Defined Benefit (Pension) · DOL Form 5500 · 2023

The Springs Company Pension Plan

Data updated 2026-08-25

$27M
Total assets Below avg plan size
20
Participants Small participant base
78th
Percentile by assets National rank
$1.3M
Avg per participant High balance/head
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Official DOL plan name: The Springs Company Noncontributory Retirement Plan · Sponsored by The Springs Company · South Carolina · Management of Enterprises

$27M in assets, 20 participants

The Springs Company's The Springs Company Noncontributory Retirement Plan reported $27M in total assets and 20 participants in its 2023 DOL Form 5500 filing, ranking in the 78th 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.

  • #654 in Management of Enterprises (1,137 peers)

Management of Enterprises sector rank

Within Management of Enterprises, The Springs Company Noncontributory Retirement Plan ranks #654 of 1,137 2023 filers by assets (1327% of the sector average)-$27M for 20 participants.

#654
in Management of Enterprises (1,137 peers)
+23.8%
assets growth YoY
0.3×
vs typical plan assets (national mean)

The Springs Company Noncontributory Retirement Plan's outsized position by total assets

The Springs Company Noncontributory Retirement Plan vs every filed plan by assets

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

$26,788,426 Top 22% higher than 78% 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 Springs Company Noncontributory 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 Springs Company Noncontributory Retirement Plan is a small filing (20 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Springs Company Noncontributory Retirement Plan reported net income rose from $3M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • The Springs Company Noncontributory Retirement Plan end-of-year assets rose from $22M in the plan year 2022 filing to $27M in the plan year 2023 filing.
  • The Springs Company Noncontributory Retirement Plan reported participants fell from 23 in the plan year 2022 filing to 20 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 570145000 · The Springs Company PY 2023 · Defined Benefit (Pension)

The Springs Company Noncontributory Retirement Plan · $27M · 20 · 78th

  • EBSA $27M
  • PART 20
  • TYPE 78th
  • NET Defined Benefit (Pension)
  • BOOK near Weirton Medical Center Retirement Income Plan
  • VS-ST ind #654

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 Management of Enterprises retirement plans → · Plans in South Carolina →

The Springs Company Noncontributory Retirement Plan in the asset neighbourhood

Defined Benefit Pension Plan of Courage CenterDefined Benefit Pension Plan…$27MThe Springs Company Noncontributory Retirement PlanThe Springs Company Noncontr…$27MWeirton Medical Center Retirement Income PlanWeirton Medical Center Retir…$27MEmployee Benefit Plan of the Commission on Accreditation of Rehabilitation FacilitiesEmployee Benefit Plan of the…$27MThe Mccallie School Retirement PlanThe Mccallie School Retireme…$27M
End-of-year total assets ($M) among The Springs Company Noncontributory Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Management of Enterprises filing particulars

Total Assets (Beginning of Year)$22M
Net Assets (End of Year)$27M
Net Income$5M
Employer EIN570145000
Plan Effective Date1967-06-20
Filing StatusFILING RECEIVED

Sponsor Plan History (The Springs Company)

Sponsor-wide plan assets over time

All The Springs Company plans reported in each filing year

Latest sponsor-wide plan assets
$48M 36.93937770394855% vs 2022
2024 filing year
$30M$35M$40M$45M$50M 202220232024 $35.4M $48.4M ▲ +36.9%
Year Plans Participants Total Assets
2022 2 97 $35M
2023 2 102 $42M
2024 2 104 $48M

Nearby Defined Benefit (Pension) Plans in South Carolina

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

The Springs Company Noncontributory Retirement Plan vs. nearby Defined Benefit (Pension) plans in South Carolina, assets vs. participants Scatter plot of 6 data points. -1000010002000300040005000 -1012345 Total assets ($B) Participants The Springs Company Noncontributory Retirement Plan, Total assets ($B): 0.026788426 · Participants: 20The Springs Company Noncontributory Retirement PlanThe Savannah River Nuclear Solutions, LLC Multiple Employer Pension Plan, Total assets ($B): 3.899009456 · Participants: 2016The Savannah River Nuclear Solutions, LLC Multiple Employer Pension PlanMichelin Retirement Plan, Total assets ($B): 2.233685106 · Participants: 3743Michelin Retirement PlanNon-Contributory Retirement Program for Certain Empl of Bcbssc, Total assets ($B): 1.20607382 · Participants: 4344Non-Contributory Retirement Program for Certain Empl of BcbsscLegacy Ghs/Tuomey Pension Plan, Total assets ($B): 0.610784456 · Participants: 3346Legacy Ghs/Tuomey Pension PlanKennametal Inc. Retirement Income Plan, Total assets ($B): 0.540622439 · Participants: 563Kennametal Inc. Retirement Income Plan
The Springs Company Noncontributory Retirement Plan vs. nearby Defined Benefit (Pension) plans in South Carolina, assets vs. participants
Compare The Springs Company Noncontributory Retirement Plan side-by-side with 3 peers →

The Springs Company Noncontributory Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside South Carolina, the nearest Defined Benefit (Pension) by assets is Weirton Medical Center Retirement Income Plan in WV ($27M); by covered participants it is Dedert Corporation Employees' Pension Plan in IL (20 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (20 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 Springs Company Noncontributory Retirement Plan assets move in 2023? ▼
The Springs Company Noncontributory Retirement Plan grew sharply - up 23.8% during 2023, from $22M to $27M. Reported net income was $5M.
How have The Springs Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Springs Company's sponsor-wide assets grew 36.9%, from $35M to $48M.
Where does The Springs Company Noncontributory Retirement Plan rank by assets among Form 5500 filers? ▼
The Springs Company Noncontributory Retirement Plan ranks in the 78th 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 Springs Company Noncontributory Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Weirton Medical Center Retirement Income Plan in WV ($27M, 230 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to The Springs Company Noncontributory Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Dedert Corporation Employees' Pension Plan in IL (20 participants, 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 570145000.

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.