Defined Benefit (Pension) · DOL Form 5500 · 2023

Channellock, Inc. Pension Plan

Data updated 2026-08-25

$42M
Total assets Below avg plan size
89
Participants Small participant base
84th
Percentile by assets National rank
$471,480
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Retirement Plan for Employees of Channellock, Inc · Sponsored by Channellock, Inc. · Pennsylvania · Manufacturing

$42M in assets, 89 participants

Channellock, Inc.'s Retirement Plan for Employees of Channellock, Inc reported $42M in total assets and 89 participants in its 2023 DOL Form 5500 filing, ranking in the 84th 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.

  • #14,350 in Manufacturing (18,722 peers)

Where Retirement Plan for Employees of Channellock, Inc sits by assets

Retirement Plan for Employees of Channellock, Inc sits in the top quartile of all filed plans by assets, $42M for 89 participants (~$471,480/participant), up 3.8% in 2023.

#14,350
in Manufacturing (18,722 peers)
+3.8%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Retirement Plan for Employees of Channellock, Inc's outsized position by total assets

Retirement Plan for Employees of Channellock, Inc vs every filed plan by assets

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

$41,961,700 Top 16% higher than 84% 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

Retirement Plan for Employees of Channellock, Inc among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Retirement Plan for Employees of Channellock, Inc is a small filing (89 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Retirement Plan for Employees of Channellock, Inc reported net income rose from -$1M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Retirement Plan for Employees of Channellock, Inc reported participants fell from 97 in the plan year 2022 filing to 89 in the plan year 2023 filing.
  • Retirement Plan for Employees of Channellock, Inc end-of-year assets rose from $40M in the plan year 2022 filing to $42M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 250399850 · Channellock, Inc. PY 2023 · Defined Benefit (Pension)

Retirement Plan for Employees of Channellock, Inc · $42M · 89 · 84th

  • RANK $42M
  • PHOTO 89
  • IND 84th
  • EOY Defined Benefit (Pension)
  • 5500 near Pension Plan for Employees of U.S. Natural Resources and Friedrich Air Conditioning Co.
  • ASSETS ind #14350

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 Pennsylvania →

Retirement Plan for Employees of Channellock, Inc in the asset neighbourhood

Alside Retirement Plan$42MEmery Oleochemicals Retirement PlanEmery Oleochemicals Retireme…$42MPension Plan for Employees of U.S. Natural Resources and Friedrich Air Conditioning Co.Pension Plan for Employees o…$42MRetirement Plan for Employees of Channellock, IncRetirement Plan for Employee…$42MLbs Financial Credit Union Defined Benefit Pension PlanLbs Financial Credit Union D…$42M
End-of-year total assets ($M) among Retirement Plan for Employees of Channellock, Inc and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$40M
Net Assets (End of Year)$42M
Net Income$2M
Employer EIN250399850
Plan Effective Date1950-11-24
Filing StatusFILING RECEIVED

Sponsor Plan History (Channellock, Inc.)

Sponsor-wide plan assets over time

All Channellock, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$79M 12.621254899099451% vs 2022
2024 filing year
$65M$70M$75M$80M$85M 202220232024 $70.3M $79.2M ▲ +12.6%
Year Plans Participants Total Assets
2022 4 684 $70M
2023 4 652 $72M
2024 4 585 $79M

Nearby Defined Benefit (Pension) Plans in Pennsylvania

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

Retirement Plan for Employees of Channellock, Inc vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Retirement Plan for Employees of Channellock, Inc, Total assets ($B): 0.0419617 · Participants: 89Retirement Plan for Employees of Channellock, IncNational Elevator Industry Pension Plan, Total assets ($B): 11.224377797 · Participants: 27434National Elevator Industry Pension PlanSteelworkers Pension Trust, Total assets ($B): 6.602912146 · Participants: 47052Steelworkers Pension TrustThe PNC Financial Services Group, Inc. Pension Plan, Total assets ($B): 5.63715 · Participants: 63680The PNC Financial Services Group, Inc. Pension PlanConstellation Retirement Program, Total assets ($B): 5.323012123 · Participants: 5080Constellation Retirement ProgramThe Bank of New York Mellon Corporation Pension Plan, Total assets ($B): 5.257223708 · Participants: 7374The Bank of New York Mellon Corporation Pension Plan
Retirement Plan for Employees of Channellock, Inc vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants
Compare Retirement Plan for Employees of Channellock, Inc side-by-side with 3 peers →

Retirement Plan for Employees of Channellock, Inc's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is Pension Plan for Employees of U.S. Natural Resources and Friedrich Air Conditioning Co. in WA ($42M); by covered participants it is Bank of America Retirement Plan for Dollar Paid Employees of Military Banking Division in RI (89 participants). Same-state nearby plans are listed separately above.

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 Retirement Plan for Employees of Channellock, Inc assets move in 2023? ▼
Retirement Plan for Employees of Channellock, Inc edged up modestly - up 3.8% during 2023, from $40M to $42M. Reported net income was $2M.
How have Channellock, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Channellock, Inc.'s sponsor-wide assets grew 12.6%, from $70M to $79M.
Where does Retirement Plan for Employees of Channellock, Inc rank by assets among Form 5500 filers? ▼
Retirement Plan for Employees of Channellock, Inc ranks in the 84th 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 Retirement Plan for Employees of Channellock, Inc? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Pension Plan for Employees of U.S. Natural Resources and Friedrich Air Conditioning Co. in WA ($42M, 104 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Retirement Plan for Employees of Channellock, Inc? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Bank of America Retirement Plan for Dollar Paid Employees of Military Banking Division in RI (89 participants, $13M 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 250399850.

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.