Defined Benefit (Pension) · DOL Form 5500 · 2023

The Gorman-Rupp Company Pension Plan

Data updated 2026-08-25

$54M
Total assets Below avg plan size
236
Participants Below avg headcount
86th
Percentile by assets National rank
$227,751
Avg per participant Above avg balance/head
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Official DOL plan name: The Gorman-Rupp Company Retirement Plan · Sponsored by The Gorman-Rupp Company · Ohio · Manufacturing

$54M in assets, 236 participants

The Gorman-Rupp Company's The Gorman-Rupp Company Retirement Plan reported $54M in total assets and 236 participants in its 2023 DOL Form 5500 filing, ranking in the 86th 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.

  • #14,986 in Manufacturing (18,722 peers)

Coverage in Ohio

The Gorman-Rupp Company Retirement Plan covers 236 participants in Ohio, about 31% of the average Ohio filer (state average ~765 per filing). Assets: $54M.

#14,986
in Manufacturing (18,722 peers)
+11.2%
assets growth YoY
0.5×
vs typical plan assets (national mean)

The Gorman-Rupp Company Retirement Plan's outsized position by total assets

The Gorman-Rupp Company Retirement Plan vs every filed plan by assets

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

$53,749,336 Top 14% higher than 86% 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 Gorman-Rupp Company Retirement 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. The Gorman-Rupp Company Retirement Plan sits mid-pack in the medium band (236 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Gorman-Rupp Company Retirement Plan reported net income rose from -$26M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • The Gorman-Rupp Company Retirement Plan reported participants fell from 294 in the plan year 2022 filing to 236 in the plan year 2023 filing.
  • The Gorman-Rupp Company Retirement Plan end-of-year assets rose from $48M in the plan year 2022 filing to $54M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 340253990 · The Gorman-Rupp Company PY 2023 · Defined Benefit (Pension)

The Gorman-Rupp Company Retirement Plan · $54M · 236 · 86th

  • NET $54M
  • NET 236
  • NET 86th
  • NET Defined Benefit (Pension)
  • NET near South County Hospital Retirement Plan
  • NET ind #14986

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 Ohio →

The Gorman-Rupp Company Retirement Plan in the asset neighbourhood

Covia Communities Retirement Income PlanCovia Communities Retirement…$54MThe Gorman-Rupp Company Retirement PlanThe Gorman-Rupp Company Reti…$54MSouth County Hospital Retirement PlanSouth County Hospital Retire…$54MHelmerich & Payne, Inc. Employees Retirement PlanHelmerich & Payne, Inc. Empl…$54MBaylor Scott & White Health Consolidated Frozen Benefit PlanBaylor Scott & White Health …$54M
End-of-year total assets ($M) among The Gorman-Rupp Company Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Ohio filing particulars

Total Assets (Beginning of Year)$48M
Net Assets (End of Year)$54M
Net Income$5M
Employer EIN340253990
Plan Effective Date1982-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Gorman-Rupp Company)

Sponsor-wide plan assets over time

All The Gorman-Rupp Company plans reported in each filing year

Latest sponsor-wide plan assets
$179M 41.119054388347614% vs 2022
2024 filing year
$120M$140M$160M$180M$200M 202220232024 $127M $179M ▲ +41.1%
Year Plans Participants Total Assets
2022 3 1,342 $127M
2023 3 1,545 $152M
2024 3 1,667 $179M

Nearby Defined Benefit (Pension) Plans in Ohio

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

The Gorman-Rupp Company Retirement Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -202468 Total assets ($B) Participants The Gorman-Rupp Company Retirement Plan, Total assets ($B): 0.053749336 · Participants: 236The Gorman-Rupp Company Retirement PlanFirstenergy Corp. Master Pension Plan, Total assets ($B): 7.144086795 · Participants: 12304Firstenergy Corp. Master Pension PlanNationwide Retirement Plan, Total assets ($B): 5.281060445 · Participants: 22311Nationwide Retirement PlanAmerican Electric Power System Retirement Plan, Total assets ($B): 4.475896468 · Participants: 15595American Electric Power System Retirement PlanParker Defined Benefit Plan, Total assets ($B): 3.656915014 · Participants: 191Parker Defined Benefit PlanOhio Operating Engineers Pension Plan, Total assets ($B): 3.592540979 · Participants: 10029Ohio Operating Engineers Pension Plan
The Gorman-Rupp Company Retirement Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants
Compare The Gorman-Rupp Company Retirement Plan side-by-side with 3 peers →

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

Outside Ohio, the nearest Defined Benefit (Pension) by assets is South County Hospital Retirement Plan in RI ($54M); by covered participants it is St. Mary's Home for Disabled Children Retirement Plan in VA (236 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (236 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 Gorman-Rupp Company Retirement Plan assets move in 2023? ▼
The Gorman-Rupp Company Retirement Plan grew at a solid clip - up 11.2% during 2023, from $48M to $54M. Reported net income was $5M.
How have The Gorman-Rupp Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Gorman-Rupp Company's sponsor-wide assets grew 41.1%, from $127M to $179M.
Where does The Gorman-Rupp Company Retirement Plan rank by assets among Form 5500 filers? ▼
The Gorman-Rupp Company Retirement Plan ranks in the 86th 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 Gorman-Rupp Company Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is South County Hospital Retirement Plan in RI ($54M, 133 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to The Gorman-Rupp Company Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is St. Mary's Home for Disabled Children Retirement Plan in VA (236 participants, $25M 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 340253990.

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.