Defined Benefit (Pension) · DOL Form 5500 · 2023

Hitachi Energy USA Inc. Pension Plan

Data updated 2026-08-25

$32M
Total assets Below avg plan size: 376
Participants Below avg headcount: 80th
Percentile by assets National rank: $84,808
Avg per participant Below avg balance/head

PlainRetire home → About this data RSS: change history

Official DOL plan name: Cash Balance Pension Plan for Certain Represented Employees of Hitachi Energy USA Inc. · Sponsored by Hitachi Energy USA Inc. · North Carolina · Manufacturing

$32M in assets, 376 participants

Hitachi Energy USA Inc.'s Cash Balance Pension Plan for Certain Represented Employees of Hitachi Energy USA Inc. reported $32M in total assets and 376 participants in its 2023 DOL Form 5500 filing, ranking in the 80th 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.

#13,498 in Manufacturing (18,722 peers)

Coverage in North Carolina

Cash Balance Pension Plan for Certain Represented Employees of Hitachi Energy USA Inc. covers 376 participants in North Carolina, about 46% of the average North Carolina filer (state average ~819 per filing). Assets: $32M.

#13,498
in Manufacturing (18,722 peers): +17.9%
assets growth YoY: 0.3×
vs typical plan assets (national mean)

Cash Balance Pension Plan for Certain Represented Employees of Hitachi Energy USA Inc.'s outsized position by total assets

Cash Balance Pension Plan for Certain Represented Employees of Hitachi Energy USA Inc. vs every filed plan by assets

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

$31,887,904 Top 20% higher than 80% of 127,068 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Cash Balance Pension Plan for Certain Represented Employees of Hitachi Energy USA Inc. 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. Cash Balance Pension Plan for Certain Represented Employees of Hitachi Energy USA Inc. sits mid-pack in the medium band (376 participants).

Micro (1-10) 35,718 filings (27%) Small (11-100) 27,089 filings (21%) Medium (101-1,000) 55,445 filings (43%) Large (1,001-10,000) 10,273 filings (8%) Mega (10,000+) 1,374 filings (1%)

Cash Balance Pension Plan for Certain Represented Employees of Hitachi Energy USA Inc. reported net income rose from -$10M in the plan year 2022 filing to $1M in the plan year 2023 filing.
Cash Balance Pension Plan for Certain Represented Employees of Hitachi Energy USA Inc. end-of-year assets rose from $27M in the plan year 2022 filing to $32M in the plan year 2023 filing.
Cash Balance Pension Plan for Certain Represented Employees of Hitachi Energy USA Inc. reported participants fell from 418 in the plan year 2022 filing to 376 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 943273443 · Hitachi Energy USA Inc. PY 2023 · Defined Benefit (Pension)

Cash Balance Pension Plan for Certain Represented Employees of Hitachi Energy USA Inc. · $32M · 376 · 80th

NET $32M
NET 376
NET 80th
NET Defined Benefit (Pension)
NET near L3harris Keo Pension Plan
NET ind #13498

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 North Carolina →

End-of-year total assets ($M) among Cash Balance Pension Plan for Certain Represented Employees of Hitachi Energy USA Inc. and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

North Carolina filing particulars

Total Assets (Beginning of Year)	$27M
Net Assets (End of Year)	$32M
Net Income	$1M
Employer EIN	943273443
Plan Effective Date	1999-07-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Hitachi Energy USA Inc.)

Latest sponsor-wide plan assets: $32M 9.242370369890413% vs 2022; 2024 filing year

Year	Plans	Participants	Total Assets
2022	4	4,576	$30M
2023	3	460	$32M
2024	1	429	$32M

Nearby Defined Benefit (Pension) Plans in North Carolina

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

Cash Balance Pension Plan for Certain Represented Employees of Hitachi Energy USA Inc. vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants

Honeywell Retirement Earnings Plan $16.6B · 11,145
Truist Financial Corporation Pension Plan $14.6B · 45,818
Duke Energy Retirement Cash Balance Plan $4.0B · 14,485
Duke Energy Legacy Pension Plan $3.4B · 371
Employees' Retirement Plan of Duke University $2.6B · 21,020

Compare Cash Balance Pension Plan for Certain Represented Employees of Hitachi Energy USA Inc. side-by-side with 3 peers →

Cash Balance Pension Plan for Certain Represented Employees of Hitachi Energy USA Inc.'s out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside North Carolina, the nearest Defined Benefit (Pension) by assets is L3harris Keo Pension Plan in FL ($32M); by covered participants it is Sanford Health Employees' Pension Plan in SD (376 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($32M here).

L3harris Keo Pension Plan (FL) $32M · 118
Preformed Line Products Company Hourly Employees Retirement Plan (OH) $32M · 254
Concentric Rockford Inc. Employees' Pension Plan (IL) $32M · 52
National Automatic Sprinkler Industry Fund Office Employees Pension Plan (MD) $32M · 61

Similar participant headcount

Nearest other-state filings by covered participants (376 participants); asset peers above are excluded.

Sanford Health Employees' Pension Plan (SD) 376 · 0 off
United Steelworkers of America, AFL-CIO-Clc Highway Contractors Multi-Employer Pension Plan (KY) 376 · 0 off
Pension Fund of Local 11, Iatse (MA) 376 · 0 off
Dairy Industry - Union Pension Plan for Philadelphia and Vicinity (NJ) 377 · 1 off

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 Cash Balance Pension Plan for Certain Represented Employees of Hitachi Energy USA Inc. assets move in 2023? ▼

Cash Balance Pension Plan for Certain Represented Employees of Hitachi Energy USA Inc. grew sharply - up 17.9% during 2023, from $27M to $32M. Reported net income was $1M.

How have Hitachi Energy USA Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Hitachi Energy USA Inc.'s sponsor-wide assets grew 9.2%, from $30M to $32M.

Where does Cash Balance Pension Plan for Certain Represented Employees of Hitachi Energy USA Inc. rank by assets among Form 5500 filers? ▼

Cash Balance Pension Plan for Certain Represented Employees of Hitachi Energy USA Inc. ranks in the 80th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).

Which Defined Benefit (Pension) plans are similar in size to Cash Balance Pension Plan for Certain Represented Employees of Hitachi Energy USA Inc.? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is L3harris Keo Pension Plan in FL ($32M, 118 participants).

Which Defined Benefit (Pension) plans cover a similar participant headcount to Cash Balance Pension Plan for Certain Represented Employees of Hitachi Energy USA Inc.? ▼

Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Sanford Health Employees' Pension Plan in SD (376 participants, $236M 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 943273443.