Defined Benefit (Pension) · DOL Form 5500 · 2023

Federal Screw Works Pension Plan

Data updated 2026-08-25

$6M
Total assets Small plan by assets
1
Participants Small participant base
47th
Percentile by assets National rank
$5.8M
Avg per participant High balance/head
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Official DOL plan name: Federal Screw Works Chelsea Plant Pension Plan · Sponsored by Federal Screw Works · Michigan · Manufacturing

$6M in assets, 1 participants

Federal Screw Works's Federal Screw Works Chelsea Plant Pension Plan reported $6M in total assets and 1 participant in its 2023 DOL Form 5500 filing, ranking in the 47th 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.

  • #5,770 in Manufacturing (18,722 peers)

Federal Screw Works multi-year trail

Federal Screw Works's plans moved -14.8% in assets from 2022 to 2024; this filing shows Federal Screw Works Chelsea Plant Pension Plan at $6M / 1 participant.

#5,770
in Manufacturing (18,722 peers)
-5.3%
assets change YoY

The plan reported a net loss of $325K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Federal Screw Works Chelsea Plant Pension Plan's mid-pack asset rank among Manufacturing and all filers

Federal Screw Works Chelsea Plant Pension Plan vs every filed plan by assets

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

$5,784,285 47th percentile higher than 47% 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

Federal Screw Works Chelsea Plant Pension Plan among micro filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Federal Screw Works Chelsea Plant Pension Plan is a micro filing (1 participant), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Federal Screw Works Chelsea Plant Pension Plan reported net income fell from -$258K in the plan year 2022 filing to -$325K in the plan year 2023 filing.
  • Federal Screw Works Chelsea Plant Pension Plan end-of-year assets fell from $6M in the plan year 2022 filing to $6M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 380533740 · Federal Screw Works PY 2023 · Defined Benefit (Pension)

Federal Screw Works Chelsea Plant Pension Plan · $6M · 1 · 47th

  • VS-ST $6M
  • VS-ST 1
  • VS-ST 47th
  • VS-ST Defined Benefit (Pension)
  • VS-ST near Air Line Pilots Association, International Market Based Cash Balance Plan
  • VS-ST ind #5770

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 Michigan →

Federal Screw Works Chelsea Plant Pension Plan in the asset neighbourhood

Group Retirement Income Plan No. 7Group Retirement Income Plan…$6MFederal Screw Works Chelsea Plant Pension PlanFederal Screw Works Chelsea …$6MAir Line Pilots Association, International Market Based Cash Balance PlanAir Line Pilots Association,…$6MThe Noel Corporation Defined Benefit Pension PlanThe Noel Corporation Defined…$6MPerrarus Group LLC Defined Benefit Pension PlanPerrarus Group LLC Defined B…$6M
End-of-year total assets ($M) among Federal Screw Works Chelsea Plant Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Federal Screw Works multi-year asset trail

Sponsor-wide plan assets over time

All Federal Screw Works plans reported in each filing year

Latest sponsor-wide plan assets
$38M 14.821065279205298% vs 2022
2024 filing year
$35M$40M$45M 202220232024 $44.2M $37.7M ▼ -14.8%
Year Plans Participants Total Assets
2022 4 235 $44M
2023 4 247 $38M
2024 3 234 $38M

Federal Screw Works filing trail (2023)

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$6M
Net Income-$325K
Employer EIN380533740
Plan Effective Date1962-10-01
Filing StatusFILING RECEIVED

Nearby Defined Benefit (Pension) Plans in Michigan

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

Federal Screw Works Chelsea Plant Pension Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -1001020304050 Total assets ($B) Participants Federal Screw Works Chelsea Plant Pension Plan, Total assets ($B): 0.005784285 · Participants: 1Federal Screw Works Chelsea Plant Pension PlanGeneral Motors Hourly-Rate Employees Pension Plan, Total assets ($B): 44.838918802 · Participants: 17959General Motors Hourly-Rate Employees Pension PlanFord Motor Company UAW Retirement Plan, Total assets ($B): 19.269442236 · Participants: 26442Ford Motor Company UAW Retirement PlanFord Motor Company General Retirement Plan, Total assets ($B): 12.705910161 · Participants: 10215Ford Motor Company General Retirement PlanDow Employees' Pension Plan, Total assets ($B): 11.529460215 · Participants: 14051Dow Employees' Pension PlanFca US LLC UAW Pension Agreement, Total assets ($B): 11.155705594 · Participants: 13635Fca US LLC UAW Pension Agreement
Federal Screw Works Chelsea Plant Pension Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants
Compare Federal Screw Works Chelsea Plant Pension Plan side-by-side with 3 peers →

Federal Screw Works Chelsea Plant Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Michigan, the nearest Defined Benefit (Pension) by assets is Air Line Pilots Association, International Market Based Cash Balance Plan in VA ($6M); by covered participants it is Retirement Plan for Employees of American Institute of Marine Underwriters in NY (1 participant). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1 participant); 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 Federal Screw Works Chelsea Plant Pension Plan assets move in 2023? ▼
Federal Screw Works Chelsea Plant Pension Plan pulled back noticeably - down 5.3% during 2023, from $6M to $6M. Reported net income was -$325K.
How have Federal Screw Works plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Federal Screw Works's sponsor-wide assets declined 14.8%, from $44M to $38M.
Which Defined Benefit (Pension) plans are similar in size to Federal Screw Works Chelsea Plant Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Air Line Pilots Association, International Market Based Cash Balance Plan in VA ($6M, 331 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Federal Screw Works Chelsea Plant Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Retirement Plan for Employees of American Institute of Marine Underwriters in NY (1 participant, N/A 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 380533740.

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.