Douglas Employees' Retirement PlanHunter Douglas Employees' Re…$152MPark Ohio Industries and Subsidiaries Pension PlanPark Ohio Industries and Sub…$151MHarris Teeter Supermarkets, Inc. Employees' Pension PlanHarris Teeter Supermarkets, …$151MBac Local No. 1 Washington Pension TrustBac Local No. 1 Washington P…$151MUst LLC Retirement Income Plan for Hourly EmployeesUst LLC Retirement Income Pl…$151M
End-of-year total assets ($M) among Park Ohio Industries and Subsidiaries Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Ohio filing particulars

Total Assets (Beginning of Year)$137M
Net Assets (End of Year)$148M
Net Income$15M
Employer EIN346520107
Plan Effective Date1964-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Park Ohio Industres Inc)

Sponsor-wide plan assets over time

All Park Ohio Industres Inc plans reported in each filing year

Latest sponsor-wide plan assets
$327M 17.04656213907013% vs 2022
2024 filing year
$260M$280M$300M$320M$340M 202220232024 $279M $327M ▲ +17.0%
Year Plans Participants Total Assets
2022 2 5,584 $279M
2023 2 5,692 $312M
2024 2 5,772 $327M

Nearby Defined Benefit (Pension) Plans in Ohio

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

Park Ohio Industries and Subsidiaries Pension Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -202468 Total assets ($B) Participants Park Ohio Industries and Subsidiaries Pension Plan, Total assets ($B): 0.151435544 · Participants: 2622Park Ohio Industries and Subsidiaries Pension 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
Park Ohio Industries and Subsidiaries Pension Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants

Park Ohio Industries and Subsidiaries Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Ohio, the nearest Defined Benefit (Pension) by assets is Harris Teeter Supermarkets, Inc. Employees' Pension Plan in NC ($151M); by covered participants it is Siemens Energy, Inc. Pension Plan in FL (2,621 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,622 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 Park Ohio Industries and Subsidiaries Pension Plan assets move in 2023?
Park Ohio Industries and Subsidiaries Pension Plan grew at a solid clip - up 10.5% during 2023, from $137M to $151M. Reported net income was $15M.
How have Park Ohio Industres Inc plan assets changed over time?
Across 3 plan years on file (2022-2024), Park Ohio Industres Inc's sponsor-wide assets grew 17.0%, from $279M to $327M.
Where does Park Ohio Industries and Subsidiaries Pension Plan rank by assets among Form 5500 filers?
Park Ohio Industries and Subsidiaries Pension Plan ranks in the 94th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Park Ohio Industries and Subsidiaries Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Harris Teeter Supermarkets, Inc. Employees' Pension Plan in NC ($151M, 1,748 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Park Ohio Industries and Subsidiaries Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Siemens Energy, Inc. Pension Plan in FL (2,621 participants, $564M in assets).