Defined Benefit (Pension) · DOL Form 5500 · 2023

Aar Corp. Pension Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
320
Participants Below avg headcount
42nd
Percentile by assets National rank
$13,604
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Aar Corp. Retirement Plan · Sponsored by Aar Corp. · Illinois · Transportation & Warehousing

$4M in assets, 320 participants

Aar Corp.'s Aar Corp. Retirement Plan reported $4M in total assets and 320 participants in its 2023 DOL Form 5500 filing, ranking in the 42nd 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.

  • #1,393 in Transportation & Warehousing (3,362 peers)

Coverage in Illinois

Aar Corp. Retirement Plan covers 320 participants in Illinois, about 41% of the average Illinois filer (state average ~779 per filing). Assets: $4M.

#1,393
in Transportation & Warehousing (3,362 peers)
-93.0%
assets change YoY

The plan reported a net loss of $54M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Aar Corp. Retirement Plan's mid-pack asset rank among Transportation & Warehousing and all filers

Aar Corp. Retirement Plan vs every filed plan by assets

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

$4,353,271 42nd percentile higher than 42% 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

Aar Corp. Retirement Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Aar Corp. Retirement Plan sits mid-pack in the medium band (320 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Aar Corp. Retirement Plan reported net income fell from -$15M in the plan year 2022 filing to -$54M in the plan year 2023 filing.
  • Aar Corp. Retirement Plan end-of-year assets fell from $62M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Aar Corp. Retirement Plan reported participants rose from 239 in the plan year 2022 filing to 320 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 362334820 · Aar Corp. PY 2023 · Defined Benefit (Pension)

Aar Corp. Retirement Plan · $4M · 320 · 42nd

  • 5500 $4M
  • 5500 320
  • 5500 42nd
  • 5500 Defined Benefit (Pension)
  • 5500 near P. Richard Emmanuel M.D., Inc. Defined Benefit Pension Plan
  • 5500 ind #1393

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 Transportation & Warehousing retirement plans → · Plans in Illinois →

Aar Corp. Retirement Plan in the asset neighbourhood

Oneaz Credit Union Defined Benefit Pension PlanOneaz Credit Union Defined B…$4MRetirement Plan for Employees of Rael & LetsonRetirement Plan for Employee…$4MAar Corp. Retirement Plan$4MP. Richard Emmanuel M.D., Inc. Defined Benefit Pension PlanP. Richard Emmanuel M.D., In…$4MMinnkota Power Cooperative, Inc. Employees Pension Plan -Plan aMinnkota Power Cooperative, …$4M
End-of-year total assets ($M) among Aar Corp. Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Illinois filing particulars

Total Assets (Beginning of Year)$62M
Net Assets (End of Year)$4M
Net Income-$54M
Employer EIN362334820
Plan Effective Date1969-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Aar Corp.)

Sponsor-wide plan assets over time

All Aar Corp. plans reported in each filing year

Latest sponsor-wide plan assets
$557M 24.096449577274093% vs 2022
2024 filing year
$400M$450M$500M$550M$600M 202220232024 $449M $557M ▲ +24.1%
Year Plans Participants Total Assets
2022 2 3,035 $449M
2023 2 3,232 $492M
2024 1 3,848 $557M

Nearby Defined Benefit (Pension) Plans in Illinois

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

Aar Corp. Retirement Plan vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -200204060 Total assets ($B) Participants Aar Corp. Retirement Plan, Total assets ($B): 0.004353271 · Participants: 320Aar Corp. Retirement PlanCentral States, Southeast & Southwest Areas Pension Plan, Total assets ($B): 49.680270595 · Participants: 48538Central States, Southeast & Southwest Areas Pension PlanState Farm Insurance Companies Retirement Plan for United States Employees, Total assets ($B): 35.242945747 · Participants: 45001State Farm Insurance Companies Retirement Plan for United States EmployeesUnited Food & Commercial Workers Intl Union - Industry Pension Fund, Total assets ($B): 7.965094339 · Participants: 20680United Food & Commercial Workers Intl Union - Industry Pension FundJohn Deere Pension Plan for Salaried Employees, Total assets ($B): 7.960744597 · Participants: 16346John Deere Pension Plan for Salaried EmployeesAbbott Laboratories Annuity Retirement Plan, Total assets ($B): 7.819798504 · Participants: 17382Abbott Laboratories Annuity Retirement Plan
Aar Corp. Retirement Plan vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants
Compare Aar Corp. Retirement Plan side-by-side with 3 peers →

Aar Corp. Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Illinois, the nearest Defined Benefit (Pension) by assets is P. Richard Emmanuel M.D., Inc. Defined Benefit Pension Plan in CA ($4M); by covered participants it is San Diego County Cement Masons Pension Plan in CA (320 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (320 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 Aar Corp. Retirement Plan assets move in 2023? ▼
Aar Corp. Retirement Plan contracted severely - down 93.0% during 2023, from $62M to $4M. Reported net income was -$54M.
How have Aar Corp. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Aar Corp.'s sponsor-wide assets grew 24.1%, from $449M to $557M.
Which Defined Benefit (Pension) plans are similar in size to Aar Corp. Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is P. Richard Emmanuel M.D., Inc. Defined Benefit Pension Plan in CA ($4M, 2 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Aar Corp. Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is San Diego County Cement Masons Pension Plan in CA (320 participants, $38M in assets).

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 362334820.

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.