Defined Benefit (Pension) · DOL Form 5500 · 2023

Industrial Metal Products Corporation Pension Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
4
Participants Small participant base
54th
Percentile by assets National rank
$2.0M
Avg per participant High balance/head
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Official DOL plan name: Retirement Income Plan for Employees of Industrial Metal Products Corporation · Sponsored by Industrial Metal Products Corporation · Michigan · Manufacturing

$8M in assets, 4 participants

Industrial Metal Products Corporation's Retirement Income Plan for Employees of Industrial Metal Products Corporation reported $8M in total assets and 4 participants in its 2023 DOL Form 5500 filing, ranking in the 54th 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.

  • #7,355 in Manufacturing (18,722 peers)

Industrial Metal Products Corporation multi-year trail

Industrial Metal Products Corporation's plans moved +18.9% in assets from 2022 to 2024; this filing shows Retirement Income Plan for Employees of Industrial Metal Products Corporation at $8M / 4 participants.

#7,355
in Manufacturing (18,722 peers)
+14.7%
assets growth YoY

Retirement Income Plan for Employees of Industrial Metal Products Corporation's mid-pack asset rank among Manufacturing and all filers

Retirement Income Plan for Employees of Industrial Metal Products Corporation vs every filed plan by assets

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

$8,113,842 Top 46% higher than 54% 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 Income Plan for Employees of Industrial Metal Products Corporation among micro filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Retirement Income Plan for Employees of Industrial Metal Products Corporation is a micro filing (4 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Retirement Income Plan for Employees of Industrial Metal Products Corporation reported net income rose from $35K in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Retirement Income Plan for Employees of Industrial Metal Products Corporation reported participants fell from 9 in the plan year 2022 filing to 4 in the plan year 2023 filing.
  • Retirement Income Plan for Employees of Industrial Metal Products Corporation end-of-year assets rose from $7M in the plan year 2022 filing to $8M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 380677845 · Industrial Metal Products Corporation PY 2023 · Defined Benefit (Pension)

Retirement Income Plan for Employees of Industrial Metal Products Corporation · $8M · 4 · 54th

  • NET $8M
  • BOOK 4
  • VS-ST 54th
  • BOY Defined Benefit (Pension)
  • SCH near Thomas County Federal Savings & Loan Association Retirement Plan
  • EBSA ind #7355

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 →

Retirement Income Plan for Employees of Industrial Metal Products Corporation in the asset neighbourhood

Retirement Income Plan for Employees of Industrial Metal Products CorporationRetirement Income Plan for E…$8MThomas County Federal Savings & Loan Association Retirement PlanThomas County Federal Saving…$8MDefined Benefit Pension Plan of United Way of Greater ClevelandDefined Benefit Pension Plan…$8MBlue Sky Blue Sea, Inc. Defined Benefit Pension PlanBlue Sky Blue Sea, Inc. Defi…$8MWalbro LLC UAW Local No. 9699 Pension PlanWalbro LLC UAW Local No. 969…$8M
End-of-year total assets ($M) among Retirement Income Plan for Employees of Industrial Metal Products Corporation and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Industrial Metal Products Corporation multi-year asset trail

Sponsor-wide plan assets over time

All Industrial Metal Products Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$8M 18.855846333686785% vs 2022
2024 filing year
$6.5M$7M$7.5M$8M$8.5M$9M 202220232024 $7.07M $8.4M ▲ +18.8%
Year Plans Participants Total Assets
2022 1 9 $7M
2023 1 4 $8M
2024 1 3 $8M

Industrial Metal Products Corporation filing trail (2023)

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$8M
Net Income$1M
Employer EIN380677845
Plan Effective Date1964-10-01
Filing StatusFILING RECEIVED

Nearby Defined Benefit (Pension) Plans in Michigan

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

Retirement Income Plan for Employees of Industrial Metal Products Corporation vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -1001020304050 Total assets ($B) Participants Retirement Income Plan for Employees of Industrial Metal Products Corporation, Total assets ($B): 0.008113842 · Participants: 4Retirement Income Plan for Employees of Industrial Metal Products CorporationGeneral 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
Retirement Income Plan for Employees of Industrial Metal Products Corporation vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants

Retirement Income Plan for Employees of Industrial Metal Products Corporation's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Michigan, the nearest Defined Benefit (Pension) by assets is Thomas County Federal Savings & Loan Association Retirement Plan in GA ($8M); by covered participants it is Ship Wheel Retirement Fund and Trust in MA (4 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 Income Plan for Employees of Industrial Metal Products Corporation assets move in 2023?
Retirement Income Plan for Employees of Industrial Metal Products Corporation grew at a solid clip - up 14.7% during 2023, from $7M to $8M. Reported net income was $1M.
How have Industrial Metal Products Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Industrial Metal Products Corporation's sponsor-wide assets grew 18.9%, from $7M to $8M.
Which Defined Benefit (Pension) plans are similar in size to Retirement Income Plan for Employees of Industrial Metal Products Corporation?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Thomas County Federal Savings & Loan Association Retirement Plan in GA ($8M, 27 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Retirement Income Plan for Employees of Industrial Metal Products Corporation?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Ship Wheel Retirement Fund and Trust in MA (4 participants, N/A in assets).