Defined Benefit (Pension) · DOL Form 5500 · 2024

Sifco Industries, Inc. Pension Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
103
Participants Small participant base
43rd
Percentile by assets National rank
$50,174
Avg per participant Low balance/head
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Official DOL plan name: The Steel Improvement Boilermakers & Blacksmiths Pension Plan · Sponsored by Sifco Industries, Inc. · Ohio · Manufacturing

$5M in assets, 103 participants

Sifco Industries, Inc.'s The Steel Improvement Boilermakers & Blacksmiths Pension Plan reported $5M in total assets and 103 participants in its 2024 DOL Form 5500 filing, ranking in the 43rd 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.

  • #4,565 in Manufacturing (17,777 peers)

Coverage in Ohio

The Steel Improvement Boilermakers & Blacksmiths Pension Plan covers 103 participants in Ohio, about 13% of the average Ohio filer (state average ~765 per filing). Assets: $5M.

#4,565
in Manufacturing (17,777 peers)
+5.1%
assets growth YoY

The Steel Improvement Boilermakers & Blacksmiths Pension Plan's mid-pack asset rank among Manufacturing and all filers

The Steel Improvement Boilermakers & Blacksmiths Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$5,167,948 43rd percentile higher than 43% of 123,620 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 2024

The Steel Improvement Boilermakers & Blacksmiths Pension Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Steel Improvement Boilermakers & Blacksmiths Pension Plan sits mid-pack in the medium band (103 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • The Steel Improvement Boilermakers & Blacksmiths Pension Plan reported net income rose from -$213K in the plan year 2023 filing to $251K in the plan year 2024 filing.
  • The Steel Improvement Boilermakers & Blacksmiths Pension Plan end-of-year assets rose from $4M in the plan year 2023 filing to $5M in the plan year 2024 filing.
  • The Steel Improvement Boilermakers & Blacksmiths Pension Plan reported participants rose from 81 in the plan year 2023 filing to 103 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 340553950 · Sifco Industries, Inc. PY 2024 · Defined Benefit (Pension)

The Steel Improvement Boilermakers & Blacksmiths Pension Plan · $5M · 103 · 43rd

  • EBSA $5M
  • EBSA 103
  • EBSA 43rd
  • EBSA Defined Benefit (Pension)
  • EBSA near The Retirement Plan of Merchants & Farmers Bank & Trust Company
  • EBSA ind #4565

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 Ohio →

The Steel Improvement Boilermakers & Blacksmiths Pension Plan in the asset neighbourhood

The Steel Improvement Boilermakers & Blacksmiths Pension PlanThe Steel Improvement Boiler…$5MThe Retirement Plan of Merchants & Farmers Bank & Trust CompanyThe Retirement Plan of Merch…$5MCounty Concrete Corporation Union Pension Plan for Hourly EmployeesCounty Concrete Corporation …$5MOxychem Alkali Pension Plan for Hourly-Rated EmployeesOxychem Alkali Pension Plan …$5MRetina Consultants of Al, PC Cash Balance PlanRetina Consultants of Al, PC…$5M
End-of-year total assets ($M) among The Steel Improvement Boilermakers & Blacksmiths Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Ohio filing particulars

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$5M
Net Income$251K
Employer EIN340553950
Plan Effective Date1962-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sifco Industries, Inc.)

Sponsor-wide plan assets over time

All Sifco Industries, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$28M 63.574594494985234% vs 2022
2024 filing year
$15M$20M$25M$30M 202220232024 $17.1M $28M ▲ +63.6%
Year Plans Participants Total Assets
2022 1 234 $17M
2023 3 234 $23M
2024 4 325 $28M

Nearby Defined Benefit (Pension) Plans in Ohio

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

The Steel Improvement Boilermakers & Blacksmiths Pension Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -505101520 Total assets ($B) Participants The Steel Improvement Boilermakers & Blacksmiths Pension Plan, Total assets ($B): 0.005167948 · Participants: 103The Steel Improvement Boilermakers & Blacksmiths Pension PlanGE Aerospace Pension Plan, Total assets ($B): 19.026079363 · Participants: 9637GE Aerospace Pension PlanFirstenergy Corp. Master Pension Plan, Total assets ($B): 6.474467697 · Participants: 12187Firstenergy Corp. Master Pension PlanAmerican Electric Power System Retirement Plan, Total assets ($B): 4.085797504 · Participants: 16073American Electric Power System Retirement PlanOhio Operating Engineers Pension Plan, Total assets ($B): 3.912834719 · Participants: 10387Ohio Operating Engineers Pension PlanParker Defined Benefit Pension Plan, Total assets ($B): 3.496388263 · Participants: 8120Parker Defined Benefit Pension Plan
The Steel Improvement Boilermakers & Blacksmiths Pension Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants
Compare The Steel Improvement Boilermakers & Blacksmiths Pension Plan side-by-side with 3 peers →

The Steel Improvement Boilermakers & Blacksmiths Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Ohio, the nearest Defined Benefit (Pension) by assets is The Retirement Plan of Merchants & Farmers Bank & Trust Company in LA ($5M); by covered participants it is Agm Container Controls, Inc. Defined Benefit Pension Plan in AZ (103 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (103 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did The Steel Improvement Boilermakers & Blacksmiths Pension Plan assets move in 2024? ▼
The Steel Improvement Boilermakers & Blacksmiths Pension Plan grew at a solid clip - up 5.1% during 2024, from $5M to $5M. Reported net income was $251K.
How have Sifco Industries, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Sifco Industries, Inc.'s sponsor-wide assets grew 63.6%, from $17M to $28M.
Which Defined Benefit (Pension) plans are similar in size to The Steel Improvement Boilermakers & Blacksmiths Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is The Retirement Plan of Merchants & Farmers Bank & Trust Company in LA ($5M, 20 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to The Steel Improvement Boilermakers & Blacksmiths Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Agm Container Controls, Inc. Defined Benefit Pension Plan in AZ (103 participants, $8M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 340553950.

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.