Defined Benefit (Pension) · DOL Form 5500 · 2023

Woods Services, Inc. Pension Plan

Data updated 2026-08-11

$113M
Total assets: 479
Participants: 92nd
Percentile by assets: $235,707
Avg per participant

Official DOL plan name: Woods Services, Inc. Pension Plan · Sponsored by Woods Services, Inc. · Pennsylvania · Healthcare & Social Assistance

$113M in assets, 479 participants

Woods Services, Inc.'s Woods Services, Inc. Pension Plan reported $113M in total assets and 479 participants in its 2023 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 127,072 plans)
#16,451 in Healthcare & Social Assistance (17,684 peers)

Where Woods Services, Inc. Pension Plan sits by assets

Woods Services, Inc. Pension Plan sits in the top 10% of all filed plans by assets, $113M for 479 participants (~$235,707/participant), down 3.9% in 2023.

$113M
total plan assets (2023 EOY): 479
covered participants: 92nd
percentile by assets (of 127,072 plans): $235,707
avg assets per participant

The plan reported a net loss of $5M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Woods Services, Inc. Pension Plan reported net income rose from -$13M in the plan year 2022 filing to -$5M in the plan year 2023 filing.
Woods Services, Inc. Pension Plan reported participants fell from 543 in the plan year 2022 filing to 479 in the plan year 2023 filing.
Woods Services, Inc. Pension Plan end-of-year assets fell from $117M in the plan year 2022 filing to $113M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Pennsylvania

Industry

Healthcare & Social Assistance

Woods Services, Inc. Pension Plan vs the 2023 asset distribution

By assets, Woods Services, Inc. Pension Plan outranks 92% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.1x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$117M
Net Assets (End of Year)	$113M
Net Income	-$5M
Employer EIN	231322002
Plan Effective Date	1958-05-13
Filing Status	FILING RECEIVED

Sponsor Plan History (Woods Services, Inc.)

Total plan assets by year, all Woods Services, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	2	2,476	$155M
2023	2	2,321	$158M
2024	2	2,283	$53M

Nearby Defined Benefit (Pension) Plans in Pennsylvania

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

Woods Services, Inc. Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants

National Elevator Industry Pension Plan $11.2B · 27,434
Steelworkers Pension Trust $6.6B · 47,052
The PNC Financial Services Group, Inc. Pension Plan $5.6B · 63,680
Constellation Retirement Program $5.3B · 5,080
The Bank of New York Mellon Corporation Pension Plan $5.3B · 7,374

Compare Woods Services, Inc. Pension Plan side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

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

Zoological Society of San Diego Restated Pension Plan for Non-Union Employees (CA) $113M · 606
Scotiabank Pension Plan (United States) () $113M · 147
Laborers Local 231 Pension Plan (IL) $113M · 426
Waste Management Pension Plan for Collectively Bargained Employees (TX) $113M · 841

Frequently Asked Questions

How did Woods Services, Inc. Pension Plan assets move in 2023? ▼

Woods Services, Inc. Pension Plan edged down modestly - down 3.9% during 2023, from $117M to $113M. Reported net income was -$5M.

How have Woods Services, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Woods Services, Inc.'s sponsor-wide assets declined 65.6%, from $155M to $53M.

Where does Woods Services, Inc. Pension Plan rank by assets among Form 5500 filers? ▼

Woods Services, Inc. Pension Plan ranks in the 92nd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).

Which Defined Benefit (Pension) plans are similar in size to Woods Services, Inc. Pension Plan? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Zoological Society of San Diego Restated Pension Plan for Non-Union Employees in CA ($113M, 606 participants).

Next read for Woods Services, Inc. Pension Plan

Scale reading

Ways to act on Woods Services, Inc. Pension Plan's numbers.

By total assets, Woods Services, Inc. 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 Pennsylvania. Compare plans
Woods Services, Inc.'s sponsor-wide assets have declined 65.6% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans

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 231322002.