Defined Benefit (Pension) · DOL Form 5500 · 2023

H.B. Fuller Company Pension Plan

Data updated 2026-08-25

$349M
Total assets Above avg plan size
265
Participants Below avg headcount
97th
Percentile by assets National rank
$1.3M
Avg per participant High balance/head
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Official DOL plan name: H.B. Fuller Legacy Pension Plan · Sponsored by H.B. Fuller Company · Minnesota · Manufacturing

$349M in assets, 265 participants

H.B. Fuller Company's H.B. Fuller Legacy Pension Plan reported $349M in total assets and 265 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.

  • #17,693 in Manufacturing (18,722 peers)

Coverage in Minnesota

H.B. Fuller Legacy Pension Plan covers 265 participants in Minnesota, about 24% of the average Minnesota filer (state average ~1,126 per filing). Assets: $349M.

#17,693
in Manufacturing (18,722 peers)
+9.2%
assets growth YoY
3.5×
vs typical plan assets (national mean)

H.B. Fuller Legacy Pension Plan's outsized position by total assets

H.B. Fuller Legacy Pension Plan vs every filed plan by assets

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

$349,023,906 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

H.B. Fuller Legacy Pension Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. H.B. Fuller Legacy Pension Plan sits mid-pack in the medium band (265 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • H.B. Fuller Legacy Pension Plan reported net income rose from -$7M in the plan year 2022 filing to $29M in the plan year 2023 filing.
  • H.B. Fuller Legacy Pension Plan reported participants fell from 296 in the plan year 2022 filing to 265 in the plan year 2023 filing.
  • H.B. Fuller Legacy Pension Plan end-of-year assets rose from $320M in the plan year 2022 filing to $349M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 410268370 · H.B. Fuller Company PY 2023 · Defined Benefit (Pension)

H.B. Fuller Legacy Pension Plan · $349M · 265 · 97th

  • NET $349M
  • NET 265
  • NET 97th
  • NET Defined Benefit (Pension)
  • NET near The Adjustable Plan of the Unite Here Retirement
  • NET ind #17693

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 Minnesota →

H.B. Fuller Legacy Pension Plan in the asset neighbourhood

Retirement Plan of American Fidelity GroupRetirement Plan of American …$349MThe Adjustable Plan of the Unite Here RetirementThe Adjustable Plan of the U…$349MH.B. Fuller Legacy Pension PlanH.B. Fuller Legacy Pension P…$349MRetirement Income Plan for Selective Insurance Company of AmericaRetirement Income Plan for S…$348MCleveland Bakers and Teamsters Pension FundCleveland Bakers and Teamste…$348M
End-of-year total assets ($M) among H.B. Fuller Legacy Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$320M
Net Assets (End of Year)$349M
Net Income$29M
Employer EIN410268370
Plan Effective Date1945-08-29
Filing StatusFILING RECEIVED

Sponsor Plan History (H.B. Fuller Company)

Sponsor-wide plan assets over time

All H.B. Fuller Company plans reported in each filing year

Latest sponsor-wide plan assets
$529M 28.23499703588977% vs 2022
2024 filing year
$400M$500M$600M$700M$800M$900M 202220232024 $738M $529M ▼ -28.2%
Year Plans Participants Total Assets
2022 2 2,823 $738M
2023 2 2,826 $837M
2024 1 2,526 $529M

Nearby Defined Benefit (Pension) Plans in Minnesota

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

H.B. Fuller Legacy Pension Plan vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants H.B. Fuller Legacy Pension Plan, Total assets ($B): 0.349023906 · Participants: 265H.B. Fuller Legacy Pension Plan3M Employee Retirement Income Plan, Total assets ($B): 14.281991028 · Participants: 106383M Employee Retirement Income PlanMayo Pension Plan, Total assets ($B): 11.032936702 · Participants: 69155Mayo Pension PlanThe Travelers Pension Plan, Total assets ($B): 4.150985971 · Participants: 24884The Travelers Pension PlanGeneral Mills Pension Plan I, Total assets ($B): 3.991064596 · Participants: 383General Mills Pension Plan IU.S. Bank Pension Plan, Total assets ($B): 3.969502742 · Participants: 56287U.S. Bank Pension Plan
H.B. Fuller Legacy Pension Plan vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants

H.B. Fuller Legacy Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Minnesota, the nearest Defined Benefit (Pension) by assets is The Adjustable Plan of the Unite Here Retirement in NY ($349M); by covered participants it is Holsum De Puerto Rico, Inc. Employees' Retirement Plan in PR (265 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (265 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 H.B. Fuller Legacy Pension Plan assets move in 2023?
H.B. Fuller Legacy Pension Plan grew at a solid clip - up 9.2% during 2023, from $320M to $349M. Reported net income was $29M.
How have H.B. Fuller Company plan assets changed over time?
Across 3 plan years on file (2022-2024), H.B. Fuller Company's sponsor-wide assets declined 28.2%, from $738M to $529M.
Where does H.B. Fuller Legacy Pension Plan rank by assets among Form 5500 filers?
H.B. Fuller Legacy 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 H.B. Fuller Legacy Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is The Adjustable Plan of the Unite Here Retirement in NY ($349M, 42,309 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to H.B. Fuller Legacy Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Holsum De Puerto Rico, Inc. Employees' Retirement Plan in PR (265 participants, $9M in assets).