Defined Benefit (Pension) · DOL Form 5500 · 2023

The Glen Mills Schools Pension Plan

Data updated 2026-08-25

$74M
Total assets Below avg plan size
46
Participants Small participant base
89th
Percentile by assets National rank
$1.6M
Avg per participant High balance/head
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Official DOL plan name: The Glen Mills Schools Retirement Plan · Sponsored by The Glen Mills Schools · Pennsylvania · Educational Services

$74M in assets, 46 participants

The Glen Mills Schools's The Glen Mills Schools Retirement Plan reported $74M in total assets and 46 participants in its 2023 DOL Form 5500 filing, ranking in the 89th 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.

  • #3,006 in Educational Services (3,735 peers)

Where The Glen Mills Schools Retirement Plan sits by assets

The Glen Mills Schools Retirement Plan sits in the top quartile of all filed plans by assets, $74M for 46 participants (~$1.6M/participant), down 15.7% in 2023.

#3,006
in Educational Services (3,735 peers)
-15.7%
assets change YoY
0.7×
vs typical plan assets (national mean)

The plan reported a net loss of $14M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

The Glen Mills Schools Retirement Plan's outsized position by total assets

The Glen Mills Schools Retirement Plan vs every filed plan by assets

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

$74,406,612 Top 11% higher than 89% 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

The Glen Mills Schools Retirement Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Glen Mills Schools Retirement Plan is a small filing (46 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Glen Mills Schools Retirement Plan reported net income fell from -$3M in the plan year 2022 filing to -$14M in the plan year 2023 filing.
  • The Glen Mills Schools Retirement Plan end-of-year assets fell from $88M in the plan year 2022 filing to $74M in the plan year 2023 filing.
  • The Glen Mills Schools Retirement Plan reported participants fell from 54 in the plan year 2022 filing to 46 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 236437695 · The Glen Mills Schools PY 2023 · Defined Benefit (Pension)

The Glen Mills Schools Retirement Plan · $74M · 46 · 89th

  • NET $74M
  • NET 46
  • NET 89th
  • NET Defined Benefit (Pension)
  • NET near Sheet Metal Workers Local 22 Pension Fund
  • NET ind #3006

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 Educational Services retirement plans → · Plans in Pennsylvania →

The Glen Mills Schools Retirement Plan in the asset neighbourhood

Bricklayers & Allied Craftworkers Local 3 Ny Rochester Chapter Pension FundBricklayers & Allied Craftwo…$75MOklahoma Farm Bureau Pension PlanOklahoma Farm Bureau Pension…$75MThe Jewish Home & Hospital Retirement PlanThe Jewish Home & Hospital R…$74MThe Glen Mills Schools Retirement PlanThe Glen Mills Schools Retir…$74MSheet Metal Workers Local 22 Pension FundSheet Metal Workers Local 22…$74M
End-of-year total assets ($M) among The Glen Mills Schools Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$88M
Net Assets (End of Year)$74M
Net Income-$14M
Employer EIN236437695
Plan Effective Date1976-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Glen Mills Schools)

Sponsor-wide plan assets over time

All The Glen Mills Schools plans reported in each filing year

Latest sponsor-wide plan assets
$54M 61.118325435748275% vs 2022
2024 filing year
$0M$50M$100M$150M 202220232024 $139M $54.1M ▼ -61.1%
Year Plans Participants Total Assets
2022 2 127 $139M
2023 2 110 $127M
2024 1 58 $54M

Nearby Defined Benefit (Pension) Plans in Pennsylvania

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

The Glen Mills Schools Retirement Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants The Glen Mills Schools Retirement Plan, Total assets ($B): 0.074406612 · Participants: 46The Glen Mills Schools Retirement PlanNational 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
The Glen Mills Schools Retirement Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants
Compare The Glen Mills Schools Retirement Plan side-by-side with 3 peers →

The Glen Mills Schools Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is Sheet Metal Workers Local 22 Pension Fund in NJ ($74M); by covered participants it is Furst-Mcness Company Pension Plan in IL (46 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (46 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 The Glen Mills Schools Retirement Plan assets move in 2023? ▼
The Glen Mills Schools Retirement Plan declined sharply - down 15.7% during 2023, from $88M to $74M. Reported net income was -$14M.
How have The Glen Mills Schools plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Glen Mills Schools's sponsor-wide assets declined 61.1%, from $139M to $54M.
Where does The Glen Mills Schools Retirement Plan rank by assets among Form 5500 filers? ▼
The Glen Mills Schools Retirement Plan ranks in the 89th 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 The Glen Mills Schools Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Sheet Metal Workers Local 22 Pension Fund in NJ ($74M, 288 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to The Glen Mills Schools Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Furst-Mcness Company Pension Plan in IL (46 participants, $10M 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 236437695.

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.