Defined Benefit (Pension) · DOL Form 5500 · 2023

Thyssenkrupp North America, LLC. Pension Plan

Data updated 2026-08-25

$363M
Total assets Above avg plan size
10
Participants Small participant base
97th
Percentile by assets National rank
$36.3M
Avg per participant High balance/head
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Official DOL plan name: The Budd Company Employee Pension Plan · Sponsored by Thyssenkrupp North America, LLC. · Oregon · Management of Enterprises

$363M in assets, 10 participants

Thyssenkrupp North America, LLC.'s The Budd Company Employee Pension Plan reported $363M in total assets and 10 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.

  • #1,005 in Management of Enterprises (1,137 peers)

Where The Budd Company Employee Pension Plan sits by assets

The Budd Company Employee Pension Plan sits in the top 5% of all filed plans by assets, $363M for 10 participants (~$36.3M/participant), up 1.6% in 2023.

#1,005
in Management of Enterprises (1,137 peers)
+1.6%
assets growth YoY
3.6×
vs typical plan assets (national mean)

The Budd Company Employee Pension Plan's outsized position by total assets

The Budd Company Employee Pension Plan vs every filed plan by assets

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

$362,535,625 Top 3% higher than 97% 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 Budd Company Employee Pension Plan among micro filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Budd Company Employee Pension Plan is a micro filing (10 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Budd Company Employee Pension Plan reported net income rose from -$37M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • The Budd Company Employee Pension Plan end-of-year assets rose from $357M in the plan year 2022 filing to $363M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 222393554 · Thyssenkrupp North America, LLC. PY 2023 · Defined Benefit (Pension)

The Budd Company Employee Pension Plan · $363M · 10 · 97th

  • PHOTO $363M
  • PHOTO 10
  • PHOTO 97th
  • PHOTO Defined Benefit (Pension)
  • PHOTO near Signify North America Corporation Pension Plan
  • PHOTO ind #1005

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 Oregon →

The Budd Company Employee Pension Plan in the asset neighbourhood

The Hanover Insurance Group Cash Balance Pension PlanThe Hanover Insurance Group …$363MGeneral Dynamics Land Systems Pension AgreementGeneral Dynamics Land System…$363MThe Budd Company Employee Pension PlanThe Budd Company Employee Pe…$363MSignify North America Corporation Pension PlanSignify North America Corpor…$362MHawaii Electricians Pension PlanHawaii Electricians Pension …$362M
End-of-year total assets ($M) among The Budd Company Employee Pension 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)$357M
Net Assets (End of Year)$363M
Net Income$6M
Employer EIN222393554
Plan Effective Date1950-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Thyssenkrupp North America, LLC.)

Sponsor-wide plan assets over time

All Thyssenkrupp North America, LLC. plans reported in each filing year

Latest sponsor-wide plan assets
$475M 32.8327131015552% vs 2022
2024 filing year
$400M$500M$600M$700M$800M 202220232024 $707M $475M ▼ -32.8%
Year Plans Participants Total Assets
2022 3 2,347 $707M
2023 3 2,828 $732M
2024 3 2,574 $475M

Nearby Defined Benefit (Pension) Plans in Oregon

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

The Budd Company Employee Pension Plan vs. nearby Defined Benefit (Pension) plans in Oregon, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 00.511.52 Total assets ($B) Participants The Budd Company Employee Pension Plan, Total assets ($B): 0.362535625 · Participants: 10The Budd Company Employee Pension PlanXpo Pension Plan, Total assets ($B): 1.662597016 · Participants: 4840Xpo Pension PlanNorthwest Sheet Metal Workers Pension Plan, Total assets ($B): 1.546537504 · Participants: 4660Northwest Sheet Metal Workers Pension PlanUa Local 290 Plumber, Steamfitter & Shipfitter Pension Plan, Total assets ($B): 1.119947239 · Participants: 3351Ua Local 290 Plumber, Steamfitter & Shipfitter Pension PlanPrecision Castparts Corp. Retirement Plan, Total assets ($B): 1.05006839 · Participants: 2018Precision Castparts Corp. Retirement PlanOregon Retail Employees Pension Plan, Total assets ($B): 1.019198743 · Participants: 20043Oregon Retail Employees Pension Plan
The Budd Company Employee Pension Plan vs. nearby Defined Benefit (Pension) plans in Oregon, assets vs. participants
Compare The Budd Company Employee Pension Plan side-by-side with 3 peers →

The Budd Company Employee Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Oregon, the nearest Defined Benefit (Pension) by assets is Signify North America Corporation Pension Plan in NJ ($362M); by covered participants it is Turley Dental Corporation Defined Benefit Pension Plan in CA (10 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (10 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 Budd Company Employee Pension Plan assets move in 2023? ▼
The Budd Company Employee Pension Plan edged up modestly - up 1.6% during 2023, from $357M to $363M. Reported net income was $6M.
How have Thyssenkrupp North America, LLC. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Thyssenkrupp North America, LLC.'s sponsor-wide assets declined 32.8%, from $707M to $475M.
Where does The Budd Company Employee Pension Plan rank by assets among Form 5500 filers? ▼
The Budd Company Employee Pension Plan ranks in the 97th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to The Budd Company Employee Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Signify North America Corporation Pension Plan in NJ ($362M, 230 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to The Budd Company Employee Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Turley Dental Corporation Defined Benefit Pension Plan in CA (10 participants, $3M 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 222393554.

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.