Defined Benefit (Pension) · DOL Form 5500 · 2024

Bessemer & Lake Erie Railroad Company Pension Plan

Data updated 2026-08-25

$55M
Total assets Below avg plan size
379
Participants Below avg headcount
85th
Percentile by assets National rank
$144,805
Avg per participant Above avg balance/head
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Official DOL plan name: Bessemer Non-Contributory Pension Plan · Sponsored by Bessemer & Lake Erie Railroad Company · Illinois · Transportation & Warehousing

$55M in assets, 379 participants

Bessemer & Lake Erie Railroad Company's Bessemer Non-Contributory Pension Plan reported $55M in total assets and 379 participants in its 2024 DOL Form 5500 filing, ranking in the 85th 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.

  • #2,759 in Transportation & Warehousing (3,299 peers)

Coverage in Illinois

Bessemer Non-Contributory Pension Plan covers 379 participants in Illinois, about 49% of the average Illinois filer (state average ~779 per filing). Assets: $55M.

#2,759
in Transportation & Warehousing (3,299 peers)
-7.7%
assets change YoY
0.6×
vs typical plan assets (national mean)

The plan reported a net loss of $5M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Bessemer Non-Contributory Pension Plan's outsized position by total assets

Bessemer Non-Contributory Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$54,881,000 Top 15% higher than 85% of 123,620 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 2024

Bessemer Non-Contributory Pension Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Bessemer Non-Contributory Pension Plan sits mid-pack in the medium band (379 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Bessemer Non-Contributory Pension Plan reported net income fell from $1M in the plan year 2023 filing to -$5M in the plan year 2024 filing.
  • Bessemer Non-Contributory Pension Plan end-of-year assets fell from $59M in the plan year 2023 filing to $55M in the plan year 2024 filing.
  • Bessemer Non-Contributory Pension Plan reported participants fell from 391 in the plan year 2023 filing to 379 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 251589046 · Bessemer & Lake Erie Railroad Company PY 2024 · Defined Benefit (Pension)

Bessemer Non-Contributory Pension Plan · $55M · 379 · 85th

  • TYPE $55M
  • NET 379
  • BOOK 85th
  • VS-ST Defined Benefit (Pension)
  • BOY near Service Federal Credit Union Retirement Pension Plan
  • SCH ind #2759

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 Transportation & Warehousing retirement plans → · Plans in Illinois →

Bessemer Non-Contributory Pension Plan in the asset neighbourhood

W.R. Grace & Co. Retirement Plan for Curtis Bay PlantW.R. Grace & Co. Retirement …$55MBessemer Non-Contributory Pension PlanBessemer Non-Contributory Pe…$55MService Federal Credit Union Retirement Pension PlanService Federal Credit Union…$55MBaton Rouge Sheet Metal Workers Pension FundBaton Rouge Sheet Metal Work…$55MLewis Brisbois Bisgaard & Smith LLP Cash Balance Pension Plan IIILewis Brisbois Bisgaard & Sm…$55M
End-of-year total assets ($M) among Bessemer Non-Contributory Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Illinois filing particulars

Total Assets (Beginning of Year)$59M
Net Assets (End of Year)$55M
Net Income-$5M
Employer EIN251589046
Plan Effective Date2001-03-24
Filing StatusFILING RECEIVED

Sponsor Plan History (Bessemer & Lake Erie Railroad Company)

Sponsor-wide plan assets over time

All Bessemer & Lake Erie Railroad Company plans reported in each filing year

Latest sponsor-wide plan assets
$55M 5.849959685028564% vs 2022
2024 filing year
$54M$56M$58M$60M 202220232024 $58.3M $54.9M ▼ -5.9%
Year Plans Participants Total Assets
2022 1 424 $58M
2023 1 391 $59M
2024 1 379 $55M

Nearby Defined Benefit (Pension) Plans in Illinois

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

Bessemer Non-Contributory Pension Plan vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -200204060 Total assets ($B) Participants Bessemer Non-Contributory Pension Plan, Total assets ($B): 0.054881 · Participants: 379Bessemer Non-Contributory Pension PlanCentral States, Southeast & Southwest Areas Pension Plan, Total assets ($B): 48.22071058 · Participants: 36799Central States, Southeast & Southwest Areas Pension PlanState Farm Insurance Companies Retirement Plan for United States Employees, Total assets ($B): 37.736369487 · Participants: 41619State Farm Insurance Companies Retirement Plan for United States EmployeesGE Healthcare Pension Plan, Total assets ($B): 13.74052931 · Participants: 5554GE Healthcare Pension PlanAbbott Laboratories Annuity Retirement Plan, Total assets ($B): 8.591907247 · Participants: 17875Abbott Laboratories Annuity Retirement PlanUnited Food & Commercial Workers Intl Union - Industry Pension Fund, Total assets ($B): 8.17675965 · Participants: 20984United Food & Commercial Workers Intl Union - Industry Pension Fund
Bessemer Non-Contributory Pension Plan vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants
Compare Bessemer Non-Contributory Pension Plan side-by-side with 3 peers →

Bessemer Non-Contributory Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Illinois, the nearest Defined Benefit (Pension) by assets is Service Federal Credit Union Retirement Pension Plan in NH ($55M); by covered participants it is Indorama Ventures Defined Benefit Pension Plan in TX (379 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (379 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Bessemer Non-Contributory Pension Plan assets move in 2024? ▼
Bessemer Non-Contributory Pension Plan pulled back noticeably - down 7.7% during 2024, from $59M to $55M. Reported net income was -$5M.
How have Bessemer & Lake Erie Railroad Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Bessemer & Lake Erie Railroad Company's sponsor-wide assets declined 5.8%, from $58M to $55M.
Where does Bessemer Non-Contributory Pension Plan rank by assets among Form 5500 filers? ▼
Bessemer Non-Contributory Pension Plan ranks in the 85th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Bessemer Non-Contributory Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Service Federal Credit Union Retirement Pension Plan in NH ($55M, 370 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Bessemer Non-Contributory Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Indorama Ventures Defined Benefit Pension Plan in TX (379 participants, $112M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 251589046.

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.