Defined Benefit (Pension) · DOL Form 5500 · 2022

Precoat Mezzanine LLC Pension Plan

Data updated 2026-08-11

$95M
Total assets
180
Participants
92nd
Percentile by assets
$526,808
Avg per participant
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Official DOL plan name: Precoat Pension Plan · Sponsored by Precoat Mezzanine LLC · Texas · Manufacturing

$95M in assets, 180 participants

Precoat Mezzanine LLC's Precoat Pension Plan reported $95M in total assets and 180 participants in its 2022 DOL Form 5500 filing, ranking in the 92nd 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.

  • 92nd percentile by assets (of 139,126 plans)
  • #18,223 in Manufacturing (20,602 peers)

Coverage in Texas

Precoat Pension Plan covers 180 participants in Texas, about 26% of the average Texas filer (state average ~688 per filing). Assets: $95M.

$95M
total plan assets (2022 EOY)
180
covered participants
92nd
percentile by assets (of 139,126 plans)
$526,808
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 Precoat Pension Plan sits by total assets

Precoat Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$94,825,477 Top 8% higher than 92% of 139,123 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 2022

State
Industry

Participants vs Texas filers

In Texas, the average filing covers about 688 participants across 10,116 plans. Precoat Pension Plan reports 180 participants - about 26% of that state average ($95M EOY assets).

Texas filing particulars

Total Assets (Beginning of Year)$101M
Net Assets (End of Year)$95M
Net Income-$6M
Employer EIN821011883
Plan Effective Date2022-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Precoat Mezzanine LLC)

$200M$250M$300M$350M 202220232024 $313M $242M ▼ -22.6%
Total plan assets by year, all Precoat Mezzanine LLC plans on file
Year Plans Participants Total Assets
2022 3 362 $313M
2023 2 1,017 $234M
2024 2 1,172 $242M

Nearby Defined Benefit (Pension) Plans in Texas

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

Precoat Pension Plan vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants

Precoat Pension Plan vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Precoat Pension PlanAT&T Pension Benefit…Shell Pension PlanExxonmobil Pension P…Caterpillar Inc. Ret…Bp Retirement Accumu…
Precoat Pension Plan vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Precoat Pension Plan by total assets, not by location.

Frequently Asked Questions

How did Precoat Pension Plan assets move in 2022?
Precoat Pension Plan pulled back noticeably - down 5.7% during 2022, from $101M to $95M. Reported net income was -$6M.
How have Precoat Mezzanine LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Precoat Mezzanine LLC's sponsor-wide assets declined 22.6%, from $313M to $242M.
Where does Precoat Pension Plan rank by assets among Form 5500 filers?
Precoat Pension Plan ranks in the 92nd percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Precoat Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Knights of Columbus Retirement Plan for Bargaining Unit Employees in CT ($95M, 317 participants).

Filing takeaways

Ways to act on Precoat Pension Plan's numbers.

  • By total assets, Precoat Pension Plan ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Texas. Compare plans
  • Precoat Mezzanine LLC's sponsor-wide assets have declined 22.6% since 2022 across 3 plan years on file. More Manufacturing plans