Defined Benefit (Pension) · DOL Form 5500 · 2023
Thyssenkrupp North America, LLC. Pension Plan
Data updated 2026-08-11
- $363M
- Total assets
- 10
- Participants
- 97th
- Percentile by assets
- $36.3M
- Avg per participant
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.
- 97th percentile by assets (of 127,072 plans)
- #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.
- $363M
- total plan assets (2023 EOY)
- 10
- covered participants
- 97th
- percentile by assets (of 127,072 plans)
- $36.3M
- avg assets per participant
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.
The Budd Company Employee Pension Plan vs the 2023 asset distribution
By assets, The Budd Company Employee Pension Plan outranks 97% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 3.6x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $357M |
|---|---|
| Net Assets (End of Year) | $363M |
| Net Income | $6M |
| Employer EIN | 222393554 |
| Plan Effective Date | 1950-12-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Thyssenkrupp North America, LLC.)
| 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
- Xpo Pension Plan $1.7B · 4,840
- Northwest Sheet Metal Workers Pension Plan $1.5B · 4,660
- Ua Local 290 Plumber, Steamfitter & Shipfitter Pension Plan $1.1B · 3,351
- Precision Castparts Corp. Retirement Plan $1.1B · 2,018
- Oregon Retail Employees Pension Plan $1.0B · 20,043
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to The Budd Company Employee Pension Plan by total assets, not by location.
- Signify North America Corporation Pension Plan (NJ) $362M · 230
- General Dynamics Land Systems Pension Agreement (MI) $363M · 637
- The Hanover Insurance Group Cash Balance Pension Plan (MA) $363M · 677
- Hawaii Electricians Pension Plan (HI) $362M · 1,668
Frequently Asked Questions
How did The Budd Company Employee Pension Plan assets move in 2023? ▼
How have Thyssenkrupp North America, LLC. plan assets changed over time? ▼
Where does The Budd Company Employee Pension Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to The Budd Company Employee Pension Plan? ▼
Next read for The Budd Company Employee Pension Plan
Scale reading
Ways to act on The Budd Company Employee Pension Plan's numbers.
- By total assets, The Budd Company Employee Pension Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Oregon. Compare plans
- Thyssenkrupp North America, LLC.'s sponsor-wide assets have declined 32.8% since 2022 across 3 plan years on file. More Management of Enterprises plans